Market Analysis and Predictions 92

ChatCrypto Launches AI Subscription Product with Token Burning for Potential Remarkable Returns

ChatCrypto, the leading AI community in the world of cryptocurrencies, is launching its revolutionary AI subscription product, AI AssistPro. This product is designed to provide subscribers with cutting-edge AI-driven insights, analyses, and predictions for the dynamic cryptocurrency market. Subscribers will gain access to real-time market sentiment analysis, trend predictions, and personalized investment suggestions powered by […]

Crypto On-Chain Sleuth Uncovers Magnate Finance Exit Scam on Base Blockchain

An on-chain sleuth, ZachXBT, recently alerted the community of a potential scam masquerading as a legitimate lending protocol called Magnate Finance on the Base blockchain. The deployer address was linked to two DeFi projects that turned out to be exit scams. The project’s website is now offline and its Telegram group was deleted.The analyst revealed […]

1inch Network Expands to Coinbase’s Base to Offer Deeper Liquidity and Higher Speeds

1inch Network has announced its expansion to Base, a Layer-2 Ethereum scaling solution incubated by Coinbase. This move is intended to offer 1inch users access to deeper liquidity, lower transaction costs, and higher speeds. However, the news comes as a warning regarding an impending exit scam by Magnate Finance was issued earlier today.Magnate Finance, with […]

Bitcoin Price Retreats to $26K as Altcoins Follow Suit

Bitcoin’s price pump towards $27,000 came to a quick halt as the asset returned to its familiar ground of around $26,000. Most altcoins also followed suit, with SOL, XRP, SHIB, and MATIC dropping the most from the larger caps.Bitcoin went through extreme volatility last Thursday when it plummeted by over three grand in a day […]

Bitcoin Price Barely Above 2017 All-Time High After Six Years, Inflation Adjusted

Bitcoin (BTC) is still worth $20,000 nearly six years after first reaching it — if adjusted for inflation. According to data from sources including U.S. Inflation Calculator, BTC price performance has de facto stayed static since 2017. This means that the current Bitcoin spot price — $26,050 — reflects six years of practically static BTC […]

Crypto Market Update: Ocean Protocol Could Double, CyberConnect Faces 5% Drop, Steem Price Predicted to Drop

Ocean Protocol (OCEAN) could double in price in the coming quarter, according to a bull flag setup. CyberConnect (CYBER) is exhibiting bearish cues and could drop 5% in the near future. Steem (STEEM) trading volumes have surged, but the prognosis is bearish and could drop 5% in the coming session.Ocean Protocol’s token traded at $0.3 […]

Airwallex Partners with YEEID and American Express to Expand Fintech and Payments Ecosystem

Airwallex, a Ripple collaborator, has made a groundbreaking expansion into the fintech and payments ecosystem with a partnership with YEEID. As part of the plans to continue expanding, it recently announced another partnership with American Express. YEEId has sought to enable businesses of all sizes to incorporate its payment acceptance technology. The company was co-founded […]

SIM Swap Attacks Cause Alarming Crypto Losses

SIM swap attacks have become a major concern in the cryptocurrency landscape, causing losses that have surpassed an alarming rate in the last few months. These attacks specifically target individuals believed to have significant cryptocurrency holdings, and have led to a theft of $72 million in 2022. In May 2023, Blockchain Capital’s Founder, Bart Stephens, […]

Bitcoin Halving: Miners Can Hedge Risk with Hash Rate Derivatives, Says Luxor’s Dan Rosen

On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United States-based Bitcoin mining pool, research hub and service provider. The show discussed the upcoming Bitcoin halving and its potential impact on BTC price, Bitcoin’s volatility, and miners’ ability to hedge their operations […]

Chainlink Price Drops 4% Amid Crypto Market Correction

Chainlink (LINK) price has dropped 4% on Aug 24, following a broader crypto market correction. The drop appears to be influenced by macroeconomic catalysts, such as Jerome Powell’s economic outlook at the annual Jackson Hole symposium and the Federal Reserve Bank of Boston President Susan Collins’s signal of more rate hikes.From a fractal standpoint, Chainlink’s […]