January 25, 2025

Hong Kong’s Gen Z prefers Bitcoin over property, survey reveals

January 25, 2025 boss

A survey by Hong Kong’s brokerage firm Futu reveals that Gen Z is highly optimistic about crypto, seeing three times more potential in Bitcoin than in real estate. A new survey by Hong Kong brokerage firm Futu Securities shows that Gen Z is rewriting the financial playbook. Instead of chasing the traditional dream of homeownership, this generation is betting big on Bitcoin (BTC) and other tokens. According to the survey, Gen Z is three times more optimistic about crypto than real estate, signaling a major shift in how they view…

Exploring the Significance of Account Abstraction in Blockchain Technology

January 25, 2025

Alvin Lang Jan 25, 2025 07:30 Account abstraction enhances blockchain usability by integrating smart contract features into wallets, addressing security and user experience challenges. Account abstraction is emerging as a pivotal development in blockchain technology, aimed at enhancing user experience and security by embedding smart contract capabilities into crypto wallets. This innovation addresses critical issues associated with traditional wallets, known as Externally Owned Accounts (EOAs), according to BNB Chain. The Need for Account Abstraction EOAs pose significant challenges, especially for new users,…

Bitcoin To $181,000? Mayer Multiple Reveals When BTC Will Become ‘Overbought’

January 25, 2025 boss

Bitcoin has still not become overbought according to the Mayer Multiple. Here’s the level BTC would need to breech in order to enter this territory. Bitcoin Mayer Multiple Has A Value Of 1.37 Right Now In a new post on X, the analytics firm Glassnode has discussed about the latest trend in the Mayer Multiple for Bitcoin. The “Mayer Multiple” here refers to an indicator that keeps track of the ratio between BTC’s spot price and its 200-day moving average (MA). As Glassnode explains, The 200DMA is a widely recognized…

Bitcoin Long-Term Holders Officially Enter Into Greed Territory, Is This Good Or Bad For Price?

January 25, 2025 boss

Este artículo también está disponible en español. In a recent development, crypto analyst Ali Martinez revealed that Bitcoin long-term holders have officially entered greed territory. This could benefit the price in the short term, although the long-term consequences could be severe. The greed phase suggests that long-term Bitcoin holders are now excessively optimistic about BTC’s future trajectory. Bitcoin Long-Term Holders Officially Enter Into Greed Territory In an X post, Martinez stated that long-term Bitcoin holders, having experienced every phase of the market cycle, are now letting greed take over. In…

Inauguration Effect? Bitcoin Whales Start Accumulating As Trump Era Begins

January 25, 2025 boss

Este artículo también está disponible en español. Following Donald Trump’s inauguration on January 20th, Bitcoin (BTC) has remained range-bound, trading between $101,000 to $110,000. However, a new report by CryptoQuant states that behind this routine price action, Bitcoin ‘whales’ are quietly back to accumulating the premier cryptocurrency. Bitcoin Whales Back In Accumulation Mode According to the report, large BTC holders – commonly referred to as Bitcoin ‘whales’ – have re-entered the accumulation phase. Recent data shows a significant uptick in the monthly percentage growth of BTC holdings among these large…

Justin Sun’s Grand Strategy For Ethereum Price: $10,000 Target

January 25, 2025 boss

Este artículo también está disponible en español. As the Ethereum price lingers below its all-time highs (ATHs), TRON founder Justin Sun has emerged with a bold vision aimed at revitalizing the altcoin’s value. Sun’s Vision For The Ethereum Price In a recent social post on X (formerly Twitter), Sun proposed a plan that he believes could propel the Ethereum price to unprecedented heights, targeting a price of $10,000. Sun’s strategy hinges on a radical overhaul of the Ethereum Foundation (EF) and the Ethereum protocol itself. Related Reading The TRON founder…

Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025?

January 25, 2025 boss

On-chain data shows that Bitcoin shark-sized wallets have climbed to a new all-time high recently, a sign that could be bullish for BTC. Key Bitcoin Investors Have Been In Accumulation Mode Recently According to data from the on-chain analytics firm Santiment, the total number of sharks on the Bitcoin network has registered an increase recently. The indicator of relevance here is the “Supply Distribution,” which tells us about the amount of BTC wallets that belong to a particular group. Addresses or investors are categorized into these cohorts based on the…

Top Crypto Exchange Binance Airdrops and Lists New Anime-Focused ‘Culture Coin’

January 25, 2025 boss

A new “culture coin” is rolling out on Binance. The top global crypto exchange airdropped Animecoin (ANIME) to qualified users this week and then listed the asset for trading. Animecoin is the sixth project launched via Binance’s HODler Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Animecoin bills itself as a way for fans to own a piece of the anime industry. “ANIME is a true Culture Coin – a movement that transforms the anime fandom of 1 billion fans into a community-owned…

Ethereum Price Eyes $4,000 With Rising Channel Pattern

January 25, 2025 boss

Este artículo también está disponible en español. Crypto analyst BasicTrading has revealed a bullish pattern that has appeared for the Ethereum price, which hints at a rally to $4,000. This again provides some optimism concerning ETH, which has continued to underperform in this market cycle. Ethereum Price Eyes $4,000 With This Bullish Pattern In a TradingView post, BasicTrading revealed that a breakout to $4,000 looks to be on the horizon for the Ethereum price following the formation of a rising channel pattern. This bullish prediction came as the analyst noted…