Bitcoin whales recently bought a massive $3.6 billion worth of Bitcoin in a single day! This shows a big shift in market confidence. Bitcoin’s price is strong, and other positive market signals suggest we might be on the verge of an altcoin boom. Let’s look at three altcoins that could be next on the whales’…
Bitcoin maximalist Samson Mow is again arguing that Ethereum’s price is way too high. He points to the huge difference in price performance between Bitcoin and Ethereum over the past few years. The Widening Gap Since August 2022, Bitcoin’s price has exploded, going from around $21,500 to over $82,000—a massive 270% increase! Ethereum, on the…
Bank of America will pay $2.85 million to settle a class-action lawsuit alleging illegal fees and account restrictions. Mishandling of Protected Funds The lawsuit claimed that Bank of America violated New York’s Exempt Income Protection Act (EIPA). It alleged that the bank improperly grouped customer accounts together when calculating legally protected funds. This resulted in…
Coinbase, a major US cryptocurrency exchange, added support for a new token called Wayfinder (PROMPT) on Thursday. This token powers a new tool designed to help artificial intelligence interact with blockchains. What is Wayfinder? Wayfinder describes itself as an omni-chain tool that bridges the gap between AI and blockchain technology. It’s designed to be used…
Warren Buffett, the investing legend, has seen his net worth jump by a staggering $11.5 billion in just 15 weeks. This impressive gain comes despite a global market downturn fueled by trade tensions. Buffett’s Winning Streak Bloomberg reports Buffett’s net worth now sits at a hefty $153.5 billion. This puts him in the top four…
Binance, the world’s largest crypto exchange by trading volume, has added three new altcoins to its platform following a user vote. New Listings Fuelled by User Demand The newly listed coins are Ondo (ONDO), a decentralized investment banking protocol; Big Time (BIGTIME), a blockchain-based multiplayer role-playing game; and Virtuals Protocol (VIRTUALS), an AI-based gaming protocol….
John Bollinger, a renowned technical analyst, sees a potential “W-bottom” forming in Bitcoin’s price chart. But what does that mean, and should you be excited? What’s a W-Bottom? A W-bottom is a chart pattern showing two consecutive dips in price, followed by a potential rebound. Think of the letter “W”—that’s the shape the price action…
Dogecoin has been on a bit of a rollercoaster lately. After a small price bump thanks to some general crypto market optimism, it’s been facing some bearish pressure again. But don’t count DOGE out just yet! Some analysts think things are looking up. A Key Technical Move Suggests a Bottom Dogecoin has been struggling to…
Ethereum has been on a wild ride lately. Let’s break down what’s been happening. A Brief Rally, Then Consolidation Ethereum saw a huge jump this week, climbing over 21% in just a few hours after hitting a low of $1,380. This was partly due to some positive news on the global economic front – a…
Dogecoin, initially dismissed as just a silly internet meme, is now a serious contender in the cryptocurrency world. A recent report from 21Shares, a big player in crypto investing, reveals Dogecoin’s surprising potential. Dogecoin’s Rise to Prominence 21Shares’ April 8th report details Dogecoin’s journey from a fun internet meme to one of the biggest and…
