Bitcoin sees five consecutive red days, marking its first instance since May 2023, signaling potential bearish momentum.Analyst Alan Santana suggests Bitcoin may face its biggest drop since mid-2022 due to recent bearish technical patterns. Bitcoin’s market movements have taken a big turn, prompting concerns among analysts and traders about what comes next. A thorough analysis...
Bitcoin mining bans in eco-friendly regions may drive operations to higher-emission areas, potentially worsening global carbon output.Varied national policies on mining could have unintended consequences, raising the need for balanced regulatory approaches. A recent report from Exponential Science, shared via a Yahoo Finance post, warns that well-meaning efforts to curb Bitcoin mining in low-carbon-emission nations...
The potential establishment of the Department of Government Efficiency (D.O.G.E.) for Elon Musk to lead could indirectly make Dogecoin (DOGE) the biggest gainer if Trump wins the US presidential election.According to an analyst, DOGE could witness its market cap reaching $250-300B before the end of this cycle. A couple of months ago, Republican presidential candidate...
The world of finance is witnessing a transformative phase after a UK pension fund Cartwright adopted 3% of Bitcoin as a direct investment.Corporations and pension funds have been the first non-asset management institutions to capitalize on Bitcoin, it is expected that larger entities like sovereign wealth funds, and nation-states are next. Bitcoin is on the...
World Liberty’s $30M U.S. cap and focus on global markets reveal DeFi’s pivot toward international growth amid regulatory pressures.The dual-market strategy highlights a trend of DeFi ventures leveraging global opportunities to bypass U.S. compliance complexities. After former U.S. President Donald Trump announced the launch of the World Liberty Financial crypto platform, as reported by CNF...
Bitcoin long-term holders sold 177,617 BTC, signaling possible trend shifts as market prices rise.Mining restrictions in eco-friendly areas may push Bitcoin mining to higher-emission regions, affecting carbon output. According to recent observations, Bitcoin long-term holders (LTHs) are actively lowering their holdings. According to Maartunn, a Community Analyst at CryptoQuant, long-term holders sold roughly 177,617 BTC...
BTCFi projects have been integrating Chainlink for its secure and reliable real-world data through oracles to unlock the trillion-dollar liquidity held up in Bitcoin.They include 21.co, whose 21BTC Wrapped Bitcoin uses Chainlink for transparency; B² Network, which uses CCIP for cross-chain functionalities; and liquid restaking protocol Bedrock, which has integrated CCIp and Proof of Reserves....
Ben Askren transitioned from MMA to crypto, advocating for Bitcoin and Litecoin as tools for financial empowerment.Askren uses social media to educate fans on cryptocurrency and promote financial independence. Former UFC fighter and Olympic wrestler Ben Askren has long been well-known for his unusual path in the sports scene. Askren moved into mixed martial arts...
Trump’s election lead is sparking BTC optimism, with predictions of reaching $80,000–$90,000.Rising whale activity and bullish on-chain metrics signal strong investor support for BTC gains. Bitcoin ETF inflows have soared to $2.2 billion, as reported in a recent CNF update on U.S. election-related market moves. With former U.S. President Donald Trump leading in the polls,...
NFT marketplace OpenSea lays out strategies to reclaim its place at the top as it sets for a revamp in December to introduce Bitcoin Ordinals support.OpenSea has been struggling lately from declining sales volume to stiff competition as well as regulatory challenges. Non-Fungible Token (NFT) marketplace OpenSea has announced that it will embark on a...