BitFlyer, a Japanese crypto exchange, has officially bought FTX Japan, making it their own. This happened on July 26th, 2024, after FTX went bankrupt in November 2022. A New Focus on Custody BitFlyer is going to turn FTX Japan into a crypto custody company, which basically means they’ll be responsible for securely storing digital assets…
Wall Street’s Confusion It seems Wall Street is still scratching their heads when it comes to Ethereum. While Spot Ethereum ETFs have launched, they haven’t exactly been a hit with institutional investors. A research firm, 10x Research, thinks this is because Wall Street doesn’t fully understand Ethereum. They say these investors are hesitant to invest…
Big Money Moving Bitcoin has been on a downward trend lately, and recent data suggests that the selling pressure might not be over yet. Binance, the biggest cryptocurrency exchange by trading volume, has seen a significant increase in Bitcoin deposits. This usually means people are sending their Bitcoin to the exchange to sell it. What…
A popular crypto analyst, known as Altcoin Sherpa, is still bullish on Popcat (POPCAT), a memecoin built on the Solana blockchain. Popcat: Still Meow-ing Strong Popcat has seen a massive surge in price, rising over 22,000% since the start of the year. Sherpa believes that cat-themed memecoins have more room to grow, but warns that…
A popular crypto analyst, Benjamin Cowen, is predicting that altcoins could experience a significant drop in value against Bitcoin. Altcoins Still Have Room to Fall Cowen, who has over 800,000 YouTube subscribers, says that the market capitalization of altcoins (excluding Ethereum and stablecoins) is showing bearish signs against Bitcoin. He believes that altcoins could fall…
A popular crypto analyst is predicting big things for Solana, a competitor to Ethereum. He believes Solana could surge by a whopping 900% in the coming months. Solana’s Bullish Future The analyst, Ali Martinez, says Solana has broken out of a technical pattern that suggests a major rally is on the horizon. He expects Solana…
A crypto analyst is predicting that Bitcoin could reach a whopping $260,000, but it’s not a sure thing. He says Bitcoin needs to meet some specific market conditions first. Bitcoin’s Cup and Handle Pattern This analyst, who goes by the name “Trader Tardigrade,” thinks Bitcoin’s price chart is forming a pattern called a “Cup with…
Dogecoin (DOGE) is looking good right now! Analysts are saying it’s about to experience a “golden cross” which could mean a huge price jump. What’s a Golden Cross? A golden cross happens when the 50-day moving average (MA) crosses above the 200-day MA. This is a signal that the market is strong and could be…
Coinbase’s UK arm, CB Payments Limited, got slapped with a hefty $4.5 million fine from the Financial Conduct Authority (FCA). Why? They broke a promise to keep high-risk customers off their platform. What Happened? Back in 2020, CBPL agreed to limit onboarding new customers the FCA considered “high-risk.” This was supposed to help prevent criminal…
Big investors in Ethereum, known as whales, are snapping up ETH like crazy. This is happening even though the price of ETH has been dropping lately. Whales are Loading Up Data shows that whales bought a whopping $1 billion worth of ETH on July 24th alone. That’s on top of the almost $400 million they…
