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Daily Crypto News- Ethereum to $8k May Be Far-Fetched, but Here’s Why It’s Very Possible

Bitcoin bulls target $50K as Friday’s $655M BTC options expiry approaches

$655 million in BTC options expire on Sept. 3, and data suggests bulls may be motivated to break the $50,000 resistance prior to the expiry. Bitcoin (BTC) failed to break the critical $50,000 psychological barrier on Aug. 23 and has since then retested the $47,000 support.

Cryptocurrency Can Help Save Afghanistan, Says Ethereum, Cardano Co-Founder

Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, believes crypto is poised to “play a larger role in Afghanistan.” Cardano’s founder, Charles Hoskinson, today said in an interview that crypto will help Afghanistan’s citizens. Hoskinson, who also co-founded Ethereum, didn’t explain how but noted that crypto was already “in Afghanistan.”

Ethereum to $8k may be far-fetched, but here’s why it’s very possible

Ethereum’s price has seen a series of outrageous pumps over fairly short durations in the past. Between mid-November and mid-January, for instance, the alt’s value managed to appreciate by over 250% from $400 to over $1400. Ethereum to $8k may be far-fetched, but here’s why it’s very possible. A hike of a similar magnitude at this stage would see Ethereum(ETH) trading at around $8750.

Expanding ecosystem and LedgerX acquisition send FTX Token (FTT) to a new ATH

FTT price soared to a new all-time high after the FTX exchange added LedgerX to its ever-expanding list of acquisitions and partnerships. Real-world adoption and brand awareness are one of the best ways for a blockchain project to increase its value and attract new users to its ecosystem.

Dogecoin Foundation warns of “Dogecoin 2.0” crypto project

The Dogecoin Foundation has issued a warning to investors over “Dogecoin 2.0,” which they say has no affiliation with them. “The Dogecoin Foundation welcomes newcomers to the crypto space but this project has no connection to or relationship with Dogecoin,” it said.

Daily Crypto News- Polkdot Could be the next altcoin to hit a new all time high

Dai vs. Traditional Fiat: Examining the Advantages and Disadvantages

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The cryptocurrency market is fast-paced and ever-changing. With new projects launching, regulations shifting, and prices fluctuating daily, it's essential for crypto investors to stay up-to-date on the latest developments. However, ...
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Top 5 Best Memecoins in 2023

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Momentum Trading in Cryptocurrencies: Riding the Price Trends to Profit in 2023

In the ever-evolving world of cryptocurrencies, momentum trading has emerged as a prominent strategy for savvy investors seeking to capitalize on price trends. With the volatile nature of digital assets, ...
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Australian crypto exchange launches learning scheme

There has barely been a day over the past year or so when crypto has been out of the news in Australia. It all began with the sudden collapse of ...
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