A VanEck executive is claiming that some major crypto companies got the cold shoulder from S&P Global’s recent S&P 500 index update. The Snub Matthew Sigel, head of digital assets research at VanEck, says that Coinbase, MicroStrategy, Robinhood, and Block were surprisingly excluded despite meeting many of the index’s requirements. He suggests that the S&P’s…
Chris Larsen, co-founder of Ripple, suffered a major crypto blow last year. A whopping $661.6 million worth of XRP was stolen from his personal wallets. The LastPass Connection The cause? A hack of the popular password manager LastPass, according to on-chain investigator ZachXBT. A US government forfeiture complaint revealed that Larsen’s private keys, stored within…
The Office of the Comptroller of the Currency (OCC) has given US banks the green light to dive deeper into the world of crypto and stablecoins. Easier Crypto Regulations for Banks In a recent announcement, the OCC stated that banks can now handle crypto assets, participate in stablecoin activities, and even join node verification networks….
A crypto analyst who correctly predicted Bitcoin’s price drop earlier this year thinks BTC is nearing its lowest point. Oversold RSI Signals Potential Reversal Rekt Capital, a popular analyst with over 500,000 followers on X (formerly Twitter), points to Bitcoin’s Relative Strength Index (RSI). The RSI is a technical indicator that often signals potential trend…
A crypto analyst on TradingView, known as RLinda, who correctly predicted Bitcoin’s previous plunge from $91,000, is sounding the alarm again. They believe Bitcoin is headed for another significant drop, potentially as low as $73,000. Why the Bearish Outlook? RLinda’s prediction stems from Bitcoin’s failure to hold above the $91,000 mark, triggering what they call…
Bitcoin’s price has been a rollercoaster lately. Recent Price Drop and Market Concerns Over the weekend, Bitcoin dropped 5%, briefly dipping below $80,000 before recovering slightly to around $82,000. This is about 25% down from its all-time high. Analysts blame trade tensions and recession fears for the downturn. The Weakening Dollar and Bitcoin’s Potential Interestingly,…
Dogecoin’s price took a significant hit, dropping over 12% in just one day. This downturn has left many wondering what caused such a sudden fall. The White House Summit and Market Sentiment The recent White House Crypto Summit seems to be a major contributing factor. While highly anticipated, the summit apparently failed to deliver the…
Last week was huge for crypto! We saw the creation of a Strategic Bitcoin Reserve (SBR) and a Digital Asset Stockpile (DAS), the appointment of a Crypto Czar (David Sacks), and the first-ever Crypto Summit. You’d think Bitcoin would have soared, right? Nope. It actually dropped $5,000. Why the dip? Short-Term Thinking? Some people were…
Banks are finally allowed to offer crypto services! This opens up a whole new world of possibilities for crypto adoption. Let’s explore what this means and look at some promising presales. Banks Enter the Crypto Game The Office of the Comptroller of the Currency (OCC) has given banks the go-ahead to offer crypto services like…
Ethereum (ETH) has been stuck around $2,000, unable to break through. Even with some good news, like a recent executive order, the market’s still feeling pretty gloomy. Investors are being cautious, and nobody’s sure what’s going to happen next. This week is a big one for Ethereum; we’ll see if it can hold steady or…
