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Bitcoin & The History of Bank Runs

Bitcoin & The History of Bank Runs

Bitcoin has been rising recently amid widespread banking industry troubles, prompted by Silicon Valley Bank. But bank runs have been a recurring problem throughout history, causing significant damage to the economy. The collapse of major banks and the ensuing panic during the Great Depression of Read More

Ripple (XRP) Token Tallies 14% Increase In Past Week — Here’s Why

Ripple (XRP) Token Tallies 14% Increase In Past Week — Here’s Why

XRP, the cryptocurrency of the Ripple network, has experienced a significant price increase in recent weeks, recording a 14% increase in the last week alone. This marks an appreciation of more than 40% of the asset in the last 30 days, positioning it as the Read More

Bitcoin’s Horizontal Levels Show Potential For Bullish Trend

Bitcoin’s Horizontal Levels Show Potential For Bullish Trend

After regaining its bullish momentum, the market’s biggest cryptocurrency Bitcoin (BTC) briefly broke above its key resistance level of $28,700. However, the cryptocurrency pulled back and traded back within its range formed last week between $27,600 and $28,500. Despite this choppy price action, a recent Read More

“Nobody will Get Rich Investing In Bitcoin Ever Again,” Crypto Analyst Sparks Debate

“Nobody will Get Rich Investing In Bitcoin Ever Again,” Crypto Analyst Sparks Debate

While some have continued to increase their Bitcoin investments due to the belief that the asset still has a long way to go in value, prominent crypto analyst Alex Krüger argued the opposite. In one of his Twitter posts published on March 31, the analyst Read More

Bitcoin Price Reclaims $28,000 As Core PCE Comes Cooler Than Expected

Bitcoin Price Reclaims $28,000 As Core PCE Comes Cooler Than Expected

Today, March 31, is of utmost importance for the Bitcoin price for three reasons: the Bitcoin Options quarterly settlement day, the release of the US Personal Consumption Expenditure (PCE) price index, and the closing candle of BTC, which could herald a breakout from the bearish Read More

US Accountants Ready To Invest In Blockchain, AI Tools Like ChatGPT

US Accountants Ready To Invest In Blockchain, AI Tools Like ChatGPT

In a recent survey by Intuit, accountants across the United States recognized the impact of technology on their businesses. Nearly half of respondents are ready to invest in blockchain and artificial intelligence (AI) solutions to grow and better serve their customers. Accountants are pro-technology In Read More

Will Greenpeace Change Its Mind On Bitcoin Now? New Report

Will Greenpeace Change Its Mind On Bitcoin Now? New Report

The Greenpeace smear campaign against Bitcoin has gained momentum again in recent days. Greenpeace published an article in which the environmental organization called on major financial services companies like Fidelity to recognize Bitcoin’s climate impact and “take responsibility for the problem.” Furthermore, the Bitcoin Skull Read More

Analyst Breaks Down Impact Of MicroStrategy Buys On Bitcoin

Analyst Breaks Down Impact Of MicroStrategy Buys On Bitcoin

A research firm has detailed how the price of Bitcoin has reacted to purchases that Michael Saylor’s MicroStrategy has made over the years. MicroStrategy Bitcoin Buys Followed by Negative Price Action K33 Research, formerly Arcane Research, has released a new piece of analysis that looks Read More

Bitcoin Open Interest Shoots Up With Price Rise, Long Squeeze Brewing?

Bitcoin Open Interest Shoots Up With Price Rise, Long Squeeze Brewing?

On-chain data shows that Bitcoin open interest is rising rapidly with the price, a sign that a long squeeze may be brewing in the market. Bitcoin open interest has seen a sharp rise recently As pointed out by an analyst in a CryptoQuant post, funding Read More

Tezos Activates Mumbai, Introduces Smart Rollups

Tezos Activates Mumbai, Introduces Smart Rollups

Tezos, a self-healing proof-of-stake blockchain, has activated its 13th major protocol update, Mumbai, introducing Smart Rollups, a layer 2 scaling solution, for faster transaction processing speeds. Tezos introduces Smart Rollups via Mumbai Smart Rollups allow decentralized applications (dapps) to use Tezos resources to process a Read More