šŸ” 🟔😐 Market Analysis: 07-12-12

Bitcoin is holding near weekly highs just above $91,000, seemingly catching its breath after a week rocked by deepening ETF outflows and a flight from risk. New regulatory headwinds are reshaping the market's mood: the US CFTC has revealed plans to open spot crypto trading on registered futures e... ... Read full 🟔😐 Market Analysis: 07-12-12

'How Wrong I Have Been': Michael Burry Slams His Bitcoin Position Critics

'How Wrong I Have Been': Michael Burry Slams His Bitcoin Position Critics

Michael Burry has responded to critics who continue to cite his early-2021 bearish calls, including on Bitcoin, as evidence that his current warnings should be dismissed. According to Burry, commentators and journalists, including Bloomberg’s, have repeatedly used those 2021 examples to argue that h…

Exclusive: Expert Says Double-Digit XRP Price ā€˜Unrealistic’ as ETFs Hit $1 Billion

Exclusive: Expert Says Double-Digit XRP Price ā€˜Unrealistic’ as ETFs Hit $1 Billion

XRP exchange-traded funds have gathered more than $1 billion in assets only a couple of weeks after going live, a pace that many in the market say is unusually fast for new financial products. Five issuers — Bitwise, Canary, Franklin Templeton, Grayscale and Rex Osprey — launched their funds in stag…

Vitalik Buterin Pushes Gas Futures Idea for Ethereum

Vitalik Buterin Pushes Gas Futures Idea for Ethereum

Ethereum co-founder Vitalik Buterin is promoting a new mechanism to mitigate sudden spikes in transaction costs on the network.His latest proposal outlines a trustless, on-chain prediction market designed to help users secure future gas prices and manage volatility rather than react to it.Buterin Ba…

XRP Awaits 400% Network Surge: But It Might Not Help Price

XRP Awaits 400% Network Surge: But It Might Not Help Price

Over the last three months, XRP’s on-chain activity has increased dramatically, with a number of network metrics approaching levels that resemble a 400% surge in comparison to their late-summer baselines.What moves XRP forwardThe total volume of payments, the number of payments made between accounts…

Cardano Founder Promises 'Good Day' on Monday, ADA Community on Alert

Cardano Founder Promises 'Good Day' on Monday, ADA Community on Alert

Charles Hoskinson's newest short post saying Monday, which is tomorrow, "is going to be a good day" was enough to generate a lot of attention from the ADA community, and it is no surprise really. The market for theĀ Cardano token was dull recently as the price has been stuck near $0.41 for weeks with…

Bitcoin Losses Surge To 3x Profits — Could Relief Be Near?

Bitcoin Losses Surge To 3x Profits — Could Relief Be Near?

The Bitcoin market appears to be riddled with an increasing amount of sell-side pressure, as its recent price action reveals bears’ dominance. Interestingly, another on-chain evaluation suggests that the current market movement may be a direct effect of rising panic-induced sales.Ā $1.7B Realized Los…

Bitcoin Market Profitability Hits ā€˜Complete Reset’ — What’s Next For Price?

Bitcoin Market Profitability Hits ā€˜Complete Reset’ — What’s Next For Price?

Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move.BTC SOPR …

Yusko: Bitcoin Already Won

Yusko: Bitcoin Already Won

During a recent interview, Mark Yusko stated that Bitcoin had already won.Ā "I'm a long-term wildly bullish believer in Bitcoin. To me, Bitcoin has won as the money for the next 5,000 years. So, gold was money for the last 5,000[years]. Bitcoin is money for the next 5,000. It's the transition from an…

French banking giant BPCE to launch in-app crypto trading: Report

French banking giant BPCE to launch in-app crypto trading: Report

French banking heavyweight BPCE is preparing to introduce crypto trading to millions of its retail customers, making it one of the first major traditional European banks to offer digital assets. According to a report from The Big Whale, the group will allow users to buy and sell Bitcoin (BTC), Ether…

Dogecoin Turns 12, DOGE Founder Shares How It All Started

Dogecoin Turns 12, DOGE Founder Shares How It All Started

Dog-themed cryptocurrency Dogecoin is marking its 12th anniversary, having launched Dec. 6, 2013, by software engineers Billy Markus and Jackson Palmer. It is considered both the first "meme coin" and, more specifically, the first "dog coin."The Shiba Inu is a Japanese breed of dog that was populari…

'Bitcoin Is Trust-Minimized Insurance,' Szabo Says

'Bitcoin Is Trust-Minimized Insurance,' Szabo Says

American computer scientist and legal scholar Nick Szabo hasĀ opined that Bitcoin should be treated as a "trust-minimized insurance.""The wisest of all will self-custody Bitcoin, the actual trust-minimized asset, as insurance against the most extreme outcomes, which any serious student of economic hi…