In a remarkable turn of events, a cryptocurrency trader managed to turn a mere $310 investment into a staggering $5 million in just three months. The trader’s success story, which was brought to light by on-chain smart money investigator X account @lookonchain, has captured the attention of the crypto community. The Path to Success The
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Bitcoin’s market resiliency has been a topic of discussion recently, with lead Glassnode analyst James Check predicting a bullish trajectory for the cryptocurrency. According to him, the Bitcoin market has shown stronger foundations compared to previous cycles, citing the entry into a “bull market distribution phase” after the launch of U.S. Bitcoin ETFs by BlackRock
A recent report has shed light on the total amount of Bitcoin assets held by Elon Musk’s companies, Tesla and SpaceX, as well as the profits they have generated thus far. Arkham Intelligence, an AI-based blockchain analytics platform, disclosed the Bitcoin holdings of both SpaceX and Tesla, two companies co-founded by Elon Musk. The report
Ethereum-based altcoins have been gaining attention lately due to notable whale activity, as indicated by the “whale transaction count.” This metric tracks large transfers valued at $100,000 or more on the network, typically associated with significant entities known as whales. High values of this metric suggest increased interest from whales, while low values indicate the
Cryptocurrency enthusiasts are abuzz with excitement following the optimistic prediction made by well-known analyst Willy Woo regarding the future of Bitcoin (BTC). Woo, who has a track record of accurate forecasts, believes that a significant surge in the value of Bitcoin is imminent. This prediction is based on the recent approval of spot Bitcoin ETFs,
In a bold move, leading travel agency Travala has introduced Bitcoin cashback rewards for its users. This groundbreaking initiative has the potential to redefine the way we view loyalty programs and travel rewards. By partnering with the AVA Foundation, Travala has demonstrated its commitment to innovation and customer satisfaction. One of the key advantages of
The Spanish data protection regulator, AEPD, recently took action against Worldcoin by instructing the company to cease the collection of personal data in the country through scans. Additionally, Worldcoin was directed to refrain from utilizing any data that had already been obtained. This decision came after AEPD received multiple complaints about Worldcoin dating back to
US Federal Reserve Chair Jerome Powell recently addressed lawmakers about the Federal Reserve’s position on a central bank digital currency (CBDC). During a Senate Banking Committee hearing on monetary policy, Powell emphasized that the regulator is not close to adopting or recommending a CBDC. One of the main concerns raised by Powell was related to
In recent years, Ethereum has been making waves in the world of cryptocurrency as the vanguard for a revolutionary financial system. Advocates of this blockchain extol the virtues of smart contracts, envisioning a future marked by market transparency, tokenized funds, and expeditious settlement times. At the time of writing, Ether was trading at $3,780, showing
In the world of cryptocurrency investing, macro tailwinds have provided a boost to altcoins following dovish commentary from Fed Chair Jerome Powell. This has led to major cryptos like Bitcoin and Ether seeing gains and a push back towards recent highs. However, investors seeking the best crypto to buy today may want to consider smaller
The recent surge in the price of Bitcoin sparked excitement among crypto traders as the cryptocurrency surpassed its previous all-time high. However, this euphoria was short-lived as Bitcoin experienced a significant dip shortly after reaching new heights. On-chain data has revealed an interesting scenario that contributed to the selling pressure leading to the crash. The
Neon Machine’s flagship game, Shrapnel, has been gaining attention in the blockchain gaming community due to its unique use of SHRAP tokens. These tokens play a crucial role in the Shrapnel ecosystem, providing rewards, enabling player-created content, and facilitating community engagement. Recently, Neon Machine announced a revision in its SHRAP token unlock schedule, signaling a
Binance.US, the popular cryptocurrency trading platform, has recently been struggling with significant challenges. Chief Operating Officer Christopher Blodgett recently revealed that the company had to let go of over 200 employees, representing two-thirds of its workforce, due to legal actions taken by the U.S. Securities and Exchange Commission (SEC). This downsizing was a result of
The recent decline in Cardano (ADA) value, coinciding with Bitcoin’s retreat from its all-time high, has sparked interest from crypto analysts such as Dan Gambardello. Gambardello views this pullback as a positive development, suggesting that it aligns with historical patterns that may indicate a strengthening market for ADA. His analysis of ADA’s recent price action