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Senator Lummis Proposes $67B Strategic Bitcoin Reserve to Back USD

The proposal came during a speech by the Republican representative for Wyoming at the Bitcoin 2024 Conference in Nashville on July 27. “We can create a brighter future for generations of Americans by diversifying into Bitcoin and being the first developed nation to create a strategic reserve,” she said. US Bitcoin Reserve The pro-crypto politician […]

Five Things That Could Move Crypto Markets This Week 

Crypto markets have remained relatively stable over the weekend, with total capitalization holding just above $2.5 trillion. Moreover, Friday’s inflation numbers helped markets regain a little ground at the end of last week, with Core PCE coming in line with expectations after a small increase. Digital assets, especially Bitcoin, were also buoyed by Donald Trump’s […]

Interpol Issues Red Notice for Hong Kong Crypto Promoter Linked to $384K Scam

Hong Kong native and crypto promoter Wong Ching-kit has entered the radar of the International Criminal Police Organization (Interpol) for his suspected role in several criminal cases, the latest being a cryptocurrency scam involving over HK$3 million ($384,310). According to a report from the South China Morning Post, Interpol has issued a red notice against […]

This Popular Analyst Remains a Dogecoin (DOGE) Holder and Expects a New ATH Soon: Details

TL;DR Dogecoin (DOGE) is up 5% daily with one analyst predicting a significant rally based on historical patterns. Some important metrics, such as the Relative Strength Index (RSI), also indicate a potential upcoming uptrend. Not Selling a Single Coin The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – performed quite well […]

Nansen Says Bitcoin Investors Should Become Risk-On, Here’s Why

On-chain analytics platform Nansen believes bitcoin (BTC) investors should adopt a risk-on strategy amid the market’s current condition because all tactical signals are flashing green. According to the firm’s weekly research report, crypto narratives are currently positive and increase the likelihood of higher risk-adjusted crypto returns in the near term. Bitcoin Investors Should Become Risk-On […]

Europol Claims That Bitcoin Remains Top Choice for Criminals

Bitcoin has remained the most used cryptocurrency by criminals, even with the rise of privacy coins like Monero. According to the recent Europol Internet Organized Crime Threat Assessment report, financial crimes are also still the main illicit crypto use. Bitcoin’s Popularity with Criminals Sparks Concerns Bitcoin has been the preferred asset for ransomware groups due […]

Bitcoin Dumped $2.5K Before Recovery: Trump’s Speech Caused Huge volatility

Bitcoin’s price has been on a rollercoaster throughout the past couple of hours, largely induced by the anticipation of and subsequent speech of former US President and current Presidential Candidate Donald Trump at Bitcoin 2024 in Nashville. The price initially nosedived below $67K from an intraday high at above $69K before the speech. Source: TradingView […]

Ethereum Price Analysis: Will ETH Charge Toward $3.5K or is Another Crash Incoming?

Ethereum has recently faced a notable rejection and experienced a 13.3% decline after breaking above the 100-day moving average. The price is currently struggling to break below the 200-day MA, indicating a notable bearish sign if the breakout occurs. Technical Analysis By Shayan The Daily Chart A close examination of Ethereum’s daily chart reveals that […]