Bitcoin’s Potential Breakout: Is a Big Price Jump Coming?
Bitcoin’s price has been pretty flat lately, stuck in a trading range. While it briefly…
Binance Adds New Privacy Coin to Launchpool
Binance is adding support for a new cryptocurrency focused on secure data storage. This new coin, called Nillion (NIL), will be available through Binance Launchpool. Launchpool Explained Binance Launchpool lets users stake their existing crypto to earn new tokens. This time, users can stake BNB (Binance’s coin), FDUSD, and USDC to get NIL. What is…
Bitcoin Giant to Buy More Bitcoin After Stock Sale
MicroStrategy, a major holder of Bitcoin, is planning to buy even more Bitcoin after a successful stock sale. A Big Stock Sale, Bigger Bitcoin Buys? The company recently sold $722.5 million worth of preferred stock. They’re planning to use this money, along with some extra cash, to boost their Bitcoin holdings. This follows a previous…
SEC Aims for Crypto Regulation Framework
The SEC is signaling a fresh start in its approach to regulating cryptocurrencies. Commissioner Hester Peirce, a known supporter of the crypto space, announced this shift. A New Approach to Crypto Peirce highlighted the recent formation of the SEC’s Crypto Task Force and its first roundtable event. She emphasized that this task force has energized…
Bitcoin’s Potential Breakout: Is a Big Price Jump Coming?
Bitcoin’s price has been pretty flat lately, stuck in a trading range. While it briefly hit $87,000, it quickly dropped back below $84,700. But there’s a potentially exciting development. A Bullish Pattern Emerges A cryptocurrency analyst, Mister Crypto, spotted a “falling wedge” pattern on Bitcoin’s price chart. This is a technical analysis pattern that often…
Bitcoin’s Blast Off: A Look at the M2 Connection
Could Bitcoin be about to explode? One analyst thinks so, pointing to a fascinating connection between Bitcoin’s price and the global M2 money supply. The M2 Guy’s Prediction “The M2 Guy,” a crypto analyst on X (formerly Twitter), has been closely tracking the relationship between Bitcoin’s price and the global M2 (a measure of the…
Is Altcoin Season Coming? Bitcoin Dominance Hints at a Peak
A crypto analyst, known as cryptododo7 on X, thinks we might be on the verge of an altcoin season. Their analysis focuses on Bitcoin dominance, which is the percentage of the total crypto market cap that Bitcoin holds. Bitcoin Dominance: The Key Indicator cryptododo7’s technical analysis of the Bitcoin dominance chart shows a potential bullish…
Are Bitcoin Whales About to Dump?
Bitcoin’s price has been pretty flat lately, hovering around $87,000. But some new data suggests this calm might be about to end. Whale Watching: A Big Deal for Bitcoin A cryptocurrency analyst, EgyHash, noticed something interesting: big Bitcoin players (whales) are sending more Bitcoin to exchanges. This isn’t just any increase; it’s the highest we’ve…
Shiba Inu Burn Rate Surges: A Temporary Spark or Lasting Flame?
Shiba Inu’s burn rate recently saw a significant jump. After a slow start to the week, the burn rate spiked by 33% in just 24 hours. This is according to data from Shibburn.com. But what does this actually mean? A Small but Noticeable Burn Over the past day, a total of 18,684,231 SHIB tokens were…
Nigeria’s Crypto Stance: Friendly but Firm
Nigeria is sending a mixed message on cryptocurrency: it’s pro-crypto, but also cracking down on Binance. Let’s break it down. Binance’s Troubles in Nigeria Nigeria has been battling with Binance, the world’s largest crypto exchange, since 2024. The government’s actions are framed as necessary to improve its regulatory framework and fight crime. Here’s a timeline…
Eminem’s Ex-Engineer Busted for Bitcoin Music Heist
A former sound engineer for Eminem is in hot water after allegedly stealing and selling unreleased Eminem tracks for Bitcoin. The Great Eminem Music Heist Joseph Strange, who worked for Eminem from 2007 to 2021, is accused of selling 25 unfinished songs to a Canadian buyer for around $50,000 worth of Bitcoin. Prosecutors say he…
