Polygon, a popular blockchain scaling solution, might be on the verge of a price rebound, according to crypto analytics firm Santiment. Signs of a Reversal Santiment has observed a surge in active addresses and dormant coin movement on the Polygon network. These are often seen as indicators of a potential price increase. Rebranding and Polygon…
BlackRock’s iShares Bitcoin Trust (IBIT), a popular Bitcoin ETF, has seen money flowing out for the second time since it launched earlier this year. This is a bit unusual, as the ETF has generally been attracting investors. Outflows on the Rise On August 29th, IBIT saw $13.5 million leave its coffers. The last time it…
A woman in Ohio lost $6,000 after falling victim to a scam. The scammer, pretending to be from Huntington Bank, convinced her that a fraudulent transaction was about to happen. He then instructed her to withdraw cash from her account and deposit it into his Chase account. How the Scam Worked The scammer first told…
Ethereum, once known for its deflationary supply, is facing new challenges that are making some people question its future. Ethereum’s Inflation Problem A crypto analyst, Thor Hartvigsen, recently pointed out that Ethereum’s fee generation has been declining, especially since the introduction of “blobs” in March. Blobs allow Layer 2 (L2) solutions to bypass paying high…
Bitcoin investors are known for their unwavering commitment, and recent data shows just how strong that commitment is. Almost a third of all Bitcoin hasn’t been touched in over five years! This means a huge chunk of the cryptocurrency is held by investors who are incredibly confident in Bitcoin’s future. The Long-Term Holders (LTHs) These…
Dell Technologies recently released its Q2 2024 earnings report, and the crypto community was eagerly waiting to see if the company would be adding Bitcoin to its balance sheet. No Bitcoin for Dell (Yet) Despite some cryptic hints from Dell’s CEO, Michael Dell, on social media, the company confirmed that it has not purchased any…
The crypto market is buzzing with excitement about the next bull run, and savvy investors are looking for projects with huge potential. Two tokens that are catching the attention of top traders are PlayDoge (PLAY) and Mpeppe (MPEPE). PlayDoge: A Play-to-Earn Game with Big Ambitions PlayDoge (PLAY) has made a splash since its debut on…
A popular crypto analyst believes Bitcoin is about to skyrocket and hit a new all-time high. This analyst, known as Inmortal, predicts that Bitcoin could surpass its previous record of around $74,000 within the next four months. Bitcoin’s Potential Climb Inmortal expects Bitcoin to avoid dipping back down to the $49,000 range before reaching a…
A well-known crypto analyst, known as Bluntz, is predicting that Ethereum (ETH) has hit its lowest point for now. Bluntz, who correctly predicted the Bitcoin bottom in 2018, is now bullish on Ethereum. Ethereum’s Bullish Signs Bluntz believes that Ethereum is on the verge of a rebound, potentially reaching $2,850. He points to several indicators:…
A popular crypto analyst, Altcoin Sherpa, is predicting more bad news for Dogecoin (DOGE). He believes the memecoin could drop by over 10% from its current price, even after already losing more than 20% this month. Dogecoin’s Potential Drop Sherpa says he expects DOGE to fall to the $0.08 range. He sees key levels to…
