opinion

Eddy Lazzarin, chief technology officer at US venture capital firm Andresson Horowitz, has likened the current meme coin craze to a “dangerous casino,” according to blockchain news outlet Cointelegraph. “Memecoin looks like a risky casino at best,” Lazzarin said, criticizing it as a distraction from the long-term vision of cryptocurrency.

“Bitcoin (BTC) is the most beautiful currency in the world,” said Paolo Ardoino, CEO of Tether (USDT), the world's largest dollar-pegged stablecoin issuer. Ardoino, who is also CTO of Bitfinex, made the remarks during an interview with CryptoPotato at the recent Token 2024 Dubai conference, where he discussed

“The crypto market has survived the halving and the US tax deadline, and the bull run is here to stay,” Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, wrote on his blog. “2024 is an important year for many countries with presidential elections. In the U.S., government spending is

"Bitcoin's on-chain metrics post-halving have been decidedly positive," Bitfinex said in its weekly analyst report, Bitfinex Alpha. The latest data shows that the average daily Bitcoin deposited by miners into spot exchanges last month was around 374 BTC, down from 1,300 BTC in February. This

Crypto analyst and trader Ali Martinez writes via X, "Bitcoin support is currently targeting $66,000. 1.54 million addresses bought $747,000 worth of Bitcoin at that price level. The next major resistance level is in the $69,900-$71,200 range."

According to CryptoGlobe, crypto analyst Bluntz Capital, who is known for predicting the bottom of the 2018 bear market, predicted that BTC will break the all-time high within a week or two based on Elliott Wave Theory, and predicted a new cycle high of $120,000.