Bitcoin distribution ‘danger zone’ over, analysts say

As a seasoned crypto investor with several years of experience under my belt, I believe that Bitcoin’s price surge above $65,000 is a positive sign for the world’s largest cryptocurrency. The fact that popular analysts like Rekt Capital and Willy Woo are bullish on BTC based on historical trends and technical indicators gives me confidence … Read more

GNUS Discord hack causes $1.27M in losses

As a researcher with experience in blockchain technology and cybersecurity, I find the recent incident involving the Genius (GNUS) artificial intelligence network deeply concerning. The exploit that occurred on May 5, resulting in the loss of approximately $1.27 million, is a stark reminder of the risks associated with decentralized finance (DeFi) projects and blockchain networks. … Read more

Fairshake PAC and affiliates raise $102M to support crypto candidates

As a researcher with a background in political finance, I find this development extremely intriguing. The fact that a political action committee (PAC) focused on crypto-backed candidates has reportedly surpassed $100 million in fundraising for the 2024 United States elections is a significant indication of the growing influence of the cryptocurrency sector in American politics. … Read more

More Bitcoin, Ethereum leave exchanges: What’s going on?

Exchanges see less BTC and ETH. Holders continued to increase despite the decline on exchanges. As an analyst with a background in cryptocurrency and market trends, I find the recent data on Bitcoin (BTC) and Ethereum (ETH) balances on exchanges intriguing. The decline in their availability for trading suggests increasing scarcity, which could be attributed … Read more

Marathon Digital, Kenyan government discuss crypto policy, energy use

As an analyst with a background in technology and economics, I see this development between Marathon Digital and the Kenyan government as a significant step forward for crypto adoption in Africa. Marathon’s expertise and experience in the crypto mining industry could help Kenya navigate the complex regulatory landscape and harness the vast potential of crypto … Read more