Bitcoin started October with a big slump, disappointing many investors who were expecting a continued price climb. After a strong run in September, Bitcoin took a dive in the first 24 hours of October, falling below $61,000. This drop was fueled by a combination of factors, including tensions in the Middle East and a wave…
Sony’s new Ethereum Layer-2 blockchain, Soneium, is getting a major upgrade with the help of Ava Protocol. This partnership aims to make blockchain technology easier to use for everyone, especially developers and creators. Simplifying Blockchain for Everyone Ava Protocol’s automation tools will handle the technical stuff behind the scenes, allowing developers and non-technical users to…
Bitwise Asset Management has officially filed to create an XRP exchange-traded fund (ETF) in the US. This is a big deal, especially since there have been a lot of rumors about XRP ETFs before, but nothing concrete. What’s the Deal with Bitwise’s Filing? Bitwise is a well-known cryptocurrency investment firm, so this isn’t just some…
Bitcoin’s Active Addresses Are Falling A recent trend in Bitcoin’s active addresses is causing some concern. Active addresses refer to unique addresses that participate in transactions on the Bitcoin network. These addresses are like the unique users visiting the network, so a decline in active addresses means less activity. Since March, the number of active…
Japan’s financial watchdog is getting serious about crypto. They’re planning a big review of their crypto rules, and things could get interesting. A New Approach to Crypto Regulation The Financial Services Agency (FSA) is taking a hard look at how they regulate crypto. They’re asking themselves if the current rules are enough to protect investors….
Bitcoin has become a global phenomenon, but many people still wonder if it’s too complex to manage. The truth is, storing Bitcoin doesn’t have to be complicated. Is Bitcoin Too Complex? The answer is a resounding no. While older generations might be skeptical of new technology, younger people are more comfortable with digital assets. The…
A popular crypto trader who correctly predicted the Bitcoin bottom in 2018 is now bullish on Pepe, a frog-themed memecoin. He believes Pepe is about to go on a massive rally after a recent dip. Pepe’s Big Move The trader, known as Bluntz, says Pepe is currently in a “monster trend” and could surge to…
Robinhood, the popular trading app, is making a big move in Europe by adding a highly requested feature: crypto transfers. More Control, More Options Now, European Robinhood users can send and receive over 20 different cryptocurrencies, including Bitcoin, Ethereum, Solana, and USD Coin. This means they have more control over their digital assets and can…
Cryptocurrency analyst Benjamin Cowen thinks the US unemployment rate could be a big deal for Bitcoin’s price. He’s telling his YouTube followers that if the unemployment rate keeps climbing, Bitcoin might stay in a slump for the rest of the year. A Historical Pattern? Cowen says there’s a historical connection between unemployment and how risky…
October is here, and crypto experts are feeling optimistic about Bitcoin’s future. One analyst, Eric Crown, thinks Bitcoin could hit new record highs in the last quarter of 2024. Bitcoin’s Recent Rise Bitcoin has been on a tear lately, especially at the end of September. This recent surge has analysts excited about the potential for…
