Category: Crypto
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Here’s What’s Driving This Rally
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On-chain data suggests that developments in these two Litecoin indices could explain why the cryptocurrency’s prices have been rising recently. Litecoin’s volume and social dominance have been on the rise recently In new mail On X, on-chain analytics firm Santiment discussed what Litecoin’s fundamental metrics looked like during its recent…
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Analyst Backs Spot Bitcoin ETFs To Surpass Gold ETFs In Cumulative Net Inflows
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Market analyst and head of ETF Shop Nate Geraci backed US Bitcoin ETFs to surpass gold ETFs in terms of cumulative net inflows. This prediction comes amidst the amazing performance of Bitcoin ETFs in the past few days as they attracted more than $2 billion in weekly net inflows. Bitcoin…
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Crypto Influence On 2024 US Presidential Election Bigger Than Expected, Survey Finds
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According to another reconnaissance By pro-crypto trade group The Digital Chamber, the US presidential candidate’s stance on cryptocurrencies may be more significant than initially expected. 26 million voters in the “crypto voting bloc” The “crypto voting bloc” refers to a group of voters — both Republicans and Democrats — who…
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EigenLayer’s X Account Hijacked To Promote Fraudulent Airdrop
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In the early hours of Friday, the official X account (formerly Twitter) of EigenLayer, a prominent recovery protocol, was opened. bargaining It is being used to promote fraudulent airdrops, according to confirmation from its developer, Eigen Labs. Hackers exploited the account to share misleading posts about a fake reallocation of…
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POPCAT Nears Breakout Towards New ATH, But Analysts Warn Of Possible Correction
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Many market watchers are indicating that the memecoin Popcat (POPCAT) is about to surge towards a new all-time high (ATH). As the currency attempts to reclaim key resistance levels, some analysts warn that the cat-themed memecoin could see a correction soon towards its monthly open. Popcat retests $1.4 resistance level…
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Blockstream Secures $210 Million For Layer 2 Growth
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In an important development in the field of cryptocurrency infrastructure, Blockstreama prominent player in Bitcoin technology, has raised $210 million through a convertible note financing round. This financing, led by Fulgur Ventures, represents a critical step forward for the company as it seeks to enhance its layer 2 solutions, expand…
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Fake Coinbase Website Mastermind Receives 5-Year Sentence
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An Indian man has been sentenced to 5 years in prison for a multi-million dollar scam via a fake Coinbase website. The two-year scheme took more than $20 million in cryptocurrency from hundreds of victims, which was used to fund the scammer’s lavish lifestyle. An Indian citizen is serving a…
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Analyst Points To Key Bitcoin Metric Indicating A Strong Uptrend—$90K in Sight?
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Bitcoin (BTC) has been on an upward trend in recent weeks, showing positive price movements that look very attractive to investors. According to another Cryptoquant The analysis, a key metric, “active address momentum,” paints a bullish picture for the cryptocurrency. Active headline momentum indicates a bullish market structure Active addresses…
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Crypto Bettor ‘Fredi’ Distorts Trump Odds On Polymarket: Researcher
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In a story within the decentralized prediction market space, a researcher accused a cryptocurrency bettor, operating under the pseudonym “Fredi9999” or simply “Fredi,” of dramatically manipulating former President Donald Trump’s odds of winning on the Polymarket cryptocurrency platform. Over the past two weeks, Trump’s probability of winning has risen from…
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Dogecoin Is On Track For Over 400% Rally, Analyst Reveals
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Crypto Analyst Says Dogecoin Price Could Pull An XRP This Cycle, What This Means
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A prominent cryptocurrency analyst has sparked a thought-provoking debate on social media platform While most major cryptocurrencies have risen to all-time highs on the upside of 2021, XRP struggled to break through the past its previous peak. Now, cryptocurrency analyst Tony “The Bull” Severino has made a comparison with Dogecoin…
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El Salvador Survey Shows Bitcoin’s Lindy Effect in Action
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Follow Nicholas on X here El Salvador’s misguided critics got some new ammunition this week. Modern reconnaissance It revealed that only 7.5% of Salvadorans use Bitcoin in transactions, and that 92% of Salvadorans do not use it. But while some (Steve Hanke) may look at these numbers and think “Oh,…
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100% Uptick For Shiba Inu? Experts Eye Reversal As Catalyst
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This article is also available in Spanish. Shiba Inu (SHIB) price is now around $0.00001783, just below a major resistance area which means the market is in a good mood. Market analysts are ready to watch another potential surge in the meme space. Related reading Cryptocurrency influencer DaVinci Jeremy noted…
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Polymarket Is “Good” But Critic Picks Out This One Big “Ethical” Problem
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Polymarket, the predictions market on Polygon, is attracting global attention. Not only is it among the most active dApps without its own token, but it is also being closely monitored by pollsters tracking the ongoing presidential campaign in the United States. In the heated election campaign, current Vice President Kamala…
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Can Bitcoin Now Make A New All-Time High
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Bitcoin has risen steadily since it crossed the $60,000 mark and is currently hovering near the $70,000 level, a price it has not reached in months. With market sentiment rising, investors are wondering whether Bitcoin has the strength to reach all-time highs or whether it will struggle to break through…
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Crypto Investor Nets 3,360% Gain, Turns $86,000 Into $3.9 Million
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This article is also available in Spanish. In another great story from the cryptocurrency market, one investor made an amazing 3,360% return, turning an initial investment of $86,000 into around $3.9 million. This exceptional gain was made by investing in the Memecoin Goatseus Maximus (GOAT). According to A a report…
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Bitcoin Shorts Surge On Binance – Bear Trap Or Downside Risk?
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After reaching new local highs recently, Bitcoin is at a turning point, pushing the market into a cautious but optimistic mood. Despite the rally, analysts and investors remain cautious, as Bitcoin has repeatedly fallen from these levels since March, leading to concerns about another potential decline. The question on everyone’s…
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Bitcoin Model T: Perfection Doesn’t Need Improvement
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The Ford Model T has been invented, the automobile has arrived and nothing else needs to be done! Manual crank start engine, rear wheel drive only, wood wheels, and transmission based braking system with no wheel brakes. Why would anyone need anything else? Who might need seat belts? Suitable wheel-based…
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Bitcoin Breaking Out Of 7-Month Accumulation Channel: Expert Predicts Further Upside
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This article is also available in Spanish. Bitcoin is at a pivotal moment after it crossed the $68,000 level and set a new local high, confirming its uptrend. Analysts and investors are closely monitoring the next steps, looking for signs of a continued rally or a potential bounce from high…