The recent approval of the Bitcoin ETF on January 11 was highly anticipated and has captured the attention of the crypto media. However, despite initial signs of bullish action, the market response was less enthusiastic, with BTC trading down 8% in the days following the news. Nevertheless, short-term price movements were never the primary focus
Bitcoin, the leading cryptocurrency, has been experiencing a significant decline in price recently, leading to speculation and predictions from various analysts and enthusiasts. In this article, we will delve into the insights provided by Chris J Terry, a prominent cryptocurrency analyst, and examine the factors contributing to the continuous downward trend. Additionally, we will explore
The gaming industry is constantly evolving, with developers striving to create innovative and immersive experiences for players. One such collaboration that promises to revolutionize the gaming landscape is between Animoca Brands, Darewise Entertainment, and Honda. This partnership aims to co-develop Web3 automotive gameplay in the highly anticipated AAA science fiction game, ‘Life Beyond.’ By integrating
Popular Crypto YouTuber Ben Armstrong has recently shared a bullish prediction for the Cardano (ADA) price. According to him, ADA has the potential to reach $11. This prediction, however, lacks any analysis or supporting evidence to back up his optimistic sentiment. Armstrong merely references a previous ADA analysis made by crypto analyst Ali Martinez, who
Sen. Elizabeth Warren’s recent remarks against the cryptocurrency industry have garnered significant backlash from the crypto community. In a post on X (formerly Twitter), Sen. Warren referenced a report from the U.S. Government Accountability Office (GAO) that alleged the use of cryptocurrency by “rogue nations” to evade sanctions and pose threats to national security. However,
In the first six days of trading, the newly approved spot Bitcoin exchange-traded funds (ETFs) have accumulated a significant number of bitcoins (BTC). The “Newborn Nine,” as they are called, have collectively acquired over 95,297 BTC since their launch on January 11, 2024. This surge in interest has pushed the total assets under management (AUM)
Digital assets, such as Bitcoin, stablecoins, and Central Bank Digital Currencies (CBDCs), are gaining increasing interest and challenging the traditional role of the U.S. dollar in global finance. Andrew Peel, Morgan Stanley’s Head of Digital Assets, warns of a potential “paradigm shift” that could impact the global dominance of the dollar. Historically, the U.S. has
The digital asset economy has been facing numerous challenges in recent times, resulting in a significant shrinkage. Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have left no stone unturned in affecting the market. As one of the world’s largest stablecoins, USDC has not been immune to these forces. Its total circulating
Bitcoin, the premier cryptocurrency, has experienced a lackluster performance in recent weeks, with a decrease of over 3% in its value according to CoinGecko data. However, a positive on-chain revelation provides some hope for a potential recovery. Popular crypto analyst Ali Martinez has revealed that the number of Bitcoin whales, entities holding at least 1,000
Cryptocurrency investors around the world are flocking to Mollars ($MOLLARS), a promising Bitcoin alternative that is currently in its 3rd round of token presale. The token has been attracting record-breaking demand, with nearly 100,000 tokens being sold daily. As a store-of-value token, Mollars aims to protect traders from the growing crisis of inflation and high
