[ad_1] Justin Sun, the co-founder of Tron, a smart contracts platform and one of many blockchains competing with Ethereum, has an issue with the recently launched cbBTC, a wrapped Bitcoin token by Coinbase, a top crypto exchange complying with United States laws. Justin Sun Of Tron Picks Out Issues With cbBTC In a post on X, Sun picked out several glaring concerns, especially those revolving around its centralization, risks of seizure by the government, and its opaque nature. Technically, cbBTC will serve as a wrapped Bitcoin and yet another token to take on wBTC, which aims to allow BTC holders…
Author: dfrancis36
[ad_1] Data shows that the positive sentiment around Bitcoin has spiked on social media after BTC’s return above $58,000, implying investors may feel FOMO. Bitcoin Positive Vs. Negative Sentiment Ratio Has Spiked Recently According to data from the analytics firm Santiment, the crowd has recently shown a sudden burst of optimism around Bitcoin. The indicator of relevance here is the “Positive Sentiment vs. Negative Sentiment Ratio,” which, as its name suggests, keeps track of the ratio between the positive and negative comments on social media related to a given coin. The analytics firm sources posts/threads/messages from platforms like Twitter, Reddit,…
[ad_1] Donald Trump has officially revealed the date of launch for his World Liberty Financial cryptocurrency project—September 16, 2024. Made via a video on his X account, he asked fans to accompany him for a live event on Twitter Spaces that evening. Emphasizing a change away from conventional banking, Trump said in his address: “We’re embracing the future with crypto and leaving the slow and outmoded large banks behind.” Trump And The New Age For DeFi World Liberty Financial is being positioned as a decentralized finance (DeFi) platform that aims to disrupt conventional financial systems. The project has been in…
[ad_1] Este artículo también está disponible en español. Crypto analyst Dan Gambardello has highlighted the Cardano (ADA) roadmap to a new all-time high (ATH). The analyst also suggested that Cardano was halfway to reaching a new high, noting what part of its cycle the coin was currently at. Cardano Is In Stage 3 Of Its Cycle Gambardello remarked in an X (formerly Twitter) post that Cardano is in stage three of its cycle. He claimed that this part of the cycle for ADA is the “Told you. You should’ve listened” stage. This refers to the point where investors begin to…
[ad_1] Bitcoin has surged over 5% since Wednesday, but volatility and uncertainty have clouded the past few weeks. However, a significant announcement from Coinbase is bringing fresh optimism for BTC holders eager to explore DeFi opportunities. As of yesterday, Coinbase launched Coinbase Wrapped BTC (cbBTC), an ERC20 token backed 1:1 by Bitcoin (BTC) held by Coinbase. Initially, cbBTC will be supported on Base and Ethereum, with plans to expand to more chains. This move allows Bitcoin holders to unlock new ways to engage with decentralized finance (DeFi), providing greater flexibility in using their BTC across multiple platforms. Coinbase’s introduction of…
[ad_1] Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing. Santiment tells its 188,000 followers on the social media platform X that lending platform Aave, metaverse project Decentraland (MANA) and indexing protocol The Graph (GRT) seeing large short ratios on Binance, the largest crypto exchange in the world. An imbalance in short sellers can often lead to a short squeeze or a quick, volatile bounce upward that liquidates short positions in a cascading manner. Says Santiment, “Altcoins to watch as cryptocurrency continues to enjoy its strong rebound…
[ad_1] Este artículo también está disponible en español. The world of online gambling is seeing a new wave of excitement, and Mpeppe (MPEPE) Casino is at the center of it. This meme-driven casino platform is quickly gaining popularity, especially among large investors or “whales” from major blockchain networks like Solana (SOL) and Cardano (ADA). With the promise of instant rewards, decentralized gaming, and viral meme culture, Mpeppe (MPEPE) Casino is offering these whales a chance to not only play but also potentially reap major profits in a fast-growing market. Why Solana (SOL) and Cardano (ADA) Whales Are Joining Mpeppe (MPEPE)…
[ad_1] The memecoin space continues to evolve with tokens like Floki (FLOKI), GoodEgg (GEGG), and DogWifHat (WIF) positioning themselves as major contenders for 2025. As the market looks ahead, these tokens have captured the attention of investors and traders alike, with significant whale activity, upcoming developments, and potential price breakouts. Floki (FLOKI) — A Memecoin Poised for Breakout Floki (FLOKI), a standout in the memecoin market, has seen promising price action and whale interest. Known for its strong community and ties to Elon Musk’s Shiba Inu puppy, FLOKI continues to make headlines. Currently consolidating in a symmetrical triangle, analysts are…
[ad_1] Este artículo también está disponible en español. Although Bitcoin (BTC) on-chain health remains net positive, from a price perspective two crucial support levels must be maintained for a continued bullish uptrend, notes ARK Invest in its latest monthly report. Bitcoin’s Healthy On-Chain Metrics, What Does It Mean? In its report, ARK Invest posits that Bitcoin requires some upside if its market structure is to be maintained. The report notes that in August 2024, BTC’s price slid by 8.7% to $58,972. The leading digital asset was also unable to overcome its 200-day moving average, making two key support areas at…
[ad_1] Dogecoin whales are starting to increase their holdings in what is a general uptick in activity on the Dogecoin blockchain. According to the latest on-chain data, addresses with large Dogecoin balances saw a remarkable surge in their holdings, with an approximate 960% increase occurring within just 24 hours. This accumulation by large holders coincides with a critical moment for the meme-based cryptocurrency, as it recently managed to break through a persistent downward-sloping trendline. Dogecoin Whales Add Millions To Their Stash According to data from the IntoTheBlock dashboard, Dogecoin large holders (also known as whales) recently saw their holdings increase…