Category: Cryptocurrency news

BlackRock signals selling over $500 million of these cryptocurrencies

Amid the ongoing cryptocurrency volatility, BlackRock, the world’s largest investment firm, has transferred more than $500 million worth of Bitcoin (BTC) and Ethereum (ETH) to Coinbase Prime hot wallets. This transfer suggests the investment manager may be preparing for potential selling pressure linked to ETF redemptions. Data indicates that the asset manager moved 5,847 BTC, […]

Was Robert Kiyosaki right about the ‘toilet paper dollar’?

In April 2023, ‘Rich Dad Poor Dad’ author Robert Kiyosaki warned that the U.S. dollar could effectively become “toilet paper” as inflation, banking instability, and de-dollarization fears shook global markets. Three years later, with inflation still elevated, the U.S. debt burden surging, and Bitcoin and gold posting massive gains, investors are increasingly asking whether Kiyosaki’s […]

Detailed Technical Report Published Following Bitcoin’s Latest Drop: Where Is It Headed?

In its latest report, cryptocurrency analytics company Glassnode stated that the short-term outlook for the Bitcoin market is beginning to weaken and investors are adopting a more cautious stance. According to the report, Bitcoin rose from above $60,000 to over $82,000. However, this rise was followed by a loss of momentum, and the price retreated […]

“Volatility Gap” Alert on the XRP Chart – What Does It Mean?

Cryptocurrency analytics company CryptoQuant noted a significant slowdown in the $XRP market, both in on-chain data and derivatives markets. The company’s latest analysis states that $XRP has entered a period described as a “volatility gap,” where speculative interest in the market has largely disappeared. According to the analysis, while the $XRP price continues its sideways […]