Ethereum’s price has been a bit shaky lately, but its supply is on the rise. This might sound bad, but it’s actually a sign of the network’s growing activity. Why is Ethereum’s Supply Increasing? The main reason for the increase is Ethereum’s shift to proof-of-stake (PoS). This means that people are now “staking” their ETH…
A popular crypto analyst is predicting a major price surge for GMX, a decentralized exchange (DEX) that’s currently outperforming Bitcoin. GMX: The Next Big Thing? The analyst, known as The Crypto Dog, believes that GMX is poised for a “mother of all squeezes” due to a few key factors: Profit Distribution Change: GMX is changing…
Billionaire Mark Cuban, known for his role on the show “Shark Tank,” is throwing his support behind Vice President Kamala Harris for the upcoming US Presidential election. Crypto and Regulation Take Center Stage Cuban spoke at a virtual event called “Crypto4Harris,” which aims to rally support for Harris while also urging her administration to ease…
Bitcoin is seeing a surge in long-term investment, according to blockchain analytics platform Glassnode. Big Players are Back Over the past three months, long-term Bitcoin holders (those who hold for at least 155 days) have bought up over $22 billion worth of Bitcoin. This suggests a shift in sentiment among these big players, who were…
A popular crypto analyst, known as Altcoin Sherpa, has issued a warning about Bitcoin’s potential future. He believes that if Bitcoin fails to break through a key resistance level, it could plummet below $50,000. Bitcoin’s Fork in the Road Sherpa sees two possible scenarios for Bitcoin: Breakthrough: If Bitcoin manages to break through the current…
The US government has been busy moving around a bunch of Bitcoin seized from the Silk Road, a notorious online black market. They’ve been doing this for a while, but this latest move is pretty big. 10,000 Bitcoins on the Move The government recently transferred 10,000 Bitcoins, worth around $593.5 million, to Coinbase Prime. This…
The Trump family is diving headfirst into the world of cryptocurrency. Eric Trump, son of former President Donald Trump, has announced a new project focused on “digital real estate” that will allow users to borrow and lend money on a blockchain platform. Crypto Love: A Change of Heart Eric Trump has been vocal about his…
Get ready, Shiba Inu fans! Liquid staking is officially coming to Shibarium on September 18th. This means you can soon stake your BONE tokens and earn rewards without locking them up. What is Liquid Staking? Liquid staking is a game-changer for crypto users. It allows you to stake your tokens and earn rewards while still…
Binance, the world’s largest cryptocurrency exchange, is back in India after a seven-month ban. The exchange has registered with the country’s Financial Intelligence Unit (FIU), marking a significant step towards compliance with local regulations. Overcoming Regulatory Hurdles Binance’s return comes after a period of regulatory challenges. The FIU fined the exchange a record $2.25 million…
Ethereum, the leading smart contract platform, has been lagging behind other cryptocurrencies lately. But despite its recent struggles, experts believe it’s poised for a comeback. Why Ethereum Has Been Struggling Ethereum has faced several challenges in recent years: Bitcoin’s “digital gold” narrative: Bitcoin’s simplicity as a store of value has made it easier for new…
