German authorities just unloaded a record-breaking 16,000 Bitcoin in a single day, causing some serious price fluctuations. Big Sell-Off: German authorities have been selling off their Bitcoin stash, and Monday saw the biggest sell-off yet. They transferred over 16,000 Bitcoin to various exchanges, including Kraken, Bitstamp, and Coinbase. This massive sale was worth over $900…
Crypto investors are on high alert after a recent phishing scam impersonating Coinbase drained nearly $2 million from a user’s wallet. This scam appears to be connected to a 2022 data breach of the CoinTracker platform. The Scam A crypto investor received a call from someone claiming to be a Coinbase security representative named “David…
After a few weeks of investors pulling out of the crypto market, things have taken a turn. Last week saw a massive $441 million flowing back into crypto, suggesting that many see the recent dip as a buying opportunity. Bitcoin Leads the Charge, But Altcoins Gain Traction Bitcoin, as usual, attracted the most investment with…
A crypto analyst named Abmoon thinks Shiba Inu (SHIB) could be about to go on a wild ride. He’s predicting that the price could skyrocket to as high as $0.000165 in the next few years! Abmoon’s Predictions Abmoon has set six different price targets for SHIB, ranging from a modest 163% increase to a whopping…
Justin Sun, the founder of TRON, has announced that his team is working on a new way to transfer stablecoins without paying gas fees. Gas-Free Transfers Coming Soon The new service will initially launch on the TRON network later this year and will eventually expand to Ethereum and other EVM-compatible blockchains. Sun explained that the…
Crypto expert Meltem Demirors believes a new area of crypto, called decentralized physical infrastructure networks (DePINs), is about to explode. She thinks DePINs will give rise to dozens of multi-billion dollar companies in the future. What are DePINs? DePINs use blockchain technology to give individuals or companies control over physical infrastructure like internet access, data…
Bitcoin (BTC) might be stuck in a slump for a while longer, according to a popular crypto analyst. Bitcoin’s History Suggests a Long Downtrend Benjamin Cowen, a well-known crypto strategist, believes Bitcoin could be in a downtrend until September or October. He’s looking at past trends, specifically 2019, when Bitcoin took 202 days to break…
Bitcoin has been struggling lately, but one economist thinks it’s about to bounce back. Alex Krüger, a well-known figure in the crypto world, says there are several things on the horizon that could send Bitcoin prices soaring again. Why Bitcoin Might Be Down, But Not Out Krüger acknowledges that Bitcoin is facing some headwinds right…
Bitcoin has been on a downward trend recently, but some big players might be taking advantage of the dip. Whales Are Moving Bitcoin Off Exchanges Data shows that a huge amount of Bitcoin has been withdrawn from spot exchanges. This means that investors are taking their coins off the exchanges and storing them in their…
The crypto market is in a slump, with investors feeling increasingly pessimistic. The Fear & Greed Index, a gauge of market sentiment, has been steadily declining for the past month, hitting its lowest point of the year. This drop mirrors the recent fall in Bitcoin’s price, which dipped below $53,000 last week. Fear Reigns Supreme…
