Bitcoin’s price has been pretty flat lately, stuck in a trading range. While it briefly hit $87,000, it quickly dropped back below $84,700. But there’s a potentially exciting development. A Bullish Pattern Emerges A cryptocurrency analyst, Mister Crypto, spotted a “falling wedge” pattern on Bitcoin’s price chart. This is a technical analysis pattern that often…
A crypto analyst, known as cryptododo7 on X, thinks we might be on the verge of an altcoin season. Their analysis focuses on Bitcoin dominance, which is the percentage of the total crypto market cap that Bitcoin holds. Bitcoin Dominance: The Key Indicator cryptododo7’s technical analysis of the Bitcoin dominance chart shows a potential bullish…
Bitcoin’s price has been pretty flat lately, hovering around $87,000. But some new data suggests this calm might be about to end. Whale Watching: A Big Deal for Bitcoin A cryptocurrency analyst, EgyHash, noticed something interesting: big Bitcoin players (whales) are sending more Bitcoin to exchanges. This isn’t just any increase; it’s the highest we’ve…
Shiba Inu’s burn rate recently saw a significant jump. After a slow start to the week, the burn rate spiked by 33% in just 24 hours. This is according to data from Shibburn.com. But what does this actually mean? A Small but Noticeable Burn Over the past day, a total of 18,684,231 SHIB tokens were…
Nigeria is sending a mixed message on cryptocurrency: it’s pro-crypto, but also cracking down on Binance. Let’s break it down. Binance’s Troubles in Nigeria Nigeria has been battling with Binance, the world’s largest crypto exchange, since 2024. The government’s actions are framed as necessary to improve its regulatory framework and fight crime. Here’s a timeline…
A former sound engineer for Eminem is in hot water after allegedly stealing and selling unreleased Eminem tracks for Bitcoin. The Great Eminem Music Heist Joseph Strange, who worked for Eminem from 2007 to 2021, is accused of selling 25 unfinished songs to a Canadian buyer for around $50,000 worth of Bitcoin. Prosecutors say he…
Bo Hines, Donald Trump’s crypto chief, has a clever idea for boosting the government’s Bitcoin stash without spending extra taxpayer money. He’s suggesting using gold certificates. Budget-Neutral Bitcoin Buying The government’s new Strategic Bitcoin Reserve (SBR) has a strict rule: it can’t spend any new money. So, how do you buy more Bitcoin? Hines’s solution…
California is launching a big guaranteed income pilot program for older adults! The state legislature and governor have approved $4.75 million to fund the initiative. Who’s Getting the Money? This program, tentatively called “Guaranteed Income Older Adults,” will help low-income Californians aged 60 and older. To qualify, participants must already be receiving some kind of…
Venture capital firms are pouring hundreds of millions of dollars into Toncoin (TON), a layer-1 blockchain. The TON Foundation, the project’s team, announced that the investment totals over $400 million. Who’s Investing? Some big names in the VC world are involved, including Sequoia Capital, Ribbit Capital, Benchmark, Kingsway Capital, Vy Capital, Draper Associates, Libertus Capital,…
Americans are stashing massive amounts of cash in bank accounts that aren’t protected by the FDIC, a new report reveals. Big Banks, Big Risk Customers at JPMorgan Chase, Wells Fargo, and Bank of America alone hold a staggering $2.62 trillion in uninsured deposits. That’s money exceeding the FDIC’s $250,000 insurance limit per depositor, per insured…
