Unexpectedly, Hedera’s native token, HBAR, underwent a remarkable price increase of more than 100% in the wee hours of Tuesday. The coin, which had started at a low of $0.0875, soared to touch $0.1821 by Wednesday. The unexpected development was initiated when word broke out about BlackRock launching its tokenized fund, BUIDL. This announcement fueled … Read more
Over the past two days, XRP‘s price has bounced back, bringing optimism back to the market. This positive trend is believed to persist, with some analysts predicting a significant increase – up to 70% – according to RLinda, a well-known crypto expert. XRP Price Completes A False Breakdown In an examination shared on TradingView, crypto … Read more
According to Ki Young Ju, the founder of CryptoQuant, there’s been an uptick in the transfer of older Bitcoins on the X network. This trend is reflected in Bitcoin’s Average Dormancy chart, which has reached a 13-year peak recently. In simpler terms, a large number of Bitcoins that have not been active for a long … Read more
Matt Hougan, the Bitwise CIO, recently revealed five intriguing forecasts regarding the upcoming Bitcoin (BTC) Halving in 2028. In an extensive analysis, Hougan offers insights into what could be in store for Bitcoin as the network undergoes this significant transformation. New Investors And ETFs As Catalysts One prediction made by Hougan is that Bitcoin’s volatility … Read more
In recent times, the Shiba Inu system has undergone modifications at the hands of developers, aiming to enhance the digital currency’s potential future growth. Simultaneously, hidden data from the blockchain indicates a positive outlook among SHIB investors, as the amount held on exchanges reaches record lows. An optimistic perspective is reinforced by SHIB‘s price rebound … Read more
The changes in Bitcoin‘s price have set the rhythm for the crypto market and reflected the mood of the community. Some people are concerned that the rally may be losing steam, while other experts think Bitcoin is merely gearing up to hit even greater heights. Next Stop: Bitcoin’s “Parabolic Upside” According to crypto expert and … Read more
Crypto expert Egrag Crypto has identified VeChain (VET) and Ripple (XRP) as two cryptocurrencies potentially experiencing substantial price increases in the near future. The analyst provided estimated prices for investors to keep an eye on. VeChain Could Rise To As High As $2.5 Based on the graph Egrag published in his recent X (previously Twitter) … Read more
In Q1 2024, Figment, a cryptocurrency staking business, reported impressive results. The company unveiled the debut of its Ethereum and Solana staking Exchange Traded Products (ETPs), leading to a remarkable year-over-year surge. Figment now manages over $15 billion in clients’ staking assets, serving more than 500 institutional investors – representing a significant fivefold expansion compared … Read more
Approaching his sentencing, Binance co-founder Changpeng Zhao (CZ) penned an apology letter to Judge Richard A. Jones of the Western District of Washington. In this letter, CZ acknowledged taking full responsibility for any subpar choices he made during his time with Binance. “I regret not setting up adequate compliance controls at Binance, and I cannot … Read more
Recent data from the Bitcoin blockchain reveals that newly emerged large investors, or “newcomer whales,” now control nearly double the amount of bitcoin held by long-term investors, or “veteran whales.” Let’s explore some possible reasons for this change in market dynamics. Bitcoin Newbie Whale Holdings Have Been Rapidly Growing Recently Ki Young Ju, the founder … Read more