Bitcoin, the leading cryptocurrency, has shown significant price volatility in recent days. Despite the continuous inflows into US-based ETFs, the price of Bitcoin plummeted by more than three thousand dollars in just a few hours. This sudden drop has raised questions about the factors influencing Bitcoin’s price movements, particularly in the context of the approval
Pro
XRP has been hovering around the $0.52 mark recently, leading some analysts to predict a potential rise to $0.70 this summer. One analyst, DustyBC Crypto, highlighted XRP’s progress over the past year and suggested that an uptick towards $0.70 could be on the horizon. Another analyst, Blockchainedbb, pointed out that XRP has been in a
Recently, a popular on-chain sleuth brought to light the fraudulent activity involving an early investor in the Solana-based meme coin known as ANDY. The exploit resulted in a whopping $2 million worth of meme coins being drained in several transactions. This malicious actor wasted no time in swapping half of the ill-gotten profits for ETH
The Bitcoin price has been hovering around the $71,000 level, showing signs of indecisiveness and uncertainty. This stagnant period often precedes a significant move in the market, but predicting the direction in which the price will head is a challenging task. Crypto analyst Alan Santana has conducted a thorough analysis of the Bitcoin chart to
The objections raised by creditors of the bankrupt cryptocurrency exchange FTX highlight significant concerns regarding the proposed reorganization plan. One of the key issues revolves around the failure to address property rights issues and meet the best interest test as required by the Bankruptcy Code. This omission raises questions about the fairness and legality of
Semler Scientific, a med-tech company based in California, has recently made headlines with its strategic move of purchasing additional bitcoins. The company acquired an additional 247 BTC for $17 million, bringing its total bitcoin holdings to 828, which were acquired for $57 million. This bold investment move aligns with Semler’s corporate strategy and signifies a
The founder of LookIntoBitcoin, Philip Swift, recently pointed out the importance of global liquidity reaching an all-time high. He emphasized that this could be a crucial factor in driving Bitcoin’s price surge in the current bull run. Swift’s analysis revealed that global liquidity had surpassed $94 trillion, approaching the $100 trillion mark. This significant increase
McDonald’s Singapore has taken a bold step into the metaverse with the launch of its digital environment called “My Happy Place.” Developed in partnership with Bandwagon Labs, this virtual space is accessible through the official McDonald’s app and offers a combination of virtual and real-world experiences. The platform is designed to provide users, especially 2023
The recent surge in Bitcoin’s price, surpassing the $70,000 mark, has sparked optimism among long-term holders who have now seen their holdings enter the profit zone. This surge has been particularly evident among US-based investors, as indicated by the positive Coinbase premium. The Coinbase Premium Index (CPI), previously in the negative since May 18, has
The metaverse is no longer a distant concept; it is now a reality that is transforming the digital world and how we engage with it. Metaverse apps act as gateways to these virtual shared spaces, offering immersive experiences, social interactions, and economic activities in a 3D environment. The concept of a metaverse app bud is