Prita Ghozie

Bitcoin Could Hit $500,000, Says Analyst

Bitcoin is on fire right now, with its price recently breaking through $66,000. This has got everyone excited, and many people are expecting even higher prices for Bitcoin and other cryptocurrencies. A Technical Signal Points to a Big Rally One analyst, known as Trader Tardigrade, has spotted a technical signal that suggests Bitcoin could soar…

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Bitcoin’s Big Jump: Why Did It Soar?

Bitcoin recently went on a wild ride, surging from around $62,000 to a peak of $66,500 in just a couple of days. While it’s dipped a bit since then, it’s still hanging around $65,000. So what caused this sudden surge? Let’s break it down. Short Squeeze and Election Hype One big factor was a short…

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Ethena Wants to Add Solana to Its Stablecoin

The Ethena community, which runs a stablecoin called USDe, is thinking about adding Solana to the assets backing their coin. They want to use Solana in a similar way they already use Bitcoin and Ethereum. Solana as a Reserve Asset The proposal suggests using Solana perpetual futures, which are like contracts that allow people to…

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