[ad_1] The on-chain analytics firm Santiment has explained how this could be the signal that leads into the next bull run for Bitcoin. Bitcoin Miner Supply May Hold Key To Start Of Next Bull Rally In a new post on X, the analytics firm Santiment has discussed the trend in the “Supply held by Miners” metric. As its name suggests, this indicator measures the total amount of supply currently sitting in the wallets connected to the Bitcoin miners. When the value of this metric rises, the miners receive a net number of tokens in their wallets. Miners naturally constantly receive…
Author: dfrancis36
[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…
[ad_1] Hong Kong is considering changes to its cryptocurrency regulatory framework, particularly concerning over-the-counter (OTC) virtual asset trading services. The Securities and Futures Commission (SFC) may play a larger role in overseeing the sector, working alongside the Customs and Excise Department (C&ED), according to a recent report from the South China Morning Post. Hong Crypto OTC To Be Regulated Notably, the proposed changes would shift from the current system, where the C&ED primarily handles OTC services. For context, OTC services facilitate direct, private cryptocurrency transactions between large parties, bypassing the need for a public exchange. South China Morning Post reported…
[ad_1] The US Department of the Treasury sanctioned a Cambodian mogul and his businesses for their role in crypto-related human trafficking operations. The magnate’s companies have been investigated for their serious human rights abuse related to trafficking crimes and online scams for the past two years. US Sanctions Cambodian Senator On Thursday, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Cambodian businessman and Senator Ly Yong Phat, alongside his conglomerates L.Y.P Group and O-Smash resort, for their alleged involvement in human trafficking and crypto scams. According to the press release, the O-Smach Resort, owned by…
[ad_1] Six-time NBA champion Scottie Pippen is again hogging the headlines, this time for being very bullish on Bitcoin. On Wednesday, the Chicago Bulls star Pippen took to his more-than-674,400 X (previously Twitter) followers and said: “Bullish on Bitcoin” with the hashtag #BeLikeSatoshi. Since then, this has become a hot topic of discussion among his supporters within the cryptocurrency sphere. Pippen’s Bitcoin Dream And Price Predictions What is even more interesting in Pippen’s statements are the fact that he related them to Satoshi Nakamoto, the pseudonymous founder of Bitcoin. In the earlier tweet, Pippen seemed to have claimed that in…
[ad_1] Este artículo también está disponible en español. The Polygon Network recently underwent a technical upgrade to migrate their native token from MATIC to POL. Following the migration, the new token’s price struggled to gain momentum, failing to reclaim the $0.39 resistance level. However, Binance’s recent listing of POL has pumped its price above key levels. Related Reading Binance Completes Polygon Token Migration On Friday morning, global exchange Binance completed the token migration from MATIC to POL. The exchange had stated it would support Polygon’s token swap by delisting all MATIC trading pairs and suspending deposits and withdrawals on September…
[ad_1] Popular doggy-themed meme coin, Shiba Inu, has experienced a major crash in whale net flows, signaling a shift in sentiment among large-scale investors. This sharp decline could have significant repercussions for the meme coin’s price, especially as Shiba Inu has been under severe downward pressure in the last few months. Shiba Inu Whale Net Flows Take A Nosedive New data from IntoTheBlock show a major decline in the whale net flows involving Shiba Inu. Earlier this month, reports revealed that SHIB had achieved a 7-day record high in its large transaction volume, seeing over 3.5 trillion SHIB tokens transferred…
[ad_1] Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting that the asset could touch $68,000 by the end of this month if it successfully reclaims the critical $60,000 level. Faibik emphasized that a daily candle close above $60,000 would be crucial for pushing Bitcoin toward new highs by December. Faibik also highlighted the potential for a Broadening Wedge pattern breakout, which could push Bitcoin’s price to between $88,000…
[ad_1] Bitcoin’s market is experiencing a surge in positive sentiment, with enthusiasm from crypto enthusiasts reaching a new height as the largest digital asset undergoes a brief price recovery, raising the possibilities for more price growth in the short and long term. Bitcoin’s Positive Market Sentiment On The Rise In a recent data report from Santiment, a leading market intelligence platform, it was revealed that the positive market sentiment around Bitcoin has witnessed a significant increase as the metric hit a 1-year peak, reflecting a wave of optimism among retail and institutional investors. The surge in positive attitude observed in…
[ad_1] Este artículo también está disponible en español. In the ever-volatile cryptocurrency market, few things are certain, except perhaps the unpredictability of it all. This truth has never been more evident than in the current showdown between Artificial Superintelligence Alliance (FET), a sophisticated AI-powered blockchain platform, and Mpeppe (MPEPE), a rapidly rising meme coin that has taken the market by storm. Despite Artificial Superintelligence Alliance’s recent advancements, including a significant partnership in the gaming industry, it’s Mpeppe that has stolen the spotlight, soaring past FET with a staggering 150% increase. Artificial Superintelligence Alliance’s Technological Edge Artificial Superintelligence Alliance (FET) has…