The perception surrounding Bitcoin’s long-term holders, commonly referred to as HODLers, often presents a skewed narrative—one that suggests they steadfastly refuse to sell their assets. On-chain analyst James Check has recently pushed back against this misconception, indicating that HODLers do indeed engage in selling activities. This dynamic has significant implications for the broader market, particularly
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The digital landscape has reached a significant turning point with Yuga Labs, the creator of acclaimed non-fungible token (NFT) projects like the Bored Ape Yacht Club (BAYC) and the Otherside metaverse, recently acquiring the technology team from the innovative Web3 protocol Tokenproof. This strategic acquisition signifies Yuga Labs’ ongoing commitment to driving research and development
In the latest week, the cryptocurrency market witnessed an unprecedented outflow of $457 million from Bitcoin (BTC) holdings, signaling a pivotal change in investor behavior. This marked the first notable withdrawal since early September, a period during which Bitcoin had tested the psychologically significant $100,000 threshold. Analysts at CoinShares have attributed this trend to profit-taking
Cristiano Ronaldo, one of football’s most iconic figures, has once again bridged the gap between sports and digital engagement with the launch of his “ForeverSkills” collectibles in partnership with Binance. This innovative collection not only serves as a digital keepsake but also creates an avenue for fans to interact directly with Ronaldo. Through tutorials, a
The emergence of SUI as a viable contender within the layered blockchain space has been marked by its impressive gain of over 115% in just one week. This remarkable upward trajectory coincided with the launch of the USDC stablecoin on the SUI platform, catalyzing a surge in network activity and user engagement. According to market
In a recent incident that threw a spotlight on the operational practices of centralized cryptocurrency exchanges, Ethereum developer Eric Connor reported his account lockout while attempting to transfer $25,000 USDC. This event, which unfolded on December 3, raises pressing questions about user autonomy, security protocols, and the nature of customer service these platforms offer. Connor’s
As the cryptocurrency market fluctuates, Bitcoin finds itself in a precarious situation as it approaches the critical support level of $93,257. This price point has become synonymous with conflict between bullish and bearish traders, raising questions about whether the purchasing power will emerge strong enough to uphold this key threshold or if it will succumb
In the tumultuous world of cryptocurrency, the fortunes of various coins often ebb and flow with the market conditions and external factors. Among the many altcoins vying for attention, Cardano (ADA) has emerged as a strong contender for a significant recovery. Recent analyses suggest that ADA is on the verge of a considerable price surge,
Bitcoin, the pioneering cryptocurrency, has long captivated investors and analysts alike, especially as it approaches critical price points that could reshape its trajectory. In a recent assessment, Charles Edwards, the founder of Capriole Investments, provided insights into Bitcoin’s potential journey toward the $100,000 mark and its implications for the broader cryptocurrency market. His analysis touches
In an increasingly contentious relationship between the cryptocurrency industry and regulatory agencies, Coinbase’s CEO, Brian Armstrong, has taken a bold stance against law firms that engage former regulators linked to actions that he deems detrimental to the crypto landscape. On December 3, Armstrong made a significant announcement via social media, declaring that Coinbase would terminate
