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Big Dogecoin Holders Are Selling Data shows that whales (people holding huge amounts of Dogecoin) have been selling off their DOGE since July 19th. While they still own a significant chunk (around 16%), this selling is happening alongside a drop in Dogecoin’s price. It looks like these whales might be trying to cut their losses…
The European Central Bank (ECB) is seriously pushing for a digital euro. Their goal? To make sure money keeps flowing smoothly, even during big crises like cyberattacks or power outages. This is great news for Best Wallet, a crypto wallet app. A Digital Euro for a Digital World The ECB wants a digital euro that…
Ripple’s annual Swell conference is back! This year’s invite-only event takes place in New York City on November 4th and 5th, with a welcome reception on November 3rd. Get ready for two days packed with discussions on the future of finance. Day 1: Building the Future of Finance The conference kicks off with Monica Long,…
Bitcoin’s recent price surge has been incredible, but not everyone’s convinced it’ll last. A prominent analyst is warning of a massive crash, potentially wiping out almost all of Bitcoin’s gains. A 90% Bitcoin Price Drop? Here’s Why Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, recently predicted a brutal downturn for Bitcoin. He believes…
The Trump family is making a killing in the cryptocurrency world. Their new cryptocurrency, World Liberty Financial (WLFI), has skyrocketed their net worth by over $5 billion practically overnight. Instant Success Launched on September 1st, WLFI generated a huge amount of hype. Over a billion dollars worth of the coin changed hands in the first…
Bitcoin mining is about to get a whole lot tougher. The difficulty of mining Bitcoin – a measure of how hard it is to add new transactions to the blockchain – is set to increase by about 5%. This will be the fifth consecutive increase, pushing the difficulty to a new all-time high. Why the…
Bitcoin’s price is hanging around $110,000, after a bumpy ride. While some think the price will drop further, many believe the long-term outlook is still positive, seeing this as a normal pause in a strong market. The short-term picture is uncertain, but Bitcoin’s key support levels haven’t been broken yet. A Regional Liquidity Battle Recently,…
REX Shares is about to launch what it claims will be the first Dogecoin ETF in the US. They announced this on X (formerly Twitter), even though several other companies are still waiting for the SEC to approve their Dogecoin ETF applications. How REX is Getting Ahead So how can REX launch a Dogecoin ETF…
Ethereum is experiencing a massive upswing in activity, hitting a 12-month high with 1.8 million daily transactions. This shows just how popular and useful the network has become. A Year-High Transaction Record Last month saw Ethereum reach a major milestone: 1.8 million daily transactions—the highest in a year! This huge jump shows a significant increase…
Bitcoin and Ethereum have been super volatile lately, leading to a lot of trading activity. This has caused open interest (the total number of outstanding derivative contracts) for both to skyrocket. Let’s look at what this means. Open Interest at Near Record Highs In late August, Ethereum’s price surged, hitting a new all-time high above…
