Bitcoin has undergone a significant technical formation known as the “Cup and Handle” pattern, as identified by Matt Dines, the Chief Investment Officer at Build Asset Management. This pattern, which resembles a cup and handle, is considered a strong bullish signal and is closely followed by market analysts and traders. The formation of this pattern
Genesis Global, a prominent cryptocurrency company, has received approval from the bankruptcy court to sell approximately 35 million shares of Grayscale Bitcoin Trust (GBTC), with an estimated value of $1.3 billion. This decision, made by U.S. Bankruptcy Judge Sean Lane in a court hearing held in White Plains, New York, grants Genesis the authority to
Lamborghini, renowned for its opulent sports cars, is making headlines in the digital realm with its recent announcement. Teaming up with VeVe, a well-known digital marketplace for premium licensed digital collectibles, Lamborghini is set to unveil a new NFT car collection on February 18. NFTs have been gaining traction as a distinctive method to own
In a recent testimony to Congress, Brian Nelson, the Undersecretary for Terrorism and Financial Intelligence at the US Department of the Treasury, debunked widely held beliefs about the extent of cryptocurrency’s role in funding terrorist activities. Nelson’s insights, shared during the House Financial Services Committee hearing, challenged the narratives perpetuated by previous reports, specifically regarding
Cardano (ADA) has exhibited remarkable progress during the fourth quarter (Q4) of 2023, surpassing its competitors and demonstrating impressive growth in key metrics, according to a report by Messari. This article will delve into the various aspects of Cardano’s success in Q4 and analyze the factors contributing to its continued upward trajectory. One of the
The founder of Uniswap, Hayden Adams, recently alerted the crypto community to a concerning new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets. These scams involve fake clones of Ethereum Name Service (ENS) domains, where scammers purchase domains closely resembling legitimate Ethereum addresses. This allows them to deceive users and
The entertainment industry is constantly evolving, with Gala Film leading the way in transforming the cinema experience through the utilization of Web3 technology. Gala Film’s innovative approach aims to make entertainment more accessible and rewarding for all users, potentially ushering in a new era in the industry. One of Gala Film’s key concepts is the
Bitcoin, the undisputed king of cryptocurrencies, has once again captured the attention of investors with its recent price surge, surpassing the coveted $50,000 mark. This rally, coupled with an “extreme greed” reading on the Crypto Fear and Greed Index, suggests a market brimming with optimism, but also raises concerns about potential overheating. The Crypto Fear
— In recent times, Ethereum has experienced a significant increase in its market price, reaching a one-month high, and signaling a growing demand for the cryptocurrency. Lookonchain, an on-chain analytics platform, has recently shed light on an intriguing investment strategy employed by an anonymous Ethereum whale. This whale has been actively accumulating Ethereum by utilizing
Bitcoin, the world’s leading cryptocurrency, has garnered significant attention from investors, enthusiasts, and skeptics alike. Tuur Demeester, a renowned Bitcoin researcher, has recently shared his bullish outlook for the digital asset. According to Demeester, Bitcoin’s price could witness an astronomical surge, potentially reaching anywhere between $200,000 and $600,000 by 2026. This projection is based on