Van Eck reissues $180K Bitcoin price target for current market cycle

Tether’s USDT hegemony in the stablecoin market may shift as institutional investors chip into the crypto market.

Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.” Lee added that a close above

Fintech giant Revolut reported a record-breaking year, doubling its pre-tax profit to 1 billion British pounds ($1.3 billion) in 2024, driven by rapid customer growth and a resurgence in cryptocurrency trading. According to its annual report published on Thursday, April 24, Revolut’s profit soared from 438 million pounds in 2023, while revenue jumped to 3.1

According to the blockchain security firm, Aave’s Earning Farm was compromised by a reentrancy attack on Aug. 9. 319 Total views 2 Total shares Blockchain security firm PeckShield revealed fresh vulnerabilities targeting decentralized finance (DeFi) projects on Aug. 9. According to the firm, Aave’s Earning Farm has been compromised by a reentrancy attack, resulting in…

Bids and purchases are made unavailable to ensure that listings are protected until the migration completes. 452 Total views 27 Total shares The week-long period that OpenSea gave users to migrate their nonfungible token (NFT) listings ends today. Following the deadline, the platform announced that some features on the site may not be available temporarily…

Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto.

Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.

Cash App’s Bitcoin profits fell in the third quarter, but overall profits are still on the rise. 606 Total views 29 Total shares Jack Dorsey’s payments company Square Inc. revealed in its Q3 earnings report that mobile payments app Cash App saw a 23% drop in quarterly profits generated by Bitcoin.But Bitcoin profits and revenue…

The price of Bitcoin (BTC) has dropped right before and after the two previous block-reward halving events in 2012 and 2016. BTC is demonstrating a similar trend approaching the May 2020 halving.A theory has emerged that miners tend to sell before the halving to accumulate enough Bitcoin to finance their operations for many months after…