The recent movement of 40,000 BTC out of crypto exchanges in just 48 hours has raised eyebrows in the Bitcoin market. This significant outflow coincides with a period of relatively stagnant price action for Bitcoin, leading some to speculate that major players are seizing this opportunity to accumulate more of the digital asset. Implications of
Crypto
In a recent tweet, financial journalist and Bitcoin advisor to El Salvador’s president, Nayib Bukele, Max Keiser, expressed his concerns about the rapidly increasing national debt of the United States. According to Keiser, the U.S. national debt has skyrocketed to a new all-time high of $35.27 trillion, with each citizen now carrying a debt of
The recent deposit of 2,364 Bitcoin (BTC) worth nearly $140 million to Binance by a whale or institution has caused a stir in the cryptocurrency market. Speculation abounds as to whether this move indicates an intention to sell or if it is part of a larger strategic play. Historically, deposits to exchanges have been seen
John Bollinger, the trading expert known for inventing the Bollinger Bands, made a Bitcoin price prediction over two months ago. In June, he analyzed the chart of the leading cryptocurrency using his technical indicator and anticipated a rise in the price. However, fast forward to today, Bitcoin stands at $59,480, slightly lower than the predicted
Bitcoin, the world’s biggest cryptocurrency, experienced a slight decline on Thursday as investors exercised caution in anticipation of an upcoming U.S. inflation reading that could potentially impact the outlook for interest rate cuts. The cryptocurrency fell by 1% to $58,852.9 by 01:55 ET (05:55 GMT), with expectations of losing nearly 9% in August. Throughout August,
In recent days, Bitcoin’s price has remained relatively stable after experiencing significant declines. The movement of nearly $2 billion tokens between wallets on a major crypto exchange caused concern among traders, leading to a sharp drop in Bitcoin’s value. Despite wild price swings in recent sessions, Bitcoin has struggled to break out of a trading
Polkadot, created by Gavin Wood, has faced struggles in building an active user base for decentralized applications (dApps). This has caused the platform to lag behind competitors such as Ethereum, Solana, and Avalanche. One of the main reasons for this challenge is the complex ecosystem of Polkadot, which has made it difficult for developers to
Bitcoin, the world’s largest cryptocurrency, experienced a 1.4% decrease in price on Tuesday, falling to $3,106.6. The decline came in the wake of worsening geopolitical tensions across the globe, which not only impacted risk sentiment but also raised concerns about the future of the global economy. This decline in Bitcoin’s price mirrored losses in stock
As technology continues to advance, the world of cryptocurrency is constantly evolving. Tokyo-based Slash Vision Labs is taking a big step forward by listing their token (SVL) on Gate.io, a popular cryptocurrency exchange. This move is set to open up new opportunities for the Asian market and beyond, as Slash Vision Labs aims to enhance
The recent arrest of Pavel Durov, the creator of the popular messaging app Telegram, has sent shockwaves throughout the cryptocurrency community. Durov, a 39-year-old entrepreneur, was apprehended at Le Bourget airport on Saturday night on a slew of charges including terrorism, drugs, complicity, fraud, and money laundering. If convicted, he could face up to 20