Posts published on March 10, 2024 go to media archive

‘Wolf of All Streets’ Sees Start of Major Bull Run for Bitcoin and Broader Crypto Market — Warns of a ‘Huge Bubble’

Scott Melker, also known as the “Wolf of All Streets,” believes that we are at the start of a major bull run for both bitcoin and the broader crypto market. “We will likely see a huge bubble and that coins with no fundamental…

Ether Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days

The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in…

Bitcoin Whale From 2015 Moves ‘Sleeping Bitcoins’ Worth $163M as Historic Wallets Wake Up

As bitcoin remains stable above the $69K mark, an entity from 2015 made onchain waves by moving 2,352.62 bitcoins valued at more than $163 million. This individual executed the transfer through 80 distinct transactions, after letting the bitcoins…

Latam Insights: Argentina Arrests $400 Million Cryptocurrency Ponzi Scheme Founders, Brazil Defines Crypto Regulation as a Priority

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: $400 million cryptocurrency Ponzi scheme founders were arrested in Argentina, the Central Bank of Brazil…

The Tale of the Mysterious 2010 Bitcoin Whale: A Pattern of Consistent Liquidation Uncovered

Onchain analysts are focusing on the significant whale transactions occurring this month, revealing that 3,000 bitcoin from 2010 block rewards have been moved for the first time in nearly fourteen years. However, what many may not realize is that…

Glassnode Insights Into Long-Term Bitcoin Holders Reveal 228% Average Unrealized Gain

An in-depth examination conducted by the onchain analytics firm Glassnode, alongside the researcher Cryptovizart, has shed light on bitcoin’s unexpected rise to record-breaking highs just before the halving occurrence, unveiling key aspects…

JPMorgan Says ‘Unrealistic’ to Expect Bitcoin to Match Gold Within Investors’ Portfolios

JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be unrealistic to expect bitcoin to match gold within…

Speculation Intensifies Over US Banking Sector’s Fate as Fed’s BTFP Closure Looms

This weekend, many are intrigued by the potential outcomes following the cessation of the U.S. Federal Reserve’s Bank Term Funding Program (BTFP), launched amidst the significant banking collapses in March 2023. Some argue that the banking…