ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 prediction for the second year running.

ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 prediction for the second year running.
Total transactions on the Ethereum network outstripped Bitcoin more than four-fold, but Bitcoin was still the most searched cryptocurrency of 2022.
Total transactions on the Ethereum network outstripped Bitcoin more than four-fold, but Bitcoin was still the most searched cryptocurrency of 2022.
The industry is likely to see “further attempts from hackers targeting bridges in 2023," while users are urged to be warier of their private keys.
Turmoil in the crypto sector in 2022 will see the tech change hands to "more regulated and established institutions," said Circle's chief strategy officer.
Turmoil in the crypto sector in 2022 will see the tech change hands to "more regulated and established institutions," said Circle's chief strategy officer.
The rapidly evolving cryptocurrency ecosystem is entering a new phase in 2023, with incoming regulations in the U.S. and European Union.
Want to keep the government from snooping on your transactional history? Start studying the forensics of crime and privacy on the blockchain.
Having been granted the opportunity to enjoy Christmas and the New Year with his family, former FTX CEO Sam Bankman-Fried has very few reasons for optimism in 2023.
All members of Congress are already required to report most investments in stocks and cryptocurrency, but many have pointed to potential conflicts of interest.
The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.
The S&P 500 index (SPX) fell 19.4% and the Nasdaq nosedived 33.1% in 2022, recording the worst performance since 2008. The crypto markets also had a horrendous year with Bitcoin (BTC) falling roughly 65% in 2022. In comparison, the United States dollar, which is perceived to be a safe haven, rallied nearly 9%, its best year since 2015.
There are several green shoots visible for the cryptocurrency sector for 2023. The U.S. dollar index (DXY), which usually moves in inverse correlation with Bitcoin may have topped out. This increases the likelihood that select cryptocurrencies may be close to forming a bottom.
Daily cryptocurrency market performance. Source: Coin360Several traders miss buying at lower levels because they attempt to catch the bottom. Instead, long-term investors who believe in the crypto story may consider building a portfolio or adding positions in batches. Thus, they will have some skin in the game and not repent when the next bull move begins.
Could the U.S. dollar index continue its correction and will that benefit risky assets? Let’s study the charts to find out.
The bears tried to extend the correction last week but the bulls managed to defend the 3,764 level. This indicates that the bulls are trying to form a higher low in the S&P 500 index.

The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023.
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023.
The Ethereum Name Service rounded off 2022 with over 2.2 million ENS domains registered, helped in part by integrations with exchanges and industry participants.
Recent research from major financial institutions tied to the Federal Reserve sees the U.S. facing a “shallow” or “mild” recession in 2023.
Shortly after the Turkish central bank completed the first CBDC tests, Türkiye announced a blockchain-based digital identity application.
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The Dogecoin Foundation announced a new fund for Dogecoin Core developers to promote the Dogecoin ecosystem further in the new year.
On Dec. 31, the foundation stated that it is allocating 5 million Dogecoin (DOGE), which is around $360,000 at the time of writing, to the new fund to support the development of the Dogecoin platform.
The Dogecoin Foundation allocated 5 million DOGE, which is around $360,000 at the time of writing, to the development of the ecosystem.
