Bitcoin has always been more than just digital cash; it’s a symbol of rebellion against centralized control. Its success hinges on neutrality—staying out of politics, institutions, and national borders. As Bitcoin-based finance (BTCFi) explodes, maintaining this neutrality is crucial. The Importance of Neutrality Bitcoin’s core strength is its independence from government control, shielding it from…
Major banks are facing criticism for refusing to reimburse customers who lost thousands of dollars to various scams. Several cases highlight the banks’ unwillingness to take responsibility, leaving victims with significant financial losses. Wells Fargo: $20,000 Scam A Wells Fargo customer, a client for almost 40 years, had $20,000 stolen after falling victim to a…
Santiment, a crypto analytics firm, has released its latest development rankings for projects focused on real-world assets (RWAs), and Chainlink (LINK) is once again on top. Chainlink’s Continued Dominance Chainlink boasts a significant lead, recording a whopping 351 GitHub events in the past month. This is far ahead of the competition. Avalanche (AVAX) came in…
Coinbase, a major US cryptocurrency exchange, has added support for two decentralized finance (DeFi) tokens: SKY and USDS. Coinbase Adds SKY and USDS The exchange announced that users can now buy, sell, and trade SKY and USDS on its website and mobile apps. SKY, formerly known as MakerDAO’s MKR, and its stablecoin USDS, are now…
Bitcoin recently hit a new all-time high of $118,856, a jump of almost 10%! Its market cap soared to over $2.34 trillion. But is this the peak, or is there more to come? Some on-chain data suggests there’s still room for growth. Short-Term Holders Aren’t Selling (Yet!) A market analyst looked at the Short-Term Holder…
Bitcoin’s price is holding steady, but its market dominance is slipping. Analysts are focusing less on Bitcoin’s price and more on its shrinking market share, suggesting altcoins might be ready to shine. One analyst’s recent post highlighted nine factors supporting this altcoin season theory. Technical Signals: Bitcoin’s Dominance Fades The analyst points to June 27th,…
Bitcoin’s open interest—a measure of outstanding derivative contracts—has skyrocketed again, surpassing previous record highs. This surge comes as the Bitcoin price has comfortably stayed above $100,000 for a while, boosting investor confidence. History Repeating Itself? This isn’t the first time we’ve seen this. Back in December 2024, open interest climbed past $70 billion, a record…
Bitcoin’s price has been on a tear lately, recently hitting a new all-time high. This surge caused over $470 million in losses for traders betting against Bitcoin (shorting). One analyst believes shorting Bitcoin is now incredibly risky. Why the “Illegal” Shorting Claim? Crypto analyst CrediBULL Crypto declared on X (formerly Twitter) that shorting Bitcoin is…
Injective is making headlines! Its price has jumped a whopping 27% since last week, riding the wave of a broader crypto market upswing. This isn’t just about Bitcoin hitting new highs; it’s about Injective’s strategic moves. The Injective Council: A Powerhouse Partnership A major reason for Injective’s surge is the launch of its new strategic…
This story is about how cryptocurrency, specifically Shiba Inu coin, is slowly becoming a more common way to pay for things. A $5,000 Dental Bill, Paid in SHIB Someone in the US paid a $5,000 dental bill using Shiba Inu! They did it through an app called Zypto, which converts the cryptocurrency to dollars and…
