The price of Ethereum has been lagging behind lately, and a hedge fund manager thinks he knows why. Zaheer Ebtikar, founder of Split Capital, believes that a combination of bad decisions by the Ethereum Foundation and shifts in how people invest in crypto are to blame. The Shift in Crypto Investing Ebtikar explains that crypto…
Matt Hougan, the big cheese at Bitwise, is super impressed with Aptos, a Solana competitor. He’s been checking out a bunch of charts lately, and Aptos’ numbers really stand out. Aptos is on Fire Hougan shared some charts showing Aptos’ daily transactions and active addresses are going through the roof. He’s seeing some serious growth…
A popular crypto analyst, known as Inmortal, believes Bitcoin (BTC) is on the verge of a huge price surge. He’s comparing the current market to last year, when Bitcoin went on a wild ride after consolidating below $30,000. Bitcoin’s Big Move Inmortal thinks Bitcoin is in the final stages of consolidation after the halving event,…
Cybersecurity experts are warning that criminals are using deepfake technology to bypass security measures on crypto exchanges. These bad actors are selling AI-powered tools on the dark web that can create fake identities and fool facial recognition systems. How It Works The process is surprisingly simple: Create Fake Credentials: Criminals use AI-powered websites to generate…
Record Highs in Money Market Funds Investors have been pouring money into money market funds, reaching a record $6.47 trillion in deposits. This surge is driven by the Federal Reserve’s recent interest rate hikes, which have made these funds more attractive for earning returns on cash. JPMorgan Warns of an End to the Mania However,…
The South African Revenue Service (SARS) is cracking down on crypto, demanding that taxpayers declare their digital assets. This comes as no surprise, considering the growing popularity of cryptocurrencies like Bitcoin and Ripple in the country. Crypto Is Big Business in South Africa South Africa is seeing a massive surge in crypto transactions. Estimates suggest…
Jim Cramer, the host of the popular financial show “Mad Money,” thinks Kamala Harris would be a good president for the economy. He believes her policies would be more business-friendly than Joe Biden’s, which he thinks could be good for the markets. A More Centrist Approach Cramer sees Harris as a centrist, meaning she’s not…
A controversial figure in the crypto world, Craig Wright, is accusing Michael Saylor, CEO of MicroStrategy, of betraying the true essence of Bitcoin. Wright believes Saylor’s plan to turn MicroStrategy into a Bitcoin bank goes against the original purpose of Bitcoin. What’s the Beef? Wright argues that Bitcoin was designed for small, peer-to-peer transactions without…
Coinbase’s Base, a scaling solution for Ethereum, is quickly becoming the most popular network for building on Ethereum. Base is Booming Base has seen a huge increase in activity over the past couple of months. It’s now processing a massive amount of transactions, surpassing other popular Ethereum scaling solutions like Optimism and Arbitrum. Base’s TVL…
Crypto exchange OKX is adding six new trading pairs for the USDC stablecoin, showing their support for the growing USDC ecosystem. New Trading Pairs for USDC Starting on October 14th, OKX will offer trading pairs for USDC with these cryptocurrencies: AEVO-USDC ATH-USDC CATI-USDC ETHFI-USDC JUP-USDC ZETA-USDC Stablecoin Outlook This move comes as the outlook for…
