Bitcoin’s (BTC) latest dump has market participants speculating whether there will be more bloodshed in the coming weeks or if the asset’s value will record a significant recovery. Market analytics firm Santiment has identified some on-chain indicators that can offer insight into bitcoin’s movement in the short term. According to Santiment, several on-chain metrics signal…
Metaplanet has issued ¥2 billion ($13.3 million) through a zero-interest bond to increase its Bitcoin holdings. According to the company’s announcement, the bonds were approved on Mar. 12 and will mature on Sep. 11, 2025. The funds raised will be used to buy more Bitcoin (BTC), while repayment is expected to come from the exercise…
Key Takeaways Starknet aims to connect Bitcoin and Ethereum networks to expand DeFi opportunities. The protocol seeks to dramatically reduce transaction fees and increase processing speeds. Share this article Starknet announced today its plan to become the first layer 2 network that settles transactions on both Bitcoin and Ethereum. The firm aims to unify the…
Why is Trump Crashing the Stock Market? Trump stock market woes are rocking retail traders, but why is Trump crashing market? If you’re wondering why Trump is crashing the stock market, there might be a method to the president’s madness. In hindsight, the inauguration was the top signal. Why did everybody ignore it? Bitcoin almost…
A widespread outage hit X on Monday which affected users across the world. Many experienced connectivity problems early in the day, with error messages appearing on their screens. Downdetector tracked a peak of 40,000 complaints as the service remained unstable for several hours. A hacker group with alleged Russian ties, known as Dark Storm, has…
Ben Gagnon, Bitfarms’ Chief Executive Officer, shared his thoughts on how new geopolitical challenges from the Trump administration would impact the Bitcoin mining industry. Gagnon said during a Bloomberg TV interview on March 11 that both the US and Canada have been energy-driven economies for more than 200 years. Blessed with easy access to affordable…
Key Takeaways Nasdaq has filed with the SEC to list Grayscale Hedera Trust holding HBAR tokens. HBAR is the 16th largest crypto asset by market capitalization. Share this article The US SEC has acknowledged a proposed rule change that would allow Nasdaq to list and trade shares of the Grayscale Hedera Trust. Upon acknowledging the…
Most inexperienced investors make the mistake of believing they’re late to the game with Bitcoin. Nope. Wrong! Although Bitcoin is the top dog, there’s still plenty of room for it to grow and dethrone gold’s market cap (that’s a 10x gain when that happens by the way). Let’s discuss two reasons why you’re still an…
Broader economic concerns, including recession fears and stubborn inflation, have rattled the crypto market, leading to a sharp downturn. Bitcoin has struggled under these conditions, which, in turn, has forced miners to sell more BTC to sustain operations. As a result, increased selling pressure from miners has compounded market instability. Miners Offload BTC to Cover…
Base, the layer-2 network by Coinbase, could dominate the decentralized finance and consumer applications market starting in the second quarter, according to blockchain analytics firm Nansen. Nansen’s latest report highlights on-chain activity, robust metrics, and a growing user base as some of the catalysts that signal a potential explosive performance for Base in Q2. This…
