Crypto analyst Benjamin Cowen thinks Bitcoin might keep outperforming Ethereum, even if the much-anticipated Ethereum spot ETF gets approved. Ethereum’s Underperformance: Cowen says past predictions about Ethereum surpassing Bitcoin haven’t come true. He points out that the Ethereum/Bitcoin price ratio has been dropping, despite all the hype surrounding Ethereum’s transition to a new system called…
A crypto analytics platform called Santiment is saying that two lesser-known cryptocurrencies, Ethereum Name Service (ENS) and Treasure (MAGIC), are ready to explode in value. ENS and MAGIC: Network Growth Signals Potential Breakout Santiment says that both ENS and MAGIC have seen a huge surge in network activity over the past 24 hours. This kind…
A well-known crypto analyst, known as DonAlt, is cautiously optimistic about Bitcoin’s future. He believes that if Bitcoin can break through a major resistance level at $60,000, it could climb back to its previous range of $60,000 to $70,000. This would create a good opportunity for further growth. Breaking Through the Wall DonAlt warns that…
A well-known crypto analyst, known as Bluntz, is warning that Bitcoin (BTC) could be in for a rough ride. He’s predicting that BTC could fall below $53,000, which would be a new five-month low. Bitcoin’s Recent Dip Bluntz says that Bitcoin’s recent pullback from near $60,000 is a bad sign. He’s using the Elliott Wave…
Justin Sun, the founder of the Tron blockchain, is doubling down on his commitment to building the network. This comes after a big win in court against the Chongqing Business Media Group in China. The media group had accused Sun of fraud, but the court ruled in his favor, finding the accusations false. A Long…
The internet is getting flooded with fake videos that look incredibly real, thanks to AI. These “deepfakes” can be used to spread misinformation or harm people’s reputations. To combat this, a group of US senators has proposed a new law called the COPIED Act. What is the COPIED Act? The COPIED Act wants to make…
The Shiba Inu team is gearing up to launch a major new project: the SHIB Marketplace. This decentralized platform promises to empower users and create a more equitable online experience. A Marketplace Built on Decentralization The Shiba Inu team, led by Lucie, the Marketing Lead, envisions a marketplace that puts power in the hands of…
The House of Representatives failed to overturn President Biden’s veto of a crypto measure aimed at blocking a controversial SEC rule. This vote highlights the ongoing debate over how to regulate the rapidly evolving digital asset landscape. The Battle Over SAB 121 The heart of the controversy lies in the Securities and Exchange Commission’s Staff…
Whale Goes Shopping A big-time crypto investor, known as a “whale,” just spent a whopping $4 million on Uniswap (UNI) and Aave (AAVE) tokens. They bought these tokens from the Kraken exchange after depositing a bunch of USDC (a stablecoin). This whale now holds a huge amount of both UNI and AAVE, showing they’re bullish…
Cryptocurrency trading platform BitMEX has admitted to breaking US laws designed to prevent money laundering. BitMEX’s Illegal Activities The US Department of Justice (DOJ) says BitMEX, founded in 2014, failed to put in place proper systems to stop money laundering. The company, along with its executives, were accused of: Ignoring US laws: They didn’t register…
