The strong correlation between BETZ and Bitcoin highlights the interconnectedness of risk-on assets, impacting investment strategies and market predictions.
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The previous Bitcoin market top may not have been marked by a dramatic crash or obvious sell signal, but by a highly coordinated, sophisticated wave of whale distribution. While most participants were driven by optimism and bullish conviction, large holders were quietly offloading positions in a way that blended seamlessly into normal market activity. How Whale Distributed Bitcoin Without Triggering Warning Signals The Bitcoin market top last year was less obvious than in past cycles, unfolding through a quiet, highly coordinated wave of whale distribution. ForeDex on X revealed that at a time when BTC participants were filled with optimism and conviction, a whale moved roughly 30,000 BTC to exchanges over 10 days via Galaxy Digital. Meanwhile, most market participants failed to recognize the significance of these flows. Related Reading: Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days ForeDex explained that BTC was split into smaller amounts and distributed acr
Schwab Crypto is rolling out spot bitcoin and ethereum trading for selected retail clients through Schwab-linked accounts. The offer includes 24/7 support, education, research, and pricing at 75 basis points on each trade’s dollar value. Schwab Crypto Begins Retail Rollout Financial giant Charles Schwab announced on May 12 that Schwab Crypto accounts are now being […]
A DeFi advocacy group has warned about a list of proposed amendments to the long-awaited crypto market structure bill that threaten the sector’s developers and hinder innovation in the US. Related Reading: Bitcoin Rally At Risk: This Critical Resistance Could End BTC’s Bullish Run CLARITY Act Amendments Could Harm The DeFi Sector On Wednesday, the DeFi Education Fund (DEF) shared a list of 16 “anti-DeFi amendments” to the Senate Banking Committee’s crypto market structure bill, known as the CLARITY Act, ahead of its highly anticipated Thursday markup session. In an X post, the advocacy group warned that some of the recent amendments submitted for consideration could harm DeFi technology, users, and developers if they are implemented in the final text of the legislation. These amendments came from Democratic Senators Catherine Cortez Masto, Andy Kim, Chris Van Hollen, Elizabeth Warren, and Jack Reed, who collectively targeted core DeFi protections in the bill. Some of the most notable
A crypto analyst has said that XRP’s current low price won’t remain the same forever. Despite also being a blue-chip cryptocurrency like Bitcoin and Ethereum, XRP is currently trading at a level where anyone can buy large amounts of tokens without significantly altering their personal finances. While buying one Bitcoin costs over $80,000 and one […]
The copper gold ratio has broken above its 200-day moving average for the first meaningful time since September 2020. The copper gold ratio is a closely watched macro signal measuring the relative strength of copper, an industrial metal tied to…
Bitcoin’s short-term heatmap shows $2.46B stacked at $78.1K support. Open interest climbs as price compresses between $78K and $84.7K resistance. The short-term heatmap is telling a specific story. Bitcoin is not drifting. It is sitting between two walls. According to More Crypto Online on X, the largest support cluster on the short-term heatmap sits at […]
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The post Ripple CTO David Schwartz Flags Bitcoin’s Incentive Problem appeared on BitcoinEthereumNews.com.
Schwartz says Bitcoin mining incentives create costly user-miner conflicts. XRP Ledger avoids mining rewards to reduce fees and centralization risks. Bitcoin and XRP declined despite renewed debate over blockchain efficiency. The long-running debate between Bitcoin and XRP gained fresh attention after Ripple CTO David Schwartz revisited his criticism of Bitcoin’s incentive structure. During a detailed presentation, Schwartz argued that Bitcoin’s proof-of-work model creates costly friction for users and miners alike. He also claimed the XRP Ledger offers a more efficient approach by reducing reliance on artificial incentives. Schwartz explained that blockchain systems need eventual agreement to function properly. Without consensus, users could not trust transactions or transfer value securely. However, he argued that Bitcoin solves this challenge through expensive mining competitio