September wasn’t great for Bitcoin miners. Even though the network’s security is getting stronger (more miners are joining in), their profits took a hit. Here’s the breakdown: Less money for miners: The amount of Bitcoin miners earned per unit of computing power dropped by 2.6% compared to August. More miners: The network’s hashrate (total computing…
A popular crypto analyst, known as The Crypto Dog, is predicting some big moves in the crypto market. He’s particularly bullish on Sui (SUI), a new blockchain platform that’s been seen as a competitor to Solana. Sui (SUI) Could See a “Parabolic” Rise The Crypto Dog believes Sui is poised for a huge surge after…
The Ethena community, which runs a stablecoin called USDe, is thinking about adding Solana to the assets backing their coin. They want to use Solana in a similar way they already use Bitcoin and Ethereum. Solana as a Reserve Asset The proposal suggests using Solana perpetual futures, which are like contracts that allow people to…
Financial expert Luke Gromen is predicting a big drop in the value of the US dollar. He thinks the US government’s financial situation is so bad that the Federal Reserve is stuck with low interest rates, even though inflation is still a problem. Why the Dollar Might Fall Gromen says the government is basically forced…
Dogecoin Rival Poised for Breakout Henrik Zeberg, a well-known market analyst, is predicting a big surge for a Dogecoin rival called dogwifhat (WIF). He believes WIF could skyrocket beyond $3.10, based on its recent price action. Zeberg, who has over 150,000 followers on X (formerly Twitter), says WIF is showing strong signs of a breakout….
Elon Musk’s successful Starship test launch on October 14th sent a wave of excitement through the crypto world, causing a surge in the value of cryptocurrencies named after SpaceX. Cryptocurrencies Soar After Starship Launch The most notable gainer was SPACEX, a token on PancakeSwap, which skyrocketed by a whopping 5,824% in 24 hours. Another SpaceX-themed…
Solana’s meme coins are having a moment, and they’re not just playing around. They’re actually gaining serious ground, even challenging the big names like Dogecoin and Cardano. The Solana Meme Coin Surge Over the past year, tons of meme coins have been popping up on Solana, especially after the network bounced back from a rough…
Get ready for a potential 7,000% price surge! A Bitcoin analyst is predicting huge gains for ETFSwap (ETFS) tokens in October. But what makes this platform so special? ETFSwap: Bridging the Gap Between DeFi and Traditional Finance ETFSwap is shaking things up by bringing traditional assets like stocks, bonds, and ETFs to the blockchain. This…
Bitcoin’s Supply is Getting “Stuck” A recent trend in Bitcoin is causing a stir: more and more Bitcoin is being held by investors who aren’t selling. This is known as the “illiquid supply” and it’s reaching record levels. What is Illiquid Supply? Think of it like this: imagine you have a bunch of coins in…
A new memecoin called SPX6900 has exploded onto the crypto scene, skyrocketing into the top 100 cryptocurrencies by market cap. This coin, which references the S&P 500 index, has seen a staggering 4,978% increase in value over the past month. From Penny Stock to Top 100 Just a month ago, SPX was trading at a…
