Category: Analysis
Cryptocurrency Analysis
Judge Dismisses Against Kevin McCoy’s 2014 Law Suit, Gives Reasons
The case against Kevin McCoy has been dismissed. Mr. McCoy, the artist, invented the first NFT with the help of Anil Dash: a technology merchant….
Research Warns That Russia May Use Cryptocurrency To Escape Sanctions
After their recent research, one of the reputable threat intelligence companies, Recorded Future, has issued a statement that sounds more like a warning to the…
Traders Anticipate $40K Price Mark, As Bitcoin Removes Fed’s Losses
As Bitcoin continues to show signs of a bull run, moving back and forth on the price trend. The latest development on the price says…
Inflation Rate In UK Soars To 10.4% Before Bank Of England Meeting
The UK Annual Inflation Rate jumped to 10.4%, the highest since December 2008, ahead of Thursday’s Bank of England’s (BoE) meeting. This is the highest…
Bitcoin Fear/Greed Index Soars to All-Time High as BTC’s Price Surpasses $28,000
It’s been a rollercoaster ride for Bitcoin investors this year. The cryptocurrency reached a new all-time high of over $69,000 in November 2021 before crashing…
A Market On Edge: Investors Await U.S. Inflation Report
After a tumultuous start to the week, with bank fears rocking the markets, investors are now bracing for the release of the U.S. consumer price…
BUSD Active Addresses Decrease Following Regulatory Crackdown
Binance-branded stablecoin BUSD has suffered a sharp drop in active addresses due to the regulatory attack mounted by US authorities. Data from Glassnode shows the…
Research Firm Galaxy Predicts Bitcoin NFT Market to Reach $4.5B by 2025
Research company Galaxy released a report on Friday suggesting that the Bitcoin NFT ecosystem, which was practically non-existent a few months ago, could hit $4.5…
BTC and the Entire Market Goes in the Red Following key Inflation Data Report
Bitcoin price dropped Sharply on Saturday, dragging the entire market with it following the release of key inflation data yesterday, which seemingly rattled crypto investors….
Dogecoin Price Surges After New Elon Musk Tweet
In what is becoming the norm in the crypto sphere, Elon Musk continues to influence crypto prices. In the latest case, Elon’s tweet has led…
HIVE Increases BTC Production Amid Ongoing Crypto Winter
A recent report shows crypto mining firm HIVE increased Bitcoin production in the final quarter of 2022, despite the prolonged crypto winter and the closure…
Blur Outshines OpenSea as Ethereum NFT Trading Soars
Data from Dappradar shows that the NFT marketplace, Blur, generated over $450 million in Ethereum NFT trades over the last seven days, representing a 360%…
Will Bitcoin Keep Struggling in 2023? An Expert’s Forecast
A single glance at the price history of cryptocurrencies shows us that the digital asset economy isn’t performing well. This data includes Bitcoin, the number…
Voyager Transfers Over $3.3M in Shiba Inu to Coinbase, What’s Happening?
Peckshield, a blockchain security firm, reports that Bankrupt crypto firm Voyager recently transferred to Coinbase over 245 billion Shiba Inu tokens, estimated to be worth…
This Week in Crypto: BTC and ETH Continue to Post Losses
As things stand, it looks like crypto fans would have to keep waiting for a Bitcoin bull run. Most of the top ten tokens have…
Lebron James NFTs are Flying After He Broke an NBA Scoring Record
NBA superstar LeBron James became the NBA’s all-time top scorer in midweek. Since then, his NFTs on NBA Top Shot have seen increased sales. According…
OnChain Monkey NFTs Surged 105% After Creator Puts Them on Bitcoin
Since the launch of the Ordinals protocol, Bitcoin-based NFTs have attracted significant attention from NFT enthusiasts, with high-value sales recorded on Thursday. That said, a…
Greed Index Soars, BTC Thrives: Future Unknown
The latest update from the Fear and Greed Index paints an exciting picture, with Bitcoin remaining in the Greed zone for the past 13 days….
Giannis Antetokounmpo NFT Breaks Record After Selling for $186k on Sorare NBA
An NFT-powered basketball game, Sorare NBA, set a new record on Monday when a single NFT of basketball star Giannis Antetokounmpo changed hands for $186,000…
SEC Filing Shows Tesla Suffered $135M BTC Loss
According to its filing with the US Securities and Exchange Commission (SEC), Tesla, an electric car manufacturer, registered a $135 million impairment charge stemming from…
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