Senator Cynthia Lummis’s inquiry into the handling of Bitcoin seized from the Silk Road darknet market has been met with silence from the U.S. Marshals Service. The Marshals missed a January 31st deadline to respond to her questions. The Missing Millions (or Billions) Lummis’s letter demanded answers about the amount of Bitcoin held, the planned…
A popular crypto analyst, known as Kaleo, is predicting a significant upswing in the altcoin market following a recent correction. He believes the market is entering an “up only” phase. Bitcoin Dominance and Altcoin Outperformance Kaleo bases his prediction on the Bitcoin Dominance (BTC.D) chart, suggesting it has likely peaked. BTC.D measures Bitcoin’s share of…
Bitcoin’s open interest took a massive hit this weekend, dropping by a whopping $4.5 billion. This sent shockwaves through the market, leaving many Bitcoin bulls feeling the pinch. Let’s break down what happened and explore some differing opinions on what it all means. A Weekend of Losses Coinglass data revealed a significant drop in Bitcoin’s…
South Korea’s Bitcoin market is showing a strange trend. The “Kimchi Premium,” the difference between Bitcoin’s price in South Korea and the global price, just hit a three-year high of 12%! This is unusual, and it’s not what you’d expect. What’s the Kimchi Premium? Usually, a high Kimchi Premium means South Koreans are buying a…
The Shiba Inu cryptocurrency community is buzzing with accusations against its lead developer, Shytoshi Kusama. A popular SHIB burn tracker account, @shibburn, on X (formerly Twitter), has leveled serious allegations of fraud and misleading the community. The Allegations @shibburn, known for tracking SHIB burns, calls Kusama and his associates “scammers.” The account claims they manipulated…
Bitcoin took a nosedive recently, dropping over 14% in just a few days. This sudden drop freaked out a lot of investors, leaving them wondering what’s next. But a closer look at the data reveals a fascinating story. Big Players vs. Small Players While smaller investors were selling off their Bitcoin in a panic, the…
Pepe coin has taken a massive hit lately, dropping a whopping 67% from its all-time high. But is this the end, or just a temporary setback? A Pattern Emerges One analyst noticed something interesting: Pepe seems to follow a pattern. After each peak, it typically drops about 64% before bouncing back. This happened a few…
Quant analyst PlanB is making some bold predictions about Bitcoin’s future price. He believes Bitcoin is headed for some serious gains, potentially reaching a minimum of $270,000 by 2025. PlanB’s Prediction: Based on RSI PlanB’s prediction is based on his analysis of Bitcoin’s monthly Relative Strength Index (RSI). The RSI is a tool used to…
Arthur Hayes, the founder of BitMEX, is predicting a massive Bitcoin price surge, potentially reaching $1 million per coin. He believes this is driven by a fundamental shift in global economics. A World of Money Printing Hayes argues that major world powers—the US, China, Europe, and Japan—are all resorting to significant money printing to achieve…
Bitwise CIO Matt Hougan predicts a massive influx of institutional cash into the crypto market, thanks to a shift in the US government’s stance on digital assets. A New Era for Crypto? Hougan points to President Trump’s executive order on digital assets (“Strengthening American Leadership in Digital Financial Technology”) as a game-changer. This, he says,…
