Semilore Faleti’s journey in the cryptocurrency world began with a broad spectrum of writing skills that eventually led him to specialize in journalism and content creation within the blockchain and cryptocurrency space. While he initially dabbled in writing on various topics, it was his natural ability to unravel the complexities of this intriguing world that
Cryptocurrency
Jan van Eck, the CEO of the investment management company VanEck, recently shared his thoughts on Bitcoin’s potential during the BTC Conference in the United States. He emphasized that over 30% of his portfolio is allocated to the primary digital asset, showcasing his strong belief in its future. VanEck is known for launching spot Bitcoin
Following the launch of the Spot Ethereum ETFs, the price of Ethereum (ETH) has faced unexpected challenges, contradicting the initial excitement surrounding the event. Despite the anticipation for investors to gain exposure to ETH without directly purchasing the token, the market response has been lackluster. Since the trading of Spot Ethereum ETFs commenced on July
This past week saw the launch of several Ethereum ETFs, a significant event in the world of cryptocurrency. However, despite this milestone, Ethereum’s price took a hit, dropping by over 10%. The support level at $3,300 flipped into a resistance, signaling a bearish sentiment in the market. If buyers fail to reclaim this level soon,
Robert Kennedy Jr., during the industry day of the annual Bitcoin conference in Nashville, Tennessee, presented a bold financial policy plan that aims to position the United States as the largest holder of Bitcoin globally. His strategy involves acquiring Bitcoin worth $619 billion to match the current US gold reserves, with the goal of reforming
A recent prediction by a crypto analyst suggests that Bitcoin (BTC) could potentially reach an unprecedented high of $263,000. This forecast is based on the observation of a technical pattern called the “Cup with Handle chart pattern.” According to the analyst, for Bitcoin to achieve this bullish surge, it will need to break above the
Cardano (ADA) has been facing a noticeable decrease in value over the past week, especially with the recent drop below the $0.41 mark. This decline is not isolated to ADA alone, as many other altcoins have also been reacting negatively to the significant decrease in Ethereum’s price within the last 24 hours. The recent downtrend
Recently, there has been a surge in activity among Ethereum whales in the market. These large investors have been actively accumulating Ethereum, the second-largest cryptocurrency by market cap, despite a downward trend in its price. This article will delve into the on-chain data surrounding Ethereum whales’ activities and analyze the potential implications for the price
In a surprising turn of events, a Bitcoin mining device known as Bitaxe, with a modest hashrate of 500 gigahashes per second (Gh/s), managed to successfully mine a block on July 24. This remarkable feat earned the lucky miner a substantial reward of $206,000 in Bitcoin. The device, produced by D-Central Technologies, is surprisingly compact,
Two prominent crypto companies, Coinbase and Revolut, recently found themselves on opposite ends of the spectrum when it came to dealing with the UK authorities. The UK’s Financial Conduct Authority (FCA) imposed a fine of £3.5 million ($4.5 million) on CB Payments Limited (CBPL), a subsidiary of Coinbase Group, for violations related to Anti-Money Laundering