The House of Representatives could vote this week to overturn President Biden’s veto of a bill that would scrap a controversial rule from the Securities and Exchange Commission (SEC). This rule, known as Staff Accounting Bulletin (SAB) 121, says that companies holding digital assets for their customers should list them as liabilities on their financial…
Shiba Inu (SHIB) is making a comeback! After a rough week, the popular meme coin has surged by double digits in the past 24 hours, fueled by a positive overall crypto market. Whale Activity Sparks Hope Large investors, known as “whales,” are behind this recent surge. Their transaction activity has skyrocketed by 229% since July…
Crypto is on the minds of US voters as the 2024 presidential election draws closer, according to a new survey by crypto asset management firm Grayscale. Voters Are More Interested in Crypto Than Ever The survey, conducted in April and May, found that nearly a third of voters are more open to learning about or…
CryptoQuant CEO Ki Young Ju is predicting that the current Bitcoin (BTC) bull market will continue until early 2025. While he acknowledges that Bitcoin could dip to around $47,000, he’s still bullish on the overall trend. $112,000 Price Target Ju believes the bull market will peak at around $112,000, based on his analysis of the…
Long-dormant Bitcoin wallets have sprung back to life, moving millions of dollars in BTC after more than 10 years. First Whale Awakens One early Bitcoin investor, who had been holding onto their coins for 10.6 years, suddenly moved 1,004 BTC worth $56.92 million. This whale initially moved the BTC to an unknown wallet before transferring…
A seasoned Bitcoin trader is urging caution, warning that the cryptocurrency could be headed for another major crash similar to the one that happened in November 2018. A Repeat of 2018? Back in 2018, Bitcoin fell below $6,000 after a long period of trading in a narrow range. While many investors jumped in to buy…
A crypto analyst is predicting that Bitcoin could be on the verge of a comeback. This comes after the cryptocurrency dipped to its lowest point in months. Bullish Signals on the Charts Ali Martinez, a well-known crypto analyst, has spotted two interesting patterns on Bitcoin’s price chart. These patterns, he says, could signal a potential…
Peter Schiff, a well-known Bitcoin critic, thinks the hype about institutional investors buying Bitcoin is overblown. He points to the recent price drop as evidence. Schiff’s Argument: Schiff says that the recent sell-off, which saw Bitcoin’s price drop by 10% in a single day, shows that there isn’t as much institutional demand for Bitcoin as…
A veteran trader is saying now might be a good time to buy Bitcoin, even though the price has been dropping lately. Peter Brandt, a well-known trader who’s known for making accurate market predictions, sees a “buy signal” in Bitcoin’s recent dip. He’s looking at a technical indicator called the “foot shot pattern,” which has…
There’s been a lot of talk about governments selling their Bitcoin lately, especially after the US and German governments moved some of their holdings. Some people are worried that this will cause the price of Bitcoin to crash. But is it really a big deal? The Big Picture CryptoQuant CEO Ki Young Ju says we…
