Bitcoin exchange-traded funds (ETFs) are seeing a huge surge in popularity, with over $19 billion flowing into them this year. That’s according to Bloomberg ETF analyst Eric Balchunas, who calls this a “surprisingly strong” trend. Institutional Investors Are Driving the Trend Balchunas believes this is a major sign of Bitcoin’s success, especially with Grayscale’s GBTC…
Crypto analyst Benjamin Cowen believes that altcoins are poised to outperform Bitcoin in the coming months. He points to a recession indicator that suggests the Federal Reserve will soon loosen monetary policy. Why Altcoins Might Shine Cowen, who has over 800,000 YouTube subscribers, highlights the Sahm Rule Recession Indicator. This indicator signals a potential recession…
Bitcoin miners are an important part of the cryptocurrency ecosystem. They use powerful computers to solve complex math problems, which allows them to add new blocks to the Bitcoin blockchain and earn rewards in the form of Bitcoin. However, miners sometimes sell their Bitcoin to cover costs or take profits. Miners Are Selling Less Bitcoin…
Crypto’s Political Landscape is Heating Up Vivek Ramaswamy, a former Republican presidential candidate, thinks Vice President Kamala Harris might be about to join the pro-crypto camp. He believes that she’ll need to take a clear stance on digital assets to win over crypto voters. This prediction comes at a time when both major political parties…
The crypto world is always changing, with new opportunities popping up all the time. Ripple (XRP), once considered a big deal for cross-border payments, is facing some doubts from investors. While Ripple is trying to become a global currency with things like the RLUSD stablecoin, some investors are looking for something different. They’re turning to…
The crypto market is a wild ride, and even established coins like XRP are feeling the heat. With XRP’s price struggling and investors getting nervous, many XRP holders are looking for new ways to make money. Enter MPEPE, a meme coin built on Ethereum that’s catching the eye of savvy investors. XRP: Facing a Rough…
Bitcoin (BTC) could be in for a rough ride if it drops below $53,500, according to crypto analyst Jason Pizzino. Pizzino, who has a large following on YouTube, says that this price level is a crucial support point for Bitcoin. If it breaks through, it could signal a bearish shift in the market and lead…
A Canadian crypto exchange founder is in hot water after being accused of using customer funds for online gambling. David Smillie, the founder of ezBtc, allegedly gambled away over $9.5 million in customer money on betting sites like FortuneJack and CloudBet. Millions Disappear into Betting Accounts The British Columbia Securities Commission (BCSC) found strong evidence…
The city of Columbus, Ohio has been targeted by a major cyberattack, leaving city servers disrupted and potentially compromising sensitive data. City Servers Down, Data Potentially Compromised The attack, believed to be orchestrated by the ransomware group Rhysida, has caused significant damage to the city’s IT infrastructure. While officials were able to prevent encryption of…
A popular crypto analyst is sounding the alarm about Bitcoin’s future. Altcoin Sherpa, who has over 200,000 followers on social media, says Bitcoin’s recent price dip below $60,000 could be a sign of bigger trouble to come. Bitcoin’s Fate Hinges on $58,000 According to Sherpa, Bitcoin’s next move will determine its fate. If it can…
