Categoria: Uncategorized

Dragonfly Capital may soon find itself in the crosshairs of U.S. prosecutors over its 2020 investment in Tornado Cash developer PepperSec, Inc., the firm behind the now-sanctioned crypto privacy protocol. Key Takeaways: Dragonfly Capital may face legal scrutiny over its 2020 investment in Tornado Cash developer PepperSec. Managing partner Haseeb Qureshi defended the move, citing…

Bitcoin’s price has demonstrated resilience, climbing above $118,000 after weathering significant selling pressure from whale activity. This recovery has sparked discussions among market participants about the extent to which large holders and long-dormant wallets influence Bitcoin’s price movements. Contrary to widespread assumptions about whale dominance, recent insight from River, a Bitcoin-focused financial institution, shows that…

Solana is gaining massive traction as Bitcoin dominance decreases and altcoin season accelerates, with SOL currently testing critical resistance around $188 after breaking above key technical formations. The cryptocurrency has successfully penetrated the major resistance zone between $175.96 and $185.56, positioning itself for a potential breakout toward 2021 highs near $260. Technical analysis across multiple…

Ethereum price has established the $3,500 threshold as a critical launchpad level, while smart money rotation from Bitcoin creates unprecedented institutional demand. ETFs have purchased 1,368,980 ETH this month, compared to only 72,513 ETH minted, effectively buying 18 months’ worth of supply in just three weeks. This supply shock coincides with extreme bearish positioning in…

Ripple’s chief technology officer David Schwartz has admitted that he once faked a fan Q&A session with Ozzy Osbourne and the members of Black Sabbath. Key Takeaways: Ripple CTO David Schwartz admitted to faking a live fan Q&A with Ozzy Osbourne and Black Sabbath. Schwartz used pre-written questions and censored Osbourne’s profanity due to technical…

El Salvador’s Bitcoin experiment appears to be faltering under the weight of an International Monetary Fund (IMF) loan agreement and declining public engagement, according to the non-profit group My First Bitcoin. Key Takeaways: El Salvador’s Bitcoin adoption has slowed due to IMF loan restrictions and lack of public education. The government agreed to halt new…

Perplexity AI predicts that a range of top-tier altcoins could reach unprecedented price levels by late 2025, bolstered by the likelihood of another Bitcoin bull run. Bitcoin surged to an all-time high of $122,838 last Monday, a milestone that analysts suggest could hasten the mainstream adoption of cryptocurrencies if upward trajectory persists, supported by legislation…

Crypto progenitor Bitcoin’s historic move to an unprecedented price high of $122,838 last Monday reignited strong bullish sentiment among traders. Although the asset has since retreated by 5.7%, optimism remains high for another potential breakout. The rapid ascent in Bitcoin’s value has simultaneously propelled major altcoins and many of the best meme coins upwards. Tokens…

The United States is quickly becoming a hub for crypto entrepreneurs due to recent approval of positive blockchain legislation. The GENUIS Act was signed into law on July 18, marking a significant milestone for stablecoin adoption. Following this, Republican leaders on the US Senate Banking Committee released their version of legislation for a digital asset…

Bitwise Chief Investment Officer Matt Hougan says the long-observed four-year crypto cycle may no longer apply to the current market. In a recent discussion with Bitcoin advocate Kyle Chassé and Bloomberg ETF analyst James Seyffart, Hougan argued that the historical pattern is breaking down, and a longer, more sustained growth phase could be on the…