Grayscale, a major player in the crypto world, is trying to transform its Solana Trust into an exchange-traded fund (ETF). This move would make it easier for investors to buy and sell Solana (SOL) through a more regulated channel. A Big Move for Solana The filing with the SEC marks a significant step. Grayscale’s Solana…
Bitcoin finally hit the $100,000 mark! This milestone, predicted by many analysts, was a big deal for the crypto world. But that wasn’t the only big news. The long-dormant Mt. Gox exchange also made a massive Bitcoin transfer. Bitcoin Hits a New High After a long wait, Bitcoin’s price finally blasted past $100,000, reaching a…
Dogecoin hasn’t hit its 2021 high yet, but some analysts are still super optimistic. They’re seeing similarities between Dogecoin and XRP’s price movements, predicting big gains for both. XRP’s Liquidity Could Fuel Dogecoin’s Rise One analyst, ProfessorAstrones, thinks money flowing out of XRP could push Dogecoin’s price way up. They pointed to a chart showing…
Bitcoin just blasted past $100,000! This surge, fueled by some pro-crypto appointments in the new administration, has sent ripples throughout the crypto world, especially for altcoins. Altcoin Interest Explodes Google searches for “altcoins” went absolutely bonkers at the end of November, hitting a record high. This mirrored the excitement surrounding the 2021 altcoin season. The…
John Deaton, a lawyer representing a huge number of XRP holders in a lawsuit against the SEC, isn’t happy about the new SEC Chair, Paul Atkins. He’s laid out four things he thinks Atkins needs to do right away. Deaton basically says if Atkins doesn’t make these changes, he’s not the right person for the…
Solana’s Recent Performance and Upcoming Potential Glassnode co-founders, Jan Happel and Yann Allemann (Negentropic), predict a significant price increase for Solana (SOL). They point out that while SOL recently hit a new all-time high, it’s underperformed compared to XRP and Cardano. However, they believe Solana’s robust ecosystem makes it primed for a comeback, potentially retesting…
Crypto expert Arthur Hayes believes Aptos, a Solana competitor, could become the go-to blockchain for initial coin offerings (ICOs). He points to Aptos’ incredibly low transaction fees as a key advantage. Cheap Transactions, Big Potential Hayes argues that the high transaction costs on blockchains like Ethereum in 2017 hampered many ICOs. He predicts that while…
Crypto analyst Benjamin Cowen is optimistic about Bitcoin’s price, suggesting it could climb further before 2024 ends. He bases this prediction on historical patterns following Bitcoin’s halving events (which occur every four years). Unemployment Rate: A Key Indicator? Cowen, who boasts a large YouTube following, highlights the US unemployment rate as a significant factor. He…
A mysterious Bitcoin wallet, inactive for over a decade, recently made a huge move, transferring over $257 million worth of Bitcoin. Eleven Years of Silence, Then BOOM! This dormant wallet, first noticed by crypto tracker Lookonchain, suddenly shifted 2,700 Bitcoin to a new wallet on Tuesday. The Bitcoin had been sitting there since December 2013,…
Could Dogecoin be on the verge of another massive price surge? A few crypto analysts think so. A 2021 Pattern Repeats Trader Tardigrade, a well-known crypto analyst, has noticed that Dogecoin’s current price action mirrors a bullish pattern from its 2021 bull run. This pattern, according to his analysis, previously led to a huge price…
