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The idea that blockchain space has become a commodity may be premature, according to Bitwise IT director Matt Hogan, who argues that the behavior of institutions tells a very different story. Hogan responded to what he described as “a growing…
Gold is on track for an unprecedented eighth consecutive monthly gain, a streak that will be the longest in its history. However, several headwinds threaten to interrupt the demonstration. As investors flock to this safe-haven metal amid macroeconomic uncertainty, market…
President Donald Trump and First Lady Melania Trump launched their official crypto tokens over a year ago. Today, these digital assets have wiped out $4.3 billion in retail investor wealth. Cryptorank showed that 2 million ordinary investors currently have losing…
It looks like a crypto bear market is starting to take shape. Both Bitcoin and Ethereum continue to be under pressure, with Bitcoin down nearly 24% year-to-date, and about 22% over the same period last year, while Ethereum is down…
Note that Ethereum’s price action has not generated much confidence recently. The price has been almost constant in the last 24 hours and is still more than 5% in the last seven days. However, a small recovery attempt is now…
It reports that Singapore-based Bitcoin mining company BitDear has liquidated its entire Bitcoin hoard, abandoning the industry’s standard holding strategy. This radical step was taken as the profitability of the mine decreased dramatically, forcing the company to restructure its debt…
US Express Bitcoin Exchange Traded Funds (ETF) faces a period of continued institutional friction this year. This year, funds have recorded six weeks of outflows amid macroeconomic uncertainty that is pushing capital toward traditional safe havens. BlackRock and Fidelity led…
The price of Bitcoin has been trading almost flat in the last 24 hours near $68,000, reflecting continued indecision. The general trend over the last seven days still shows a slight decline, which highlights the absence of strong upward momentum.…
Ethereum co-founder Vitalik Buterin liquidated millions of dollars worth of eth in a rapidly declining market. LowCounchain revealed on February 22 that Buterin had withdrawn 3,500 eth – worth around $6.95 million – from the DeFi protocol Aife. By the…
Japanese financial conglomerate SBI Holdings has significantly deepened its integration into the XRP ecosystem through thoughtful new steps. These strategic initiatives aim to promote the entry of new individuals into the world of digital currencies and the adoption of corporate…
