Jan van Eck, CEO of VanEck, has once again spoken about bitcoin. Apparently, nothing has changed: he still holds the queen of cryptocurrencies in high esteem. Additionally, he has predicted a new All-Time High (ATH) for this “essential” digital asset within the next 12 months. Details!
Central Bank Digital Currencies (CBDCs) are not popular. They are strongly criticized for the threats they pose to individual privacy. However, the crypto firm Ripple has just released a white paper that promotes the utility of these controversial assets.
The next two years are expected to see a significant increase in the volume of asset trading on the blockchain, according to Mathew McDermott, Global Head of Crypto Assets at Goldman Sachs. He explains that since the beginning of 2023, the bank's clients have shown a “huge appetite” for crypto assets and crypto derivative trading. This was reported during an interview with Reuters.
On the smart contract market, Solana has been particularly dynamic this year. So much so that some analysts nickname this crypto platform the Ethereum “killer,” the current market leader. A position that, according to the exchange Coinbase, should not be called into question in 2024.
The principle of investing in the stock markets is to seek reward in exchange for the risk taken. That's why we will see if incorporating bitcoin into a portfolio can be a positive element.
Bitcoin, the venerable pioneer, is facing a new challenge. Denial of Service (DoS) attacks, orchestrated, according to some, by young anime fans, and the threat of more sophisticated manipulations threaten the stability of the blockchain. But that's not all: a surge in transaction fees and a drop in prices are shaking the market. Let's take a closer look at this phenomenon.
Crypto market decline: Bitcoin, Ethereum, Solana, and XRP in decline. Is this the end of the bull run or just a correction?
The Solana Saga phones, initially ignored, are now the subject of frenzy in the crypto community. On eBay, some models are selling for up to 5 times the price of the latest Apple iPhones.
Week after week, the crypto sector continues to innovate and redefine the boundaries of finance and technology with boldness and creativity. In this weekly recap, we will delve into the most significant news of the past week, from El Salvador's pioneering Bitcoin bonds initiative to Donald Trump's controversial NFT collection, and the promising prospects of SEC approval for Bitcoin Spot ETFs. We will also examine the security incident at Ledger, the implications of BlackRock's entry into Bitcoin mining, and current trends surrounding Ethereum and Solana.
The founder of the crypto firm Cardano, Charles Hoskinson, is opposed to any crypto collaboration involving this blockchain and Ripple's XRP. In a recent media release, the CEO discussed the reasons underlying this position, which he does not seem willing to change.