Bitcoin on the Rise? A popular crypto analyst thinks Bitcoin could be about to make a big move upwards. He says it might be forming a pattern that suggests a potential surge to $64,000, which would be a 7% increase from its current price. Solana Warning But things aren’t looking so good for Solana. The…
Pump.fun, a platform on Solana that lets users create and trade meme coins, is making a lot of money. In fact, it’s raking in more fees than some of the biggest platforms on Solana and even Ethereum! Pump.fun Outperforms Ethereum and Other Blockchains In just one day, Pump.fun generated over $5.3 million in fees. That’s…
Get ready for a major shift in the Bitcoin world! US-based ETFs are on track to become the biggest Bitcoin holders, even surpassing the legendary Satoshi Nakamoto, the anonymous creator of Bitcoin. This is a huge deal and shows just how much interest big institutions are taking in crypto. The Rise of Institutional Bitcoin Analyst…
Bitcoin’s liquidity is getting fragmented, meaning that the amount of Bitcoin available for trading is unevenly spread across different exchanges. This can lead to price discrepancies, especially on exchanges with less liquidity. What’s the Big Deal? Imagine you’re trying to buy a rare collectible. If only a few people are selling it, the price can…
Rumors Swirl The crypto world was buzzing with speculation after Elon Musk hinted about meeting with Donald Trump at a friend’s ranch in Wyoming. Cardano founder Charles Hoskinson, known for his friendly demeanor, commented on the ranch’s ambiance, fueling the fire. Many thought the ranch belonged to Hoskinson, especially after a Cardano community member asked…
Marathon, a big player in the Bitcoin mining game, is getting ready to spend a whole lot of money on buying more Bitcoin. They’re planning to raise $250 million by selling bonds, which they’ll use to add to their already impressive Bitcoin stash. Marathon is the second-largest publicly traded company holding Bitcoin, with 20,000 BTC…
A former Goldman Sachs executive, Raoul Pal, believes that artificial intelligence (AI) will soon be using cryptocurrency to make transactions. He thinks that AI agents, which are basically computer programs that can perform tasks, will need to use crypto to pay for things like electricity and computing power. Why Crypto for AI? Pal argues that…
Bitcoin exchange-traded funds (ETFs) are seeing a huge surge in popularity, with over $19 billion flowing into them this year. That’s according to Bloomberg ETF analyst Eric Balchunas, who calls this a “surprisingly strong” trend. Institutional Investors Are Driving the Trend Balchunas believes this is a major sign of Bitcoin’s success, especially with Grayscale’s GBTC…
Crypto analyst Benjamin Cowen believes that altcoins are poised to outperform Bitcoin in the coming months. He points to a recession indicator that suggests the Federal Reserve will soon loosen monetary policy. Why Altcoins Might Shine Cowen, who has over 800,000 YouTube subscribers, highlights the Sahm Rule Recession Indicator. This indicator signals a potential recession…
Bitcoin miners are an important part of the cryptocurrency ecosystem. They use powerful computers to solve complex math problems, which allows them to add new blocks to the Bitcoin blockchain and earn rewards in the form of Bitcoin. However, miners sometimes sell their Bitcoin to cover costs or take profits. Miners Are Selling Less Bitcoin…
