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.