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Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study…

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Here’s How Much Ripple (XRP) and Shiba Inu (SHIB) Binance Currently Holds

TL;DR Binance’s latest Proof-of-Reserves (PoR) report shows it holds trillions of Shiba Inu (SHIB) tokens and billions of Ripple (XRP) coins. The PoR system, introduced in November 2022, confirms the…

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Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’

Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of…

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Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?

The ongoing turmoil in the Japanese and United States stock markets has triggered heightened volatility in the crypto space. This highlights the interconnectedness of global markets and Bitcoin’s growing correlation…

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