Ethereum’s price has taken a serious hit recently, dropping below $1,380 – a level not seen since March 2023. This has many investors worried about ETH’s future. A Market in Distress The crypto market is struggling. Macroeconomic issues, global instability, and uncertainty around US policy are all contributing to a negative market sentiment. Ethereum, unfortunately,…
Argentina’s cryptocurrency scene is shaking after the spectacular failure of the LIBRA token. The fallout has sparked a major political battle, with accusations flying and investigations underway. Congress Takes Action The Chamber of Deputies, Argentina’s lower house of parliament, voted to launch a full-scale investigation into LIBRA. This wasn’t a unanimous decision; the votes were…
XRP’s price has been on a wild ride lately, climbing alongside other major cryptocurrencies after a huge jump from $0.50 to over $3. Many believe it’s poised for even bigger gains. One analyst even predicts XRP could overtake Bitcoin in market cap! XRP’s Potential to Flip Bitcoin TradingView analyst Axel Rodd believes XRP could surpass…
MicroStrategy, the company headed by Michael Saylor, might have to sell some of its massive Bitcoin stash to pay its bills. This isn’t necessarily a sign of immediate collapse, but it does highlight a risky strategy. Facing a Huge Potential Loss MicroStrategy is expecting a nearly $6 billion unrealized loss for the first quarter of…
A major Ethereum investor, often called a “whale,” recently sold off 10,000 ETH after holding it for over two years. This could be a sign of things to come. A Whale’s Big Sell-Off This whale initially bought the 10,000 ETH for about $12.95 million in late 2022. They held onto it even when Ethereum’s price…
Ethereum (ETH) took a dive earlier this week, hitting $1,471. It’s since bounced back a bit, trading around $1,570 – a nearly 5% increase in 24 hours. But despite this small recovery, analysts are still watching closely. Understanding the Realized Price A key metric analysts are looking at is Ethereum’s “Realized Price.” This isn’t just…
Arthur Hayes, the co-founder of BitMEX, thinks Bitcoin (BTC) is poised for a massive price surge. He believes a weakening Chinese Yuan, driven by the country’s central bank printing money, could trigger a wave of investment into Bitcoin as a safe haven. This, he argues, is similar to what happened in 2013 and 2015. China’s…
Everstake, a big name in cryptocurrency staking, announced that its Ethereum staking service has passed a rigorous security audit by Trail of Bits. This audit focused on their system that lets people stake as little as 0.1 ETH, a much smaller amount than the usual 32 ETH needed. A Deep Dive into Security Trail of…
A lawyer is suing the US government to uncover whether it knows the identity of the mysterious Bitcoin creator, Satoshi Nakamoto. Government Agent’s Claim Sparks Lawsuit The lawsuit stems from a 2019 statement by a Department of Homeland Security (DHS) special agent, Rana Saoud. Saoud reportedly said that DHS agents interviewed Nakamoto and three others…
Gundlach’s Bearish Outlook Jeffrey Gundlach, the CEO of DoubleLine Capital and known as the “Bond King,” is warning of a downturn in the US stock market. He believes the ongoing trade tensions and high import tariffs imposed by the US will continue to create uncertainty. In a recent CNBC interview, he predicted a significant drop…
