A recent analysis by a crypto analyst, identified as ‘Mags,’ has revealed a new bearish death cross formation for Bitcoin, the leading cryptocurrency in the world. This signal is concerning as it indicates a potential short-term weakness in the Bitcoin market. The death cross occurs when the 50-day Moving Average crosses below the 200-day Moving
Blockchain investigator ZachXBT recently uncovered a case involving North Korean developers who reportedly stole $1.3 million from a project’s treasury. These developers, hired under false identities, inserted malicious code into the system, enabling them to make an unauthorized transfer of funds. The stolen money was first sent to a theft address, then moved from Solana
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a background in web3 content writing, journalism, and trading. His entry into the world of cryptocurrencies was not a smooth one, as he fell victim to a Ponzi scheme in the early stages of his career. Instead of being deterred by this setback, Edyme
The recent surge in trading volume for Cardano has caught the attention of many investors in the crypto market. With a 150% increase in trading volume amounting to $477 million, Cardano has managed to make a significant impact. However, despite this surge, the price of Cardano’s native token, ADA, has failed to show a proportional
The partnership between MetaMask, Mastercard, and Baanx has brought about a revolutionary product – the MetaMask Card. This card aims to simplify the process of using cryptocurrency for everyday purchases by allowing users to directly access their crypto holdings through a self-custodial wallet in the form of a debit card. Unlike traditional methods of spending
In a recent report by Bitwise, it was revealed that U.S.-based institutional investors are continuing to show strong support for Bitcoin through spot ETFs. Despite market volatility and declining prices in the second quarter, approximately 66% of these investors either maintained or increased their holdings. This trend was highlighted by Bitwise’s chief investment officer, Matt
The cryptocurrency market faced a 2.5% decline in Bitcoin’s value on Wednesday, dropping to $59,100. This downfall was attributed to the U.S. government’s decision to transfer more of its Silk Road-affiliated Bitcoin holdings to Coinbase Prime. The move was detected by the on-chain analysis platform Arkham Intelligence, which highlighted the transfer of 10,000 BTC worth
Ethereum has been facing significant challenges due to the bearish pressure in the crypto market, leading to multiple crashes that pushed the price back towards $2,000. Despite this, a crypto analyst named RLinda has provided a promising analysis on TradingView, suggesting that Ethereum could be gearing up for another rally towards its previous highs. The
As uncertainties loom over the macro side, Bitcoin continues to trade sideways, leaving investors undecided about their next move. Crypto analyst Michael van de Poppe has raised concerns about Bitcoin potentially dropping to as low as $48,000. He emphasized that if the Consumer Price Index (CPI) inflation data turns out poorly, Bitcoin could break below
The landscape of Bitcoin holders has shifted significantly in recent years, with institutions emerging as the dominant players in the market. Gone are the days when private individuals held the majority of Bitcoin. Today, the list of top Bitcoin wallets is primarily populated by governments and major companies, with only the enigmatic Satoshi Nakamoto retaining
