Coinbase, the popular US crypto exchange, is adding support for a new AI-focused altcoin called io.net (IO) that runs on the Solana network. IO: A Decentralized GPU Network io.net is a decentralized physical infrastructure network (DePIN) that aims to use idle GPUs (graphics processing units) for machine learning (ML) and AI projects. Basically, they’re trying…
While Bitcoin has been struggling to break out of its $60,000 range, some interesting things are happening behind the scenes. Long-Term Holders Are Loading Up Despite the recent price dips, long-term Bitcoin investors are actually buying more. Over the past week, about $987 million worth of Bitcoin has been withdrawn from cryptocurrency exchanges. This means…
A Repeat Performance? A crypto analyst, TradingShot, noticed that Bitcoin’s price is acting a lot like it did back in October 2023. This could be a good sign for Bitcoin, considering what happened last year after a similar pattern emerged. TradingShot pointed out that Bitcoin’s price is currently bouncing around the 50-day and 200-day moving…
The Chinese government is moving a ton of Ether (ETH) that it seized from a huge crypto scam, and that’s making Ethereum investors nervous. China’s Big Sell-Off? A bunch of ETH that was frozen for years from the PlusToken scam is finally moving again. This scam was huge, worth over $4 billion! The Chinese government…
More and more traditional hedge funds are getting into the crypto game. A recent survey found that almost half of them are now holding some digital assets, up from 37% last year. The Crypto Shift The survey, conducted by the Alternative Investment Management Association (AIMA) and PwC, shows that hedge funds are moving beyond just…
Dogecoin Investors are Looking for the Next Big Thing Dogecoin (DOGE) was a huge hit, but its popularity seems to be fading. Many seasoned crypto investors are losing faith in DOGE and are looking for new opportunities. Enter RCO Finance RCO Finance (RCOF) is a new platform that’s attracting a lot of attention. Experts believe…
The meme coin world is booming, with billions of dollars invested in projects like Dogecoin, Shiba Inu, and Pepe. But behind the hype, there’s a dark side: pump-and-dump schemes and rug pulls, where traders lose millions. The DoJ Takes Action The US Department of Justice (DoJ) recently cracked down on this shady activity, arresting four…
A popular crypto analyst, Michaël van de Poppe, thinks we’re in the early stages of a bull market. He’s seeing signs that point to a potential surge in crypto prices. Early Bull Market Signs Van de Poppe says there are two key indicators of a bull market’s early stages: Bear Market Mentality: Many people are…
Bitcoin is showing signs of a comeback, according to a leading crypto analyst. Jamie Coutts, the chief crypto analyst at Real Vision, believes that the number of active Bitcoin addresses is on the rise after a long slump. This is a major indicator for him, as it suggests growing interest and adoption of the cryptocurrency….
A popular crypto analyst, known as Sherpa, is predicting a big move for Bitcoin. He says the price is currently compressed, with key indicators converging, and believes it’s likely to head upwards soon. Bitcoin on the Rise? Bitcoin is currently trading at $62,150. Sherpa’s analysis suggests a potential breakout, but it’s important to remember that…
