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Author: Anshul

Bitcoin Accumulation Signals Market Confidence
Cryptocurrency

Bitcoin Accumulation Signals Market Confidence

ByAnshul May 7, 2024May 7, 2024

Bitcoin’s selling pressure has significantly decreased in recent months, indicating a shift among long-term investors towards retaining their holdings, as noted by Glassnode’s latest analysis. The “Value Days Destroyed (VDD)…

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Market Trends: Bitcoin and Meme Coins’ Performance Analysis
Cryptocurrency

Market Trends: Bitcoin and Meme Coins’ Performance Analysis

ByAnshul May 7, 2024May 7, 2024

Bitcoin is currently trading at $63,330, marking a -1.5% dip in the last 24 hours as it begins to recover from last week’s decline. The broader cryptocurrency market mirrors this…

Read More Market Trends: Bitcoin and Meme Coins’ Performance AnalysisContinue

Bitcoin Hits One Billion Transactions
Cryptocurrency

Bitcoin Hits One Billion Transactions

ByAnshul May 6, 2024May 6, 2024

The Bitcoin network has achieved a monumental milestone, recording its one billionth transaction, as per Clark Moody’s Bitcoin dashboard. This remarkable achievement underscores Bitcoin’s enduring relevance and its pivotal role…

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Senators Warn on Iran’s Bitcoin Mining
Cryptocurrency

Senators Warn on Iran’s Bitcoin Mining

ByAnshul May 6, 2024May 6, 2024

US Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine) issued a stern warning about the potential ramifications of Iran’s burgeoning Bitcoin mining industry. In a detailed letter addressed to key…

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Bitcoin’s Resurgence: Navigating Market Turbulence and Economic Shifts
Cryptocurrency

Bitcoin’s Resurgence: Navigating Market Turbulence and Economic Shifts

ByAnshul May 5, 2024May 5, 2024

After a period of downturn, Bitcoin is rallying again, leaving those who bet against it feeling the pinch. In the last 24 hours, nearly $100 million in short positions across…

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Friend.tech’s Native Token Launch Hits Roadblocks
Web3

Friend.tech’s Native Token Launch Hits Roadblocks

ByAnshul May 4, 2024May 4, 2024

Social crypto platform Friend.tech has launched its new native token alongside version two (V2) of the decentralized social media. However, the rollout has encountered several issues. FRIEND tokens were anticipated…

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AI Targets Bitcoin Laundering
Web3

AI Targets Bitcoin Laundering

ByAnshul May 2, 2024May 2, 2024

The integration of artificial intelligence into blockchain surveillance is poised to significantly bolster law enforcement efforts in tackling money laundering within the cryptocurrency sphere. A groundbreaking study by Elliptic and…

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Fed Holds Rates Amid Crypto Market Pain
Cryptocurrency

Fed Holds Rates Amid Crypto Market Pain

ByAnshul May 2, 2024May 2, 2024

The Federal Reserve made a decisive move on Wednesday, opting to maintain its key interest rate, as it continues to wage a battle against inflation. This decision has sent ripples…

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