Bitcoin is making a comeback, but it’s still a bit shaky. Prices are holding steady, but there’s a lot of uncertainty. If the bulls can push through and break the $70,000 mark, things could get really interesting. New Investors Are Jumping In A recent price surge from $57,000 to $69,000 attracted a lot of new…
Bitcoin’s on-chain activity is showing signs of life, which could be a good sign for the cryptocurrency’s price. More People Are Using Bitcoin A metric called “Circulation” tracks the number of unique Bitcoin tokens moving on the blockchain each day. This is a better indicator of real activity than just looking at the total amount…
Shiba Inu, the popular meme coin, has been struggling lately. But recently, some key metrics have started to look good, hinting at a possible turnaround. Positive Signs for Shiba Inu Large Transactions Up: The number of big transactions (over $100,000) on the Shiba Inu network has exploded by a whopping 430%! This suggests strong interest…
The Terra blockchain recently suffered a major security breach, resulting in the theft of around $5 million in cryptocurrencies. What Happened? The attack exploited a vulnerability in the blockchain’s Inter-Blockchain Communication (IBC) system, which allows different blockchains to communicate with each other. Here’s the breakdown: The Exploit: A malicious contract was deployed on the Terra…
Rich Dad Poor Dad author Robert Kiyosaki is sounding the alarm about California’s financial situation, claiming the state is “going broke” and that other states will likely face similar problems. Kiyosaki, who has a large following on social media, warns that California’s economic struggles could lead to devastating cuts in public services. He believes the…
Crypto billionaire Mike Novogratz is making some bold predictions about what’s going to happen in the crypto world after the US election. He thinks things are about to get a lot more friendly for crypto, with less harsh regulations and more support from the government. Regulation Gets a Makeover Novogratz believes that after the election,…
The US government has moved over 29,000 Bitcoin (BTC) worth a whopping $2 billion, originally seized from the Silk Road, a dark web marketplace. Where’s the Bitcoin Going? The government split the Bitcoin into two separate transactions: 10,000 BTC to one address and 19,800 BTC to another. Experts believe the government is likely moving the…
A prominent financial expert, Luke Gromen, believes the next US president has a powerful tool to fight inflation: Bitcoin. A Bitcoin-Backed Treasury Bond? Gromen suggests issuing long-term Treasury bonds with a twist: a Bitcoin kicker. This means investors would receive a portion of their return in Bitcoin, alongside the traditional interest payments. Why Bitcoin? Gromen…
A US senator is pushing for Bitcoin to thrive in the US, believing it can be a major force for economic growth. Bitcoin Needs to Grow in the US Senator Bill Hagerty, a known crypto supporter, believes Bitcoin has the potential to drive economic growth. He’s calling on lawmakers to create laws that encourage the…
Bitcoin is making waves in the financial world, and things are looking good for the future, especially in the US. According to analyst Mike Colonnesse, there are several factors pointing towards a bright future for Bitcoin and the mining industry. Trump’s Crypto Agenda: A Boost for Bitcoin? Former President Donald Trump has been vocal about…
