China’s central bank just injected a big chunk of cash into the economy, and some experts think it could be good news for Bitcoin. A Little Bit of Context China’s central bank, the PBOC, cut interest rates, making it cheaper for businesses and individuals to borrow money. This is similar to what the US Federal…
Ethereum’s future looks bright, according to some analysts. A recent shift in Ethereum’s futures market is making people think the price might go up soon. What’s the Deal with Funding Rates? Funding rates are a key indicator in the futures market. They tell us if people are mostly buying or selling a cryptocurrency. A positive…
Big Players Are Making Moves Ethereum has been following Bitcoin’s lead in price action for a while now, but things might be changing. In the last week, Ethereum has surged by 13%, outperforming Bitcoin’s 5.8% gain. And it seems like some big-time Ethereum holders are behind this move. Data from on-chain analytics platforms shows a…
One of the top guys at the SEC, Mark Uyeda, thinks the agency needs to change how it deals with crypto. He says the SEC hasn’t set clear rules for the industry, making it hard for companies to innovate. “We’ve basically said most crypto is a security, but haven’t given clear guidelines on how to…
Celestia, a blockchain project, is seeing a huge price jump after its foundation secured a massive $100 million investment. Big Names Back Celestia The money came from a group of big-name investors, led by Bain Capital Crypto. Other investors include Syncracy Capital, 1kx, Robot Ventures, and Placeholder. This investment is a big deal for Celestia,…
Crypto experts are predicting that altcoins are about to take off. The founders of analytics firm Glassnode, Jan Happel and Yann Allemann, believe we’re on the verge of an altcoin season. They think this will happen once Bitcoin breaks its all-time high of around $74,000. What is an altcoin season? An altcoin season is a…
A popular crypto analyst thinks Bitcoin (BTC) could be about to explode. This analyst, known as Rekt Capital, believes historical patterns suggest a big jump in price is coming soon. Bitcoin’s Halving Cycle Rekt Capital points out that Bitcoin’s price has historically broken out from its trading range about 154-161 days after its “halving.” This…
Bitcoin is on the rise, with many analysts predicting a bullish future. While the market is currently showing strength, one analyst believes selling Bitcoin at $74,000 would be a huge mistake. Why Selling at $74,000 Could Be “Disastrous” The analyst argues that Bitcoin could potentially reach new all-time highs, making selling at $74,000 “way too…
The TON (Telegram Open Network) blockchain is experiencing a surge in activity, with more users and projects joining the platform. This growth comes despite some initial hurdles, proving the resilience of the network. A Look at the Numbers Active wallets: The number of active wallets has skyrocketed, reaching over 19 million. Daily activated wallets: More…
The crypto world is constantly changing, and Rexas Finance (RXS) is making waves. This platform recently saw a huge 25% price jump after its second presale ended, and some experts believe it could reach $10 by 2025. Let’s dive into what makes Rexas Finance so special. What is Rexas Finance? Rexas Finance is all about…
