Bitcoin’s current bull market could keep running for another year, according to Ki Young Ju, CEO of blockchain analytics platform CryptoQuant. He’s basing this prediction on the realized price of Bitcoin held in accumulation addresses. What’s the deal with realized price? It’s basically the average price of all Bitcoins in circulation, calculated based on the…
A long-lost Ethereum investor has finally woken up after nine years of inactivity, moving millions of dollars worth of ETH. The Big Sleep and the Big Move This “whale” participated in Ethereum’s initial coin offering (ICO) back in 2014, receiving 2,000 ETH. That’s worth about $6.7 million today! Recently, they moved over half of their…
Russia is making a big change: they’re getting ready to allow people to use cryptocurrencies for international payments. This is a big deal because Russia is facing a lot of international sanctions right now, making it hard for businesses to operate and make money. Why the Change? The Russian government sees crypto as a way…
Vice President Kamala Harris is facing criticism from the crypto community for potentially choosing a running mate who is known for his anti-crypto stance. Harris’s Potential Choice: Gary Peters Rumors are swirling that Harris is considering Michigan lawmaker Gary Peters as her running mate for the 2024 election. This has caused alarm bells to ring…
Mt. Gox’s Shadow Lifted Bitcoin has been on a rollercoaster ride lately. After a big drop, it bounced back, gaining almost 30% in just a few days. This surge was partly due to a sigh of relief: the long-awaited distribution of Bitcoin from the infamous Mt. Gox hack. For almost a decade, the threat of…
For years, people have been predicting Bitcoin will hit six figures, but it’s still not there. With a new bull run on the horizon, though, the hype is back. One analyst has gone even further, using historical data to predict exactly when Bitcoin will reach $200,000. The Power of History This analyst, known as @apsk32…
Ethereum is getting more volatile than Bitcoin, according to QCP Capital, a big player in the crypto market. They’ve noticed that Ethereum’s price swings are getting bigger compared to Bitcoin, which could mean more opportunities for traders. Ethereum’s Volatility Premium QCP says that the difference in volatility between Ethereum and Bitcoin has grown to 8%,…
Whales are on the move, and they’re sending a lot of Ethereum to Coinbase. This has traders buzzing about what it means for the price of ETH. Big Transfers, Big Questions Over the past 24 hours, a bunch of big Ethereum wallets, known as whales, have sent over $205 million worth of ETH to Coinbase….
Ethereum is outperforming Bitcoin, holding steady above the $3,000 to $3,300 range. While prices dipped yesterday, ETH holders are optimistic, hoping for a push past $4,000. Staking Soars, Validators Reach a Million A record-breaking 28% of all ETH in circulation is now locked up for staking, with over 33.6 million ETH staked. This means over…
Mike Novogratz, the billionaire behind Galaxy Digital, is betting big on the future of crypto. His company is launching a new venture fund, Galaxy Ventures Fund I LP, to invest in promising crypto startups. $113 Million and Counting Galaxy Digital has already raised $113 million for the fund, with a goal of reaching $150 million….
