XRP Is Not a Security It’s about damn time! XRP has been declared NOT a security and Gary Gensler no longer has job security. XRP has been locked in a legal battle with the US Securities Exchange Commission (SEC) since December 2020. The SEC had accused Ripple, its CEO Brad Garlinghouse and co-founder Chris Larsen […]
After a short-lived transaction fee frenzy in Q2, mining revenue has normalized back to pre-ordinal levels, but public mining equities have continued to outperform. In February, we covered the introduction of ordinal inscriptions on Bitcoin and their lack of impact on the transaction fee market at the time, but that drastically changed starting in April with the […]
Bitcoin is currently being traded at a price of $30,400 over a 4-hour period. The Relative Strength Index (RSI) is at 50.95, indicating that the market sentiment is neutral. The Exponential Moving Average (EMA) 50 is at $30,373, while the EMA 100 is at $30,088. The Moving Average Convergence Divergence (MACD) value is 25. If […]
Today, we’re going to tackle the reason Arkham’s been the talk of the town lately – their new product dubbed the “Arkham Intelligence Exchange.” To keep things fair and balanced, I’ll start by giving you their own rundown of the platform. Then I’ll chime in with my take on what’s really happening. Our perspectives (yours […]
In the world of cryptocurrency, filtering out the ‘noise’ and focusing on the ‘signal’ can feel like an insurmountable task. Within this digital cacophony, a multitude of voices compete for attention, each promoting diverging ideas and perspectives. It is, therefore, no surprise that newcomers might quickly feel overwhelmed by this complex ecosystem and choose to […]
Just as everything was going well in ETH land, Vitalik Buterin drops a bomb. Get this, he is only staking a “small portion” of his ETH. Eeek! Of course, Charles Hoskinson made it known he has all his ADA staked. But it’s not that Vitalik doesn’t want to. The real reason behind the confession is this: staked […]
WEEKLY CHART This move has stalled. For the third week (two days left in this candle, so not confirmed), we can see price being rejected at $31,000, with a wick above that level. BlackRock news took price from $25,000 to $31,000. That was a significant push. Is it enough to keep price rising? We will […]
Bitcoin’s journey towards institutional adoption has indeed been an intriguing one. While there have been notable figures like Larry Fink, who have expressed support for Bitcoin and recognized its potential, it is important to understand that institutional adoption of Bitcoin is a complex and evolving phenomenon. Let’s break down some key aspects: Early Adoption: Bitcoin […]
Bitcoin Market Dynamics In today’s issue we want to zoom out and highlight some of the latest bitcoin market moves through the lens of on-chain data: realized price, profit-taking behavior and bitcoin supply levels. Currently, bitcoin is trading at approximately 1.5x its realized price, which recently resurged past the $20,000 mark. This milestone provides an […]
The SEC’s stance on spot #Bitcoin ETFs is wavering, and approval is on the horizon, says Bernstein’s research report! The SEC’s concerns about spot prices being prone to manipulation are valid, but the industry is proposing a surveillance agreement between spot exchanges and regulated exchanges like Nasdaq. In the meantime, the lack of a spot […]