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Bitcoin [BTC], the world’s largest crypto , is currently on an intriguing journey. According to the analyst Michaël van de Poppe, the king coin is expected to see a notable rise. His Analysis reveals that Bitcoin is expected to maintain a price range of $45,000 to $50,000 as it enters a new phase. Bitcoin’s halving is a prominent event that is slated to occur in April 2024. It's expected to see #Bitcoin reach $45,000-50,000 pre-halving, after which we'll have a heavy correction back to $32,000-35,000 and consolidate from there. Cycles repeat themselves and #Bitcoin has been suffering a lot the past two years. — Michaël van de Poppe (@CryptoMichNL) November 9, 2023 The analyst also notes that the asset could also witness a correction. Bitcoin following its surge is expected to dip back down to the $32,000 to $35,000 zone. This forecast coincides with Bitcoin bidding farewell to its period of accumulation. It is reportedly venturing into the initi...

Federal law enforcement has significantly impacted the realm of crypto crime. U.S. Attorney Philip R. Sellinger recently disclosed the confiscation of $54 million worth of digital currencies. This was from the leader of a notorious drug ring in New Jersey, Christopher Castelluzzo. This revelation unveils the complex network of crypto transactions intertwined with the unlawful actions of Castelluzzo and his co-conspirators. The digital assets totaling $54 million were detected within wallets linked with Castelluzzo, who orchestrated a drug ring operational between 2010 and 2015. These funds were determined to be the profits generated from Castelluzzo’s illicit activities. This involved mail-order cocaine and designer DRUGS during that period. These operations, identified as ‘Skin Deep’, took place on darknet forums, with Bitcoin serving as the primary method of payment. Castelluzzo subsequently converted his Bitcoin holdings into other crypto , including Ethereum (...

The Shiba Inu network is setting its sights on a significant milestone in the world of crypto currencies: the eradication of a decimal point. In crypto lingo, “eliminating a zero” is the term used when a coin’s price increases tenfold, effectively shifting its decimal point to the right. While this journey may be lengthy, it is by no means unattainable, and the SHIB community is abuzz with anticipation. With Shiba Inu’s (SHIB) current price standing at $0.00000793, the community is optimistic about SHIB’s prospects for destroying another zero from its price point. To accomplish this feat and breach the $0.00001 level, SHIB would need to achieve a gain of roughly 25.5%. Notably, the last time SHIB traded above the $0.000001 mark was back in August, as per Binance’s data. Source Amidst this development, the SHIB market saw a recent decrease in trading volume. While some may find this worrisome, others interpret it as a positive signal. Reduced tra...

The Shiba Inu [SHIB] ecosystem has witnessed growing adoption, yet its price has remained stagnant. As September offered little volatility, expectations point to a potentially turbulent October. At press time, SHIB is trading at $0.000007254, experiencing a daily decline of 0.11%. Furthermore, the asset’s market capitalization has fallen to $4.27 billion. Consequently, this shift in market dynamics has enabled other assets, such as Chainlink [LINK], to surpass SHIB in terms of ranking. Evidently, the introduction of Shibarium did not have a favorable impact on the meme coin. Presently, approximately 89% of the asset’s holders find themselves in a loss position. A mere 9% of SHIB’s holders are seeing gains at the current asset price. Nonetheless, is October poised to be a favorable month for SHIB, and is there potential for the token’s price to surge from its current position? In this article, we will explore the potential trading range for Shiba Inu in October...

Artfi, an art technology company, will sponsor Token2049, one of the largest crypto events in Singapore. Artfi announces Token2049 sponsorship The official announcement was made during an X space session dubbed “Redefining Ownership of Real-World Assets with Blockchain Technology” on Aug. 26, 2023.   The Spaces Event was one of the largest online gatherings that showcased the emerging relationship between art and blockchain. Key players in the industry were also highlighted.  You might also like: Croatia launches platform for investment in pig NFTs  As the Artfi team shared plans and soft launched, they confirmed their role as a title sponsor for the upcoming Token2049 conference scheduled for Sep. 12 and 13.  The Token 2049 conference is a significant event in the crypto world. It brings together numerous founders and executives from top web3 projects to discuss the development of the crypto space.  This gathering is an opportu...

How Long Will it Take for Ethereum to Reach $5,000?: Guide ‍The world of cryptocurrencies has been buzzing with excitement as Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to make waves in the market. Investors and enthusiasts alike are eagerly awaiting for Ethereum to reach its all-time high of $5000. In this article, we will explore the factors that could contribute to Ethereum’s price surge and discuss how long it might take for ETH to reach this significant milestone. Also read: Ethereum: Rising Shorts, Whale Interest Opens Bullish Speculation Understanding Ethereum and its Price Movements Ethereum is a decentralized blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Utilizing a proof-of-stake (PoS) consensus mechanism, is more energy-efficient than Bitcoin’s proof-of-work (PoW) mechanism. Various factors, such as market demand, investor sentiment...

The upcoming release of Nothing OS 2.0, the latest operating system for the Nothing Phone (1), a collaborative project between Polygon and technology startup Nothing, is set for the upcoming week. The internal beta version of the OS has already been introduced. The startup made the announcement through a Twitter post. The wait is almost over. We've been cooking up Nothing OS 2.0 for Phone (1), and as promised it'll be out next week. https://t.co/7UOnkTaYMP — Nothing (@nothing) August 22, 2023 The latest affirmation arrived a few weeks after the declaration by the company’s founder and CEO, Carl Pei. He stated that the internal beta testing of Nothing OS 2.0 for the Phone 1 was already in progress. Leading up to the unveiling of the Nothing Phone 2, Pei had outlined intentions to introduce Nothing OS 2.0 to the Phone 1 in August. This commitment aligns with the company’s pledge to offer a span of up to three years of Android updates. It also follows four years of...

RocketX, a multichain centralized and decentralized exchange (DEX) aggregator that allows users to trade multiple assets, is integrating Hedera, per a press release shared with crypto.news on Aug. 10. RocketX integrates Hedera Incorporating the RocketX infrastructure aims to enhance Hedera’s interoperability in decentralized finance (defi). This development will also likely make Hedera interact with other networks and blockchains more seamlessly. RocketX is a platform that facilitates the trading of numerous assets from multiple networks via a single user interface and API.  As of Aug. 10, RocketX aggregates more than 300 centralized and decentralized exchanges, providing access to a liquidity pool worth over $100 billion.  The integration of RocketX with Hedera, therefore, is a significant development that makes crypto more fluid, dismantling the current “blockchain-silo” nature of operations, enhancing interoperability . You might also like: Hedera (HB...

Pepe Coin became the most discussed cryptocurrency on social media in July, beating Bitcoin and Ethereum. The meme currency is the darling of investors, as they believe it could replicate Dogecoin and Shiba Inu’s success. However, the social media mentions for July could most likely be negative, as the token relentlessly dipped last month. Nonetheless, any promotion is good promotion for meme coins, as it reaches a broader set of audiences on digital media platforms. Pepe Coin fell nearly 20% in the last 30 days and is also on a downward streak in August. Also Read: Shiba Inu To Reach 5 Cents? Here’s When SHIB Might Hit $0.05 Pepe Coin Tops Bitcoin and Ethereum Source: Finbold.com The new-kid-on-the-block Pepe Coin beat Bitcoin and Ethereum on social media mentions last month. On-chain Analysis firm ICO Analytics published a report showing Pepe dominating all social media mentions at 10%. Bitcoin came in a close second at 9.3% while Ethereum came third at 8.2% of all...

Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said. Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid the ongoing regulatory uncertainty. Soon after announcing a partial delisting of certain digital assets from its platform, Revolut took a decision to suspend all crypto services for U.S. users, the firm said in a statement to Cointelegraph on Aug. 4. Together with its U.S. banking partner, Revolut will be working to suspend access to crypto through its platform starting from Sept. 2, 2023. The firm then will completely shut down crypto services on Revolut on Oct. 3, a spokesperson for the online bank said, adding: “The access to cryptocurrencies through Revolut will be fully disabled and US customers will no longer be able to buy, sell, or hold any cryptocurrencies.” The Revolut representative emphasized that the decision to leave the U.S. marke...

When is the Next Bitcoin Halving? A Comprehensive Guide The countdown to the next Bitcoin halving is on, and it’s attracting the attention of both seasoned crypto enthusiasts and newcomers to the blockchain scene. In 2024, the scheduled event will halve the current mining reward of 6.25 bitcoins per block on the Bitcoin network for miners. But what does this reduction mean for the Bitcoin ecosystem? And how has it impacted the crypto currency’s price movements in the past? This comprehensive guide will explore these questions and more. Also read: Amazon and Google Cloud Host 49% of Bitcoin Lightning Nodes Understanding the Bitcoin Network The Bitcoin network operates on a technology known as the blockchain, a decentralized ledger system that records all transactions made with the crypto currency. A group of users known as ‘miners’ actively maintains this ledger, utilizing their computing power to validate and record transactions on the network. ...

A ransomware attack hit the Italian asset management company Azimut, which manages over $87 billion in assets. BlackCat, also called ALPHV, has claimed responsibility for the attack. The hacker group claimed it has “stolen over 500 GB of potential data.” The group has demanded an undisclosed amount in payment from Azimut, most probably in crypto . The firm said it would not comply with the ransomware group via a public statement released on July 24. A ransomware attack involves the encryption or theft of data, followed by a ransom demand. The attackers then decrypt or return stolen data upon payment. Ransomware groups often demand crypto payment due to their anonymity. Also Read: FBI Protects Over $130M In Cryptocurrency Ransomware From ‘Hive’ In its ransom letter, BlackCat allegedly included sensitive photos of customer data. They also claim to have access to the complete financial information of many customers. Information includes company reports, details on st...

On July 13, the crypto -verse experienced a multitude of significant events. While this day marked an important day for the XRP community, it brought less joy to Celsius Network. The crypto lending platform, along with its former CEO Alex Mashinsky , faced a series of fraud allegations from the Securities and Exchange Commission [SEC]. Nevertheless, Mashinsky chose to enter a plea of not guilty in response to these charges. The former CEO of the crypto lending platform confronted a series of seven criminal charges, involving counts such as securities fraud, commodities fraud, and wire fraud. These allegations were outlined in an unveiled indictment that became public knowledge on Thursday. Shortly after this announcement, news of his arrest emerged. Mashinsky appeared at his arraignment in a federal court located in Manhattan. US lawyer Damian Williams said in a recent press conference, “Whether it’s old-school fraud or some new-school crypto scheme, it doesn’t matter one bit. It...

Throughout the years, there have been numerous success stories related to the cryptocurrency industry. Many individuals have been able to witness significant growth in their investment portfolios by pouring small amounts of money into meme coins like Shiba Inu [SHIB]. However, with the recent decline in the market, the question arises whether it is still possible for people to become cryptocurrency millionaires. According to a new report from CoinGecko, an investor would need an average of $66,298.25 to become a millionaire by investing in meme coins. The report arrived at this conclusion by analyzing the price returns of ten different meme coins. It is important to note that investment requirements for individual meme coins are likely to vary. Additionally, the amount needed to become a millionaire may differ for each asset. For instance, to reach $1 million by investing in Shiba Inu, an investor should make an investment of $11.87. However, it is important to remember that the r...