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Idle No More: $11.4 Million in ‘Sleeping Bitcoins’ Wake up After Years of Dormancy
13.8.2023
Hovering just above the $29,000 mark, bitcoin’s value remained relatively stable while an interesting event occurred on Saturday afternoon: a dormant cache of 195.79 bitcoins, untouched for over seven years, was transferred for the first time since 2016. This action was followed by another...
Bitcoin Price Prediction as BTC Spikes Up 2% in 24 Hours – Time to Buy?
13.8.2023
Bitcoin's recent price surge of 2% within a 24-hour period has prompted speculation about its potential implications for investors.
As market dynamics continue to evolve, the question arises: Is this surge signaling an opportune moment to consider buying Bitcoin? Let's find out.
In a recent...
Peter Schiff Warns Investors of 2 ‘Huge Surprises’ — Foresees Inflation Too High for Fed Rate Cuts to Stimulate Economy
13.8.2023
Economist Peter Schiff says investors are in for “two huge surprises.” Noting that the Federal Reserve has already lost its fight against inflation, he explained that by the time the U.S. economy officially enters a recession, inflation will be too high for the Fed to “stimulate” with...
Unidentified Miners, F2pool Lead All-Time Bitcoin Mining Rankings: A Comprehensive Review of Bitcoin’s Historic Block Discovery
12.8.2023
Since the inception of the Bitcoin blockchain by Satoshi Nakamoto, the network has diligently processed in excess of 800,000 blocks. An examination of data from 99 distinct mining pools, spanning the previous 14 years, reveals that unidentified mining participants discovered 28.37% of...
Rebase Tokens: A Stunning Collapse From $8 Billion to $351 Million in 20 Months
12.8.2023
The crypto winter inflicted a brutal toll on the digital currency landscape, leaving numerous coins with values utterly obliterated. Within this ravaged financial terrain, one specific category — rebase tokens — suffered a tremendous deflation in worth over the previous 20 months. In a stark...
Bitcoin Price Prediction as Halving Event in 2024 Sparks Bullish Sentiments – Time to Buy?
12.8.2023
The BTC/USD is currently witnessing a decline of nearly 0.50%, with its value standing at $29,400.
As the cryptocurrency market navigates this shift, Bitcoin faces intensified price pressure in anticipation of the Bitcoin halving event in 2024 and a crucial decision by the US Securities...
Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued
11.8.2023
The Nigerian currency continued its slide versus the greenback when it fell to a new all-time low of NGN950 per dollar. Folashodun Shonubi, the acting governor of the Central Bank of Nigeria, insists that the naira is currently undervalued. The International Monetary Fund (IMF) has said...
Bitdeer's losses widen in Q2 after one-time $33M listing fee, shares up 44%
11.8.2023
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10
Bitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%
11.8.2023
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10
Worldcoin Value Plummets 24% in Week Amid Increase in Unique Addresses, Strong Hold by Top Wallets
11.8.2023
In the course of the previous week, the value of worldcoin (WLD) against the U.S. dollar has plummeted by 24.6%, while a broader view of the past fortnight reveals a decline of 21.4%. Simultaneously, five days ago when the contract recorded 408,721 unique addresses in possession of WLD, the figure...
House Financial Services Committee Advances Clarity for Payment Stablecoins Act
9.8.2023
On July 27, 2023, The U.S. House Financial Services Committee advanced a stablecoin-focused bill for the first time. The Clarity for Payment Stablecoins Act of 2023 would establish a federal regulatory framework for stablecoins with the U.S. Federal Reserve playing a pivotal role. The bill would...
Ethereum Price Prediction as ETH Breaches $1,800 Level – Time to Buy?
9.8.2023
The price of Ethereum (ETH) has risen by 1.5% in the past 24 hours, surpassing $1,800 as increasingly positive expectations surrounding a Bitcoin ETF helped the cryptocurrency market as a whole to rise yesterday.
ETH is now in the green – although only just – over the past week, fortnight...
A Comprehensive Look at the New Paypal Stablecoin, Its Control Dynamics, and ‘Freeze’ Option Trending on Social Media
8.8.2023
At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the contract continues to retain a substantial 92.91%...
Investors Have Stopped Shorting Bitcoin for First Time in 3 Months: CoinShares Report
8.8.2023
According to the latest Coinshares Fund Report, outflows into short Bitcoin (BTC) products have ceased for the first time in fourteen weeks.
This notable shift in the market suggests that significant digital asset funds are now adopting a different strategy towards the leading cryptocurrency...
Terra Luna Classic Price Prediction as LUNC Falls to $0.000078 Support – Time to Buy?
7.8.2023
The price of Terra Luna Classic (LUNC) has dropped to $0.00007840 today, representing a 0.5% loss in 24 hours and a 3.5% decline in the past week.
LUNC also disappointingly remains down by 7.5% in the last 14 days and by 46% since the beginning of the year, in contrast to many major...
Bitcoin OG bets surprising sum on BTC hitting $100K before the halving
7.8.2023
Adam Back has joined a growing roster of market commentators who are bullish on the price of Bitcoin ahead of next year’s halving event
Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity
6.8.2023
In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed transactions per day. The network reached an all-time high on May 1, 2023, with 682,281 transactions. This unprecedented activity began its upward trend...
Hades’ ‘Impossible’ Setting Just Got Beaten For The First Time
4.8.2023
Self-described Hades “fucking legend” and speedrunner Jade, or AngeL1C, became the first known player to complete the cult-favorite roguelike at its max difficulty settings on August 2, 10 days after roguelike content creator Haelian said it couldn’t be done in a July 25 YouTube video. Read more
Curve DAO is Going to Zero as CRV Price Keeps Falling with $100 Million Volume and XRP20 Just Raised $350,000 – Time to Buy?
4.8.2023
As crypto markets process the aftermath of the Curve DAO (CRV) exploit, price action has become dominated by downside momentum leaving desperate CRV bag-holders asking: Is Curve DAO going to zero?
The tumultuous price action comes following a smart contract exploit manipulated on July...
Bitcoin Price Prediction as Crypto Analyst Says BTC Still on Track to Hit $100,000 by 2025 – Time to Buy?
4.8.2023
Bitcoin, the world's largest cryptocurrency, experienced a minor dip of over 1% but managed to maintain its position above the critical $29,000 mark.
Despite showing stability within a specific price range, it lacked significant buying interest as traders eagerly awaited the US Securities...