The crypto world took a nosedive recently, with Bitcoin and Ethereum leading the charge. Prices plummeted, causing a ripple effect across the entire market. What Triggered the Crash? The main culprit? A bankrupt crypto lender called Genesis Global Capital. They’re finally paying back their creditors after a three-year wait, and they’re doing it by handing…
Senator Cynthia Lummis, a known crypto enthusiast, has proposed a groundbreaking bill that could make the US government a major player in the Bitcoin world. The Bitcoin Reserve Bill: A Big Bet on Bitcoin Lummis’s bill, known as the “Strategic Bitcoin Reserve Bill,” would direct the US Treasury to buy 1 million Bitcoins over the…
Jeremy Allaire, CEO of Circle, the company behind the USDC stablecoin, believes that stablecoins will slowly but surely take over a significant portion of the global financial market. He compares this to the rise of online video streaming over traditional cable television, a shift that took decades to fully materialize. Stablecoins: A New Era of…
Coinbase, the popular cryptocurrency exchange, has added support for Stader (SD), a platform that lets you earn rewards by staking your crypto assets. This means you can now buy, sell, and trade SD on Coinbase.com and the Coinbase mobile app. Stader’s Journey Stader initially focused on the Terra blockchain but expanded to other networks after…
Big investors are getting ready to buy altcoins, according to CryptoQuant CEO Ki Young Ju. Ju, who has a big following on social media, says whales are placing orders to buy altcoins at specific prices on centralized exchanges. This is a sign that they’re expecting altcoins to rise in value soon. Why are whales using…
A popular crypto analyst believes Bitcoin is poised for a big jump. The Crypto Dog, who has over 800,000 followers on social media, thinks Bitcoin could break through $65,000, triggering a wave of buying from traders who have been sitting on the sidelines. Bitcoin Breakout Could Trigger FOMO “If Bitcoin breaks above $65,000, it’s going…
Ethereum’s price has been on a downward slide for a while now, and things haven’t gotten any better since the launch of spot ETH ETFs in the US. Big Money Leaving the Grayscale Ethereum Trust One of the biggest reasons for the slump could be the massive amount of money flowing out of the Grayscale…
A Bitcoin reserve? Yes, please! That’s what over 2,200 people are telling US senators. In just 48 hours, they sent letters urging senators to support the proposed Bitcoin Strategic Reserve bill. What’s the deal? This bill, proposed by Senator Cynthia Lummis, would have the US government buy one million Bitcoins, about 5% of the total…
A crypto analyst, CrediBULL Crypto, shared his thoughts on the future of Pepe (PEPE), Ethereum (ETH), and XRP. Let’s dive into his predictions. Pepe’s Potential CrediBULL Crypto believes Pepe could be on the verge of a rally. Despite the overall crypto market downturn, Pepe has held its ground. He thinks it could surge to take…
The Islamic State (IS) is now pushing for cryptocurrency use to fund its operations, but with a catch: they want it to be Sharia-compliant. A Shift in Strategy This is a surprising change because Sharia law, the Islamic religious law, has traditionally been against cryptocurrency. The UN’s latest report reveals that IS associates are demanding…
