Bitcoin took a dive last Friday, but a surprising announcement sent it soaring. President Trump’s plan for a US strategic crypto reserve, including Bitcoin, Ethereum, and other altcoins, injected a massive dose of energy into the market. Bitcoin is now trading well above $91K, and experts believe this could be the beginning of a major…
Metaplanet, a Japanese company, just bought another $13.4 million worth of Bitcoin, adding 156 BTC to their already impressive collection of 2,391 BTC (about $219.5 million). They’re even considering listing their Bitcoin holdings on US stock exchanges! Metaplanet’s Bitcoin Strategy This latest purchase comes just weeks after Metaplanet’s CEO met with executives from the New…
Binance founder Changpeng Zhao (CZ) has proposed a new approach to releasing crypto tokens, aiming to stabilize prices and promote long-term project success. Instead of dumping a huge amount of tokens onto the market at once, his idea involves a slow, controlled release. How CZ’s Unlock System Works CZ suggests that only 10% of a…
Big investors, known as whales, recently snapped up a massive amount of Ethereum (ETH). Whale Activity According to crypto analyst Ali Martinez, whales purchased over $422 million worth of ETH in just 24 hours. That’s a lot of ETH! This information comes from the analytics firm Santiment. Martinez shared this news with his large following…
Raoul Pal, a well-known cryptocurrency analyst, believes the crypto market is in for a long bull run, potentially lasting until 2026. He’s calling it the second phase of his “Banana Zone,” a term he uses to describe periods of rapid price increases in the crypto market. The Banana Zone Returns? In a recent YouTube video,…
Justin Sun, the billionaire behind the Tron cryptocurrency, is getting a temporary reprieve from the SEC’s fraud lawsuit. The SEC and Sun have jointly asked a judge to pause the case while they explore a possible settlement. A Temporary Pause The request to halt the proceedings was granted. Both sides argued that a settlement would…
President Trump’s announcement of a US “crypto strategic reserve” sent shockwaves through the crypto market, triggering a massive surge in value. Major Cryptocurrencies Jump The news, shared on Truth Social, included Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) in the proposed reserve. This announcement reportedly added $100 billion to the global crypto…
Bitcoin’s price has been dropping lately, losing over 10% in just one week. This downturn coincided with significant withdrawals from US Bitcoin ETFs, leading many to wonder if the ETFs were to blame. A Brief Reprieve? But last Friday, February 28th, things took a turn. US Bitcoin ETFs saw a net inflow of almost $100…
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” is once again stirring the pot, this time by calling the US dollar a “scam.” He’s urging people to ditch traditional banking and invest in Bitcoin, gold, and silver instead. The Dollar vs. Bitcoin: A Scam Showdown? Kiyosaki acknowledges that Bitcoin could be a scam, but…
Bitcoin’s recent activity has traders buzzing, with some key indicators hinting at a possible major market shift. Let’s dive into what’s happening. A Surge in Active Addresses A huge number of Bitcoin addresses were active recently—hitting 912,300 on February 28th. That’s a level not seen since December 16th, 2024, when Bitcoin was trading around $105,000!…
