Popular economist and vocal opponent of Bitcoin Peter Schiff has issued a warning to the cryptocurrency community, predicting that BTC Spot Exchange-Traded Funds (ETFs) buyers will soon start bailing out as they become overwhelmed by the volatility in the market. Bitcoin ETF Buyers Will Soon Bail Out Being known for holding unconventional opinions, investors are drawn to Peter Schiff‘s cautious approach, which raises the possibility of market instability. According to Schiff, the price of Bitcoin is currently trading below 26 ounces of Gold, which is a 30% drop from its record high witnessed a ..read more

Prominent Bitcoin advocate and co-founder at CMCC Crest, Willy Woo, has sparked a spirited discussion surrounding the future of Bitcoin and its potential impact on younger generations. In a recent Twitter exchange with Jesse Colombo, Director of Marketing at BullionStar, Woo disputed the characterization of Bitcoin as a risk asset and instead painted it as a beacon of hope and empowerment for the youth. This debate comes at a time when Bitcoin’s status as a crisis hedge is being challenged due to a recent drop in its price while gold and silver experienced gains. Bitcoin is down nearly 4% tod ..read more

The introduction of a new draft bill aimed at regulating stablecoins in the United States has ignited a firestorm of debate within the cryptocurrency sector. This legislative development, while still in its formative stages, is positioned to significantly alter the operational landscape for digital currencies, particularly Ethereum and its associated stablecoins. A Big Win For Ethereum? Ryan Berckmans, a prominent member of the Ethereum community and an investor with extensive experience, provided an enthusiastic analysis of the draft bill. He shared his thoughts via X, a popular social media ..read more

In a landmark move aimed at bringing stability and oversight to the rapidly expanding world of digital finance, US Senators Kirsten Gillibrand and Cynthia Lummis have unveiled the Lummis-Gillibrand Payment Stablecoin Act. The legislation, which has been in the works for months, seeks to establish a comprehensive regulatory framework for payment stablecoins, addressing concerns surrounding their use and potential risks. Bipartisan Effort To Tackle Stablecoin Regulation The introduction of the Lummis-Gillibrand Payment Stablecoin Act marks a significant bipartisan effort to address the regulator ..read more

The XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) over the status of XRP as a security is poised to escalate to the US Supreme Court. This anticipation has been reinforced by a recent ruling in the Coinbase case, which favored the SEC, as presided over by Judge Katherine Failla of the Southern District of New York. XRP Lawsuit Going To The US Supreme Court? Ladan Stewart, former chief of the SEC’s crypto litigation unit, spoke on a panel at Columbia Business School, revealing these insights into the agency’s regulatory stance and future directions. Despite ..read more

Over the years, crypto hacks have become more elaborate and common. In 2024, the community has seen hundreds of millions swept away from exploits and scams, leaving investors empty-handed. Sometimes, the exploiters return the funds and point out a project’s vulnerabilities, helping prevent future incidents. However, it’s more common to see hackers take the stolen funds and flee the scene. Crypto investigator ZachXBT unveiled a chain of exploits seemingly connected to the self-called Whitehat hacker responsible for the Prisma Finance exploit that took $12 million last month. Stained Whitehat Ha ..read more

While the Bitcoin community fixates on the upcoming halving and wavy interest in spot exchange-traded funds (ETFs), a looming threat could hinder its growth and adoption of the world’s most secure network: fragmentation of token standards. Token Issuing Standards On Bitcoin Fragmented In a post on X, one analyst pointed out the proliferation of competing token issuance standards in Bitcoin. Some popular ones, including the BRC-20 and Inscriptions, are vying for dominance ahead of the planned launch of Runes after Halving.  In essence, token standards, regardless of the network, ensur ..read more

Shiba Inu continues to struggle in the market, especially as Bitcoin continues to demonstrate muted price movements ahead of the halving. This market-wide downtrend continues to keep the prices of cryptocurrencies down. However, for the long term, the outlook for coins like Shiba Inu continues to be incredibly bullish, according to analysts. Crypto Analyst Says Shiba Inu Is Now In Macro Third Wave Crypto analyst Crypto Cipher took to X (formerly Twitter) to share his latest Shiba Inu analysis with the community. Cipher first caught the attention of the SHIB community with his analysis from May ..read more

The cryptocurrency landscape is about to witness the emergence of a new Bitcoin-native digital commodity protocol that is expected to leave a lasting impact. Developed by Casey Rodamor, the Runes Protocol generates significant anticipation within the crypto community.  However, DeFi researcher and market expert DeFi Ignas cautions investors to consider several bearish factors before succumbing to the fear of missing out (FOMO) as the protocol prepares for its launch on Friday. Rising BTC Transaction Fees And NFT-Like Trading Mechanisms  In a recent social media post on X (formerly Tw ..read more

Technical analysis shows that Dogecoin (DOGE) may be set for an upside move after dropping to a major support level. This and other imminent bullish developments in the meme coin’s ecosystem suggest it may be the right time to invest in the crypto token.  Time To Go Long On Dogecoin? Crypto analyst BitLuxe revealed in an X (formerly Twitter) post that Dogecoin was trading near crucial support between $0.146 and $0.151. He then suggested that it may be time to go long on the foremost meme coin, although with a tight stop loss, possibly due to the uncertainty that is still in the market.&nb ..read more