Coinbase CEO Brian Armstrong recently dropped a bombshell: he thinks Bitcoin is kind of like a meme coin. This sparked a huge debate in the crypto world. Bitcoin’s Value: Belief Over Bricks and Mortar Armstrong’s main point? Bitcoin’s value isn’t tied to anything tangible like gold or its usefulness. It’s all about collective belief. He…
Bitcoin’s price recently exploded, surpassing $98,000. This has sparked a heated debate: is $100,000 next, or is this a short-lived pump about to crash? High Leverage, High Risk? Several market analysts point to a concerning trend: high leverage and a massive increase in open interest (OI). One analyst noted a $2.4 billion jump in Bitcoin’s…
The Libra memecoin is in hot water, and it’s a big mess involving politics, fraud accusations, and a possible parallel project in Nigeria. The Argentina Connection At the center of the storm is Argentine President Javier Milei. He’s accused of promoting Libra, a memecoin supposedly designed to fund Argentina’s development. It quickly reached a $4.5…
Charles Hoskinson, the founder of Cardano (ADA), recently outlined a plan to make the Cardano blockchain resistant to attacks from future quantum computers. This is a big deal because powerful quantum computers could break current encryption methods. The Quantum Computing Threat Hoskinson highlighted the rapid advancements in quantum computing, predicting significant progress within the next…
Bitcoin’s price is stuck in a holding pattern, bouncing between $94,000 and $100,000. While the long-term outlook is still positive (Bitcoin is above key support levels), the short-term picture is unclear. Everyone’s wondering: what’s next? A huge price jump? Or a significant drop? Retail Investors Are Hesitant New data shows that smaller Bitcoin investors aren’t…
Ethereum has been lagging behind Bitcoin lately, failing to reach its all-time high. But a new analysis suggests a significant price jump could be on the horizon. Strong Support and Bullish Indicators Technical analysts are pointing to several factors suggesting a bullish outlook for Ethereum. The price is currently sitting above a crucial long-term support…
Ethereum’s price has been stuck in a bit of a rut lately, hovering around the $2,600 to $2,800 range. While it’s been trying to break above $2,800, sellers keep pushing it back down. But don’t count Ethereum out just yet! Holding Key Support Despite the price action, buyers are holding strong, preventing the price from…
Three major world powers – China, Japan, and the UK – significantly reduced their holdings of US Treasury bonds in December. The combined decrease totaled a whopping $81 billion. A Trillion-Dollar Sell-Off China: Shed $9.6 billion, leaving them with $759 billion – their lowest level since 2009. Japan: Sold off a massive $27.3 billion, still…
Big-name investment firm Franklin Templeton has jumped into the crypto ETF game with a new fund that invests in both Bitcoin (BTC) and Ethereum (ETH). This is their third crypto ETF, following separate Bitcoin and Ethereum ETFs launched last year. A Blend of Crypto Giants The new fund, called the Franklin Crypto Index ETF (EZPZ),…
A popular crypto analyst, Altcoin Sherpa, is making some bold predictions about the crypto market. He’s particularly bullish on a few altcoins, while offering a cautious outlook on Bitcoin. Sonic Boom: A 140% Gain and More to Come? Sherpa is extremely positive about Sonic (S), a layer-1 blockchain, which has seen a massive 140% price…
