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Last week, crypto funds saw a big shift with $147 million flowing out, ending a three-week streak of money coming in. This change is tied to some bigger economic trends. Where Did the Money Go? Bitcoin: Bitcoin funds lost the most, with $159 million flowing out. Some investors are even betting on Bitcoin prices going…
The crypto world is buzzing this week with exciting events and important developments. Here’s a rundown of what you need to know: Bitcoin: Unmasking Satoshi? HBO is set to premiere a documentary on October 8th claiming to reveal the identity of Satoshi Nakamoto, Bitcoin’s mysterious creator. The film, titled “Money Electric: The Bitcoin Mystery,” is…
Ethereum (ETH) is currently hovering around $2,400, a bit below its recent high of $2,700. While the broader crypto market is hopeful for a big rally after the Federal Reserve’s interest rate cut, ETH has struggled to climb higher. But there’s some good news: On-chain data suggests that selling pressure is decreasing, which could be…
Investor Dan Tapiero thinks Bitcoin is about to explode. He sees a massive bullish pattern forming, suggesting Bitcoin is gearing up for a big jump. Cup and Handle Pattern Tapiero is seeing a “cup and handle” pattern, which is a classic sign that a price is about to break out after a period of consolidation….
Cardano creator Charles Hoskinson is giving a shoutout to Sui, a new blockchain platform that’s been making waves in the crypto world. He says Sui is a “real innovator” and deserves to be successful. Sui: A “Real” Innovation Hoskinson believes Sui is “what Solana should have been,” even though he still thinks Cardano is the…
A popular crypto analyst, Benjamin Cowen, believes Bitcoin (BTC) will continue to dominate the crypto market, leaving altcoins in the dust. He predicts that Bitcoin Dominance (BTC.D), which measures Bitcoin’s market cap compared to all other cryptocurrencies, will climb to 60% in the fourth quarter. Altcoins in Trouble? Cowen sees this dominance leading to a…
A popular Bitcoin analyst who correctly predicted the recent dip in Bitcoin’s price is sharing his worst-case scenario for the cryptocurrency. Bitcoin Could Drop Below $60,000 The analyst, known as Rekt Capital, believes that if Bitcoin falls below $60,000, it could trigger another major sell-off. He says this could lead to a lot of panic…
A crypto analyst named Ash Crypto believes Bitcoin could reach $100,000 by the end of the year. He’s not alone – other experts have made similar predictions. Why Bitcoin Could Skyrocket Ash Crypto points to several factors that could push Bitcoin’s price higher: Halving Cycles: Bitcoin’s price typically goes through a period of consolidation after…
The United Arab Emirates (UAE) is making a big push to become a global hub for cryptocurrencies. Starting November 15, 2024, all transactions involving buying, selling, or converting cryptocurrencies will be completely exempt from Value Added Tax (VAT). A New Era for Crypto in the UAE This change is a huge deal for both individual…
Ethereum, the popular blockchain platform, could soon see a significant speed boost thanks to a new proposal called EIP-7781. This proposal aims to reduce the time between blocks, known as the “slot time,” from 12 seconds to 9 seconds. Faster Transactions, Less Stress This change could lead to a 33% increase in transaction throughput, meaning…
