Michael Novogratz, CEO and founder of Galaxy Digital, in an appearance on Bloomberg TV, predicted that Bitcoin (BTC) will reach the $500,000 mark in the next five years. Novogratz’s surprising projection comes despite the current price action of BTC. He added that Bitcoin will trade in the range of $30,000 to $50,000 this year.
YouHodler, a FinTech platform focused on crypto-backed lending, stablecoin loans, crypto exchange, crypto savings accounts, and crypto trading announced the listing of several new Metaverse tokens on the platform. For all clients on YouHodler, Decentraland (MANA), The SandBox (SAND), Axie Infinity (AXS), Illuvium (ILV) and Gala (GALA) are available immediately. All coins are available for exchange (buy/sell), trading, lending, and savings account features. For a limited time, YouHodler will feature promotion interest rates of 25% – 30% APR for these...
On Wednesday (March 16), financial services giant HSBC and Ethereum-powered play-to-earn (P2E) game The Sandbox announced “a new partnership that will open up a host of opportunities for virtual communities across the world to engage with global financial services providers and sports communities in The Sandbox metaverse.”
The world’s first digital AR festival, WOW (World of Web3) Summit, is held from 12th March to 18th March in Dubai, United Arab Emirates. The WOW Summit is the biggest Web3 technology event in the GCC, and will connect global NFT and DeFi leaders with international businesses, authorities, government, tech visionaries, investors, and developers. The WOW Summit will hold a series of events which includes a ‘Business Expo,’ ‘NFT Gallery,’ and the ‘Metafest,’ a multi-dimensional, immersive, and fun performance. The...
A long-wicks Doji candle displayed high volatility within the HBAR price charts on Monday. The altcoin retesting the neckline support of the descending triangle pattern teases a bearish breakdown. A successful fallout will slump the altcoin by 16%, reaching the $0.22 support.
Owen Lau, an equity researcher at Oppenheimer, has estimated that the Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) could have “hidden value” in its Coinbase Ventures unit. In a note sent to clients reported on by CoinDesk, the research analyst estimated that Coinbase’s Ventures portfolio may be worth up...
Sandbox price is fast approaching a vital support zone that is likely to absorb the incoming selling pressure and kick-start a bull rally. The bullish perspective for SAND is backed by on-chain metrics, suggesting a similar outlook.
Bitcoin prices continue to consolidate this week, compressing into an increasingly tight area below the $40k mark. Long-term holders seem to run out of patience as accumulation trends softened in the short term despite extremely constructive long-term demand trends.
ADA price trades with modest gains for the second straight day. The price is relying on the vital support level as the market is in extremely oversold conditions. ADA price might be preparing for a bullish impulse on a smaller time frame. Cardano (ADA) price continues to trade range-bound. A daily close above 50-day EMA at $0.82 will print more gains. RSI bullish divergence on the 4-hour chart supports the short-term bullish outlook.
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