Retail investors are losing interest in Bitcoin, according to recent data. The amount of money small investors are moving around in Bitcoin has plummeted to its lowest point in three years. This is a bad sign for the price of Bitcoin, as it shows that even though the price has been going up recently, people…
The wait is over! The Chicago Board Options Exchange (CBOE) has officially confirmed the launch date for Spot Ethereum ETFs, and they’re hitting the market on July 23rd. A Long Time Coming This launch has been a long time coming, with analysts predicting a July 2nd start date. However, some delays pushed the launch back…
The price of XRP has been on the rise this week, and it’s not just a coincidence. Crypto analytics firm Santiment says the XRP Ledger (XRPL) has seen a huge increase in activity, with more new addresses being created and more addresses interacting with the network than they’ve seen since March. Is It Just Hype?…
Get ready for a huge transfer of wealth, folks! Billions of dollars are about to change hands as older generations pass on their assets. A Big Number: Experts say that over the next 20 years, about $83 trillion will be handed down. That’s a mind-boggling amount of money, roughly equal to the combined economic output…
The Winklevoss twins, famous for their involvement with Facebook and their own crypto exchange Gemini, are continuing to donate big bucks to Republican candidates. Targeting Elizabeth Warren This time, they’re giving $500,000 worth of Bitcoin each to John Deaton, a lawyer and crypto advocate running against Senator Elizabeth Warren. The twins are calling Warren the…
A well-known crypto analyst is warning traders that Ethereum (ETH) might not perform as well as Bitcoin (BTC) in the coming weeks. Ethereum to Dip, Then Soar? Crypto trader Kaleo, who has a large following on social media, believes that Ethereum will be outpaced by Bitcoin in the next week. However, he thinks that the…
Dogecoin is on the rise again, and this time it’s not just retail investors driving the price up. Big players, known as “whales,” are quietly accumulating millions of DOGE tokens. Whales Are Buying Big Crypto analyst Ali Martinez noticed a huge spike in DOGE purchases by whales. In the last 24 hours, some whales bought…
Terraform Labs (TFL), the company behind the collapsed TerraUSD and LUNA tokens, is getting ready to shut down its operations. A recent court order has given them permission to take some important steps before they disappear. Reopening the Shuttle Bridge and Burning LUNA TFL is allowed to reopen the Shuttle bridge, which lets users transfer…
The German government recently sold off a huge chunk of its Bitcoin holdings, worth about $3 billion. This move has sparked controversy, with many people criticizing the decision. A Controversial Sell-Off The German government claimed the sale was an “emergency” measure related to a criminal investigation. However, the timing of the sale, which coincided with…
Shiba Inu (SHIB) has been lagging behind lately, even though Bitcoin and the broader crypto market are showing signs of recovery. What’s going on? Let’s break it down. The WazirX Hack: A Major Blow to SHIB Earlier this week, WazirX, a popular Indian crypto exchange, was hit by a massive hack, losing around $235 million….
