Prominent Ethereum devs say significantly raising gas limits will increase network capacity and innovation, but others say too big of an increase would pose serious risks to stability and security. Source link
Day: December 16, 2024
XRP Price Targets $3.34 After Corrective Downtrend Within Descending Channel
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including…
How high can Bitcoin price go?
Bitcoin‘s surge past $106,000 for the first time in history prompts predictions for a further rally toward $120,00 and beyond. Source link
Why is the crypto market up today?
The crypto market is up today as investors view spot ETF inflows and the possibility of a strategic Bitcoin reserve in the US as positive catalysts for bullish market momentum. Source link
Bitcoin to gold ratio posts new record as BTC sets new high
The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the Bitcoin price peaked above $106,000 on Dec. 16. Source link
BTC price 'base case' now $140K: 5 Things to know in Bitcoin this week
Bitcoin sees a fresh wave of short-term bullishness as BTC price discovery returns in time for Christmas. Source link
Australia chases AI industry growth via new national capability plan
Australia’s peak body representing the communication and technology industry says the government should speed up the review process deadline to July 2025. Source link
Solana (SOL) Faces Headwinds: Can Bulls Revive Momentum?
Solana remained stable above the $215 level. SOL price is now recovering losses and facing hurdles near the $228 and $332 levels. SOL price started a fresh increase after it tested the $215 zone against the US Dollar. The price is now trading below $225 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $222 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $228…
Ripple CTO advises against FOMO amid expected price spikes for RLUSD at launch
Key Takeaways Ripple CTO cautions against FOMO during RLUSD stablecoin launch price spikes. RLUSD is pegged to the US dollar and competes with USDT and USDC. Share this article As Ripple’s RLUSD stablecoin launches, there could be early supply shortages that might lead to temporary price surges, with some buyers potentially willing to pay over the $1 target. David Schwartz, Ripple’s CTO, advises against making purchases out of FOMO, stressing that this is not an investment opportunity. The warning came after a crypto community member spotted RLUSD displaying at $1,200…
XRP Price Holds Steady: What’s Next After Consolidation?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…