On-Chain Data Hints at Price Surge Analysts are keeping an eye on a specific metric called the UTXO Profit/Loss (P/L) Supply Ratio Momentum. This metric measures the profitability of short-term vs. long-term Bitcoin holders. In the past, significant spikes in this metric have been followed by major price rallies. With the metric currently on the…
Strategic Partnership with AIRian Shiba Inu has teamed up with AIRian, a social-fi community that promotes walking and running marathons. Shiba Inu’s lead developer, Shytoshi Kusama, is involved in this partnership and will serve as an advisor and lead air for the project. Fitness Revolution in the SHIB Ecosystem AIRian aims to bridge fitness and…
The legal battle between Ripple Labs and the SEC is nearing its climax as both sides prepare to submit their final briefs. Key Dates SEC’s opening brief: March 22 Ripple’s opposition brief: April 22 SEC’s reply brief: May 6 Discovery Extension and SEC’s Request Ripple received a one-week extension for discovery in February. The SEC…
Regrets and Missed Opportunities Peter Schiff, a well-known Bitcoin critic and gold advocate, has expressed his regrets for not investing in Bitcoin earlier. He admits that he missed out on the opportunity to make significant profits from the cryptocurrency’s rise. If given the chance to go back in time, Schiff says he would have invested…
Key Points XRP price has surged over 20% in recent hours. It has broken above a key resistance level and formed a bullish pattern. Analysts predict a potential rise towards $1 or even higher. The Ripple (XRP) price has been on a steady upward trend since the market downturn in March 2020. Despite a significant…
Planet ReFi, a platform combining blockchain, real-world assets, and celebrity endorsements for sustainability, has appointed Alex Avellamet as its Chief Marketing Officer (CMO). Soccer Expertise for Wider Reach Avellamet’s background in soccer, including player development and community outreach, aligns with Planet ReFi’s goal of reaching a broader audience. As a FIFA-recognized football agent, she brings…
Lif3, a multi-chain DeFi platform, has joined forces with BitGo, a leading custodian for digital assets. This partnership aims to enhance the security of DeFi assets for institutional investors. Enhanced Security Measures BitGo’s multi-signature technology will be used to secure custodial transactions and cold storage of Lif3 tokens, LSHARE tokens, and L3USD. This provides an…
The US government has once again targeted the crypto mining industry, sparking backlash from industry leaders and Senator Cynthia Lummis. 30% Tax Proposal Revived The Treasury Department’s 2025 revenue proposals include a revived plan to impose a 30% tax on crypto mining operations. This proposal was initially introduced a year ago but was later withdrawn….
South Africa’s Financial Sector Conduct Authority (FSCA) has granted 59 operating licenses to crypto businesses, a significant step towards regulating the industry in Africa’s most industrialized economy. Growing Interest in Crypto FSCA divisional executive Felicity Mabaso announced that they have received 355 license applications, with 262 still under review. This shows a growing interest in…
Upper Price Target of $337,000 On-chain analyst Willy Woo believes Bitcoin’s (BTC) current bull market is just getting started, with a potential upper price target of $337,000. Woo notes that Bitcoin’s current price of $71,633 is equivalent to $20,000 during the previous bull cycle. Fundamentals Point to Continued Bullish Trend Woo analyzes the Bitcoin Macro…
