August, 2024

August, 2024

Ripple and Dubai’s DIFC to catalyze blockchain tech expansion in the region
Ripple (XRP) is looking to boost blockchain technology adoption in the Middle East through a partnership with the Dubai International Financial Centre (DIFC) Innovation Hub, according to an Aug. 7 sta...

Bitcoin distribution rate slows down, potential shift towards accumulation
Quick Take At the end of July, Bitcoin’s price surged to approximately $70,000. However, Glassnode data reveals that investor cohorts were capitalizing on this peak by selling off their holdings. Ar...

Bitcoin vs. Ethereum: historical data predicts expanding gap in H2
Quick Take Bitcoin remains the benchmark for global assets performance, boasting an impressive compound annual growth rate (CAGR) of 63%. Despite a recent price drawdown, it remains one of the best-pe...

Rumors Elon Musk’s X nears payment system launch, battles advertisers in court
Social media platform X (formerly Twitter) may be approaching its payment system goals, according to independent app researcher Nima Owji. On Aug. 5, Owji revealed that X was developing a “Payments�...

Fidelity’s Bitcoin ETF faces 7th consecutive outflow as Ethereum ETFs continue inflows
Quick Take Bitcoin On Aug. 6, Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) experienced $148.6 mill...

Bitcoin Indicator Flashing November 2022-Style Bottom Signal, According to Crypto Analyst
A closely followed crypto analyst says that one key indicator is flashing a similar bottom signal for Bitcoin (BTC) as it did in November 2022. In a new strategy session, crypto trader Ali Martinez te...

Crypto Analyst Benjamin Cowen Says Massive Ethereum Breakdown Looking More Believable Following ETH Correction
An analyst who accurately called the most recent crypto correction is issuing a dire warning to Ethereum (ETH) holders. Crypto strategist Benjamin Cowen tells his 845,000 followers on the social media...

Trader Peter Brandt Forecasts Potential Bitcoin Breakout, Says BTC Correction Now Similar to 2017 Pullback
Seasoned trader Peter Brandt is suggesting that Bitcoin (BTC) may be gearing up for a massive breakout after Monday’s sharp decline. Brandt tells his 732,800 followers on the social media platform X...

Crypto Whale Accumulations Drive Swift Market Recovery, Say Analysts
Bitcoin (BTC), Ethereum (ETH), and the broader crypto market have notably recovered following Monday’s market meltdown. After dipping to the $49,000 level on August 5, Bitcoin is now trading at $...

Crypto Market Faced $1 Billion Liquidation: Experts Share Insights on What Comes Next
On Monday, the crypto market faced a seismic shock this week with over $1 billion liquidation, plunging the fear and greed index into the extreme fear zone. As the market teeters on the brink of u...

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November