Rally
Bitcoin Cools After 65% Rally; WOO Network Predicts BTC Price to Hit $75K in Early 2024
The largest cryptocurrency by market cap recovered to $43,000 after Monday’s 10% flash crash to $40,000 that flushed overenthusiastic leveraged bets on higher prices. A dovish Federal Reserve projecting rate cuts and the falling U.S. dollar bolstered the recovery, but lost steam by Friday and BTC slipped back to $41,500. Source link
Solana (SOL) Rally Sees FTX’s Holdings Grow to $3.3B, Setting Claims Market on Fire
“The market for claims has gone red hot,” Braziel said via email. “Everything that was off the table is now on the table in terms of issues with claims, such as KYC/ AML being not verified. In the beginning it was super picky; now it’s whatever we can touch that we can figure out, we…
Starknet, LayerZero, and More Fuel Crypto Rally with Token Releases
Loyal readers of The Protocol will recall our riff in last week’s issue, headlined “Bitcoin Censorship, or Just ‘Spam Filtering?‘” The gist of the story is that some Bitcoin purists are trying to keep the oldest and largest blockchain free from non-financial transactions – such as the text snippets and images that some people are…
Bitcoin (BTC) Price Rally Halts at $43K While Ether (ETH), Solana (SOL) Rallies to Fresh Highs
BTC dipped to $43,000 during the day following its breakneck climb to near $45,000 earlier this week, suggesting that traders took some profits after the largest crypto’s breakout from $38,000 a week ago. Recently, bitcoin was changing hands at around $43,300, down 1.1% over the past 24 hours. Source link