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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japanese investment firm Metaplanet has added more Bitcoin to its portfolio, bringing its total holdings past 3,000 BTC. The company recently acquired 162 BTC at an average price of ¥12.39 million ($83,635) per Bitcoin. With this purchase, Metaplanet now holds 3,050 BTC,…
Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts. Crypto-wide trading volume has been dropping since it peaked in February amid dip-buying opportunities. According to CoinGecko data, daily trading volume hit its highest level this year in early February when it reached…
On-chain data shows the XRP Market Value to Realized Value (MVRV) Ratio has just gone through a crossover that may not be positive for the asset’s price. XRP MVRV Ratio Has Dropped Under Its 200-Day MA As pointed out by analyst Ali Martinez in a new post on X, the MVRV Ratio’s latest crossover may…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After experiencing a massive price crash, Dogecoin (DOGE) and Shiba Inu (SHIB) continue to struggle to recover, currently trading at significant lows. Despite this broader market downtrend, the Machine Learning Algorithm CoinCodex shares an optimistic forecast, offering a glimmer of hope in…
California Legislators have endorsed bitcoin nonprofit founder Dom Bei in his campaign for a seat on the board of the California Public Employees’ Retirement System (CalPERS). CalPERS oversees a massive $500 billion pension fund serving over 2 million public sector retirees. If elected, Bei would be the first openly pro-bitcoin voice on the 13-member board….
The latest US core Consumer Price Index (CPI) print, a measure of inflation, came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in headline inflation figures. According to Matt Mena, crypto research strategist at 21Shares, the cooling inflation data adds to the likelihood that the Federal Reserve will…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is still under significant bearish pressure, with the possibility that the downward trend might continue in the coming days or weeks as the market struggles to recover. After dropping sharply over the last few days, ETH may have finally reached that…
People tend to celebrate periods of low feerates. It’s time to clean house, consolidate any UTXOs you need to, open or close any Lightning channels you’ve been waiting on, and inscribe some stupid 8-bit jpeg into the blockchain. They’re perceived as a positive time. They are not. We have seen explosive price appreciation the last…
Blockaid has announced a partnership with the Sui Foundation to enhance the Sui ecosystem’s security. According to the announcement, Blockaid will add protection to Sui wallets and respond to smart contract exploits, offchain threats and operational faults on Sui. The Sui Foundation supports the growth of Sui, a layer-1 blockchain launched in May 2023 with…
