A popular crypto analyst, Kevin Svenson, believes Bitcoin (BTC) is on the verge of a massive price surge, similar to the parabolic run it experienced in 2017. Deja Vu: Bitcoin’s Past and Present Svenson points out that Bitcoin’s price action in 2017 featured three distinct parabolic phases before the bull market ended. He sees a…
A Japanese company, Metaplanet, is making waves in the crypto world by consistently adding to its Bitcoin stash. They’ve just bought another 21.88 Bitcoin, bringing their total holdings to a whopping 225.6 Bitcoin! A Steady Bitcoin Strategy Metaplanet has been on a Bitcoin buying spree since earlier this year. They even have a policy in…
For years, the identity of Bitcoin’s creator, Satoshi Nakamoto, has been a mystery. One man, Craig Wright, claimed to be the elusive figure, but his claims have been shattered. Wright’s Lies Uncovered A British court has officially ruled that Craig Wright is not Satoshi Nakamoto. The court found that Wright lied repeatedly about being the…
Charles Hoskinson, the founder of Cardano, has offered to help Elon Musk tackle the growing issue of account hacks and scam bots on X (formerly Twitter). A Decentralized Solution? Hoskinson believes that integrating Decentralized Identifiers (DIDs) into X’s platform could solve these problems. DIDs are a way of verifying identities online, and they’re supported by…
After a rough couple of months, Bitcoin is finally making a comeback! Prices are climbing back above $62,000, leaving the recent slump in the dust. Bitcoin Shakes Off the Blues One analyst says Bitcoin is turning a corner, citing positive on-chain data. They believe we could see even more gains in the coming weeks or…
A popular crypto analyst thinks Solana (SOL) might be about to do something big. They’re seeing a pattern in SOL’s price chart that looks a lot like what happened in 2021, right before it exploded in value. Solana’s Past Success Could Be Repeating Back in 2021, SOL went from about $24 to over $259, a…
Coinbase, a leading crypto exchange, and Stripe, a big name in online payments, are teaming up to make crypto more accessible worldwide. Faster and Cheaper Transactions The partnership aims to make crypto payments faster and cheaper for both businesses and individuals. Here’s how: Stripe will support Base: Stripe’s crypto products will now work with Base,…
A well-known crypto analyst believes that Bitcoin has bottomed out and is ready for a new bull run. Analyst Predicts Bullish Future for Bitcoin Rekt Capital, a popular crypto trader with over 483,000 followers, shared his optimistic outlook on Bitcoin’s future. He claims that Bitcoin has successfully recovered from its recent dip and is now…
Ethereum (ETH) is expected to do better than Bitcoin (BTC) after the launch of spot Ethereum exchange-traded funds (ETFs), according to crypto analytics firm Kaiko. A Shift in the Market The mood in the crypto market has changed since the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum ETFs in May. While the ETFs…
Bitcoin mining is facing a tough time. While Bitcoin’s price is near record highs, miners are actually making less money than ever before. This is because the network’s computing power, known as the hashrate, has skyrocketed. The Hashrate Hustle Think of the hashrate as the competition in a race. The more powerful computers you have,…
