Bitcoin has been on a wild ride lately. It’s been booming, gaining over 300% since the start of 2023, and even hitting a new all-time high of $73,750 in March 2024. But things have taken a turn recently. A Dip Below the 200-Day SMA Bitcoin’s price has dipped below its 200-day Simple Moving Average (SMA)….
After years of legal battles, Ripple finally settled with the SEC. Many XRP fans thought this would send the price to the moon, but it hasn’t happened. One crypto commentator, “Max Prime,” has even called XRP the biggest scam in crypto. Max Prime’s Harsh Words Max Prime, a popular figure on X (formerly Twitter), took…
Crypto expert Michaël van de Poppe thinks the crypto market is about to bounce back after a long slump. He says September is usually a good month for crypto, and he’s seeing signs that altcoins are ready to explode. Altcoins Poised for Breakout Van de Poppe says the altcoin market, represented by TOTAL3, is showing…
DeFi veteran Arthur Cheong believes that big-money investors are piling into Aave, a well-established DeFi lending platform. Cheong, who has a large following on social media, noticed that millionaire wallets are buying up AAVE tokens. This is happening at the same time that the amount of AAVE available on crypto exchanges is dropping. Cheong sees…
Elon Musk, the billionaire CEO of Tesla and SpaceX, thinks he knows the main reason behind rising prices in the US: the government is spending way more money than it earns. Musk’s Take on Inflation Musk says the government is simply printing more money to cover its huge budget deficit, which is leading to inflation….
Dan Morehead, the CEO of Pantera Capital, believes that the younger generation is forcing both political parties to embrace cryptocurrency. He argues that the Federal Reserve’s policies have primarily benefited older Americans, leaving younger generations behind. Younger Voters, Bigger Influence Morehead points out that the majority of Americans are under 40 and they are increasingly…
Shibarium, the layer-2 scaling solution for the Shiba Inu ecosystem, celebrated its first birthday this month. Launched in August 2023, Shibarium aimed to bring more utility and real-world use cases to the Shiba Inu ecosystem. A Year of Milestones Since its launch, Shibarium has achieved some impressive milestones: Millions of Transactions: Shibarium has processed over…
Donald Trump, the former president who once called cryptocurrencies a “scam,” has had a major change of heart. He’s now a big investor in crypto, with over $1 million in Ethereum alone. This shift in his financial portfolio reflects a broader transformation in his views on the crypto world. A Change of Heart Trump was…
BlackRock, the world’s biggest money manager, has become the king of crypto ETFs, surpassing Grayscale in terms of assets under management (AUM). BlackRock’s Dominance BlackRock’s two crypto ETFs, IBIT (Bitcoin) and ETHA (Ethereum), hold a whopping $21.2 billion in crypto assets. This is just slightly more than Grayscale’s four ETFs, which hold $21.2 billion. However,…
The DeFi altcoin Curve (CRV) is having a great week, surging 30% while the rest of the crypto market struggles. This jump comes after Curve announced a major cut in its emissions, a move that could make the coin more valuable. A Big Birthday for Curve Curve, a DeFi protocol that helps users swap between…
