Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Can Quantum Computing Unlock Lost Bitcoin Wallets? A Threat or An Opportunity?

Key Takeaways: Quantum computing poses a potential threat to inactive Bitcoin wallets, particularly older address types. The Bitcoin community is likely to adopt quantum-resistant address standards before a significant threat emerges. Return of lost Bitcoin can have an impact on the behavior of markets, but the amount of the capped supply of 21 million remaining…
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Ethereum an 'obvious buy' as accumulation addresses see record $883M ETH inflow

Ethereum inflow spikes often precede rallies, like the 35% surge after February 2023’s record inflows.

Bitcoin May Reach $200K Despite Trade War Fears. Can the Biggest Presale $WEPE 100x?

Fred Thiel, the CEO of Marathon Digital, a Bitcoin mining giant, is extremely bullish on Bitcoin and predicts it can reach $200K in 2025. BTC is currently trading around the $97,000 mark, which means it can double from current prices as per Fred. The CEO credits a pro-crypto regulatory environment post the appointment of Trump as a major driving force behind Bitcoin. As debanking gradually ends, an increasing number of banks will be able to serve crypto startups. This would encourage more businesses to put BTC on their balance sheets. As demand increases, so does the price. Now, unlike gold and silver, you can’t just extract BTC out of thin air. The supply is only limited to 21M coins. If businesses start holding Bitcoin, the prices are bound to increase. Furthermore, there are talks of various US states leaning towards building a Bitcoin reserve. If the idea does go through, another 1% of the supply would be needed, which will push the prices more. ‘So I think there is still a big belief that Bitcoin will continue to go up in price. There’s still a lot of demand for the asset by not just retail but also institutional investors.’ – Fred Thiel. Donald Trump Thirsty for a Tariff War While Bitcoin is nicely set up for an upward move in the long run, the journey won’t be smooth, thanks to the upcoming tariff war kindled by Donald Trump. After the tariffs imposed on Mexico and China last week, Trump said more tariffs will be imposed next week, where ‘everyone’ will be impacted. Although Trump didn’t specify which sectors will be targeted, the automobile industry definitely seems to be one. Trump isn’t a big fan of VAT imposed by the EU on American exports. A tit-for-tat move is expected. Steel, oil, and pharmaceuticals are some other industries that may be on the President’s radar. $BTC fell to around $91,000 during the last tariff announcement, and we may see another fall come next week. Short-term $BTC traders might see some volatility in the coming few weeks. However, the long-term view still stays positive as several analysts have predicted an upward move for Bitcoin towards the $200K mark. When the tariffs are in full swing, investors should look to bank on yet-to-be-listed coins that aren’t impacted by market volatility, i.e., crypto presales. If you’re on the lookout for the next crypto to explode, there’s hardly any better than Wall Street Pepe ($WEPE). What Is $WEPE? Wall Street Pepe ($WEPE) is a meme coin inspired by the famous frog meme (the same as $PEPE and $PEPU), looking to take forward the frog legacy but with a focus on small investors. $WEPE aims to put the power of crypto trading in the hands of retail participants instead of a select few whales. For a long time now, the crypto markets have been dictated by whales with exclusive access to classified information and news. However, Wall Street Pepe will change all that. All $WEPE token holders will get access to exclusive alpha calls and market information, which was earlier reserved for whales. This community of token holders, known as the $WEPE army, can access meme coin strategies and market updates, which will help them stay a step ahead of the institutional players. $WEPE’s community initiative has started well, too. It has amassed 45K followers on X and an active Telegram group. Last Chance to Buy $WEPE $WEPE’s idea has resonated well with the crypto community. The presale has been a massive hit, raising more than $70M. Seeing as it’s still going strong, Wall Street Pepe is now the biggest new meme coin presale after $PEPU, which raised $73M. $PEPU, which was also driven by the frog meme, made a massive 800% return for its investors. If $WEPE manages to achieve even half of that, it will go way past the 100x mark, making it one of the best cryptos to buy now. The $WEPE presale is in its last stretch. Although 7 days still remain, the tokens are much more likely to be sold out before that. Available at a current price of $0.0003665, this is easily the lowest you’ll ever see Wall Street Pepe ($WEPE) at. Buying $WEPE is pretty simple, too. Just head over to the official $WEPE presale website and link your crypto wallet (like Best Wallet). Then, ensure you have enough ETH, BNB, or USDT to purchase the number of tokens you want. Also, keep some extra ETH for gas fees. Next, punch in the number of tokens you want to buy and approve the transaction from your wallet. Final Words It’s important to remember that with a tariff war looming large, the markets are expected to be pretty volatile. Therefore, you must do your own research before investing your hard-earned money in crypto. Also, this article isn’t financial advice.

Austin University to launch $5M Bitcoin fund with 5-year HODL strategy: Report

The university’s endowment fund will aim for a minimum five-year Bitcoin holding strategy, citing its long-term potential.

Bitcoin Indicator Signals Short-Term Holders Have Been Taking Profits – Is The Next Rally Near?

Bitcoin is trading below the $100K mark after enduring a volatile and turbulent week. The cryptocurrency faced extreme selling pressure last Sunday, dropping over 9% in less than 24 hours. Although Bitcoin managed a slight recovery on Monday, the selling pressure has persisted, leaving the market in a state of uncertainty. Related Reading: Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence Key metrics shared by Axel Adler on X shed light on the current state of Bitcoin’s price action. According to Adler, the Bitcoin Short-Term Holder (STH) MVRV indicator has declined from $98K and a value of 1.35 to average levels. This drop suggests that short-term holders have been actively taking profits during this period of heightened volatility. The STH MVRV is a critical indicator for assessing market sentiment among short-term participants. Historically, values above 1.30–1.35 signal an overheated market, often leading to sell-offs. The recent decline in the indicator indicates that some short-term holders have exited their positions, potentially marking the end of a local overheated phase. As Bitcoin consolidates below $100K, market participants are keeping a close eye on key support and resistance levels, hoping to identify the next big move in this unpredictable market environment. For now, profit-taking and volatility dominate the narrative. Bitcoin Faces Persistent Selling Pressure As Short-Term Holders Exit Positions Bitcoin has been grappling with heightened volatility and selling pressure since the start of February, a trend that has negatively impacted altcoins and meme coins, leading to bearish price action across the market. Analysts are increasingly calling for a correction as bulls show signs of fatigue and price movements suggest further declines could be on the horizon. Key insights from CryptoQuant, shared by Axel Adler on X, reveal an important shift in market dynamics. The Bitcoin Short-Term Holder (STH) MVRV indicator, a critical tool for gauging short-term holder behavior, has declined from $98K and 1.35 to average levels. This drop indicates that short-term holders have been taking profits amid the recent market volatility. Historically, an STH MVRV above 1.30–1.35 signals an overheated market, often preceding significant sell-offs. The current decline in the indicator suggests that a portion of short-term holders have exited their positions, relieving some pressure on the market. A return to average levels typically marks the end of a local overheated phase. Related Reading: Solana Holds Support Above Key Indicator – Expert Sees Push To ATH If Momentum Returns If demand remains strong, Bitcoin is likely to enter a consolidation or sideways trading phase following this period of profit-taking. However, a drop in the STH MVRV below 1.0 would signal the formation of a local bottom, potentially setting the stage for a future rally. As the market navigates this period of uncertainty, monitoring these key metrics will be crucial in anticipating Bitcoin’s next move. Price Struggles to Find Direction Below $100K Bitcoin is trading at $96,700 after several days of sideways movement within a tight range between $100,000 and $95,600. The price has been unable to establish a clear direction, with bulls losing control after failing to hold the $100K mark last Tuesday. This lack of momentum has created an atmosphere of uncertainty in the market, leaving traders on edge as Bitcoin hovers near key support levels. The short-term outlook for Bitcoin remains unclear, as neither bulls nor bears have managed to take decisive control. If Bitcoin fails to hold above the critical $95K support level, a deeper decline into the $90K demand zone could follow. Such a move would signal increased selling pressure, potentially dampening sentiment further and extending the current consolidation phase. Related Reading: Ethereum Is Consolidating After The Flush Last Weekend – The Calm Before A Big Move? On the other hand, reclaiming the $100K level is crucial for bulls to regain control and push the price higher. However, without a strong push above this psychological resistance, Bitcoin’s price action is likely to remain choppy and uncertain. Market participants are watching closely for any signs of a breakout or breakdown, as the next move could define Bitcoin’s trajectory in the coming weeks. For now, caution remains the prevailing sentiment. Featured image from Dall-E, chart from TradingView

Top 6 Meme Coins to Buy as SEC Acknowledges First-Ever Solana ETF Application

The US Securities and Exchange Commission (SEC) has finally acknowledged a bid to create an exchange-traded fund (ETF) for Solana. The bid was filed by Grayscale, a crypto asset management firm. This is particularly noteworthy because it reflects a change of heart of the top regulatory body. After all, the SEC rejected a similar bid just six weeks ago.  However, that was before Donald Trump arrived in the White House. So, this is another clear signal that the new US government is very crypto-friendly. Combined with $SOL holding support and remaining stable, an ETF is indeed very bullish news for the blockchain, and by extension, its meme coins. Here are 6 cryptos that could benefit from $SOL-based ETFs and yield handsome returns for you. 1. Solaxy ($SOLX) – Best Meme Coin to Buy as Solana ETF Becomes a Reality As the launch of Solana ETFs draws closer, Solaxy ($SOLX) is set to be the biggest beneficiary of Solana’s upcoming bull run.  This is because Solaxy is the first-ever Layer 2 solution on the Solana network and, as such, is going to remove the biggest issues that have been plaguing Solana Layer 1 chains. By combining the goodness of both Ethereum and Solana – $SOLX is a multi-chain token – Solaxy will increase Solana’s ability to scale and carry out orders simultaneously. This means no more failed transactions or slower throughputs on Solana. Also, transactions will be carried out faster and for lower costs than before. All things considered, it’s no wonder $SOLX is being touted as the next crypto to explode. With close to $19M in presale funding so far, the $SOLX presale has proved the project’s hype and worth. You can join now for just $0.00163 per token. Here’s how to buy $SOLX. 2. MIND of Pepe ($MIND) – Best AI Crypto Coin Offering Investment Advice MIND of Pepe ($MIND) is a revolutionary AI agent coin that’s set to alter the fate of many small crypto traders like you and me.  It’s a self-evolving and autonomous AI-powered entity that lives on dApps and online platforms like X, chatting with crypto enthusiasts, influencers, and communities and understanding the ‘word on the street.’ Next, it uses next-gen hive-mind analysis to cut through all the clutter and come up with crypto investment opportunities that can actually yield profits. $MIND token holders will not only get exclusive access to such early-stage, high-potential trading calls, but they’ll also benefit from early access to the top new cryptos, i.e., even before they’re made available to the general public. The MIND of Pepe presale has already garnered over $5.5M, and it’s currently offering 1 $MIND for $0.0032924. However, the price will increase in the next few hours, so interested investors should hurry up. Check out how to buy $MIND for more info. 3. Meme Index ($MEMEX) – A Less Risky Approach to Investing in Meme Coins If you’re on the ropes about investing directly into individual meme coins and would like something safer, Meme Index ($MEMEX) is exactly what you’re looking for.  This one-of-a-kind crypto offers four different baskets of meme coins, providing investors with the diversity to curate an investment strategy that’s perfectly aligned with their risk tolerance and psychology. $MEMEX’s baskets range from very safe ones like the Meme Titan Index that contain only well-established cryptos with a market cap of over $1B all the way to risky but exponentially rewarding baskets like the Meme Frenzy Index, which is made up of the top trending cryptos that could skyrocket soon. With the memecoin market destined for long-term growth, Meme Index could very well be among the biggest gainers, seeing as it allows every single type of investor to become a participant. The $MEMEX presale has over $3.4M in its kitty at the time of writing, and you can be a token holder for just $$0.0159713. For more info, here’s a guide on  how to buy $MEMEX. 4. Wall Street Pepe ($WEPE) – Biggest Crypto Presale Set to Offer Massive Gains Wall Street Pepe ($WEPE) is hands down the best crypto presale of all time. It has crossed the mighty Pepe Unchained by collecting a record amount of $70M+ within a relatively short period of time. The hype is real. $WEPE aims to sweep the floor with crypto whales and level the playing field for small investors like you and me. This Robin Hood-like mission has been the project’s biggest selling point. As a $WEPE token holder, you’ll receive unique market insights (including insider info), investment calls and strategies, and access to a thriving community of traders who will share their secrets, mutually benefitting from each other and ultimately abolishing the dominance of institutional investors. The $WEPE presale will end any moment now, so this is your last chance to join the frog army at a low price of just $0.0003665 per token. Here’s how to buy $WEPE. 5. Bonk ($BONK) – OG Dog Meme Coin to Get a Boost with Solana ETF Bonk was the first-ever dog-themed meme coin to be launched on Solana, rivaling the likes of Dogecoin and Shiba Inu right from day one. It had a fantastic debut on Christmas Day 2022 when it airdropped a mind-boggling 50% of its total supply of 100 trillion coins to Solana community members who contributed to its creation. This wasn’t just a marketing move, either. $BONK really aims to become the community coin of Solana and challenge the very existence of predatory VC tokens. Although it was in red territory until very recently, $BONK looks like a really good buy right now.  It’s up nearly 7% in the last 24 hours, which could only be the beginning of a long rally upwards, as it stands to benefit massively from the launch of Solana ETFs. 6. Pudgy Penguins ($PENGU) – NFT-Meme Coin Combination on Solana Pudgy Penguins is another Solana-based meme coin, which is why it, too, reacted positively to the possibility of Solana ETFs becoming a reality. It’s up by around 3% today. It’s worth noting that $PENGU first launched on Ethereum (back in 2021). However, it rose to fame only when it shifted to Solana last year, attracting new investors and building a vibrant community. Pudgy Penguins is based on an NFT collection by the same name. It’s a cutesy assortment of 8,888 penguin-themed cartoon characters, meaning the token now derives its value from community support and cultural significance. Moreover, a current price of just $0.03 also makes Pudgy Penguins one of the best cryptos under $1. Conclusion Although the above-mentioned meme coins are highly likely to shoot up because of the launch of a Solana ETF, that’s not to say you shouldn’t follow a healthy investment plan. Always invest an amount you’re comfortable losing and do your own research before investing. Also, this article isn’t financial advice, and we merely offer our honest insights.

Coinbase CEO calls for blockchain-based US treasury, as DOGE saves billions

Elon Musk’s DOGE agency has saved US taxpayers $36 billion, prompting crypto leaders to push for blockchain-based government spending transparency.

Ye Reveals He Was Proposed to Fake a Meme Coin Hack, Denies Having Interest in Crypto

Kanye West revealed that he received a proposal to fake the launch of a meme coin associated with his name and later claim that his social media account was hacked. The performer stated that he rejected this offer and ceased working with the individuals involved. Ye Rejected Fake Meme Coin Hack Proposal: ‘Coins Pray on […]

Bitcoin OG sees $700K BTC price, $16K Ethereum in this 'Valhalla' cycle

Bitcoin at $350,000 and an $8,000 Ether price are “base cases” for Abra’s Bill Barhydt.

Enron Token Crashes Hard, CEO Takes Polygraph Test to Deny Involvement

Enron alleges that it had no involvement in the crash of its token, which was launched on February 4. Enron CEO Connor Gaydos sat with a retired FBI agent to take a polygraph test to clarify the situation. Enron CEO Takes Polygraph Test to Deny Involvement in Token Rugpull Enron is again involved in potential […]