Bitcoin’s Rising Activity Signals Potential Market Reversal
Bitcoin’s Surge in Active Addresses Hints at Market Bottom Bitcoin’s increasing on-chain activity suggests the crypto market could be nearing a turning point following its recent correction. Active addresses on the Bitcoin network have surged to a three-month high, indicating a potential shift in market sentiment. On 28 February, the
Bitcoin Prints a Bullish Hammer: Is It Better to Buy Now or Hold Off?
Bitcoin—BTC, bounced back to $95,500 on Tuesday after falling below $90,000 the day before. The dramatic drop caused over $734 million in liquidations, shaking the confidence of many traders. A bullish hammer on the chart signals potential recovery, but the risk of further volatility remains. With major macroeconomic events ahead,
Exploring crypto rewards: Earning free Bitcoin and Cutoshi
There’s hardly anything better than getting free Bitcoin, especially as the bull market is thriving. Many websites and exchanges give crypto away as part of their marketing and engagement strategies. Other times, crypto projects like Cutoshi offer access to earning mechanisms, such as farming and staking, that can print money
Bitcoin ETFs Face Third Week of Outflows, Losing $2.61 Billion
The crypto ETF market faced another turbulent week from February 24 to 28, with bitcoin ETFs recording a net outflow of $2.61 billion. This marked the third consecutive week of declines, reflecting growing bearish sentiment. The most significant single-day withdrawal occurred on February 26, when investors pulled $1 billion from
Brazil Orders Sam Altman’s World to Halt Crypto Payouts for Biometric Data Collection
Brazil’s data protection authority has directed Sam Altman’s World, formerly Worldcoin, to cease offering cryptocurrency or financial rewards for collecting biometric data from its citizens.This directive, issued on January 24, 2025, comes after an investigation launched in November 2024, following the debut of the World ID project in Brazil. What
Until April, the SEC will not make a decision on BlackRock’s spot Ethereum ETF options.
In a latest development, the US SEC has postponed its decision on BlackRock’s proposal to list and trade options on its spot Ethereum exchange-traded fund (ETF). The new deadline for the SEC’s decision is set for April 9, 2025. The SEC said it will decide on April 9, 2025, whether to approve
Crypto Bloodbath: $325 Billion Wiped Out Amid Market Turmoil
The crypto market has suffered a severe downturn, with $325 billion in market capitalization wiped out since Friday. According to The Kobeissi Letter, a staggering $100 billion was lost within just one hour on Tuesday morning, despite no major headlines triggering the sell-off. Bybit Hack Shakes Confidence The recent crash
Bitcoin Slips Below $90K Amid Market Uncertainty
Bitcoin has dropped to a three-month low, breaking below the $90,000 mark as selling pressure from equities spills into the crypto market. The leading cryptocurrency slid as low as $86,128.21, its lowest since November, before recovering slightly. Equities Sell-Off Weighs on Bitcoin The decline in Bitcoin’s price comes as stock
America’s Crypto Comeback: A New Era of Crypto Innovation
The United States is reclaiming its position as a global leader in crypto innovation. With the inauguration of President Trump, a wave of pro-crypto policies has swiftly emerged, marking a stark departure from the previous administration’s regulatory hostility. These reforms aim to restore confidence among blockchain innovators and stem the
In the Bitcoin Tax Case, Ross Ulbricht Demands Roger Ver’s Release
Ross Ulbricht, the recently pardoned creator of Silk Road, has publicly supported Roger Ver, who currently faces serious tax evasion charges in the United States. On February 20, Ulbricht posted on X, stating, “Roger Ver was there for me when I was down and needed help. Now Roger needs our support. No
