Shiba Inu (SHIB) Hits Dramatic Reversal

Shiba Inu has experienced a significant change in direction. Having approached the 50-day moving average (MA), Shiba Inu underwent a sharp decline at this point. This shift from advancing towards the 50 EMA implies that Shiba Inu’s upward momentum is weakening, aligning with a larger trend of decreasing strength in the cryptocurrency market. The shift … Read more

Banking Giant Morgan Stanley Considers Allowing Solicited Purchases for Bitcoin ETFs

Morgan Stanley, a major American investment bank headquartered in New York, might enable approximately 15,000 of its brokers to propose Bitcoin ETF purchases for their clients, based on information from two unnamed high-ranking executives in a recent AdvisorHub report. Up to now, the bank hasn’t actively suggested Bitcoin ETF investment to their advisors or clients. … Read more

Ripple CTO Debunks ‘We Don’t Need XRP’ Rumors

Recently, David Schwartz, the Chief Technology Officer at Ripple, spoke out about worries from some XRP community members over the need for XRP now that Ripple is exploring the creation of stablecoins. Recently, Ripple announced the development of its dollar-backed stablecoin, which will be released towards the end of this year. With reserves in US … Read more

“Buy Bitcoin” Sign Displayed Behind Janet Yellen Sold For $1M At Auction

In recent online auctions, a yellow legal pad with the message “Buy Bitcoin” written on it fetched an astonishing $1.027 million. This pad was previously used during Janet Yellen’s congressional hearing in 2017 and has since gained popularity among cryptocurrency enthusiasts. The bidding for this item peaked at $140,000, demonstrating the increasing appetite among investors … Read more

Bitcoin Ordinals Founder Says Antpool Proxies Infested Decentralized BTC Mining

After the Bitcoin halving occurred last Friday, there has been much debate regarding the current situation of Bitcoin miners. Large-scale miners with substantial resources are able to purchase new mining equipment, while smaller miners face significant challenges due to reward reductions by half. Furthermore, the founder of Bitcoin Ordinals highlighted concerns about the state of … Read more