Anthony Scaramucci, the founder of SkyBridge Capital, is bullish on Bitcoin. He believes the cryptocurrency could reach a whopping $100,000 by the end of the year. Why Scaramucci is Bullish Scaramucci sees the recent dip in Bitcoin’s price as a temporary setback. He points to a few factors that could drive Bitcoin back up: The…
Cathie Wood, CEO of Ark Invest, is still bullish on Bitcoin, despite recent price dips. She believes the current bull market is only halfway through, and the price of Bitcoin could go parabolic in the future. Why is Wood so confident? Wood points to several factors that could drive Bitcoin’s price higher: Institutional adoption: The…
Cardano, the popular blockchain platform, is making a big push into the gaming world with the release of Chronoshot, a sci-fi shooter game. Chronoshot: Time is of the Essence Chronoshot is a unique game where time only moves when the player does. This means you have to carefully plan your shots and movements, making for…
Bitcoin miners are a crucial part of the Bitcoin network, and their actions can provide insights into the future of the market. Ki Young Ju, founder of the analytics platform Cryptoquant, has been closely watching miner behavior and believes they are currently in a capitulation trend. What is Miner Capitulation? Capitulation is when miners surrender…
The German government has been selling off its Bitcoin holdings, and it’s causing a stir in the crypto world. Thousands of Bitcoin Sold The government, through the Bundeskrimanalamt (BKA), has been steadily selling off its Bitcoin, with the latest move seeing over 6,306 BTC transferred. This amounts to roughly $362 million worth of Bitcoin. The…
Crypto whales, those big-time investors, have been snapping up a ton of Chainlink (LINK), a cryptocurrency that runs on the Ethereum network. One analyst, Ali Martinez, says they bought over $76 million worth of LINK in just one week! Martinez is worried that this might be a bad sign for LINK. He thinks that LINK…
Regulated stablecoins are on the rise, and Circle’s USDC is leading the pack. According to crypto analytics firm Kaiko, USDC is seeing the most demand among regulated stablecoins. This is partly because Circle recently announced that USDC and EURC would comply with European crypto regulations. Since then, both stablecoins have seen a big jump in…
A well-known crypto analyst is predicting that Bitcoin (BTC) could skyrocket to six figures, but other cryptocurrencies (altcoins) might get stuck in the mud. Altcoins in Trouble? DonAlt, a popular crypto strategist, thinks many altcoin projects are in trouble. He told his 569,900 followers on X (formerly Twitter) that he’s not optimistic about their future….
A popular crypto analyst thinks Bitcoin (BTC) could be about to turn things around after a big drop in price. This analyst, who goes by the name Rekt Capital, told his 482,500 followers on social media that BTC is showing signs of getting stronger. Bitcoin Finding Support Rekt Capital says that Bitcoin’s recent price drop…
Bitcoin has been on a downward trend lately, and everyone’s trying to figure out why. While some blame the German government selling off some of its Bitcoin holdings and the upcoming Mt. Gox distributions, there might be a bigger culprit: paper Bitcoin. What is Paper Bitcoin? Paper Bitcoin refers to derivatives products related to Bitcoin….
