[ad_1] Follow Aaron on Nostr or X. Perhaps the biggest cultural shift in my eleven years in Bitcoin has been the transition from tinkering techies emphasizing “don’t invest more than you are willing to lose”, to the Michael Saylors of this world telling everyone to sell their house, car and wife (and then go into debt) to buy more bitcoin.Whenever I listen to the macroeconomic commentators in this space (who for the most part started popping up some five or six years ago), I usually feel there is one key point they keep missing. Sure, Bitcoin is no longer just…
Author: dfrancis36
[ad_1] Solana struggled to clear the $172 resistance zone. SOL price is correcting gains and might soon test the $162 support zone. SOL price is correcting gains from the $172 resistance zone against the US Dollar. The price is now trading above $162 and the 100-hourly simple moving average. There was a break below a connecting bullish trend line with support at $166 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could revisit the $162 support zone before the bulls take a stand. Solana Price Eyes Retest of Support Solana price climbed above the…
[ad_1] Grant Colthu, the former CEO of Australian crypto exchange Mine Digital, appears to be in legal trouble. According to a press release, Colthu is now facing fraud charges for allegedly misappropriating a customer’s $1.47 million (2.2 million AUD). The release revealed that the customer had intended to use the funds to purchase Bitcoin, but the cryptocurrency was never delivered. The Alleged Case In a statement released earlier today, the Australian Securities and Investments Commission (ASIC) confirmed the allegations against Colthu, stating that the funds were transferred to his firm, Mine Digital’s parent company, ACCE Australia, but were diverted for…
[ad_1] Este artículo también está disponible en español. XRP, the sixth largest cryptocurrency by market capitalization, has seen an interesting trend in its transaction activity, despite a few notable declines in other metrics. A recent analysis by a CryptoQuant analyst, Wenry, sheds light on key trends within the XRP ecosystem, offering insights into the activity happening behind the scenes. The analyst particularly revealed where XRP transactions are used by category activity. Related Reading XRP Transactions: Decline in NFT Activity And Rise in DEX Volume According to Wenry, XRP’s daily transaction volume has been “competitive with major Layer 1 networks,” showing…
[ad_1] State securities regulators across North America are grappling with an unprecedented wave of technology-driven investment fraud, with investigations into digital assets and social media scams reaching record levels in 2023, according to an annual enforcement report released Tuesday.Crypto, Social Media Scams Drive Record US Securities ProbesThe North American Securities Administrators Association’s (NASAA) 2024 Enforcement Report revealed that state regulators conducted 8,768 active investigations last year, with digital assets and internet-based fraud emerging as the dominant threats to retail investors.Regulators initiated 343 new investigations into cryptocurrency-related schemes excluding staking and NFTs, while another 144 cases specifically targeted crypto staking operations.…
[ad_1] On-chain data indicates that Tesla Inc. has retained its entire Bitcoin holdings, dispelling recent speculation about a potential sale. Last week, blockchain analytics firm Arkham Intelligence reported that Tesla had transferred its entire stash of 11,509 BTC—currently valued at over $776 million—to new, unidentified wallets. This substantial movement led to widespread conjecture that Elon Musk’s Tesla might be divesting its Bitcoin assets once again. However, Arkham Intelligence has updated its findings, suggesting that the transfers were internal and that Tesla still owns the Bitcoin. Tesla Retains All 11,509 Bitcoin In a statement on X, Arkham clarified: “We believe that…
[ad_1] Este artículo también está disponible en español. After four months of declining transaction volumes from retail investors, Bitcoin (BTC) retail on-chain activity shows signs of resurgence. Will Bitcoin Benefit From Rising Retail Participation? According to a recent analysis by on-chain analytics platform CryptoQuant, BTC transactions worth less than $10,000 are rising, reflecting a shift in the market’s sentiment from risk-averse to risk-on. Source: CryptoQuant Related Reading Tracking transactions under $10,000 helps gauge retail activity. Unlike institutional transactions driven by fundamentals and long-term outlooks, market sentiment and news often influence retail activity. Per the analysis, Bitcoin’s retail demand struggled to…
[ad_1] Este artículo también está disponible en español. As the US presidential election approaches, the crypto community is buzzing with speculation regarding how the outcome will affect the Bitcoin price. With just 15 days until the election between former President Donald Trump and Vice President Kamala Harris, options traders are increasingly optimistic about a new all-time high for Bitcoin, regardless of who wins the presidency. Traders Favor Call Options Ahead Of US Election According to a recent report from Bloomberg, options traders are placing significant bets that Bitcoin will reach a record high of $80,000 by the end of November. …
[ad_1] Crypto enthusiasts are once again demonstrating their confidence in Ethereum, the second-largest digital asset capability in the ongoing cycle, with some experts predicting that ETH could be witnessing a historical price rally to unprecedented heights at the peak of this bull cycle. These experts point to past market trends and ETH’s robust growth as key markers of its long-term potential. Ethereum’s Massive Rally May Hinge On Key Breakout Ethereum’s price could be set for a historical run as a crypto analyst and investor, Trader Tardigrade, has predicted a major breakthrough for ETH to a new all-time high, particularly the…
[ad_1] Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he…