Bitcoin Halving: ‘Quantitative Tightening’ in a World of Money Printing
Halving Event Bitcoin has undergone a scheduled event called a halving. This event, which occurs…
Bitcoin Halving: ‘Quantitative Tightening’ in a World of Money Printing
Halving Event Bitcoin has undergone a scheduled event called a halving. This event, which occurs every four years, reduces the reward for miners who power the network by half. The reward has now dropped from 6.25 BTC to 3.125 BTC per block. Not a Price Impact Unlike a stock split, the halving doesn’t directly affect…
Chainlink Shows Bullish Signs Amidst Market Stagnation
Chainlink’s Bullish Signal Crypto trader Ali Martinez believes Chainlink (LINK) is giving a short-term bullish signal. The Tom DeMark (TD) Sequential indicator recently showed a buy signal, indicating a potential upward trend over the next few days. Bitcoin’s Outlook Martinez also discussed Bitcoin (BTC), suggesting it has room for further growth. He noted that Bitcoin…
DeFi Platform Hacked for Millions
A DeFi platform called Hedgey Finance has been hacked, resulting in the theft of at least $1.9 million. Loss Estimate Discrepancy Cyvers, a cybersecurity firm, estimates the loss at $1.9 million, while on-chain analyst Colin Wu claims it’s closer to $44 million. Hedgey Finance has not confirmed the larger figure. User Action Recommended Hedgey Finance…
Binance Shifts $1 Billion Emergency Fund to Stablecoin USDC
Binance, a leading cryptocurrency exchange, has converted its $1 billion Secure Asset Fund for Users (SAFU) entirely into the stablecoin USDC. SAFU Fund Background SAFU was established in 2018 to protect Binance users from market volatility. The fund has typically held a balance of $1 billion, but its value has fluctuated due to crypto price…
Bitcoin’s Bullish Journey: What’s Next?
Analyst’s Timeline for Bitcoin’s Peak Crypto analyst Rekt Capital believes Bitcoin’s bull market peak could happen between mid-September and mid-October 2025. This is based on historical patterns that show Bitcoin typically peaks 518 to 546 days after a Halving event, which is happening today or tomorrow. However, Rekt Capital notes that Bitcoin’s recent rapid growth…
Bitcoin Buffs Load Up: They’ve Bought a Ton Since the Dip
Despite the recent price drop, Bitcoin fans are still bullish on the crypto. Data shows that addresses used for long-term storage (called “accumulation addresses”) have reached a record high in terms of daily Bitcoin inflows. Accumulation Addresses at an All-Time High Over 27,700 BTC was moved into accumulation addresses on April 16-17. This is the…
David Schwartz’s Loyalty: Ripple vs. XRP
Who’s Schwartz Loyal To? Ripple’s CTO, David Schwartz, clarified his loyalty after facing questions about his role and wealth. He explained that he’s loyal to those who earn it, including his employer, Ripple. However, he emphasized that his loyalty is conditional and he’d leave if Ripple no longer deserved it. Is Schwartz Ripple’s Steve Wozniak?…
Justin Sun’s Legal Troubles: SEC Updates Lawsuit
Unregistered Offerings and Sales The SEC alleges that Justin Sun, founder of Tron, sold two cryptocurrencies (TRX and BTT) without registering them with the SEC or qualifying for an exemption. This violates federal securities laws. Manipulative Trading The SEC accuses Sun of directing “wash trading” of TRX to create the illusion of legitimate investor interest…
Bitcoin Halving: Old Whales and Miners Reap the Rewards
As Bitcoin prepares for its fifth halving in April, data from CryptoQuant reveals that seasoned investors and miners have been the biggest winners. Old Whales Triumph “Old whales,” long-term Bitcoin holders, have enjoyed a remarkable 223% increase in unrealized profits. Their patience and holding strategy have paid off handsomely. New Whales Lag Behind “New whales,”…
Binance Cooperates with Nigerian Authorities in Money Laundering Case
Binance CEO’s Statement Binance CEO Richard Teng has stated that the company is fully cooperating with Nigerian authorities in the ongoing $35 million money laundering case. Arrests and Charges Binance’s head of financial crime compliance, Tigran Gambaryan, and regional manager for Africa, Nadeem Anjarwalla, were arrested in Nigeria. Gambaryan faces money laundering charges, while Anjarwalla…
