Institutional investors are continuing their buying spree in the crypto market, pouring over $1 billion into crypto products last week. This comes despite – or perhaps because of – recent price dips. A Billion-Dollar Week for Crypto According to CoinShares, the total inflow into digital asset investment products reached $1.3 billion for the fifth week…
Tether’s CEO, Paolo Ardoino, recently predicted that future quantum computers could allow hackers to steal Bitcoin from lost or abandoned wallets. The Quantum Threat to Lost Bitcoin Ardoino shared his thoughts on X (formerly Twitter), suggesting that while active users will likely migrate their Bitcoin to quantum-resistant wallets, the millions of Bitcoins in lost or…
Anthony Scaramucci, founder of SkyBridge Capital, is betting big on Solana (SOL) surpassing Ethereum (ETH) in the tokenization game. He recently shared his bullish outlook on Solana in a CNBC interview. SkyBridge’s Solana Preference While acknowledging SkyBridge holds some Ethereum, Scaramucci made it clear that Solana is their preferred Layer-1 blockchain. He explained that, while…
A South Korean politician, Kim Nam-kuk, got a clean slate in a big crypto scandal. The whole thing hinged on whether he was legally required to report his crypto stash. What Happened? Kim was accused of hiding around $4.5 million in crypto profits. The accusation was that he moved his crypto around before the yearly…
Bitcoin mining difficulty just hit an all-time high, increasing by 5.6%. This means it’s now harder than ever to mine new Bitcoins. What is Mining Difficulty? Bitcoin’s difficulty is a measure of how hard it is for miners to solve complex mathematical problems to add new blocks to the blockchain. It automatically adjusts roughly every…
Florida is considering a bold move: investing some of its state money in Bitcoin. Senator Joe Gruters has proposed a bill (Senate Bill 550) that would let the state’s Chief Financial Officer invest up to 10% of state funds in Bitcoin and other cryptocurrencies. Why Bitcoin? Fighting Inflation The main reason? Inflation. Gruters argues that…
Bitcoin’s been stuck in a rut lately, trading sideways between roughly $96,000 and $100,000. Nobody’s really sure what’s going to happen next – bulls and bears are locked in a stalemate. Ancient Coins Stirring But then things got interesting. Analyst Maartunn noticed something significant: 14,000 Bitcoins, some of which haven’t moved in 7-10 years, suddenly…
Ethereum’s price has been stuck below $2,800 for a while now, leaving many investors feeling gloomy. The crypto market’s overall sentiment is pretty negative, and Ethereum’s underperformance compared to Bitcoin and other coins isn’t helping. A Bullish Pattern Emerges But there’s a glimmer of hope! A top analyst, Jelle, spotted a multi-year ascending triangle pattern…
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, is warning of an impending economic crisis. He believes millions will lose their jobs, homes, and investments. A Looming Economic Crisis? Kiyosaki, who boasts 2.7 million followers on X (formerly Twitter), claims his 2014 prediction of a major market crash is now coming to…
Crypto analyst Benjamin Cowen believes the Federal Reserve’s monetary policy will be the key to unlocking “altseason”—a period where altcoins significantly outperform Bitcoin. The Fed’s Influence on Altcoins Cowen’s analysis combines data from the Federal Reserve’s balance sheet with the Ethereum-to-Bitcoin (ETH/BTC) price ratio. He’s noticed a pattern: previous altseasons only began after the Fed…
