Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011. Lee wanted to create a cryptocurrency faster than Bitcoin and easily accessible, with the aim to process a block in every two and a half minutes compared to ten minutes of bitcoin. So, let’s look at how to mine … Read more
Artificial Intelligence, perpetual contracts, and trading bots are three key crypto narratives to watch this week. AI-focused tokens like TAO and FET have risen 61% and 71%, while VIRTUAL reached a $3.3 billion market cap, making it the second-largest AI token. Perpetuals have also gained momentum, with Hyperliquid driving $98 billion in weekly DEX volume … Read more
Ethereum ETFs closed the week strong with inflows above $300 million while bitcoin ETFs saw outflows of close to $400 million. Last Week of 2024 Sees Outflows for Bitcoin ETFs and Inflows for Ethereum ETFs Bitcoin and ethereum exchange-traded funds (ETFs) experienced mixed fortunes in the final week of 2024. According to Sosovalue‘s weekly inflow/outflow … Read more
TL;DR The Ripple v. SEC case culminated in August when Judge Torres ordered the company to pay a $125 million fine for breaching certain securities laws. The penalty represented a substantial reduction of what the regulator initially asked for. Donald Trump’s election victory and Gary Gensler’s announced resignation fueled optimism among XRP supporters, expecting pro-crypto … Read more
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XRP NVT Ratio shows network value outpacing transaction activity MACD remains bearishly positioned with no reversal signals Price consolidates between $2.00 and $2.73 resistance XRP finds itself at a challenging crossroads as the year draws to a close, with the coveted $3.00 milestone remaining elusive. The cryptocurrency’s prolonged consolidation phase suggests that investors may need … Read more
Follow Nikolaus On 𝕏 Here For Daily Posts Look, I know I am late to the party. I remember covering the news of MicroStrategy’s first bitcoin purchase, and I’ve watched the stock rise from $14 to $400 per share. All that time, I didn’t buy. Yet, this past Friday, for the first time since 2018, … Read more
The civil case between the US financial regulator and Gemini Trust Company was initially scheduled to go to trial before Donald Trump’s inauguration.
Tether, the issuer of $140 billion stablecoin leader USDT, increased its Bitcoin holdings by $700 million. Tether added 7,629 Bitcoin (BTC) alued at approximately $700 million to its corporate crypto reserve address on Dec. 30, according to transaction data from on-chain insight provider Arkham. The (USDT) stablecoin operator now holds 82,983 BTC, worth $7.7 billion … Read more
A bearish chart pattern on Bitcoin’s daily timeframe threatens to send BTC price to new lows. Here’s what must happen to avoid it.