The German government has been selling off its Bitcoin holdings, and it’s causing a stir in the crypto world. Thousands of Bitcoin Sold The government, through the Bundeskrimanalamt (BKA), has been steadily selling off its Bitcoin, with the latest move seeing over 6,306 BTC transferred. This amounts to roughly $362 million worth of Bitcoin. The…
Crypto whales, those big-time investors, have been snapping up a ton of Chainlink (LINK), a cryptocurrency that runs on the Ethereum network. One analyst, Ali Martinez, says they bought over $76 million worth of LINK in just one week! Martinez is worried that this might be a bad sign for LINK. He thinks that LINK…
Regulated stablecoins are on the rise, and Circle’s USDC is leading the pack. According to crypto analytics firm Kaiko, USDC is seeing the most demand among regulated stablecoins. This is partly because Circle recently announced that USDC and EURC would comply with European crypto regulations. Since then, both stablecoins have seen a big jump in…
A well-known crypto analyst is predicting that Bitcoin (BTC) could skyrocket to six figures, but other cryptocurrencies (altcoins) might get stuck in the mud. Altcoins in Trouble? DonAlt, a popular crypto strategist, thinks many altcoin projects are in trouble. He told his 569,900 followers on X (formerly Twitter) that he’s not optimistic about their future….
A popular crypto analyst thinks Bitcoin (BTC) could be about to turn things around after a big drop in price. This analyst, who goes by the name Rekt Capital, told his 482,500 followers on social media that BTC is showing signs of getting stronger. Bitcoin Finding Support Rekt Capital says that Bitcoin’s recent price drop…
Bitcoin has been on a downward trend lately, and everyone’s trying to figure out why. While some blame the German government selling off some of its Bitcoin holdings and the upcoming Mt. Gox distributions, there might be a bigger culprit: paper Bitcoin. What is Paper Bitcoin? Paper Bitcoin refers to derivatives products related to Bitcoin….
The Shiba Inu project has always been shrouded in mystery, with its founder, Ryoshi, remaining anonymous. Now, the lead developer, Shytoshi Kusama, is hinting at a similar exit strategy. A Tour and a Conference, Then Goodbye? Kusama recently announced that he plans to step down from his role after completing a few key projects. These…
Australia’s stock market is embracing Bitcoin! The Australian Securities Exchange (ASX) has just approved a second Bitcoin ETF (exchange-traded fund), bringing the total number of Bitcoin ETFs in the country to four. DigitalX Joins the Bitcoin ETF Party DigitalX, a Sydney-based asset manager, is behind the latest Bitcoin ETF, called BTXX. It’s set to start…
Bitcoin has been on a wild ride lately. After a big drop last week, it’s trying to find its footing, but it’s still stuck in a downward trend. To break out of this slump, Bitcoin needs to close above $60,000. Otherwise, the bears will keep calling the shots. A Glimpse of Hope: The Puell Multiple…
The German government is making waves in the crypto world, moving over $1 billion worth of Bitcoin in just one day. This massive transaction has crypto traders buzzing, wondering what’s going on. Where’s the Bitcoin Going? According to blockchain sleuths, the government sent thousands of Bitcoin to various crypto exchanges and market makers, including Kraken,…
