Bitcoinist·
Cardano analytics platform TapTools has announced that it is shutting down, providing a major blow to the ADA ecosystem. This comes amid allegations that the network is a ‘Zombie Chain’ with low user activity. Cardano’s TapTools Announces It Is Winding Down In an X post, TapTools announced that they are preparing to wind down their […]
Read full articleUniswap has recorded its largest daily UNI burn under the UNIfication mechanism as Hayden Adams renewed his bullish view on DeFi and Ethereum. Hayden Adams, the creator of Uniswap, said on X that he is “extremely bullish on DeFi and…
Bitcoin has fallen to nearly $59,000 after dropping more than 20% in a week, prompting Michael Saylor to respond publicly after CNBC host Jim Cramer blamed him for the cryptocurrency’s latest selloff. Posting on X as Bitcoin (BTC) slid below…
Helium founder Amir Haleem has stepped down as chief executive of Nova Labs after HNT’s price suffered a steep multi-year decline and the company sold its consumer mobile business. According to Haleem’s announcement on X, Mario Di Dio has taken…
Crypto pundit Ash Crypto has drawn attention to speculations about how institutions could be crashing the Bitcoin price on purpose. This comes as the Bitcoin ETFs continue to record massive outflows, which have caused this latest decline for the leading crypto. Pundit Highlights Speculations Of Institutions Purposely Crashing Bitcoin Price In an X post, Ash Crypto claimed there were rumors that institutions are purposely crashing the Bitcoin price so they can buy at lower prices before the Clarity Act is signed into law. The pundit noted that a similar pattern had played out in August 2022, when BlackRock filed for a private Bitcoin trust, and BTC later dropped about 36% before forming a bottom. Related Reading: What To Expect For The Bitcoin Price By EOY 2026 Following that, BlackRock then filed for a spot Bitcoin ETF, and the Bitcoin price later surged by 95%. Ash Crypto noted that BTC hit a new high in January 2024, when spot ETFs were approved. He added that insider institutions
Michael Saylor has urged Bitcoin supporters to balance purity, adoption, innovation, and stability as the asset trades near its weakest levels in almost two years. Saylor, writing in a Friday post on X, said Bitcoin’s future should not depend on…
Polymarket has paid at least $350,000 to social media influencers over a 14-month period, with many of those creators later promoting the prediction market platform on X without clearly disclosing a paid relationship, according to a POLITICO investigation based on…
Michael Saylor said Bitcoin has moved far beyond its early life as a niche protest and now reaches individuals, companies, banks, capital markets, and governments. Related Reading: Bitcoin Falls To $61,300 As Mt. Gox Moves BTC, Raising Selloff Concerns In a new paper posted on X, he grouped the Bitcoin world into four camps and […]
Many cryptocurrencies charted multi-month or even yearly lows in the past week. ADA is among the poorest performers.
