Bitcoin continued to trade narrowly on Wednesday after a nine-week extended sell-off. As of writing, the top crypto-asset was selling for $30,210 up 1.14% in the past 24 hours. Bitcoin’s choppiness has also been mirrored in other cryptocurrencies with ETH, BNB, XRP, and SOL among others getting stuck in price squeezes. Cardano’s ADA has however been the biggest gainer in […]

Market mood remained tethered to inflation and growth worries amidst the anxiety surrounding interest rate review by the ECB due on Thursday and the inflation data release from the U.S. due on Friday. A second-quarter loss warning by Credit Suisse dragged down banking stocks. Meanwhile, the Reserve Bank of India hiked key rates by 50 basis points and also raised […]

Summary: Vitalik Buterin opposes the banning of Proof-of-Work mining operations by governments. According to Vitalik, governments picking and choosing which specific applications should use electricity or not is a bad idea. He proposes the implementation of carbon pricing as an alternative solution to banning PoW mining. Vitalik was commenting on the news that the State of New York has passed […]

In a recent interview, legendary American value investor William H. Miller III shared his thoughts on Bitcoin. Miller is the Founder, Chairman, and Chief Investment Officer of investment firm Miller Value Partners, as well as the portfolio manager of firm’s mutual funds “Opportunity Equity” and “Income Strategy”. Before starting Miller Value Partners, Bill Miller and Ernie Kiehne founded Legg Mason Capital Management, and they worked as […]

In April, the Central African Republic took the bold step of becoming the second country to adopt Bitcoin as legal tender. However, there’s more to their adoption of blockchain technology than just making Bitcoin legal tender. Novel Plan To Open Up The Economy Using Blockchain Technology  In a tweet today, Faustin Archange Touadera, the CAR’s president, shared a press release […]

A former employee of an NFT marketplace OpenSea was charged with one count of wire fraud and one count of money laundering in connection with a scheme to commit insider trading in Non-Fungible Tokens, or NFTs, according to a statement by the U.S. Department of Justice (DoJ). This is the first case of its type involving insider trading in digital […]

On Thursday (June 2), with Bitcoin trading around the $430,000 level, prominent crypto analyst and trader Scott Melker (aka “Wolf of All Streets”) was asked if he still thinks that “Bitcoin is going to the moon”. Melker, who is the host of the “Wolf of All Streets” podcast and the author of “The Wolf Den Crypto Newsletter“, was asked this question during an […]

Data from the Bitcoin ($BTC) blockchain shows that large whales on the network have been taking advantage of the cryptocurrency’s market downturn to accumulate more BTC after distributing their coins ahead of the recent sell-off. According to Glassnode’s latest on-chain report, a metric known as the “Accumulation Trend Score” has been at a 0.9 high for nearly two weeks now. […]

Despite the overall bearish sentiment in the crypto markets, strategists at the American multinational investment bank JPMorgan believe that there is immense upside potential. According to the bank strategists, Bitcoin is undervalued and is on the cusp of seeing a double-digit percentage upswing. In an investment note authored by the bank’s investment strategists, JPMorgan expressed that Bitcoin could see a […]