Crypto News
ARK Invest Raises 2030 Bitcoin Price Target to as High as $2.4M in Bullish Scenario
ARK Invest raised its decade-end bitcoin (BTC) price target to as high as $2.4 million apiece after revising its assumptions on active supply, which excludes lost or long-held coins. The largest cryptocurrency by market value was recently trading around $94,000.The bull-projection figure, 60% more than its January 2024 estimate, reflects a 72% compound annual growth rate (CAGR) from last December through the end of 2030. The base case estimates a BTC price of $1.2 million — a 53% CAGR — while the bear case projects $500,000, equating to a 32% CAGR. David Puell, an analyst at the Cathie Wood-led investment company, used a model based on total addressable market and projected market penetration across several sectors. These include institutional investment,...
Solana-Based Helium Strikes Deal to Serve AT&T Customers in the US
Helium, a Solana-based, community-led distributed network, will now serve AT&T customers in the U.S., providing additional Wi-Fi coverage wherever a Helium hotspot is available. Previously, the company partnered with carriers such as Telefónica in Mexico, rolling out hundreds of connection sites. Helium Brings Increased Coverage to AT&T Users in the U.S. Decentralized Physical Infrastructure NetworksSource link
Stacks’ STX Is Week’s Best Performer as Bitgo Link Seen Boosting Institutional Use
STX, the native token of Bitcoin layer-2 protocol Stacks, has surged 56% in seven days to become the week's best-performing of the 100 biggest cryptocurrencies amid hopes for institutional adoption.The token hit a two-month high of 92 cents on Friday after gaining more than 21% in the past 24 hours to become the day's biggest advancer, according to CoinDesk data. Stacks is the world's leading layer 2 for running smart contracts and decentralized applications on the Bitcoin blockchain. On Tuesday, BitGo, the digital asset custody and infrastructure provider and a backer of the wrapped bitcoin (WBTC) token, opened the door for its customers explore yield-generating opportunities on Stacks by integrating sBTC, a synthetic derivative that represents bitcoin (BTC) in...
Philippine Blockchain Week 2025 and Its Mission to Debunk Crypto Myths and Spotlight Real-World Innovation
This content is provided by a sponsor. PRESS RELEASE. Manila, Philippines – The global conversation around blockchain and cryptocurrencies continues to evolve. An industry challenged by myths and misconceptions, Philippine Blockchain Week (PBW) 2025 hacks the discourse on blockchain, AI, and cybersecurity in an engaging and intensive week-long event from June 10 to 11, 2025,Source link
North Korean Hackers Targeting Crypto Developers With U.S. Shell Firms
North Korean hackers posing as American tech entrepreneurs quietly registered companies in New York and New Mexico as part of a campaign to compromise developers in the crypto industry, security firm Silent Push said Thursday.Two businesses, Blocknovas and Softglide, were created using fictitious identities and addresses. The operation is tied to a subgroup within the Lazarus Group.The North Korean-backed hacking unit has stolen billions worth of crypto in the past years using sophisticated techniques and strategies that target unsuspecting individuals or companies.“This is a rare example of North Korean hackers actually managing to set up legal corporate entities in the US in order to create corporate fronts used to attack unsuspecting job applicants,” said Kasey Best, director of threat intelligence...