Here’s

Here’s Why Polkadot (DOT) Might be a ‘Great Mover in the Coming Years:’ Analyst

Here’s Why Polkadot (DOT) Might be a ‘Great Mover in the Coming Years:’ Analyst

TL;DR Polkadot’s DOT is down 4% weekly, trading around $6.20, but a potential resurgence might be on the horizon. Some analysts see the asset in an accumulation phase, with a bullish outlook if it holds above a certain resistance level. Rebound or Further Decline for DOT? Polkadot’s native token has not been as severely affected […]

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Here’s When Ethereum Devs Plan to Ship Pectra Upgrade

Here’s When Ethereum Devs Plan to Ship Pectra Upgrade

Over a year since the Dencun upgrade went live on Ethereum, attention has shifted to Pectra, which is scheduled for release by early 2025. After evaluating various timeline options, Ethereum developers said they have decided against rushing a release before Devcon in November 2024. Instead, they’re choosing a more careful approach to incorporate additional user

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Here’s The Number of Ethereum Holders in Profit as ETH Surges to $3.8K

Here’s The Number of Ethereum Holders in Profit as ETH Surges to $3.8K

Ethereum’s (ETH) dramatic rally to the $3,700 price zone has put a substantial portion of the cryptocurrency’s holders in profit, boosting their investment returns significantly. According to a tweet by IntoTheBlock, 90% of market participants holding ETH are currently in profit, while the remaining 10% are at the money. No ETH holder is at a

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Here’s Why Investors Shouldn’t Get Emotional Over Spot Bitcoin ETF Inflows and Outflows: Analyst

Here’s Why Investors Shouldn’t Get Emotional Over Spot Bitcoin ETF Inflows and Outflows: Analyst

Spot Bitcoin ETFs have become a key part of the entire cryptocurrency ecosystem in just four months after they went live on US financial markets. However, Bloomberg’s ETF specialist – Eric Balchunas – explained that people should not get too carried away when they see notable changes in the short-term flows. May Covers April Losses

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Here’s When the Current Bitcoin Bull Cycle Will End: CryptoQuant CEO

Here’s When the Current Bitcoin Bull Cycle Will End: CryptoQuant CEO

Bitcoin’s price performances for the past ten years or so have been dominated by bear and bull cycles. In general, the BTC halving is regarded as the catalyst for the start of the bull market, while the last two years ahead of each such event are dictated by the bears. However, this hasn’t been the

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Here’s Why Jack Dorsey’s Block Will Invest 10% of Bitcoin Profits Into BTC Monthly

Here’s Why Jack Dorsey’s Block Will Invest 10% of Bitcoin Profits Into BTC Monthly

Financial technology conglomerate Block, owned by X co-founder Jack Dorsey, has decided to invest 10% of all profits made from bitcoin-related products in monthly BTC purchases. Speaking to shareholders in a Q1 2024 earnings report, Dorsey outlined several reasons for the decision, addressing investors’ concerns about why Block is so focused on the largest cryptocurrency.

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Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence

Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence

Last updated: May 3, 2024 04:15 EDT | 3 min read Binance founder Changpeng Zhao received a far more lenient prison sentence than anticipated at his Seattle court hearing on Tuesday. Zhao pleaded guilty to money laundering violations late last year. But the judge ultimately imposed a mere four months of prison time. It starkly

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Here’s How Much Crypto Hong Kong’s Web3 Giant Animoca Brands Holds on Balance Sheet

Here’s How Much Crypto Hong Kong’s Web3 Giant Animoca Brands Holds on Balance Sheet

Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures. Since December 2023, the company has acquired an additional $266 million in digital assets through various recent investments and token launches. According to the official announcement released earlier this week, the Hong Kong-based Web3 giant disclosed

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Here’s How Much Bitcoin and Ethereum the US Govt Holds: Data

Here’s How Much Bitcoin and Ethereum the US Govt Holds: Data

Over the past decade or so, countries around the world have resorted to seizing cryptocurrencies. The United States government stands at the forefront, boasting crypto holdings of almost $15.27 billion. This substantial stash includes 212.847k BTC and 45.654k ETH. US Leads with Holdings of $15.27B Silk Road is perhaps the most infamous case where the

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Here’s Why the Effect of Bitcoin Halving is Diminishing, According to CryptoQuant

Here’s Why the Effect of Bitcoin Halving is Diminishing, According to CryptoQuant

Crypto market analytics platform CryptoQuant believes the effects of Bitcoin halvings have been diminishing and that the upcoming event will have an even smaller impact on BTC’s value. In the latest edition of the firm’s weekly crypto report, analysts said the effect of the halving has been reducing because the new issuance of BTC keeps

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