As Bitcoin surges toward its previous all-time high, industry experts are anticipating a correction before the digital asset can continue its upward trajectory. Mike Novogratz, founder of Galaxy Digital, shared his insights with Bloomberg TV, suggesting that while Bitcoin has soared past the $60,000 mark this week, a correction is likely imminent. Bitcoin Enters “Price […]
Grayscale CEO says there is ‘insatiable demand’ for spot Bitcoin ETFs
Grayscale CEO Michael Sonnenshein said the financial industry has “never seen such insatiable demand for an ETF wrapper” as it has seen with Bitcoin ETFs. Sonnenshein made the statement during a CNBC interview on March 1, where he shared his insights about the performance of spot Bitcoin ETFs and the market’s response to their recent […]
Bitcoin Miners Are Struggling After ETF Launch—Except One
After outperforming BTC last year, Bitcoin miners now look stagnant against the digital currency.
Bitcoin’s $60K surge: Whales to buy or sell now?
The reaction to the Bitcoin price increase has been different, but more non-zero addresses have emerged.
Mysterious Bitcoin Whale Purchasing Up to 1,600 BTC Daily Sparks Speculation
A mysterious entity has been making waves in the cryptocurrency market, purchasing large amounts of Bitcoin on a daily basis. The entity labelled “Mr. 100” has been buying up to 1,600 BTC daily worth about $100 million, sparking speculation about their identity and motives. The entity was first highlighted in a tweet by crypto investor […]
Prominent Pundit Asserts XRP Will Stagnate At $0.59 Even When Bitcoin Rockets To $250,000
Mike Alfred, a venture investor and formerly a founding CEO at BrightScope and Digital Assets Data, has sparked a discussion in the cryptosphere with his forecast that Ripple-promoted cryptocurrency XRP would remain depressed below $1 even if Bitcoin (BTC) happens to hit $250,000 record highs. “XRP Only Exists To Enrich Founders & Insiders” In a […]
Crypto losses hit $67 million in February, pushing yearly losses to $200 million – Immunefi
Crypto industry losses amounted to $67 million in February over 12 incidents, with hacks accounting for 97.54% of funds stolen, according to Immunefi’s latest crypto losses report. Meanwhile, the remaining 2.46% of the funds stolen were lost due to fraud. Despite the significant losses during the month, there was a notable decrease compared to January […]
Binance Stares Down $10B Fine in Escalating Nigeria Crackdown
A special adviser to the Nigerian president discloses that authorities are seeking to impose a staggering fine on Binance. Continue reading at DailyCoin.
Coinbase’s Profound Impact On Base & Optimism
Market analyst Adam Cochran recently made a Twitter thread that started up a conversation about Coinbase’s transformative power to steer users toward Base and, subsequently, Optimism. This is an area of change whose magnitude people are underrating. Cochran showed how major platforms such as Binance Smart Chain (BSC) and Tron have affected retail flow despite […]
Minecraft Banned NFTs—So ‘NFT Worlds’ Built Its Own Crypto Game Instead
NFT Worlds was forced to pivot away from Minecraft, but now called Hytopia, the project is about to launch the game on its own chain.