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…
Bitcoin’s price has been a bit of a rollercoaster lately, leaving some investors unsure of what to do. But one analyst thinks now might be the perfect time to buy. A Bullish Breakout? Crypto analyst Captain Faibik believes Bitcoin is poised for a big jump. They see the recent price consolidation as a positive sign,…
Tether, the company behind the USDT stablecoin, just bought a whopping 8,888 Bitcoins! That’s about $735 million worth at the time of the purchase. A Massive Bitcoin Haul This purchase was reported by Arkham Intelligence, showing Tether moving the Bitcoin from Bitfinex, its sister company and a major cryptocurrency exchange. After this buy, Tether now…
Glassnode, a cryptocurrency analytics firm, has revealed some interesting insights into Bitcoin investor behavior. It turns out, those who bought Bitcoin at its peak are surprisingly holding on tight. Long-Term Holders (LTHs): Holding Steady Glassnode looked at two groups of Bitcoin investors. First, they examined “long-term holders” (LTHs) – people who’ve held their Bitcoin for…
Bitcoin’s price is climbing, and that’s making some traders very nervous. A huge amount of money – a whopping $9.41 billion – is riding on bets that Bitcoin won’t go up. If Bitcoin hits $90,000, these bets could be wiped out in a massive wave of liquidations. The $90,000 Danger Zone Crypto analyst Seth on…
This Saturday, April 5th, could be a game-changer for Bitcoin. Why? Because the US government is finally revealing its Bitcoin holdings. The Government’s Secret Bitcoin Stash? President Trump’s executive order in March demanded a complete inventory of all federal agencies’ crypto assets. This includes creating a “Strategic Bitcoin Reserve” (SBR) – basically, a digital Fort…
A popular crypto analyst is predicting a huge price jump for Mantle (MNT), a layer-2 scaling solution. Mantle (MNT) to the Moon? Inmortal, a well-known analyst with a large following on X (formerly Twitter), believes MNT has already hit its 2025 bottom around $0.60. They’re forecasting a massive 279% rally, pushing the price to $3…
