Bitcoin’s price has bounced back, climbing to around $85,020 in the last day – a 1.2% increase! This reverses some recent losses, and analysts are getting excited. Signs of a Bitcoin Rebound While Bitcoin is still down slightly over the past week (3.4%) and month (9.5%), there are positive signs. A strong one-day price jump…
Bitcoin’s price has taken a significant dive, dropping over 22% from its peak. While some weekly and monthly indicators still look bullish, many online are predicting a bear market. Two analysts offer different perspectives on what could decide Bitcoin’s fate. $95,000: The Make-or-Break Point? Crypto analyst Charting Guy (@ChartingGuy) highlights the crucial $95,000 price level….
Bitcoin’s price has seen a slight uptick after a period of wild swings, but some key indicators suggest trouble might be brewing. Open Interest: A Major Drop Several important metrics are flashing red, raising concerns about Bitcoin’s future price. One key indicator, open interest (OI), has plummeted. Alphractal, a crypto data platform, reported a massive…
Metaplanet, a Japanese company, is doubling down on Bitcoin in a big way. They recently bought another 160 Bitcoin, costing around $13.39 million. This brings their total Bitcoin holdings to a whopping 4,206 BTC! Asia’s Bitcoin King This purchase makes Metaplanet the biggest corporate Bitcoin holder in Asia and one of the top nine globally….
Senator Cynthia Lummis is pushing for the US government to buy Bitcoin, creating a massive “Strategic Bitcoin Reserve” (SBR). She believes this could seriously reduce the national debt. How it Could Work Lummis is looking at around 200,000 Bitcoin already seized by the US Marshals Service as a potential starting point. She’s working with the…
Bitcoin is making headlines again, and it’s not just about the price. This time, it’s a mix of big names, smart investments, and political wins that are driving the excitement. Eric Trump & Bitcoin Mining: A New Venture Eric Trump is diving headfirst into Bitcoin mining, partnering with Hut 8 to create American Bitcoin Corp….
Charles Hoskinson, the founder of Cardano, thinks memecoins are like fleeting celebrity trends. They might be popular for a short time, but without a change, they’ll fade away. The Memecoin Problem: 15 Minutes of Fame Hoskinson compared memecoins to celebrities with only 15 minutes of fame. He argues that most memecoins are doomed to fail…
Bybit, a cryptocurrency exchange, announced it’s shutting down its NFT marketplace on April 8th. The company says it’s refocusing on its core trading business. The Big Picture This decision comes on the heels of a massive February security breach that saw $1.46 billion in digital assets stolen – reportedly the largest crypto heist ever. Bybit…
The Trump family is accusing five major US banks of abruptly closing their accounts for political reasons, claiming it’s part of a broader attack orchestrated by the Biden administration. Eric Trump’s Claims In a recent Fox Business interview, Eric Trump alleged that JPMorgan Chase, Bank of America, Capital One, TD Bank, and First Republic all…
Australia is taking a closer look at its booming crypto ATM industry. With over 1,600 machines across the country (a huge jump from just 23 in 2019), regulators are concerned about potential illegal activity. Regulators Find “Worrying Trends” The Australian Transaction Reports and Analysis Centre (AUSTRAC) recently announced that a special task force investigating crypto…
