2024 Crypto Cliffhanger: VC Firm Co-Founder Warns of Bitcoin, Ethereum Collapse
In a recent post, investor Chris Burniske expressed the belief that a bottom is looming for the top cryptocurrencies. Burniske predicts that Bitcoin and Ethereum could dip as low as $20,000 and $1,000, respectively, with top altcoins, except Solana (SOL), hitting new lows. Notably, BTC retraced from $28,000 to slightly above $27,600, with ETH seeing a similar decline in the past few days. Crypto Analysts Predicts Market Bottom Ahead Of Bull Run According to the founder of Placeholder Capital, Chris Burniske, a bull market will likely begin soon. However, the analyst believes the upcoming....
Related News
We sat down recently with Rune Christensen, the founder of MakerDAO, to discuss The DAO’s collapse and the implications it will have for Ethereum and Cryptocurrency moving forward after the soft fork. He expresses doubts at the notion that the Ethereum community holds any obligation to The DAO and other interesting viewpoints from security to hard-fork consensus. Rune Has Faith in Ethereum, Not The DAO. So Rune, Can you give Us a little bit of background on Yourself, On Maker, and the Situation The DAO’s Collapse has put Maker in? “I’m the founder of Maker, which is an ethereum based DAO....
Discussing the latest macroeconomic developments and how they relate to Bitcoin, including an IMF warning of imminent collapse.
FTX exchange founder Sam Bankman-Fried has the wherewithal to make things happen. Obviously, being a crypto billionaire gives him that kind of luxury. When the United States elects its next president in 2024, the FTX CEO will have had a significant impact on the political landscape of the country. The crypto multibillionaire has already set […]
Crypto investors and platforms are facing a growing threat as the value of crypto hacks has nearly doubled in the first seven months of 2024, reaching a staggering $1.6 billion, according to a new report from blockchain analytics firm Chainalysis. Crypto Theft Skyrockets In 2024 While the monetary value of stolen funds has skyrocketed, the […]
India’s central bank, the Reserve Bank of India (RBI), has warned about investing in the crypto market following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). “We have been cautioning against crypto and look at what has happened to the crypto market now,” said Governor Shaktikanta Das. RBI’s....