Someone just made a massive profit. 20,000 Bitcoin, untouched for 14 years, has suddenly been moved. This is a first in Bitcoin history! Ancient Bitcoin Awakens Crypto analyst Maartunn reported two huge Bitcoin transactions. A total of 20,000 BTC (two batches of 10,000) that had been dormant since April 2011 were moved. That’s over a…
Bitcoin dipped slightly below $109,000 last Friday, causing a minor ripple effect across the crypto market. This dip happened right as some significant activity shook things up. Dormant Bitcoin Wallets Awaken Two massive Bitcoin wallets, inactive for years, suddenly moved a combined 20,000 BTC – that’s roughly $2.18 billion! One wallet, holding 10,000 BTC bought…
Ethereum recently experienced a “golden cross,” a technical indicator usually signaling a price surge. However, this time was different. Instead of a bullish rally, the price remained flat, raising concerns. A Failed Golden Cross The golden cross happens when the 50-day moving average crosses above the 200-day moving average. While this previously led to an…
Bitcoin is bouncing around, trying to break past its all-time high of $112,000. While it’s shown strong upward momentum, it keeps hitting a wall. Let’s dive into what’s happening. Macroeconomic Factors at Play Recent positive news, like the passing of a major US bill and better-than-expected job numbers, has boosted investor confidence and risk appetite,…
JPMorgan’s top global strategist, David Kelly, is pouring cold water on the White House’s optimistic prediction of 3% US economic growth. He says the administration’s forecast just isn’t realistic. Why the Skepticism? Kelly, in a recent CNBC interview, pointed to several key factors hindering the achievement of such high growth. He argues that boosting productivity…
A well-known crypto analyst, Credible Crypto, predicts a massive Bitcoin price surge. He believes a breakout from its current trading range is imminent. Bitcoin’s Breakout Potential Credible Crypto, boasting a large following on X, states that the buying pressure on Bitcoin is intense. He anticipates a significant price increase once Bitcoin breaks out of its…
Billionaire investor Ray Dalio is sounding the alarm about a potential US financial crash. He believes political gridlock is preventing the necessary steps to fix the country’s massive debt problem. Political Roadblocks to Fiscal Responsibility Dalio argues that both Democrats and Republicans acknowledge the need to reduce the US deficit to 3% of GDP. However,…
Alex Krüger, a well-known economist and trader, is predicting a massive Bitcoin rally fueled by three key catalysts. He’s told his over 200,000 X followers to expect an “explosive” breakout. Three Catalysts for Bitcoin’s Rise Krüger points to three main factors driving his bullish prediction: The One Big Beautiful Act (OBBA): This upcoming US legislation,…
Tether, the big stablecoin company, and Adecoagro, a South American farming giant, are teaming up to mine Bitcoin using clean energy. Adecoagro will dedicate some of its renewable energy (230 megawatts!) to power Bitcoin mining operations. A Win-Win Situation? This is a smart move for both companies. Adecoagro gets a guaranteed buyer for its excess…
A former Bitcoin Core developer, Jeff Garzik, believes Bitcoin is here to stay, but he’s not convinced about the Lightning Network. He thinks it’s failing to meet user demand and hindering Bitcoin’s growth. Lightning Network: A Failed Scaling Solution? Garzik calls the Lightning Network a “failure,” pointing to its low adoption rate. After seven years,…
