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Bitcoin’s Big Breakout? A popular crypto analyst, Mags, thinks Bitcoin is about to explode. He’s seeing a big “cup and handle” pattern on the Bitcoin price chart, which is a classic sign of a major rally. What’s a Cup and Handle? The “cup and handle” is a technical chart pattern that looks like, well, a…
Big Players Are Loading Up Big investors, called “whales,” are holding a record-breaking amount of Bitcoin – over 670,000 coins! This is the most Bitcoin ever held by a single group. What Does This Mean for Bitcoin? Experts think this whale activity could have a few effects on Bitcoin’s price: Short-Term Dip: Bitcoin might drop…
Bitcoin has been on a roll lately, climbing to over $69,000 in the past couple of weeks. But despite this big price jump, small-time investors aren’t exactly rushing to buy in. Retail Investors Holding Steady, But Slowly According to a recent report by CryptoQuant, retail investors have been adding to their Bitcoin holdings, but at…
Cryptocurrency has become increasingly popular, but unfortunately, so has criminal activity involving digital assets. The Growing Threat of Crypto Crime While the value of crypto transactions received by illegal addresses has decreased, experts believe this figure will rise as more suspicious addresses are uncovered. This has led to a global crackdown on crypto crime, with…
Bitcoin has been on a wild ride lately, swinging from highs of $69,500 to lows of $65,000. But even with the price cooling off a bit, everyone’s watching to see what happens next. BlackRock’s Growing Influence One thing that’s got people talking is BlackRock, a massive financial company. A crypto analyst named Maartunn noticed that…
Circle, the company behind the popular stablecoin USDC, is still planning to go public. Their CEO, Jeremy Allaire, says they’re in a strong financial position and don’t need to raise more money before the IPO. Circle’s IPO Plans Circle filed a confidential draft registration for an IPO with the SEC back in January. They’re also…
Bitcoin’s open interest has been making headlines lately. It’s a measure of how much money is being bet on Bitcoin’s future price, and it’s been hitting record highs. What Does Open Interest Mean? Open interest tells us how much money is tied up in Bitcoin futures contracts. These contracts are basically bets on whether the…
Ethereum has been on a rollercoaster ride lately. After a recent surge, the price took a sudden dip, dropping over 13% since Monday. This caused some investors to worry about the strength of the rally. Whale Activity Suggests Accumulation But here’s the interesting part: while the price was falling, whale activity on the Ethereum network…
Big Options Expiry and Whale Activity Ethereum (ETH) just went through a big options expiry event, where a bunch of contracts were settled. This caused a bit of a price jump, but now the question is: what’s next? One analyst, Michaël van de Poppe, thinks ETH is at a crossroads. He’s looking at two possible…
Big banks like JPMorgan Chase, Bank of America, and Wells Fargo are refusing to define what an “unauthorized transaction” is, even though this term is crucial for determining if fraud victims get their money back. Banks Aren’t Clear on What’s “Unauthorized” Consumer Reports found that these banks, along with Capital One, U.S. Bank, and Truist,…
