[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
Author: dfrancis36
[ad_1] On-chain data shows the XRP whales have gone on a large shopping spree recently, a sign that could be bullish for the cryptocurrency’s price. XRP Whales Have Been Expanding Their Holdings Recently As pointed out by analyst Ali Martinez in a new post on X, the XRP whales have shown significant net expansion during the past ten days. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the amount of XRP that a given wallet group is currently holding. The addresses or investors are placed into these cohorts based…
[ad_1] With its price climbing 17% over the past seven days, Avalanche (AVAX) has lately been on a winning run. Right now, the cryptocurrency is trading at $28.12, up 7% over the past 24 hours alone. This abrupt increase fits a larger recovery across the crypto market driven by a significant shift in the US financial scene: the Federal Reserve’s decision to lower interest rates. The Fed lowered interest rates by 50 basis points on September 18, therefore defining the new range as 4.75%-5%. Aimed at helping to lower inflation and increase economic development, the Fed’s decision to drop rates…
[ad_1] The cryptocurrency industry could be gearing up for a remarkable cycle as a market expert has claimed that the long-awaited Bitcoin bull run is finally starting, pointing to a potential significant upsurge for the digital asset in the upcoming months. A Massive Bull Case For Bitcoin Takes Off In an optimistic post on the X (formerly Twitter) platform, Bitcoin maxi and investor, Fred Krueger has asserted that the massive bull case for BTC has begun to unfold. Krueger points to a confluence of positive factors such as increasing adoption and microeconomics conditions that will send BTC to unprecedented heights…
[ad_1] Este artículo también está disponible en español. As Bitcoin price valuation inches closer to the $65,000 mark, the asset has grabbed the attention of market analysts, with one recently highlighting a key indicator that now suggests a potential further recovery in BTC’s price. Particularly, according to a recent post on the CryptoQuant Quicktake platform by an analyst under the pseudonym ‘Darkfost,’ the Bitcoin Stock-to-Flow (S2F) reversion chart is now showing a major buy signal for Bitcoin. Related Reading S2F Signal Prime Buy Opportunity The S2F model is widely used to forecast Bitcoin’s price by measuring its scarcity. It indicates…
[ad_1] A serious security breach hit Singaporean bitcoin exchange BingX. Exchange hot wallets lost almost $43 million on Friday, due to hacker activity. One of the biggest crypto attacks this year, this event raises doubts about centralized exchange security policies. BingX Hack: What Happened? Blockchain security companies Peck Shield and De.Fi noticed odd activity involving significant fund transfers from BingX’s hot wallet. The technical team of the exchange observed unusual access patterns suggestive of a possible attack about 4 AM Singapore time. Hi @BingXOfficial you may want to take a look –we observe suspicious significant fund outflow (>$13.6m) to this…
[ad_1] In a notable divergence from the broader cryptocurrency market, Cardano (ADA) has faced challenges in capitalizing on the recent bullish sentiment triggered by the Federal Reserve’s decision to reduce interest rates by 0.50% earlier this week. While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have seen gains exceeding 5% in the same timeframe, ADA currently trades at $0.3517, reflecting a 2% decline over the past week. Buy Signals For Cardano Despite these short-term setbacks, analysts remain optimistic about Cardano’s future price trajectory. Trend Rider, a technical analyst, has highlighted a significant development on ADA’s one-week chart: the ADA…
[ad_1] Various analysts think that the popular doggy-themed meme coin Dogecoin (DOGE) is showing incredibly bullish signs this market cycle. Despite witnessing severe declines in the past few months, a particular analyst has predicted a massive bullish breakout to $0.24, providing a chart representation illustrating how the price of DOGE is expected to rise gradually to hit this projected target. Dogecoin Eyes $0.24 Mark The price of Dogecoin has been trading around the $0.1 mark for a while now, experiencing high instability marked by slight gains and unexpected declines. On X (formerly Twitter), popular crypto analyst Ali Martinez identified two…
[ad_1] Este artículo también está disponible en español. Grayscale’s XRP trust has grown noticeably since launch, a development which spells positive momentum for the digital asset. As one of the leading cryptocurrency asset managers in the world, Grayscale’s decision to unveil the first XRP trust in the US last week signaled the beginning of an institutional influx of funds into the cryptocurrency. Since its debut, the Grayscale XRP Trust has performed remarkably well. Data indicates that the trust’s value has surged by 11.44%, a clear indication of strong demand from institutional investors. Value Of Grayscale XRP Trust Rallies Grayscale’s XRP trust…
[ad_1] The U.S. Securities and Exchange Commission (SEC) has just granted approval for the listing and trading of options on BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT). The approved options on the iShares Bitcoin Trust will be physically settled, meaning that when the option is exercised, Bitcoin will be delivered to fulfill the contract. These American-style options can be exercised at any time before the expiration date, providing flexibility for traders. According to the SEC, the listing will follow the same rules as options on other exchange-traded funds (ETFs), including position limits and margin requirements.”I’m assuming others will…