Ethereum gains 15% in a week — Is a recovery to $3K back in sight?
Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic? Go to Source
Cryptocurrencies
Auto Added by WPeMatico
Stablecoins and crypto are threatening fiat money dominance in Eastern Asia
Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins. Go to Source
Bingx Resumes ‘Mainstream’ Asset Withdrawals 24 Hours After Hack
Bingx said it has resumed withdrawals for “mainstream” cryptocurrencies including bitcoin, tether and ethereum among others. However, the exchange has warned of potential delays due to security reviews. The crypto exchange said it will gradually restore withdrawal services for other cryptocurrencies but has canceled pending requests. The exchange’s chief product officer expressed concern about the … Read more
Computer Scientist: China’s Crypto Crackdown Spurred Decentralization of Asia’s Web3 Infrastructure
Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds that the rapid development of the Asian market outside of China has further solidified the region’s position as … Read more
Bitcoin rally above short-term holder metric has traders calling for new BTC price highs
Bitcoin’s recent rally put its price above a key bull market metric. Are new highs inbound? Go to Source
Chainlink’s Sergey Nazarov predicts asset tokenization will transform Web3
Trillions of dollars will flow into Web3 once the details of the Internet of Contracts are worked out. Go to Source
Inside the Pig Butchering Scam: Real Stories from Victims
The latest Cointelegraph video discusses one of the most dangerous crypto scams, ‘Pig Butchering,’ where victims are lured into fake investment schemes. Go to Source
Can Berachain’s new token challenge Solana and Ether dominance?
Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024. Go to Source
Crypto and commodities poised for massive rally, says market analyst
According to Michael van de Poppe, an upcoming surge in global liquidity, fueled by debt refinancing, could trigger the next Bitcoin bull run. Go to Source
USDC issuer Circle announces HQ move to New York ahead of IPO
2025 could bring stablecoins into the mainstream, after 2024 introduced a “turning point year in crypto,” according to Circle’s Allaire. Go to Source
