The German government recently sold off all of its 50,000 Bitcoins, causing a stir in the crypto world. But what if they had held on? Missed Opportunity: The Cost of Selling Early The government sold its Bitcoin at an average price of around $57,000. Since then, Bitcoin has rallied, and now sits at around $65,400….
Ethereum ETFs are coming, and some experts believe they could send the price of ETH soaring. Matt Hougan, Chief Investment Officer of Bitwise, a crypto asset manager, is predicting that the launch of spot Ethereum ETFs will push ETH to record highs, potentially even surpassing $5,000. Why is Hougan so bullish on Ethereum ETFs? He…
Cryptocurrency analytics platform Santiment is seeing some exciting activity in the market, with several coins showing signs of growth. Ethereum-Based Coins Showing Strength Render (RNDR), a blockchain for GPU rendering, Aave (AAVE), a money market protocol, and Maker (MKR), a decentralized finance protocol, are all seeing increased network activity. This is a good sign, as…
Larry Fink, the big boss at BlackRock, a huge investment company, has changed his tune on Bitcoin. He used to be skeptical, but now he thinks it’s a real deal. Bitcoin is a “Legitimate Financial Instrument” Fink says Bitcoin is a legitimate way to invest, and it can give you returns that don’t move in…
Get ready for a big week in the crypto world! The US Securities and Exchange Commission (SEC) is expected to approve several Ethereum (ETH) exchange-traded funds (ETFs) next week. Big Names, Big Approval According to reports, the SEC has given the thumbs-up to applications from financial giants BlackRock, VanEck, and Franklin Templeton. These ETFs could…
A popular crypto analyst, Kevin Svenson, believes Bitcoin (BTC) is on the verge of a massive price surge, similar to the parabolic run it experienced in 2017. Deja Vu: Bitcoin’s Past and Present Svenson points out that Bitcoin’s price action in 2017 featured three distinct parabolic phases before the bull market ended. He sees a…
A Japanese company, Metaplanet, is making waves in the crypto world by consistently adding to its Bitcoin stash. They’ve just bought another 21.88 Bitcoin, bringing their total holdings to a whopping 225.6 Bitcoin! A Steady Bitcoin Strategy Metaplanet has been on a Bitcoin buying spree since earlier this year. They even have a policy in…
For years, the identity of Bitcoin’s creator, Satoshi Nakamoto, has been a mystery. One man, Craig Wright, claimed to be the elusive figure, but his claims have been shattered. Wright’s Lies Uncovered A British court has officially ruled that Craig Wright is not Satoshi Nakamoto. The court found that Wright lied repeatedly about being the…
Charles Hoskinson, the founder of Cardano, has offered to help Elon Musk tackle the growing issue of account hacks and scam bots on X (formerly Twitter). A Decentralized Solution? Hoskinson believes that integrating Decentralized Identifiers (DIDs) into X’s platform could solve these problems. DIDs are a way of verifying identities online, and they’re supported by…
After a rough couple of months, Bitcoin is finally making a comeback! Prices are climbing back above $62,000, leaving the recent slump in the dust. Bitcoin Shakes Off the Blues One analyst says Bitcoin is turning a corner, citing positive on-chain data. They believe we could see even more gains in the coming weeks or…
