Abra CEO Bill Barhydt believes Bitcoin (BTC) holds the key to solving a centuries-old problem: the debasement of fiat currencies. Historical Betrayal of Trust Barhydt explains that throughout history, powerful nations have built their empires on sound monetary policies. However, they have often betrayed their people’s trust by resorting to currency devaluation. “After World War…
Economist Henrik Zeberg predicts a surge in the altcoin market, driven by euphoria and speculation. Euphoric Bull Run Zeberg analyzed the TOTAL-ETH-BTC chart, which measures the market cap of crypto assets excluding Bitcoin and Ethereum. He believes it’s on track to reach a “euphoria” level near $1.83 trillion. Central Bank Interest Rates Zeberg suggests that…
A prominent crypto analyst predicts a significant surge in Bitcoin (BTC) within the next seven to ten days. Potential Dip Before Breakout The analyst, known as Credible, suggests that BTC may experience a brief dip to around $62,000 before triggering a parabolic rally. He believes this correction is necessary to clear out any remaining selling…
Despite regulatory challenges and controversies, Binance, the world’s largest cryptocurrency exchange, has reached a significant milestone. Unwavering Growth Binance has announced that it has surpassed 200 million users, solidifying its dominance in the crypto industry. This growth comes despite facing intense scrutiny from regulators worldwide. Weathering the Storm Binance has faced a barrage of regulatory…
Rumors Quashed Ripple’s Chief Technology Officer (CTO), David Schwartz, has dismissed rumors that the company is considering ditching its association with XRP. These rumors had been circulating after a misunderstanding about Schwartz’s cover photo on Twitter. Schwartz clarified that the lines in his cover photo were part of a fictional movie pitch and did not…
South Korea’s Financial Services Commission (FSC) has stepped into the NFT arena with new regulations. These guidelines aim to clarify the NFT market and protect investors while encouraging innovation. Fungibility: The Key Concept The FSC’s approach focuses on fungibility, the ability of NFTs to be exchanged for identical ones. NFTs that are mass-produced and act…
Ethereum Gas Fees: A Pain Point The debate over Ethereum gas fees has been a hot topic in the crypto world. Uniswap founder Hayden Adams recently shared his thoughts on the matter. Adams’ Vision: Gas Fees Be Gone Adams believes that gas fees should be a thing of the past. He argues that they shouldn’t…
Undervalued Altcoin: Mythos (MYTH) Analyst Inmortal believes Mythos is undervalued due to its strong fundamentals, including: Exclusive NFT marketplace approved by the App Store Partnership with popular NFT project Pudgy Penguins GameFi’s growing narrative as the next big trend Bullish Signals for MYTH: Consecutive higher lows Price above its 200-day moving average Deviation setup with…
Liquidity According to Kaiko Analytics, Binance remains the leader in crypto exchange liquidity. The firm’s ranking considers factors such as trading volume, market depth, and execution risk. Binance ranked first in liquidity, followed by Bybit and Coinbase. This indicates that Binance offers superior trading conditions with reduced slippage and execution risk. Additional Factors While Binance…
Data Breach CoinGecko, a cryptocurrency data aggregator, has reported a data breach involving its third-party email platform, GetResponse. On June 5th, an attacker accessed customer accounts using stolen employee credentials. Exposed Data The breach exposed user data including: Names Email addresses IP addresses Email open locations Account sign-up dates Subscription plans Phishing Emails The attacker…
