Analysis Crypto by Thebittimes.Com

Also Read: Terra Luna Classic Community Set To Burn 800 Million Tokens, LUNC And USTC To $1? advertisement In the recent months, the company’s pole position as the market leader in crypto investments has been challenged by the entry of the likes of Blackrock and Citadel, which are vying for approval to the spot Bitcoin ETF filings. If and when approved, the ETFs would impact a much larger market share compared to Microstrategy. Earlier, CoinGape reported that the company’s current holdings stand at 152,333 $BTC. What To Expect From Microstrategy Earnings Report Traders would be looking at the company’s earnings and forecast for revenue from the core business, which would directly translate to the amount of Bitcoin the company may purchase in the months ahead. Also, in his capacity as the executive chairman and a co-founder of MicroStrategy, Michael Saylor may also give out a statement on his forecast for BTC in near term. Overall, t...

Bullish OP price prediction ranges from $2.049 to $2.623. OP price might also reach $3.421 this 2023. OP’s bearish market price prediction for 2023 is $1.047. Optimism has played a vital role in Ethereum’s development as an L2 blockchain layer. The OP Mainnet is considered as a fast, stable, and scalable solution built by “Ethereum developers, for Ethereum developers.” This Layer 2 architecture allows users to easily scale their Ethereum app within the network. Moreover, Optimism’s unique Features and growth over time have caught the attention of potential investors towards OP. If you are also interested in Optimism’s native token’s price sentiment and its forecast for the years 2023, 2024, 2025, 2026, 2027, until 2050. Read Coin Edition’s price prediction for OP as we conduct a detailed Analysis of this altcoin. Table of contents What is Optimism (OP)? Latest Developments on Optimism Optimism (OP) Current Market Status Optimism (OP) Price Analysis ...

Also Read: LUNC News: Community Stays Positive Ahead of the Onboarding of Top Web3 Builders advertisement Popular crypto analyst CrediBull said that a build up of compression in the upside over the last three quarters signals a clear upside in a matter of few weeks. In the next wave, an impulse of above $10,000 may be registered for BTC, he predicted. Analyst Predicts Aggressive Impulse For Bitcoin Price The analyst said that considering the recent impulse from $24,000 to the $31,000, the next impulse could likely be aggressive, all the way up to $42,000. This is based on the third wave projection in the longer time frame, which is generally a multiple of 1.67 time the projection in the second wave that led to the recent impulse. “Recent waves of Bitcoin price deviations since November 2023 showed strong impulse to the upside and increasingly shallow retracements to the downside, which is a bullish sign. There could be a downfall at $27,900 before...

The total value locked in DeFi protocols remained below $50 billion after another week of exploits. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets were exploited for over $32 million, Era Lend was drained for $3.4 million, and the decentralized finance protocol Conic Finance was exploited for almost $3.5 million. In better news, the DeFi ecosystem was buzzing with development s in zero-knowledge- proof (ZK- proof ) scaling solutions as the layer-2 sector heats up despite the bear market. The exploits and bearish market condition took their toll on DeFi protocols, with the total value locked in DeFi protocols seeing a significant drop over the past week. Alphapo hot wallets hacked for over $31 million Crypto payme...

The funds will be used to aid the firm's global expansion across tough regulatory landscapes. Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new round brings HashPort’s total funding to 2 billion yen ($14.2 million).  According to the July 28 announcement, the funds will allow HashPort to consolidate business and secure a compliance management system and related personnel to navigate the sophisticated global regulatory environment for its expansion. The HashPort ecosystem includes its namesake blockchain-related consulting and system solution in Japan and HashPalette, a public chain specializing in nonfungible tokens (NFTs). The company is also scheduled to launch a metaverse game dubbed The Land Elf Crossing in the fourth quarter. In July 2021, HashPort’s Pal...