Peter Brandt, a well-known crypto expert, recently suggested that the Bitcoin top for this market cycle may have already occurred. He based his conclusion on his “exponential decay” thesis, which he believes could actually benefit the Bitcoin ecosystem. Brandt pointed to historical data indicating that Bitcoin’s price has peaked, referencing an “exponential decay” pattern that
Recently, the Bitcoin network achieved a remarkable milestone as its daily transactions peaked at 927,000, exceeding the previous record of 724,000 set in December 2023. This surge in transaction volume can be attributed to the introduction of Runes, a new token standard on the Bitcoin blockchain. The increased activity indicates a growing interest and utility
The cryptocurrency community is buzzing with excitement following a recent prediction made by a deep learning model regarding Bitcoin’s price trajectory in the near future. Despite the AI’s optimistic forecast, financial experts are urging caution when interpreting these projections. Bitcoin has remained relatively stagnant around the $64,000 mark, leaving many investors puzzled about its next
The world of digital collectibles is evolving rapidly, with projects like ARdinals paving the way for immersive augmented reality experiences. ARdinals offer a unique platform where individuals can create their own AR-driven Ordinal collection, bridging the gap between the digital and physical worlds. By enhancing existing Ordinals with AR technology, ARdinals allow collectors to interact
Verasity, a leading ad-tech company, has recently revealed a strategic partnership with Creo Engine, a rapidly growing web3 gaming platform. This collaboration aims to incorporate VeraViews’ video player capabilities and in-game rewards into Creo Play’s extensive gaming library. The CEO of Verasity, RJ Mark, expressed his excitement about this partnership, highlighting it as the first
US Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) have jointly called for authorities to take decisive action against the utilization of cryptocurrency in the distribution of child sexual abuse material (CSAM). In a bipartisan letter penned on April 26 to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas, the lawmakers emphasized
In the recent week, there has been a significant increase in Ethereum withdrawals from centralized exchanges, indicating a shift in investor sentiment. The amount of ETH withdrawn is worth almost $800 million, raising questions about the potential impact on the cryptocurrency’s price. Investors appear to be taking action to secure their positions amidst the uncertain
The Spot Bitcoin ETFs have been experiencing a decline in demand since the beginning of this month, leading to significant outflows recorded on April 26. Farside Investors highlighted in a post on X (formerly Twitter) that the Spot Bitcoin ETFs saw $217 million of net outflows on April 25, marking one of the largest outflows
In the fast-paced world of cryptocurrency, new tokens are constantly being launched to capture the attention of investors. One of the latest tokens to make waves is SPACEX, the brainchild of a dedicated developer behind the @Elon_Meme_Token X handle. With successful introductions of multi-chain versions for ELON and TESSLA tokens, SPACEX is now ready to
The TON Foundation is a non-profit organization dedicated to promoting and developing the Ton blockchain, a fast and scalable multi-blockchain platform for decentralized applications (dApps). They are responsible for managing and allocating the native TON token, as well as supporting projects and individuals building on the Ton blockchain ecosystem. The Airdrop Opportunity Recently, the TON
The recent sentencing of Jabara Igbara, popularly known as “Jay Mazini,” to seven years in prison by U.S. District Judge Frederic Block has shed light on the dark underbelly of social media influencers. Igbara, who flaunted his wealth and success as a crypto millionaire on Instagram, has been exposed as a fraudster who scammed investors
Recent data from analytics platform IntoTheBlock has shed light on a concerning trend within the Cardano (ADA) network, revealing a significant dip in profitability for its holders. Unlike cryptocurrencies like Bitcoin and TRX, which show a high percentage of holders in profit, Cardano stands out with only 35% of its holders currently seeing gains. This
Bitcoin (BTC) has experienced significant pullbacks since the bear market in 2022, with losses amounting to as much as 23% at times. These drops in value present a crucial opportunity for savvy investors to accumulate BTC at lower prices, potentially maximizing their returns in the long run. Crypto trader and analyst Rekt Capital highlighted the
Chief economist and Bitcoin critic, Peter Schiff, has recently issued a somber prediction regarding the future of the world’s largest cryptocurrency, Bitcoin. In a tweet, Schiff shared a price chart of Bitcoin against the United States Dollar, highlighting Bitcoin’s price at $63,814 with key support levels around $60,000. Schiff emphasized the importance of Bitcoin maintaining