Sat, February 1

Peter Schiff Proposes ‘USA Coin’ as Alternative to Strategic Bitcoin Reserve

Peter Schiff has again made his strong stance against the Strategic Bitcoin Reserve known. This time, the renowned economist has proposed an alternative that the US could adopt instead of implementing a Strategic Bitcoin Reserve. In an X post, Peter Schiff stated that the US could save a lot of

December 22, 2024 2 mins read

Michael Saylor Proposes U.S. Digital Asset Framework

Michael Saylor, the CEO of MicroStrategy and a strong Bitcoin supporter, has introduced a new proposal for the U.S. government called the “Digital Asset Framework.” This plan aims to boost the U.S. economy, enhance the value of the U.S. dollar, and position the country as a leader in the global

December 21, 2024 2 mins read

Bitcoin price surges to $99.5K in just hours after record ETF outflows

Bitcoin saw a price jump, gaining $7,000 in less than 24 hours. It bounced back from lows near $92,000 and came close to hitting $100,000, with a high of $99,500 on Bitstamp. This rise was mainly driven by strong buying on Coinbase, which helped push prices higher despite the lack

December 21, 2024 2 mins read

Why Is Ethereum Facing Multiple Rejections at $4,000?

Ethereum (ETH) has been struggling to break above the $4,100 mark, a level it last crossed in March 2024 but has since faced repeated rejections. Despite occasional bounces, ETH has failed to maintain momentum above this key level, even as Bitcoin (BTC) continues to hit new highs. Today, Ethereum’s price

December 21, 2024 2 mins read

Powerloom Clocks Over 1 Billion Unique Data Points Ahead of Highly Anticipated Mainnet Launch

Since the first testnet launch in February of 2024, Powerloom, the next-generation data layer for onchain apps, is ecstatic to announce that its decentralized network of Snapshotter nodes has amassed more than one billion snapshots, which are unique data points. It has gained more than 5300 Snapshotter nodes, which continually record state changes

December 21, 2024 5 mins read

Ethereum Tests Critical $3,400 Support as Whales Move $370M to Exchanges

Ethereum faces a crucial test of market confidence as its price retreats below the psychologically important $3,500 level, coinciding with Bitcoin’s drop under $96,000. This correction has triggered significant movements among major holders and institutional investors, potentially setting the stage for further price discovery. Ethereum Technical Picture Unfolds The triple

December 20, 2024 1 min read

Social Media Buzz on ‘Buy the Dip’ Surges to 8 Month High as Bitcoin Dips

Social media discussions about “buying the dip” have surged to an eight-month high as Bitcoin’s price recently fell below $100,000. This decline sparked a wave of chatter among investors, with the social dominance score hitting its highest level since April. Despite the drop, search interest in crypto remains strong, signaling

December 20, 2024 2 mins read

El Salvador Buys 11 Bitcoin a Day After IMF Loan Deal

El Salvador has been purchasing 11 BTC for $1 million, a day after reaching a $1.4 billion loan agreement with the International Monetary Fund (IMF). This purchase adds to the country’s growing Bitcoin reserves, totalling nearly 6,000 BTC, valued at around $580 million. However, this move comes at a critical

December 20, 2024 2 mins read

How Will Shiba Inu’s Partnership with Chainlink Impact Its Ecosystem?

Shiba Inu’s Layer-2 blockchain, Shibarium, has teamed up with Chainlink to enhance its decentralized ecosystem with cross-chain interoperability. According to the Dec 20th announcement, this collaboration brings Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to Shiba Inu, enabling its tokens—SHIB, LEASH, and BONE—to operate seamlessly across 12 different blockchains. Further, by adopting

December 20, 2024 1 min read

Cryptopia Exchange Commences Fund Recovery for Hack Victims

The New Zealand-based cryptocurrency exchange, Cryptopia, has initiated the reimbursing process after years of liquidation proceedings. The liquidating firm of the exchange, Grant Thornton, has begun the distribution of recovered assets to verified account holders.  In the initial phase, more than 10K users have received approximately NZD 400 million ($224.9

December 20, 2024 2 mins read
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