Prita Ghozie

Bitcoin’s Price: Bullish vs. Bearish Predictions

Bitcoin’s future price trajectory is a hot topic among analysts. Some believe it will soar to new heights, while others predict a reality check. Bullish Outlook Cryptoyoddha, a prominent analyst, sees a bright future for Bitcoin. He believes it will follow a historical pattern of accumulation and parabolic surges. This could lead to Bitcoin surpassing…

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Elon Musk Asks: Where’s Vitalik?

Elon Musk, the tech giant behind SpaceX and Tesla, is curious about why Vitalik Buterin, the co-founder of Ethereum, has stepped back from X, the platform Musk bought in 2022. Why Is Buterin Avoiding X? A crypto influencer, Autism Capital, sparked the conversation by saying that Buterin’s lack of involvement on X is hurting Ethereum’s…

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Bitcoin’s Loyalists Sell Big

Diamond Hands Give Way Bitcoin’s long-term holders, known as “diamond hands,” have sold off a whopping 669,000 BTC in the past month. What’s a Diamond Hand? Diamond hands are investors who hold onto their Bitcoin for more than 155 days. They’re usually considered the most committed holders in the market. Why the Sell-Off? Even diamond…

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XRP Ledger’s New AMM Faces Hiccups

Unexpected Bug Discovered On March 24th, the RippleX team discovered a technical glitch in their newly launched Automated Market Maker (AMM). This came as a surprise to the XRPL community, who had been eagerly awaiting the protocol’s rollout. The glitch affected how the AMM pools and order books routed liquidity, causing discrepancies. The development team…

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Upcoming Crypto Events and Coins to Watch

Bitcoin: Spot ETF Outflows and Inflation Data Bitcoin is facing a streak of negative flows in spot ETFs, raising concerns. The market anticipates a turnaround, as ETFs have historically contributed to BTC’s growth. The upcoming PCE Index release on Friday could impact market sentiment and monetary policy decisions. Dogecoin: Futures Trading and ‘Doge Day’ Coinbase…

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Bitcoin Demand Set to Soar in the Next Decade

SkyBridge Capital founder Anthony Scaramucci predicts a surge in demand for Bitcoin (BTC) in the coming years. Wealth Transfer and Young Investors Scaramucci believes the $84 trillion wealth transfer from baby boomers to younger generations will drive demand for Bitcoin. He notes that younger investors already hold significant amounts of BTC, while older investors have…

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282 US Banks Facing Financial Trouble

A recent report has identified 282 US banks with a combined $900 billion in assets that are facing a “toxic combination” that could lead to their collapse. Risk Factors According to the Klaros Group, these banks have: High exposure to commercial real estate loans Significant unrealized losses on their balance sheets Names Kept Secret Klaros…

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EU Tightens Restrictions on Anonymous Crypto and Cash Transactions

Cash Restrictions The European Union (EU) is cracking down on anonymous cash transactions. Cash payments over €10,000 and anonymous cash payments over €3,000 will be banned. Crypto Restrictions Crypto payments to hosted wallets will also be banned, regardless of the amount. Anti-Money Laundering Authority The EU will establish the Anti-Money Laundering Authority (AMLA) to oversee…

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