This Altcoin Will Be the ‘Google’ of Crypto, According to SkyBridge Capital Founder Anthony Scaramucci

The crypto analyst who predicted Bitcoin (BTC) would crash this year is revealing what he thinks will be the bottom price for the benchmark cryptocurrency. The pseudonymous crypto trader Capo tells his 319,300 Twitter followers he expects Bitcoin to plunge further as the crypto asset drops below the key support level.

The founder and CEO of crypto exchange FTX says he is willing to give at least $100 million to the right candidate in the next US Presidential election. In a new interview on the What’s Your Problem podcast, Sam Bankman-Fried says that he could spend a lot of money in the 2024 election cycle depending on who runs for president.

Coinbase CEO Brian Armstrong says he feels optimistic about the crypto regulatory landscape in the United States. While speaking at a Milken Institute conference earlier this month, Armstrong acknowledged there could be more crypto regulatory clarity overall, though he still thinks the US is headed in the right direction. “I...

CNBC is reporting the world’s third-largest cryptocurrency exchange by volume, FTX, is targeting stock trading startups for acquisition. According to CNBC sources, FTX has approached at least three stock trading startups with a view of acquiring them. The report says the talks are at an early stage and no...

A popular crypto trader says only a miracle can change the trajectory of the two largest crypto assets by market cap. In the latest TechnicalRoundup newsletter, pseudonymous crypto analyst Cred says Bitcoin (BTC) needs an “imminent and strong rally” to maintain the support zone that has been held since June of 2021.

Blockchain analytics firm Santiment reveals that whales holding between 1 million and 10 million XRP are stocking up on the sixth-largest cryptocurrency by market capitalization amid the current volatility of the digital assets market. According to Santiment, the richest non-exchange XRP wallets increased their collective holdings by 2.4% in just...

Coinbase Wallet customers can now trade crypto assets on two new leading crypto networks. The self-custody wallet rolled out swaps for BNB Chain (BNB), formerly Binance Smart Chain, and Avalanche (AVAX) this week, adding to its existing support for Ethereum (ETH) and Polygon (MATIC). Coinbase Wallet says customers can swap...

A closely tracked trader is naming one altcoin that he says can come out as the big winner following the crumbling of Terra (LUNA) and its algorithmic stablecoin TerraUSD (UST). Pseudonymous trader Light tells his 160,600 Twitter followers that Tron (TRX) and its algorithmic stablecoin Decentralized USD (USDD) are poised...

Singapore-based digital asset exchange Crypto.com is following in the footsteps of other top exchanges and listing a new Ethereum (ETH)-based altcoin focused on developing the Web3 space. Crypto.com recently rolled out support for Project Galaxy (GAL), which bills itself as the largest Web3 credential data network in the world. The...

Widely followed crypto analyst Michaël van de Poppe says a breakout is coming relatively soon for Bitcoin (BTC). The crypto trader tells his 604,900 Twitter followers BTC is on the verge of a rebound and that two fundamental analysis (FA) factors will likely trigger it. “Breakout is coming relatively...

A Silicon Valley-based investment firm is launching a massive $4.5 billion digital assets fund as crypto markets continue to see widespread stagnation. According to a new letter penned by Andreessen Horowitz general partner Chris Dixon, the venture capital giant is launching the latest fund because the world is entering into the “golden era” of Web 3.0 development.

Video sharing giant YouTube says its planning to integrate non-fungible tokens (NFTs) into its business model. In a new interview with BlockWorks, YouTube CEO Susan Wojcicki says NFTs would make it easier to identify which creator made a video, and it would add another way for content creators to monetize their work.

Venture capital investor Tim Draper is reasserting his prediction that the price of Bitcoin (BTC) will break well into the six figures over the coming months. Draper says in a new interview that “by the end of this year or early next year,” Bitcoin will hit a price of $250,000.

The firm behind Tether (USDT) is adding another fiat currency-pegged token to its stable of international stablecoins. According to a new press release, Tether Limited, the Hong Kong-based company behind the largest stablecoin by market cap, has started issuing MXNT, a new token pegged 1:1 to the Mexican Peso. Citing...

Recently, Paul-Willem van Gerwen, head of capital markets and transparency supervision at the Dutch Authority for Financial Markets discussed the risks of cryptocurrency derivative trading, arguing that such transactions should be limited to the wholesale market. Van Gerwen argued that those risks – including the tendency for market manipulation and...

A popular crypto analyst says altcoin bulls could be taking on huge amounts of risk as Bitcoin (BTC) continues to weigh down the market. In a new video, Jason Pizzino tells his 267,000 subscribers that current market conditions may not be favorable for long entries or trying to dollar-cost average (DCA).

The number of tokens created on EVM networks decreased by 44% on average in April, compared to March. The average number of daily transactions on the Ethereum network decreased by 3.5% in April, compared to March. The average ETH gas price rose by 14.4% in April, compared to March. From...

A popular crypto analyst is predicting more price drops for the already volatile altcoin markets. The pseudonymous crypto trader Capo tells his 318,700 Twitter followers he expects the prices of altcoins to fall in the coming days. “Everything points to another 40-50% drop in altcoins over the next few days.

Republican Senator Pat Toomey of Pennsylvania says that investors of Ethereum challenger Terra (LUNA) and its algorithmic stablecoin TerraUSD (UST) may have been defrauded after both of the crypto projects collapsed earlier this month. In a new interview with Barron’s, Toomey says that the underlying mechanism designed to keep TerraUSD...

Cathie Wood’s ARK Invest is once again seeking to provide the first spot-based Bitcoin (BTC) exchange-traded fund (ETF) in the US after its previous bid was denied. In a new filing with the U.S. Securities and Exchange Commission (SEC), ARK seeks a rule change that would allow the ARK 21Shares Bitcoin ETF to trade on the Chicago Board Options Exchange (CBOE) BZX Exchange.