Shiba Inu Bulls On The Horizon? Substantial Selling Pressure Seen Dropping.

The price action of Shiba Inu (SHIB) has encountered a significant compression, primarily attributed to substantial selling originating from a prominent institutional market participant. Data obtained from Lookonchain, a renowned on-chain analytics resource, has shed light on the ongoing selling spree by Voyager, a troubled asset manager currently navigating bankruptcy proceedings. origin »

Only 8% of people are familiar with Web3 – what has happened?.

Key Takeaways Google search interest in the metaverse is down 92% from its peak, highlighting the fall from grace for the concept 92% of respondents globally said that they have heard of crypto, but only 8% considered themselves to be very familiar with the concept of Web3 Web3 often has trouble defining exactly what it […] The post Only 8% of people are familiar with Web3 – what has happened? appeared first on CoinJournal. origin »

Bitcoin miners breathe easier as hash rate nears record highs.

Quick Take The analysis of Bitcoin’s hash rate through the lens of hash ribbons highlights a significant shift in the crypto-mining landscape. These ribbons, a market indicator designed to predict Bitcoin’s bottom when mining becomes too costly compared to the rewards, suggest that the worst phase of miner capitulation has subsided. origin »

Robert Kiyosaki Advises: Safeguard Your Wealth With Bitcoin Amid Gov’t Distrust.

Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad” and a prominent entrepreneur, has consistently championed alternative investment strategies that defy conventional norms. Over the years, Kiyosaki’s fondness for Bitcoin, gold, and silver has remained steadfast, and he recently reiterated their importance as a safeguard against economic turmoils. During a recent appearance on The […] origin »

Long-term Bitcoin holders cash in with profits nearing $100M.

Quick Take A notable trend of profit-taking has been observed among long-term Bitcoin holders, particularly those who have retained their Bitcoins for a period exceeding 155 days. These individuals have recently taken profits nearing the $100 million mark, a significant volume not observed since the peak earlier this year in April. origin »

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FBI seized $1.7m of crypto in three months.

FBI seized $1.7 million worth of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Monero (XMR), and stablecoins USDT and DAI in three months. A document published by the US Federal Bureau of Investigation (FBI) revealed about $1.7 million worth of cryptocurrencies… origin »

Coinbase gains approval to offer regulated crypto futures to US customers.

Key takeaways Coinbase has been cleared to offer regulated crypto futures to eligible US customers. Coinbase Advanced Trade users will have access to crypto futures in a few weeks. CFTC grants Coinbase permission to offer crypto futures The National Futures Association, a self-regulatory organization designated by the Commodity and Futures Trading Commission (CFTC), has granted […] The post Coinbase gains approval to offer regulated crypto futures to US customers appeared first on CoinJournal. origin »

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