An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree. Bitcoin could retrace toward $70,000 if it continues its long-standing correlation with the global money supply in cash and bank deposits, according to an analyst. “So far, this correlation is shockingly accurate,” Theya Bitcoin head…
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The infamous 10,000 BTC mistake is often used by Bitcoin maximalists to extoll the virtues of ‘hodling’ the supply-capped asset. The two Papa John’s pizzas ordered by programmer Laszlo Hanyecz in 2010 for 10,000 Bitcoin. have become infamous in the crypto world. At current market prices, those two pizzas cost Laszlo more than $978 million. In…
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Mythical’s CEO John Linden anticipates that FIFA Rivals could attract over 100 million gamers into the Web3 space. Federation Internationale de Football Association (FIFA) and blockchain gaming studio Mythical Games have teamed up to launch FIFA Rivals — a free-to-play soccer game on Apple’s iOS and Android. Scheduled to be released in the summer of…
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The report comes five days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce. Financial services firm Cantor Fitzgerald reportedly agreed to a 5% stake in stablecoin issuer Tether in the past year, which could position the company to receive more political support from the incoming Trump administration. The…
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A16z Crypto’s Miles Jennings posted on X that the ruling is a “huge blow” to decentralized governance. A United States federal judge ruled that participants in decentralized autonomous organizations (DAOs) can be held liable for the actions of other members under state partnership laws. On Nov. 18, Judge Vince Chhabria of the United States District…
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The world’s most valuable company is focusing on AI systems or agents designed to exhibit autonomous decision-making. Nvidia CEO Jensen Huang says his firm will be focused on being at the forefront of agentic (autonomous) artificial intelligence, as it delivered record revenue in the third quarter. “The age of AI is in full steam, propelling…
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Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do. United States Senator Cynthia Lummis’ plan to set up a strategic Bitcoin reserve won’t be enough to solve the country’s debt crisis, which has now swelled to…
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XRP has broken out of a seven-year consolidation pattern, signaling a potential 50% price surge in the months ahead. XRP has soared 134% since the United States election on Nov. 6, pushing its year-to-date returns into positive territory with gains exceeding 80%. XRP’s price broke $1 for the first time since December 2021. XRP/USD weekly price…
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Benjamin Cowen says “sometimes I am wrong, sometimes right” with his crypto predictions but he is confident Bitcoin dominance “will go down” in 2025. With a crypto bull run on the horizon, you better have some solid reasoning to back up your bold and overly optimistic crypto predictions, says Into The Cryptoverse founder Benjamin Cowen.…
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MicroStrategy’s Michael Saylor says he’ll get three minutes to pitch Microsoft on why it should buy Bitcoin, claiming it would make it a more stable and less risky stock. Bitcoin bull and MicroStrategy Chairman Michael Saylor says he has agreed to give a three-minute presentation to Microsoft’s board of directors about investing in Bitcoin. “The…
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