[ad_1] Closely followed trader and economist Alex Krüger is predicting Ethereum (ETH) will reach new all-time highs (ATHs), while also eyeing up other altcoins. Krüger tells his 171,400 followers on the social media platform X that he “fully expects” new ATHs for ETH based on several fundamental reasons. “I fully expect ETH to trade ATH. I am long ETH. I use ETH. It is useful. It is decent collateral and great for staking. ETH underperforms though. Those not using it for staking are down bad. The reason is simple. Most…
Read MoreDay: April 15, 2024
Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market Declines – Market Updates Bitcoin News
[ad_1] The past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto With Few Standouts The landscape […] [ad_2] Source link
Read MoreBinance Executive Nadeem Arjarwalla Traced to Kenya After Escape from Nigerian Custody
[ad_1] . . . Nadeem Arjarwalla, a senior official of Binance, escaped from detention in Nigeria, and the Nigerian authorities was able to track him down in Kenya . Arjarwalla is charged with participating in operations that caused major disruptions in the Nigerian naira exchange rate market . Arjarwalla’s cover was exposed after he arrived in Kenya, and the Nigerian government moved quickly to arrange for his extradition so he could face the accusations made against him. To speed up the extradition procedure, the Nigeria Police Force, the Kenyan Police…
Read MoreETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate – Finance Bitcoin News
[ad_1] Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions. Although there were anticipations of notable capital inflows into the Hong Kong ETFs, Balchunas mentioned that while it’s a positive step forward, he emphasized […] [ad_2] Source link
Read MoreIs It Wise for E-Commerce Stores to Accept Crypto As Payment?
[ad_1] . . . Everyone is aware of crypto these days. Once obscure, these digital assets are rapidly integrating into the mainstream, particularly in the realm of e-commerce. The industry is predicted to grow from its previous perception as a niche investment for tech enthusiasts to $2.9 billion by 2030. The increasing digitisation of various aspects of life demands the recognition of virtual currency as an authentic asset, not merely a passing fad. This article will examine why the e-commerce industry is open to accept crypto as a viable payment…
Read More‘Lifetime Opportunity’ for Solana? Crypto Analyst Predicts Steep SOL Rally Following Marketwide Dip – Here’s His Target – The Daily Hodl
[ad_1] A widely followed crypto analyst says that Ethereum (ETH) competitor Solana’s (SOL) nearly 45% devaluation from its 2024 high may end up being a “lifetime opportunity” for long-term bulls. Pseudonymous crypto trader Inmortal tells his 212,400 followers on the social media platform X that Solana looks poised to erase most of its losses in the last few days as he expects SOL to rally above $200. “Lifetime opportunity.” Source: Inmortal/X Based on the trader’s chart, he initially predicted that SOL would drop to $115, which it did on Saturday,…
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