Author: finance
In the rapidly evolving world of decentralized finance (DeFi), significant advancements are consistently making waves. One such development that has caught the attention of the crypto community is the integration of Dogecoin into Rosen Bridge’s secure cross-chain ecosystem. This significant move is set to unlock a vast range of DeFi opportunities for Dogecoin holders, expanding their scope to yield farming, staking, and privacy features. This stride takes place within the space of about two weeks as Rosen Bridge already asserts a resolute security infrastructure supporting major blockchain platforms, including Ergo, Cardano, Ethereum, and BNB. # Rosen Bridge Welcomes Dogecoin Previously,…
Immerse yourself in the exhilarating world of cryptocurrencies, where fortunes can be made or lost in the blink of an eye. The global cryptocurrency market has been making headlines recently, with Bitcoin’s unexpected surge reaching critical resistance levels. But not all is rosy in the crypto garden. Some investors are predicting a downturn for the digital giant, triggering alarm throughout the blockchain network. The following content elucidates the market trends and investor behavior that shape Bitcoin’s future. Concerns Mount as Large Investors Bet Against Bitcoin Increased Shorting Activity Among Whale Investors Bitcoin’s inability to surpass its significant resistance levels is…
The crypto market is known for its volatility, constantly being influenced by a myriad of factors. One such influential data point that often goes unnoticed is the supply of crypto assets on exchanges. The amount of Ethereum (ETH) sitting on exchanges can provide key insights into investment behavior and potential price fluctuations. Dive into the data-rich world of on-chain analysis to unravel the intriguing correlation between the Ethereum supply on exchanges and its market price. Ethereum Supply on Exchange: A Defining Factor for Crypto Market According to an authoritative on-chain analytics firm, Santiment, there has been a dramatic decline in…
As we navigate the complex and sometimes murky world of blockchain and cryptocurrency, clarity on regulatory aspects has been a much-needed pillar. In a recent move, the United States Securities and Exchange Commission (SEC) has brought discernment to a considerable issue in this space. The SEC has clarified that activities related to Bitcoin (BTC) mining do not fall under the scope of securities trading as per the US law. This critical clarification is not merely a bureaucratic detail but a pivotal guide for those involved in crypto mining and the broader blockchain community. It confirms that mining operations on public,…
Dive into the tumultuous world of Bitcoin investment, where the political climate can significantly impact the financial standing of cryptocurrency holders. Following President Donald Trump’s re-election, a contrasting phenomenon has unfolded within the Bitcoin market. Whereas Trump’s previous win bolstered the cryptocurrency community, contributing to the exponential growth of Bitcoin millionaires, his return to office has sparked an unfortunate downturn in Bitcoin holdings. # Unraveling the Dwindling Trend of Bitcoin Millionaires According to research conducted by Finances Zippy, since Trump’s inauguration for his second tenure on January 21, 2024, the Bitcoin sector witnessed a shocking decrease in the number of…
Drawing from our network of seasoned industry experts, our editorial team delivers meticulously crafted, factual, and unbiased content. Our adherence to exact sourcing standards coupled with rigorous review processes ensures that our content maintains integrity and value for our readers, while sturdily positioning itself in Google’s EEAT & YMYL ranks. Recently, Charles Hoskinson, the founder of Cardano, addressed intensifying allegations of academic misconduct and scams through an impassioned livestream. Offering a detailed counter to these accusations, this 36-minute live session highlighted Cardano’s foundation in science, the strides it has made over the past decade, and Hoskinson’s personal contributions to the…
With the global financial landscape becoming more tumultuous, and trade relations fraught with unease, the cryptocurrency world continues to exhibit considerable instability. Recent policy decisions such as the tariff declarations issued by President Trump have significantly impacted the market, causing substantial declines in the valuations of various cryptocurrencies. Despite these setbacks, investors remain undeterred as they search for the next promising digital asset that could potentially offer robust growth in the face of the prevailing uncertainty. A thorough study of the current market trends was conducted by the financial experts at Finbold, who also consulted the AI model ChatGPT-4o to…
As we delve into the realm of digital assets, we find ourselves at the heart of a compelling discussion initiated by former President Donald Trump. He spearheaded a conversation on the strategic national approach to Bitcoin (BTC) at the recent Blockworks Digital Asset Summit in New York City. Trump’s revolutionary ideas for the blockchain industry are aimed at strengthening the United States’ position in the global cryptocurrency sector, with Bitcoin in the driver’s seat. Envisioning a Strong US Foothold in the Bitcoin Arena Trump communicated plans for a national Bitcoin reserve while endorsing legislation that bolsters the crypto industry’s growth.…
Diving into the ever-evolving world of cryptocurrencies, Shiba Inu (SHIB) has recently been a topic of interest due to certain promising developments. After setting the stage during the meme coin craze, SHIB has had its share of ups and downs, but recent indications suggest an interesting move towards growth. Despite struggling in the initial months of the year and facing formidable competition from Dogecoin, the project’s new focus on utility is starting to generate positive signals in the market. # An Insightful Look At Shiba Inu (SHIB) and Its Market Performance At present, SHIB’s performance is valued at $0.00001251, marking…
As we peel back the layers of the Bitcoin market’s recent behavior, intriguing patterns emerge that speak volumes about the cryptocurrency’s current state. On-chain data reveals an unexpected dip in Bitcoin’s ‘Hot Supply,’ an occurrence that could have a profound impact on this digital currency’s future. This article delves deeper into this phenomenon, explaining what it could mean for Bitcoin investors, traders, and stakeholders. Bitcoin’s Hot Supply Dips to a Mere 2.8% Leading on-chain analytics firm, Glassnode, discloses a noteworthy trend in Bitcoin’s Hot Supply, which has seen a significant decrease in the last quarter. The Hot Supply refers to…