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ForkLog 28 20.11.2024

AI Tokens ai16z and eliza Plummet Amidst Controversy

The ai16z project has come under scrutiny following confusion surrounding the true meme coin ELIZA. Its token has dropped by 27% over the past day and 65% from its peak of $0.55 recorded on November 18. Price chart of ai16z. Data: CoinGecko. ai16z is an AI project not affiliated with the renowned venture capital firm […]

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ForkLog 10 20.11.2024

CryptoQuant Identifies Five Indicators Signaling Bitcoin Rally’s End

CryptoQuant has identified five key indicators that warn of a local peak formation, with only one currently signaling a bearish trend. Bitcoin Hits ATH: Is It Time to Sell or Hold? MVRV > 3.7 has historically marked market tops. Explore these 4 additional key metrics to better understand market timing and make more informed decisions. […]

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ForkLog 7 20.11.2024

Trump’s Team Expands List of Candidates for SEC Chair

According to numerous news reports, a list of candidates has emerged for the position of chairman of the SEC under Donald Trump’s future administration. As reported by CoinDesk, another candidate is Teresa Goody Guillen, a partner at the law firm BakerHostetler. Other candidates under consideration include: Robert Stebbins, partner at Willkie Farr & Gallagher LLP; […]

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ForkLog 5 20.11.2024

Bitcoin Nears Record High of $94,000 Amid BTC-ETF Options Launch

On the evening of November 19, the price of the leading cryptocurrency reached a new all-time high, surpassing $93,900. The excitement surrounding the launch of options trading on BlackRock’s spot Bitcoin ETF may have been the catalyst. Hourly chart of BTC/USDT on Binance. Data: TradingView. At the time of writing, the asset is trading at $92,400. […]

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ForkLog 5 19.11.2024

MicroStrategy to Raise $1.75 Billion for Bitcoin Acquisition

MicroStrategy plans to issue five-year senior convertible bonds worth $1.75 billion. The funds will be used for acquiring digital gold and general corporate purposes. MicroStrategy Announces Proposed Private Offering of $1.75B of Convertible Senior Notes. $MSTR https://t.co/dBJMUvfjj1 — Michael Saylor⚡️ (@saylor) November 18, 2024 The interest rate on the securities will be 0%. They will […]

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ForkLog 8 18.11.2024

Bernstein Identifies Catalysts for Bitcoin’s Rise to $200,000

Analysts at Bernstein have identified key catalysts that could propel Bitcoin to a target level of $200,000 by 2025, according to The Block. Experts highlighted the significant roles of the SEC chairman and the Treasury Secretary in Donald Trump’s new administration after January 20. According to Polymarket, Howard Lutnick, CEO of Cantor Fitzgerald, is the […]

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ForkLog 19 18.11.2024

AI in Warfare: Experts Weigh In on Military Applications

The U.S. Department of Defense is swiftly integrating advanced AI technologies without the need for in-house development, thanks to partnerships with the private sector. This is reported by Decrypt, citing expert opinions. “As with many other technologies, the commercial market always moves and integrates faster than the government,” commented retired Rear Admiral Chris Becker of […]

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ForkLog 5 18.11.2024

CryptoQuant CEO Raises Bitcoin Forecast to $135,000

Based on the cumulative capital inflow into the bitcoin market, the target price for the digital asset in the current cycle is set at $135,000. This conclusion was reached by Ki Young Ju, founder and CEO of CryptoQuant. Source: X. Thus, the expert adjusted his February forecast for the first cryptocurrency’s price based on realized […]

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ForkLog 30 15.11.2024

Traditional Finance to Propel RWA Market Growth, Says Expert; Tether Joins the Fray

Traditional financial institutions are poised to be the primary drivers of growth in the asset tokenization market, according to Jesse Knutson, COO of Bitfinex Securities, in an interview with Cointelegraph. “[Currently] it is the more agile institutions, like family offices, that can move quickly. I believe they will have a significant impact in these early […]

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ForkLog 3 15.11.2024

Bitcoin Faces Correction Risks Amid High Leverage, Warns Expert

The distribution of implied volatility in the bitcoin options market suggests a high probability of trading at lower levels, according to experts from Blofin, as reported by CoinDesk. “Traders have reached an implicit consensus that prices for the leading cryptocurrency and altcoins are still high, and a pullback is possible,” commented the specialists. Blofin noted […]

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ForkLog 11 13.11.2024

Vitalik Buterin on Ethereum’s Future: Decentralisation, Anti-Censorship, Solo Staking, and L2

Ethereum co-founder Vitalik Buterin spoke at the Devcon 2024 conference in Bangkok, Thailand, where he discussed the development and prospects of the world’s second-largest cryptocurrency by market capitalisation. Buterin began his speech by noting the regular development of Ethereum since 2015. He pointed out that if one were to return to 2015, the community would […]

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ForkLog 4 13.11.2024

Bitcoin’s Path to $100,000: Expert Predictions

Since the beginning of the month, the leading cryptocurrency has shown a rapid ascent, nearing the $90,000 mark on November 12. Are there enough market incentives for Bitcoin to reach the psychological threshold of $100,000 in the coming days, and what obstacles might it face? ForkLog sought insights from experts. What Are the Conditions? Trader […]

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