Bitcoin’s price has been dropping lately, losing over 10% in just one week. This downturn coincided with significant withdrawals from US Bitcoin ETFs, leading many to wonder if the ETFs were to blame. A Brief Reprieve? But last Friday, February 28th, things took a turn. US Bitcoin ETFs saw a net inflow of almost $100…
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” is once again stirring the pot, this time by calling the US dollar a “scam.” He’s urging people to ditch traditional banking and invest in Bitcoin, gold, and silver instead. The Dollar vs. Bitcoin: A Scam Showdown? Kiyosaki acknowledges that Bitcoin could be a scam, but…
Bitcoin’s recent activity has traders buzzing, with some key indicators hinting at a possible major market shift. Let’s dive into what’s happening. A Surge in Active Addresses A huge number of Bitcoin addresses were active recently—hitting 912,300 on February 28th. That’s a level not seen since December 16th, 2024, when Bitcoin was trading around $105,000!…
Donald Trump announced a plan to create a “Crypto Strategic Reserve” for the United States. This is a big deal for the crypto world. A Crypto Reserve? Trump’s plan, detailed in a recent executive order, involves including cryptocurrencies like XRP, Solana (SOL), and Cardano (ADA) in this reserve. He wants to make the US the…
Crypto investor Arthur Cheong is betting big on Solana. He’s holding onto his SOL tokens, predicting a significant price jump in the next few months. Holding onto Solana Cheong, head of DeFiance Capital, recently received unlocked SOL tokens from a deal with Galaxy Digital. Despite already making a profit (he bought at $64), he’s not…
A major data breach at Reading Cooperative Bank (RCB), a Massachusetts-based bank with $1.2 billion in assets, has exposed the sensitive information of 24,041 customers. How it Happened The breach, which occurred between August 8th, 2024, and January 31st, 2025, was caused by a phishing attack. A bank employee clicked a malicious link in a…
A seasoned crypto trader, known for accurately predicting past Bitcoin market peaks and troughs, believes Bitcoin (BTC) is nearing the end of its current downturn. Following the Yellow Brick Road (to $74,400?) This analyst, who goes by the pseudonym “Dave the Wave,” points to Bitcoin’s interaction with its 365-day simple moving average (SMA) as a…
Solana creator Anatoly Yakovenko recently stirred the crypto pot with some controversial comments about Bitcoin. He doesn’t see Bitcoin as having any real value, but rather as a kind of insurance policy. Bitcoin: Insurance Against Global Collapse? Yakovenko’s take is that Bitcoin is only useful if a major world power collapses. He figures there’s about…
Bitcoin’s recent price drop has everyone on edge. While some fear the bull run is over, interesting data suggests a potential turnaround might be near. The Current Situation: Below $90K and Feeling the Pressure Bitcoin is currently trading below $90,000. Many investors are worried we’ve seen the peak of this cycle, and the recent price…
The Swiss National Bank (SNB) has firmly rejected adding Bitcoin to its reserves. The bank’s president, Martin Schlegel, explained why. Too Risky, Too Volatile Schlegel’s main concern? Bitcoin’s wild price swings. He says Bitcoin doesn’t meet the SNB’s need for stable, reliable assets for managing the country’s money. The possibility of sudden, massive crashes makes…
