Key Takeaways: Ripple is funding the National Cryptocurrency Association (NCA) for crypto literacy and responsible crypto adoption in the United States. The NCA will function independently and will offer unbiased information, tutorials, and case studies from regular day-to-day crypto users. Ripple has been pursuing this initiative while facing a le
Bitcoin Surges 10% in One Week Despite Concerning US Economic Data: A Sign of Changing Crypto Trader Sentiment
Bitcoin’s recent 10% weekly increase comes at a time when concerning economic data from the United States is emerging, signaling a shift in sentiment among crypto traders. The cryptocurrency market has shown resilience in the face of economic uncertainty, with Bitcoin leading the charge in price gains. This surge in value could be attributed to [&h
Solana Upgrades Seek Stability, but Validators Are in a Revenue Squeeze
Key Takeaways: Amendments proposed for Solana aim to bolster the network’s long-term viability. New protocols will redistribute priority fees toward stakers and amend SOL’s inflation rate. The changes could potentially affect validator revenues significantly and raise concerns over smaller operators. The high-speed Solana blockchain network is unde
Animoca Brands Reports Strong Growth in 2024, Driven by AI and Strategic Diversification
Key Takeaways: Animoca Brands’ bookings increased by 12% in 2024, reaching $314 million. The company took a calculated approach to diversification, spearheaded by Digital Asset Advisory. Operating expenses decreased by 12%, driven by AI and optimization efforts. Animoca Brands, a leading player in blockchain games and Web3 investments, has publishe
Blockstream Secures $3 Billion Investment to Launch Bitcoin Lending Funds
Key Takeaways: Blockstream introduces three Bitcoin funds for institutions Two of these funds will be dedicated to Bitcoin lending, addressing market demand. It is a sign of renewed confidence in the crypto lending space after recent setbacks. Bitcoin development firm Blockstream has made a multi-billion dollar investment which will power the intro
Bitcoin Sellers Exhausted, Paving the Way for a Surge Towards Record Highs
Bitcoin sellers seem to have exhausted their selling pressure, signaling a potential opening for a renewed surge towards new record highs. This positive development comes amidst a backdrop of increasing market volatility and uncertainty. The recent downturn in Bitcoin prices has been met with strong buying interest, with many investors seeing this
Trump’s Crypto Pivot: Analyzing the White House Summit and its Implications
Key Takeaways: Trump’s White House hosts first-ever crypto summit on March 7, a landmark in the shift to US crypto policy The Domestic Crypto Summit aims to create industry guidelines and explore the possibility of a crypto strategic reserve. Experts are divided on whether the reserve will stabilize the market or introduce new risks and […]
Bitcoin Poised For W-Bottom Reversal, Says Legendary Trader Bollinger
Legendary technical analyst John Bollinger has highlighted what he calls a “classic Bollinger Band W bottom” that may be forming on the Bitcoin pair BTC/USD. According to him, BTC appears to have found support in the $74,000 area, setting up the characteristic double-dip lows that define a W-shaped reversal pattern. Notably, Bollinger stressed that
Aave and “Aavenomics”: Token Buybacks, Safety Nets, and Revenue Redistribution
Key Takeaways: Aave has kickstarted a massive overhaul of its tokenomics design, internally termed “Aavenomics” to increase the incentive for users to stake Aave tokens and improve the protocol’s stability. The proposal includes a $1 million per week AAVE buyback program as well as a new safety module dubbed “Umbrella,” designed to protect against