Institutional investors are piling into cryptocurrencies, with a massive $3.2 billion flowing into investment products last week alone, according to CoinShares. Record-Breaking Inflows This brings the total for the year to a staggering $44.5 billion—more than four times any previous year. This marks the tenth consecutive week of inflows. The report also highlights that weekly…
Forte has released a new open-source tool called the Forte Rules Engine, designed to help developers build safer and more stable blockchain applications. This tool allows developers to create custom rules and safeguards directly on the blockchain. Building Safer Blockchain Apps The Rules Engine lets developers set up rules to prevent things like: Market manipulation:…
A crypto analyst is reporting a huge amount of Bitcoin (BTC) has left exchanges recently. Bitcoin Exodus Analyst Ali Martinez says nearly $4 billion worth of Bitcoin was withdrawn from exchanges during the second week of December. This is based on data from CryptoQuant, showing a significant drop in the total amount of BTC held…
South Korea’s stock exchange chief is urging the country to get serious about crypto. He says they need to quickly create a proper regulatory framework for digital assets to stay competitive. A Call for Crypto Institutionalization Jeong Eun-bo, head of the Korea Exchange, thinks South Korea is falling behind. He argues that the crypto market…
The UK’s financial watchdog, the FCA (Financial Conduct Authority), is proposing some big changes to how crypto is handled in the country. They’ve put out a document asking for opinions on new rules, and one of the biggest is a possible ban on most public crypto offerings. Cracking Down on Public Crypto Sales The FCA’s…
Big money is pouring into Bitcoin, and that’s a strong signal for the cryptocurrency’s future. Whale and Shark Wallets Are Growing Data shows a significant increase in Bitcoin wallets holding 100 BTC or more. We’re talking about serious investors – “sharks” and “whales” – who hold millions of dollars worth of Bitcoin. Over the past…
Bitcoin just hit a new all-time high of $106,533! This incredible surge has everyone talking. But what’s driving this latest price explosion? The Coinbase Premium Mystery For weeks, Bitcoin’s price increases have been linked to a rising “Coinbase premium.” This means Bitcoin was more expensive on Coinbase (a major US exchange) than on other exchanges,…
Crypto analyst Benjamin Cowen is predicting a rough patch for Solana (SOL) holders, drawing parallels to Ethereum’s (ETH) past performance. He believes SOL’s price against Bitcoin (SOL/BTC) is following a similar pattern to ETH/BTC years ago. Solana’s Price Pattern: A Repeat of Ethereum’s History? Cowen, in a recent YouTube interview, highlighted a striking resemblance between…
Investor Luke Gromen, a prominent macro analyst, argues that the US might need to seriously consider Bitcoin as a neutral reserve asset. He believes the US faces a national security crisis following events in Ukraine, suggesting a shift away from the current fiat currency system is necessary. The Dollar’s Weakness and the Rise of Bitcoin…
The crypto world is buzzing with excitement as 2024 approaches! Two major events are fueling talk of a massive “Santa Rally”: Ethereum potentially hitting $5,000, and a new, crypto-friendly SEC chair. Ethereum’s Potential $5,000 Rally Ethereum (ETH), currently trading around $3,900, is showing serious strength. Analysts predict it could reach $5,000 before the end of…
