A Binance executive, Tigran Gambaryan, has been released from detention in Nigeria after all charges against him were dropped. The Economic and Financial Crimes Commission (EFCC) withdrew the case against Gambaryan in a court session on October 23rd. Gambaryan, who is the chief of financial crime compliance at Binance and a US citizen, was accused…
Ethereum, the biggest platform for smart contracts, is getting better at handling lots of transactions. But it’s not doing it in a way that everyone agrees with. To handle all the traffic, Ethereum is using off-chain solutions called “roll-ups” to process transactions faster. This has led to a boom in Layer-2 platforms, like Arbitrum and…
Bitcoin has been on a rollercoaster ride lately, but it’s generally been heading upwards. Experts are now wondering if we’re about to see a big jump in price, or if investors will start taking profits. A Key Indicator: The Profitability Index A recent analysis by CryptoQuant shows that the Bitcoin Average Profitability Index is currently…
The cryptocurrency world is buzzing about a recent statement by Michael Saylor, CEO of MicroStrategy, regarding Bitcoin custody. Saylor, a well-known Bitcoin advocate, suggested that large banks should hold Bitcoin instead of individuals. This sparked a fiery debate, with many in the crypto community strongly disagreeing with his stance. Saylor’s Controversial Idea Saylor argued that…
Seasoned trader Peter Brandt is bullish on Bitcoin (BTC) and two other cryptocurrencies: Ethereum (ETH) and Solana (SOL). Bitcoin: Still in Consolidation, But Showing Strength Brandt believes Bitcoin is still consolidating, meaning it’s trading within a range. However, he sees signs of strength. He shared a chart suggesting Bitcoin has broken above a resistance level….
A Bitcoin expert from ARK Invest is saying that the cryptocurrency might be on the verge of a big price jump. Three Bullish Signals David Puell, the analyst, has identified three key indicators that suggest a positive outlook for Bitcoin: Bitcoin is breaking out of a recent price pattern. It’s been bouncing off key support…
ApeCoin (APE), the cryptocurrency linked to the popular Bored Ape Yacht Club NFTs, has seen a massive surge in value. The coin jumped over 135% after the launch of Apechain, a new blockchain designed to expand the Bored Ape ecosystem. What is Apechain? Apechain, developed by Yuga Labs (the creators of Bored Ape Yacht Club),…
A popular crypto analyst believes Bitcoin might be on the verge of a comeback. Rekt Capital, who correctly predicted Bitcoin’s price drop earlier this year, says the recent surge above $69,000 could mark the end of a long bearish trend that started in March. Breaking Out of the Bearish Trend According to Rekt Capital, Bitcoin…
The crypto market is always buzzing with potential, and 2025 is looking like a big year for some coins. Let’s take a look at a few that could see some serious growth. Dogecoin: Can It Reach $1? Dogecoin, the meme coin with a loyal following, is aiming for the moon. With its growing acceptance as…
Bitcoin’s feeling pretty good these days, but investors aren’t jumping on the hype train just yet. The Fear & Greed Index, which measures investor sentiment in the crypto world, is currently sitting at 70, indicating a “greedy” market. This means most people are feeling optimistic about Bitcoin. How does the index work? It’s based on…
