A crypto analyst is warning XRP investors that big banks might be secretly manipulating the price of XRP. They’re allegedly doing this to buy up XRP cheaply before its price skyrockets. Banks’ Secret Plan? The analyst, Pumpius, claims that banks are spreading negative stories about Ripple (the company behind XRP) to scare retail investors into…
Bitcoin’s recent price surge has sent several key indicators into positive territory. One particularly interesting metric is the Spent Output Profit Ratio (SOPR) for long-term holders (LTHs). Long-Term Holders are Profiting Bitcoin’s price hitting new all-time highs means long-term holders are finally seeing some serious profits. The SOPR, which measures whether spent coins resulted in…
The SEC’s chair, Paul Atkins, recently announced that the agency informally considers Ethereum (ETH) a commodity, not a security. This is similar to their stance on Bitcoin. While this isn’t official policy yet (they’re still working on formal rules), it’s a huge relief for many investors. SEC’s Informal Stance on ETH Atkins stated that the…
A new Ethereum-based meme coin, Pepeto, is making waves. Its presale has already raked in over $5.5 million. Pepeto’s Big Plans Pepeto isn’t your average meme coin. It’s building a decentralized exchange (DEX) called PepetoSwap, along with a cross-chain bridge. This means users can trade cryptocurrencies quickly, securely, and without paying fees. The project aims…
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, is warning of an impending market crash. He believes that Bitcoin, gold, and silver are currently in a bubble and are poised for a significant price correction. Bubble Trouble Ahead? Kiyosaki shared his concerns on X (formerly Twitter), telling his millions of followers that…
PlayW3 is throwing a huge party for Web3 game creators, influencers, and community members with a brand-new $250 million partner fund! This isn’t just a promise; the fund is already active, doling out daily payouts via smart contracts based on user engagement. Think of it as a transparent, scalable reward system powered by blockchain. Early…
Jack Dorsey’s company, Block (formerly Square), is officially joining the S&P 500 index on July 23rd. This means it’s now considered one of the top 500 large companies in the US. Block’s Big Bitcoin Holdings Block is well-known for its payment services like Cash App, and it also offers a Bitcoin wallet. What’s really noteworthy…
Charles Hoskinson recently spent 14 minutes defending Input Output Global (IOG), Cardano’s founding company, against criticism from a large Cardano holder (“whale”). This whale, known only as “Generic Rational,” accused IOG of not delivering on promises and requesting excessive funding. Hoskinson’s Counterattack Hoskinson fired back, calling the accusations unfounded. He highlighted several key achievements, including…
Meme coins are back in a big way! After a bit of a slump, they’re surging thanks to the overall crypto market’s renewed confidence. The total value of all meme coins has jumped massively recently, showing just how much potential these hype-driven tokens have. But with so many new coins popping up, how do you…
Ether Reserve is going public! They’re merging with Dynamix Corporation, a special purpose acquisition company (SPAC), to list on the Nasdaq. This deal is expected to raise over $1.6 billion. The new company, called “The Ether Machine,” will be a huge player in institutional crypto investing. A Giant Pile of ETH The Ether Machine will…
