Distribution Trend Flags XRP Price Falling to $0.4: Is Decline Imminent?

XRP price dipped to $0.56 on Friday as market selling pressure accelerated from geopolitical tension in the Middle East. This three-day decline is now testing the $0.54 support level, which has held for the past two weeks. Will a potential breakdown lead to a major correction, or could an anticipated settlement in the Ripple vs. […]

Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst

Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing […]

The BITCOIN Act of 2024

Following the announcement on July 27th at the Bitcoin conference in Nashville, the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide” or BITCOIN Act of 2024, introduced by Senator Cynthia Lummis of Wyoming, seeks to firmly establish Bitcoin as a strategic asset in the United States’ financial arsenal. At its core, the Act proposes […]

Morgan Stanley Becomes First Major Wall StreetBank to Offer Bitcoin ETFs to Eligible Clients

TL;DR The firm is authorizing its advisors to offer two bitcoin ETFs starting August 7, marking the first time a major Wall Street bank has taken this step. Only clients with a minimum net worth of $1.5 million and high risk tolerance will be able to invest in these ETFs. While Morgan Stanley is moving […]

Donald Trump Turns Down Debate With Kamala Harris, Here’s Why

In a riveting turn of events, Republican Party member Donald Trump again brushed off talks of a debate with Vice President Kamala Harris. Following a nationwide buzz across the United States regarding the presidential candidate rivals’ debate, the former U.S. president has today again turned away from the discussion, citing poll results. Donald Trump’s Poll […]

Bitcoin Difficulty Hits New ATH, What’s Next?

Bitcoin difficulty has hit a new all-time high (ATH) of  90,666,502,495,566 despite recent BTC volatility. Currently, the pioneer crypto trades are below $65,000 and look weak. Bitcoin Difficulty Hits All-Time- High Bitcoin network difficulty reached an all-time high of 90,666,502,495,566 on August 2, 2024, after a three-month decline. This surge reflects a robust and competitive […]

Bitcoin’s Anticipated Retail Resurgence

Bitcoin’s recent price action has been a rollercoaster of highs and lows. However, even though bitcoin has set a new all-time high and had two years of a near-constant positive trajectory, we’re yet to see a consistent influx of retail investors. The potential for a surge in retail participation and the possibility of elevating the […]

Is a Massive Bitcoin Sell-Off Approaching? Peter Schiff Claims MicroStrategy and BlackRock Will Sell Their BTC

TL;DR Peter Schiff predicts that MicroStrategy and BlackRock could be forced to sell their Bitcoin holdings. MicroStrategy holds about 226,500 BTC, while BlackRock’s IBIT ETF holds about 343,387 BTC. The sale of such large amounts of BTC could cause a significant drop in its price, similar to that seen when Germany sold a $3 billion […]

The Key to FROST: What is Distributed Key Generation?

Multisig is a familiar concept for most in Bitcoin: a multisig transaction requires approval from multiple parties before it can be executed. We distinguish between “n-of-n” multi-signatures, where the number of involved parties is n, and they all need to approve, and “t-of-n” threshold signatures, where only a smaller number t of participants need to […]

NFT Sales Decline for Second Consecutive Month in July 2024

In July 2024, the NFT market experienced a significant downturn, marking the second consecutive month of declining sales. According to recent data, NFT sales plummeted by 36% compared to the previous month. This decline follows a similar trend observed in June, indicating a challenging period for the digital asset market. Several factors have contributed to […]