Senator Ted Cruz is pushing for Texas to become a major player in the Bitcoin world, envisioning it as a haven for crypto innovation. He sees Texas’s business-friendly environment and independent spirit as a perfect fit for Bitcoin’s decentralized nature. Texas – A Bitcoin Oasis? Cruz believes the federal government, particularly its policies, is hindering…
Ripple is making waves in the world of finance! They’ve teamed up with Archax and abrdn (a UK asset manager) to launch the first-ever tokenized money market fund on the XRP Ledger (XRPL). This is a big deal for bringing real-world assets (RWAs) into the world of blockchain and decentralized finance (DeFi). Bringing Real-World Assets…
Arthur Hayes, the founder of the cryptocurrency exchange BitMEX, is making some bold predictions about the future of Bitcoin (BTC), Dogecoin (DOGE), and the crypto market as a whole. He recently shared his outlook on the Alpha Only podcast. TradFi’s Impact on Crypto Hayes believes that traditional finance (TradFi) firms will play a major role…
Dogecoin has been making some interesting moves lately. Let’s dive into what a recent technical analysis suggests. Bull Pennant Breakout Dogecoin recently broke out of a bullish pennant pattern. This pattern formed after Dogecoin hit a new yearly high on November 12th. The price briefly shot up to $0.4759 after the breakout, then dipped back…
Ethereum is seeing a resurgence in interest from investors, both big and small. This is clearly shown by a massive increase in the amount of ETH being staked recently. Staking Surges Last week saw a huge jump in net inflows for Ethereum staking. This means more ETH was deposited than withdrawn – a significant shift…
Charles Hoskinson, the founder of Cardano, recently aired his grievances about Wyoming’s stablecoin project. He claims the project’s development was unfair and excluded Cardano without justification. Early Optimism Turns Sour Initially, Hoskinson was optimistic about Wyoming’s crypto law, even advising the state government extensively for over a year and a half on the project’s development….
Ethereum is doing great! It’s trading near its highest point since late July, around $3,470. That’s a big jump, and it’s staying above a really important average price ($2,965), which is bullish news. This means it’s likely to keep going up. The $3,500 Hurdle Ethereum is currently testing a key resistance level just below $3,500….
Cardano (ADA) has seen a massive price surge—over 220% this month—but analysts are raising red flags. A crypto analytics firm, Santiment, is warning that the rally might be ending. Profit-Taking and Social Media Buzz Santiment noticed a huge spike in ADA profit-taking on November 22nd. Traders cashed out a whopping $165 million worth of ADA,…
A well-known crypto analyst, Pentoshi, is predicting a potential end to the Bitcoin bull run. He’s shared two key indicators to watch. Two Signals of a Potential Bitcoin Peak Pentoshi, who correctly predicted the end of the last Bitcoin bull market, points to two main signals suggesting a potential market peak: Good News Stops Mattering:…
China has just announced a staggering gold discovery in Hunan province, valued at a whopping $83 billion! State-run media reports that prospectors have unearthed an estimated 1,000 tonnes of gold. A Mountain of Gold The Hunan Geological Bureau says core drillings revealed visible gold in numerous veins. Over 40 gold veins containing at least 300…
