In a recent thread on X, Jurrien Timmer, Fidelity’s Director of Global Macro, shared his perspective on the current trends in Bitcoin’s price. Contrary to a long-term trend reversal, Timmer views the current decrease in BTC price as a short-term positioning adjustment. This adjustment, according to him, is a result of a hangover following the
The Ethereum (ETH) community has been buzzing with excitement over the implementation of EIP-1559 and its revolutionary ETH burning mechanism. Péter Szilágyi, a prominent ETH developer, has hailed this upgrade as “the great equalizer” that levels the playing field between validators and regular users. In this article, we will delve into the positive impacts of
Gemini, a well-known cryptocurrency exchange, has achieved a significant milestone by being registered as a Digital Asset Service Provider (DASP) in France by the Autorité des Marchés Financiers (AMF), the French financial markets regulator. This registration allows Gemini to offer its services to both retail and institutional customers in the country. Gemini’s registration not only
In a court hearing on January 17th between Coinbase and the U.S. Securities and Exchange Commission (SEC), the focus was on the SEC’s charges against Coinbase for allegedly operating an unregistered national securities exchange, broker, and clearing agency, as well as engaging in unregistered sale and offering of securities through its crypto staking service. While
The current sentiment surrounding Ethereum is undeniably bullish, as the second-largest cryptocurrency by market cap has been gaining dominance against Bitcoin. This surge in Ethereum’s dominance is not only significant in itself but also has the potential to usher in the altcoin season, according to crypto analyst Jaydee. This shift in market dynamics has caught
Despite the recent flow of significant capital into spot Bitcoin ETFs, the expected positive impact on Bitcoin’s price has not materialized. Contrarily, Ethereum has experienced a nearly 8% increase in value while struggling to maintain the $2,600 level. This rise in Ethereum’s market dominance against Bitcoin is backed by data from on-chain analytics firm Santiment,
In an exciting development, renowned independent music streaming service Napster has joined forces with TerraZero, a virtual world technology company. This collaboration seeks to integrate immersive Napster virtual hangouts into its platform, revolutionizing the way artists and fans interact and experience music. By accessing artist Ric Wilson’s custom-designed virtual hangout space through this partnership, Napster
The recent surge in Solana memecoin pumps has seen FLUB crypto gain significant attention. With experts predicting explosive moves in low-cap cryptocurrencies, it is important to dig into FLUB’s price analysis to better understand its potential. One notable factor driving FLUB’s rise is its strong community support, which is fueled by a dedicated team and
In the midst of a lull in the world of Bitcoin, Ethereum is emerging as a trailblazer, confidently charting its course. While the crypto king takes a breather following its ETF approval, Ethereum is experiencing a surge in both price and dominance. Recent data from Santiment vividly illustrates Ethereum’s ascendancy, with its price dominance witnessing
In an astonishing turn of events, a Bitcoin miner has recently made a handsome profit thanks to an exorbitant transaction fee paid by one of the network’s users. According to blockchain data, an unknown individual paid a staggering fee of 4 BTC ($172,000) for a transaction that only amounted to 2.9 BTC. This discrepancy means
