Ethereum Whales Return With Renewed Confidence Ethereum’s largest holders have begun accumulating again, sparking speculation of an impending market shift. Data from Alphractal indicates that wallets holding 10,000 to 100,000 ETH have steadily grown since April. This marks one of the strongest accumulation phases since 2021, a period that preceded a historic rally. Analysts view…
The financial world held its breath this week as the Federal Reserve announced its latest decision on interest rates, ultimately opting to keep the benchmark federal funds rate steady at 4.25% to 4.50%. While this move was widely anticipated, it underscores a market still grappling with economic uncertainty. For the crypto world, this decision provides…
BTC +0.61% | ETH +0.54% | SOL +2.63% Introduction: Market Momentum Cools After Bullish Stretch The crypto market is entering a period of correction after weeks of gains, rattled by macroeconomic headwinds and rising tech competition. With Bitcoin and Ethereum facing pressure and newer tokens like XRP showing strength, investors are left reassessing their next moves. Here’s a breakdown…
Abu Dhabi Doubles Down on Bitcoin via BlackRock’s IBIT Trust Abu Dhabi’s sovereign wealth fund, Mubadala, has increased its exposure to Bitcoin during the volatile first quarter of 2024 by acquiring additional shares in BlackRock’s iShares Bitcoin Trust (IBIT), according to a U.S. Securities and Exchange Commission (SEC) filing released Thursday. The Form 13F disclosure…
The healthcare diagnostics sector is witnessing significant growth, largely driven by the expanding application of artificial intelligence (AI) technologies. AI is becoming increasingly essential in medical markets, capable of analyzing vast medical data to help professionals diagnose conditions more quickly and accurately, improving patient outcomes. AI diagnostic tools detect subtle disease patterns for early detection…
Once again, Bitcoin and the rest of the cryptocurrencies seem to have entered a bullish cycle, with Bitcoin itself set to surpass the much-coveted $100,000 mark. More importantly, the total market capitalization of blockchain has regained $3 trillion in valuation. This is viewed as a psychological indicator and technical checkpoint, which suggests that blockchain has…
The volatility of the cryptocurrency market is trading at a whole new level as we encounter politics yet again. If Donald Trump’s rhetoric regarding his return and trade tariffs is to be believed, the market can face even more strain. The amalgamation of political and economic factors has sent waves of concerns regarding the future…
