President Trump has pardoned Ross Ulbricht, the creator of the infamous online black market Silk Road. This fulfills a campaign promise made by the former president. The Silk Road and Ulbricht’s Sentence Ulbricht launched Silk Road in 2011. This website allowed users to anonymously buy and sell illegal drugs and other illicit goods using Bitcoin….
MicroStrategy, the business intelligence company known for its massive Bitcoin holdings, just got a big boost from its shareholders. They overwhelmingly approved a plan to drastically increase the number of shares the company can issue. This move will allow MicroStrategy to raise a whopping $42 billion to buy even more Bitcoin. Fueling the Bitcoin Fire…
Brian Armstrong, CEO of Coinbase, believes cryptocurrency is key to unlocking a new wave of global economic freedom. He recently shared his thoughts on X (formerly Twitter), arguing that while global economic freedom is declining, crypto can reverse this trend. Crypto: The Future of Capitalism? Armstrong contends that crypto can usher in a new chapter…
Several companies are jumping into the crypto ETF game, filing applications for funds tracking some pretty interesting assets. ETFs for Memecoins and Major Cryptos REX Shares and Osprey have submitted paperwork for exchange-traded funds (ETFs) covering a range of cryptocurrencies, including the memecoins TRUMP, BONK, and DOGE, along with the big players like Bitcoin (BTC),…
After Donald Trump’s inauguration, Dogecoin saw a huge jump in activity. While the whole crypto market is doing well, Dogecoin showed something really interesting. High-Value Transactions Explode Crypto analyst Ali Martinez, using data from Santiment, noticed a massive increase in Dogecoin transactions over $1 million. In just 24 hours, there were 588 of these huge…
Bitcoin had a wild weekend! Prices surged past $108,000, hitting a new record high of $109,350, before a quick dip to $99,400. This rollercoaster left everyone wondering what’s next. What the Experts Say Analyst Axel Adler looked at a key metric called Net Unrealized Profit/Loss (NUPL) for Bitcoin miners. This basically shows whether people are…
El Salvador just bought another 11 Bitcoin! This brings their total Bitcoin holdings to a whopping 6,044 BTC, worth around $610 million. This bold move comes despite pressure from the International Monetary Fund (IMF). A Deal with Strings Attached El Salvador recently secured a $1.4 billion loan from the IMF. But, there were conditions. The…
Economist Alex Krüger believes the launch of the TRUMP memecoin signals a major shift in how crypto is used. He claims it’s ushering in “a new paradigm of capital formation via crypto.” Billions Raised, Innovation Sparked? Krüger points to the billions of dollars raised in just days after the TRUMP coin’s release as evidence. He…
Balaji Srinivasan, a former Coinbase executive, thinks Donald Trump should give away his new “TRUMP” memecoin to his supporters. He believes this would create a stronger bond between Trump and his base. The Alignment Problem Srinivasan argues that there’s a disconnect between Trump and his supporters. He uses the analogy of a company CEO and…
A well-known crypto analyst, Bluntz, is suggesting that the current bull market might be nearing its peak. While some individual cryptocurrencies still show bullish signs, Bluntz believes the overall market is showing signs of topping out. Bitcoin’s Potential Peak Bluntz uses Bitcoin (BTC) as a prime example. He analyzes BTC’s price action through the lens…
