PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Industry experts explain the benefits and disadvantages of PayPal’s PYUSD stablecoin. Go to Source
Predictions
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Bitcoin rally will lead to “speculative blow-off top” in 2024, Mark Yusko predicts.
BlackRock’s application for a spot Bitcoin ETF have kicked off the next Bitcoin bull run which will culminate in 2024 with a speculative parabolic run, according to Morgan Creek Capital CIO, Mark Yusko. Go to Source Powered by WPeMatico
Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar … Read more
Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities
Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold will be the best performer” this year and stated that the U.S. Federal Reserve will not cut rates until a “massively nasty recession” occurs. … Read more
How AI can make the metaverse a more interactive space
The metaverse will likely impact physical and social interactions, with artificial intelligence a critical factor in this shift. Go to Source Powered by WPeMatico
Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting
Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023, the Federal Open Market Committee (FOMC) is set … Read more
Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K
The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56 specialists convened to give their 2023 bitcoin price forecast, and the panelists suggest bitcoin … Read more
How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains
Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman. Go to Source Powered by WPeMatico
Ripple exec expects more crypto acquisitions by TradFi in 2023
Crypto acquisitions in 2023 will further strengthen the industry in the aftermath of casualties like the FTX collapse, a Ripple exec predicted. Go to Source Powered by WPeMatico
Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023
Public Bitcoin miners will actively work to minimize costs in 2023 by going private or merging with other firms, Hash Rate Index analysts predicted. Go to Source Powered by WPeMatico