In a recent interview, Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, shared his predictions for the future prices of Bitcoin and Cardano. However, upon careful analysis of his statements, it becomes clear that there are certain flaws in his reasoning and assumptions. This article aims to critically evaluate Dunleavy’s predictions and
In the past 24 hours, the AI crypto project Bittensor token has experienced a significant drop of -17%, leaving TAO holders in a state of panic. The question on everyone’s minds is whether Bittensor is going to crash. To uncover the truth behind this price movement, let’s delve into a detailed analysis of TAO’s current
Cardano’s price has been experiencing fluctuations, starting off Tuesday at $0.50 and hovering within the convergence zone between two 60-day trend lines. Key support is currently observed at $0.50. Interestingly, ADA tokens have been displaying some fascinating market signals. The Ethereum competitor and blue-chip cryptocurrency show signs of a falling wedge pattern and a surge
Bitcoin (BTC) has once again defied the bearish whispers and burst back to life, soaring past the $44,000 mark and reaching a four-week high. This impressive bullish charge can be attributed to a combination of factors that have reignited investor interest in the top cryptocurrency. From a resurgence in accumulation by major investors to record-breaking
The Bank for International Settlements (BIS) has recently released a comprehensive report that raises concerns about the future of the metaverse and the potential dominance of private corporations within this emerging digital ecosystem. The report highlights the need for strategic oversight, equitable access, data privacy, and consumer protections to ensure the metaverse’s promise of revolutionizing
The gaming industry is abuzz with excitement as Space Nation, a Los Angeles-based video game developer, prepares to launch its highly anticipated MMO game, Space Nation Online. The game promises to revolutionize the genre through its innovative use of generative AI and Web3 elements. Founded by Jerome Wu and Tony Tang, both industry veterans, Space
The journey toward the establishment of spot Ethereum exchange-traded funds (ETFs) has seen an interesting development with Ark Invest and 21Shares recently amending their joint application in a Feb. 7 S-1 filing. This article explores the implications of this amendment and delves into various factors that may impact the approval process of spot Ethereum ETFs.
While the blue-chip cryptocurrency markets are experiencing positive movement during the US trading session, investors seeking faster gains are shifting their focus towards the top crypto gainers on DEXTools. Bitcoin (BTC) has recently reached new one-week highs, surpassing the $43,600 mark, and is poised to break the resistance at $44,000. Simultaneously, Ether (ETH) has surged
Ethereum (ETH) has achieved a significant milestone in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This accomplishment marks a crucial step towards deploying the upgrade on the mainnet and signals Ethereum’s progress in improving transaction efficiency, scalability, and reducing transaction fees by up to 90%. The
Cardano (ADA) has been facing a stagnant price period lately, but don’t be fooled by this quiet exterior. Behind the scenes, the Cardano blockchain is experiencing an explosion of activity. Transaction volumes and wallet addresses are on the rise, signaling the growing interest and adoption of this network. In this article, we will explore the