The ongoing trade disputes sparked by President Trump’s tariffs have created a lot of uncertainty in the financial markets, impacting everything from stocks to Bitcoin and other cryptocurrencies. However, some experts believe that regardless of how the trade war plays out, Bitcoin is poised to benefit. The Recent Market Dip Early this week, the crypto…
South Korea’s top financial guy, Kofia Chairman Seo Yoo-seok, is pushing hard for the government to approve cryptocurrency ETFs (exchange-traded funds). He also wants security tokens officially recognized. Why the big push? Let’s dive in. The Case for Crypto ETFs The US already approved Bitcoin and Ethereum ETFs, and Korea doesn’t want to miss out….
MicroStrategy is ditching its old name and getting a fresh look! They’re now officially called “Strategy,” a move that highlights their massive investment in Bitcoin. A New Name, A New Focus This rebranding isn’t just a cosmetic change. It reflects Strategy’s shift from being primarily a business intelligence software company to becoming the world’s biggest…
Bitcoin’s been stuck in a holding pattern lately, trading below its record high of $109,000. Lots of uncertainty and speculation are making investors nervous, wondering if the bull run is over. But some data suggests otherwise. On-Chain Data Points to a Bullish Future Data from CryptoQuant, analyzed by Axel Adler, shows Bitcoin’s still got bullish…
BlackRock, the world’s biggest investment firm, is bringing its Bitcoin ETF to Europe! This follows the huge success of their US Bitcoin ETF, which raked in a whopping $58 billion. BlackRock’s Big Bitcoin Bet The new fund will likely be based in Switzerland and could start being sold this month. This is a major step…
Ethereum had a wild ride last Monday, plummeting over 30% in a single day due to trade war worries. But things quickly turned around after some positive news, and crypto prices generally recovered. Ethereum’s Underperformance Despite the rebound, Ethereum’s performance is lagging behind other cryptocurrencies. It’s trading at historically low levels compared to Bitcoin and…
Ethereum’s price has rebounded to around $2,800 after a recent dip. This recovery seems linked to some serious whale activity. Whale Withdrawals: A Billion Dollar Exodus Data shows massive withdrawals of Ethereum from cryptocurrency exchanges. Specifically, the “Exchange Netflow” – which tracks the overall movement of ETH in and out of exchanges – spiked negatively….
Glassnode, a crypto analytics firm, says the Ethereum futures market is still running hot, even after a recent big shake-up. Ethereum Open Interest Remains High Glassnode’s latest report shows that despite a significant drop in price and a wave of liquidations, Ethereum’s open interest (the total value of outstanding futures contracts) remains above average. They…
A 22-year-old Canadian, Andean Medjedovic, is wanted by US authorities for allegedly stealing $48.8 million in cryptocurrency from the KyberSwap trading platform. Prosecutors say he exploited a weakness in KyberSwap’s system. Exploiting a “Glitch” Medjedovic is accused of using borrowed crypto, worth hundreds of millions of dollars, to manipulate prices on KyberSwap. He then triggered…
A crypto project linked to former President Donald Trump, World Liberty Financial (WLFI), recently transferred a whopping $307.4 million in crypto to Coinbase. A Big Crypto Transfer Market analysts noticed the massive move on Monday. The transfer included various cryptocurrencies, such as a significant amount of Ethereum (ETH) and Wrapped Bitcoin (WBTC). WLFI Explains the…
