A major banking system crash has fueled concerns about the European Central Bank’s (ECB) plans for a digital euro. System Failure Raises Eyebrows Last month, the ECB’s TARGET2 (T2) payment system went down for several hours, halting payments across the EU. This incident has prompted some members of the European Parliament to question the ECB’s…
Cathie Wood, the head of ARK Invest, is forecasting a significant economic upswing for the US in the latter half of 2025. She believes the current economic slowdown is the final phase of a “rolling recession,” paving the way for a period of strong growth. What is a Rolling Recession? A rolling recession isn’t a…
Whale and shark investors (those holding significant amounts of Bitcoin) have quietly scooped up a whopping $381 million worth of Bitcoin in just six days. This buying spree happened during a recent period of panic selling by smaller investors. Whale Activity According to data analytics firm Santiment, these large Bitcoin holders added 4,486 BTC to…
Arthur Hayes, the co-founder of BitMEX, predicts a rough ride ahead for Bitcoin, even after its recent 24% drop. He believes several factors could trigger a significant market correction. Bitcoin’s Bottom and the Domino Effect Hayes envisions a scenario where Bitcoin crashes alongside the US stock market. This downturn, he argues, would lead to the…
Bitcoin is at a crucial point, hanging on above a key support level. Let’s look at what a seasoned crypto trader thinks might happen next. Technical Analysis: What the Charts Say Crypto trader Josh Olszewicz recently analyzed Bitcoin’s charts, focusing on several key indicators: RSI and Volume Divergence: Olszewicz spotted a bullish divergence in both…
Solana is about to get a lot less inflationary! A proposal called SIMD 228, which aims to drastically cut inflation, has passed with around 70% of the vote. This means Solana’s annual inflation could plummet to a measly 0.92%, down from its current rate. What’s SIMD 228 All About? SIMD 228 introduces a “static curve”…
The long-running legal battle between Ripple and the SEC might finally be over. According to sources, the case is wrapping up, and a decision is expected soon. Ripple’s Fight for Favorable Terms The SEC sued Ripple in late 2020, claiming XRP was an unregistered security. This hurt XRP’s price, keeping it between $0.30 and $0.50…
Bitcoin’s price has been on a wild ride lately. But is this the end, or just a temporary dip before another big climb? Is $70K the Bottom? BitMEX co-founder Arthur Hayes thinks Bitcoin could drop to $70,000 before bouncing back. He says this is normal behavior for a bull market, not a sign of trouble….
Big Bitcoin players (whales) on Binance, the biggest crypto exchange, are changing their behavior, and it might mean good things for Bitcoin’s price. Less Selling by Whales? A crypto analyst noticed something interesting: the “whale ratio” on Binance is dropping. This ratio shows how much Bitcoin big players are moving around. A lower ratio generally…
A well-known crypto analyst, Bluntz, is predicting a tough three years for Solana (SOL). Bluntz, who correctly predicted Solana’s price crash earlier this year, shared his forecast with his large X (formerly Twitter) following. Solana’s Bear Market Bluntz believes SOL will be in a bear market for the next two years. While he expects some…
