Bitcoin price prediction: Analyst says BTC is poised for a retest of $28,800
Bitcoin price has dropped below $30,000 to currently trade near $29,480. Crypto analyst Rekt Capital says BTC price could retest $28,800 and establish it as a major support area. BTC…
ETH is a leading indicator for smaller altcoins, top analyst says
ETH price rose to highs of $2,009 on Binance. Ethereum’s Shanghai/Shapella upgrade went live successfully on Wednesday,12 April, 2023. Crypto analyst Rekt Capital says Ether’s price movement is a “leading…
Bitcoin miner stock CleanSpark has upside to $12, analyst says
H.C. Wainwright reiterates CleanSpark Inc its top pick for 2023. Analyst Mike Colonnese explained why in a research note today. CleanSpark stock is already up more than 50% for the…
Mike Novogratz says Bitcoin and Ethereum are the best risk-adjusted investments today
Mike Novogratz is bullish on crypto, particularly the top two coins Bitcoin and Ethereum. The Galaxy Digital CEO says BTC and ETH been best risk-adjusted investments over the last few…
VanEck CEO says Bitcoin is like an ‘eight-year-old child’: here’s why
Jan van Eck sees a several year bull cycle in Bitcoin. He explained why in a recent interview with CNBC. Bitcoin is already up 70% versus the start of the…
Coinbase CEO says SEC’s notice wasn’t entirely unexpected
Coinbase disclosed a Wells Notice from the US Securities and Exchange Commission (SEC). A Wells Notice usually comes before an enforcement action. Coinbase CEO Brian Armstrong says the company isn’t…
Coinbase says ETH unstaking requests may take weeks or months to process
Staked ETH withdrawals are being processed on Ethereum Goerli Testnet ahead of the Shanghai upgrade. Coinbase has said it expects demand for ETH unstaking to surge after the Shanghai upgrade.…
Circle says $3.3B of USDC reserves stuck at Silicon Valley Bank
Circle said it failed to remove $3.3 billion from Silicon Valley Bank. SVB is under FDIC receivership following its collapse. USDC depegged following the news, falling 8% to hit lows…
Silvergate shares tumble after company says it’s shutting down crypto bank
Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in…
Stablecoins and Ether are going to be commodities, says CFTC Chair
Key takeaways CFTC chair Rostin Behnam believes that stablecoins and Ether are going to be commodities. The CFTC has always maintained that Bitcoin, Ether, and other cryptocurrencies are commodities. Behnam…