[ad_1] Follow Nikolaus on X Business Insider published a new report today on where Bitcoin currently stands in regards to the upcoming U.S. presidential election, with exactly what you would expect from a left leaning mainstream media outlet. The article states that “Trump and Harris have different reasons to try to attract the crypto community”, and while I agree it is true that it would be good for both candidates to win over this vote, only one of them has actually put in the work to do so. The article begins by noting how Bitcoin, and cryptocurrency at large, is…
Author: dfrancis36
[ad_1] The head of blockchain analytics platform CryptoQuant thinks Bitcoin (BTC) is right in the middle of a bull cycle, despite a dip to start the week. Ki Young Ju tells his 346,000 followers on the social media platform X that BTC’s market cap continues to grow faster than its realized cap, a trend that in past market cycles has lasted about two years during the bull phases. If the pattern repeats, the current bull market could last until around April 2025, according to Ju. The realized cap metric records the price of each Bitcoin when it last moved and…
[ad_1] My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to…
[ad_1] Follow Aaron on Nostr or X. It’s difficult to find a more fundamental threat to Bitcoin’s continued existence than mining centralization. If —say— there are only a few mining pools, there is a very real possibility that these organizations face regulatory pressure of the kind that exchanges have also had to deal with: they could be forced to only include KYC’ed transactions into blocks. Since censorship resistance is arguably its core value proposition, I seriously doubt that Bitcoin would, in this scenario, have much long-term viability at all.To that end, it was great to see Ocean launch DATUM (Decentralized…
[ad_1] Este artículo también está disponible en español. Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping up more market share from Ethereum, cementing its position. Is Ethereum Superior To Solana? While the prominence of Solana is evident, Sreeram Kannan, the founder of EigenLayer, argued in a post on X that Solana prioritizes low latency and global node synchronization over other…
[ad_1] Lebanon is back in the headlines as the conflict in the Middle East intensifies. Before these latest developments, Lebanon had already become a symbol of how quickly a seemingly stable society can descend into chaos. If you follow major events in the global economy, you’ll probably recall that Lebanon’s recent past serves as a vivid example of what a full-blown currency collapse looks like in a modern, advanced economy. While there are some great books that describe hyperinflation in detached, academic terms, what’s often missing is the human story – what it’s actually like to be a normal, productive…
[ad_1] Este artículo también está disponible en español. Raoul Pal, the founder of Real Vision and a recognized figure in the crypto community, has issued a stark warning about the rapidly approaching transformations in the global economy, driven by unprecedented technological advancements. In his latest video, Pal, who has long advocated for an understanding of what he calls the “exponential age,” claims that the coming years will bring about the largest changes humanity has ever experienced, due to the rapid development of artificial intelligence (AI) and robotics. According to Pal, we are nearing what he terms the “economic singularity,” a…
[ad_1] As the cryptocurrency market gears up for what many experts predict will be another massive bull run, investors are looking for the next token with the potential to deliver 100x gains. One project that is capturing the attention of savvy traders and early adopters is FXGuys ($FXG), an innovative PropFi (Proprietary Finance) token that combines decentralized finance (DeFi) with the lucrative forex trading market. With FXG currently in its Stage 1 presale, priced at $0.03, and having already raised over $1,000,000 in its private round, the buzz around this project is building fast. What is FXGuys ($FXG)? FXGuys is…
[ad_1] An analyst known as a “Master Trader” on the crypto exchange Bybit believes October will be a bullish month for Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 276,900 followers on the social media platform X that top memecoin DOGE appears to be in the early stages of a five-wave rally. The trader practices Elliott Wave theory, a technical analysis approach that attempts to predict future price action by following crowd psychology which tends to manifest in waves. According to the theory, a bullish asset tends to witness a five-wave surge before experiencing an “ABC” pullback. Says Bluntz, “DOGE looks…
[ad_1] Este artículo también está disponible en español. Since their approval in January 2024, Spot Bitcoin ETFs have been steadily gaining traction in the United States, with the issuers buying hundreds of thousands of BTC as their popularity spread. This has led to a large stash of BTC by these issuers as BlackRock leads the charge. Given their buying spree so far, the number of BTC being held by the Spot Bitcoin ETFs has been rising and is almost at the 1 million mark, Spot Bitcoin ETFs Now Hold 924,768 BTC The United States Securities and Exchange Commission approved a…