The Bank of Botswana is in the early stages of a feasibility study to evaluate whether to introduce a central bank digital currency (CBDC). According to Ruth Baitshepi, head of the digitalization and innovation hub, the study aims to assess both the necessity of a CBDC and the potential risks digital assets pose to the […]

Botswana Explores Potential Launch of Central Bank Digital Currency

Web3 pump-and-dump schemes thrive on hype, anonymity, and unregulated markets; 
understanding their playbook is key to avoiding costly traps.

How fake news and deepfakes power the latest crypto pump-and-dump scams

Bitcoin’s recent price moves have closely followed a two-year Fibonacci model. 
According to analyst CryptoCon, the next logical level could be around 
$166,000. Fibonacci’s fingerprints on Bitcoin’s rise Bitcoin’s (BTC) recent 
all-time high near $123,000 has triggered all the usual…

$166,000 looks inevitable for Bitcoin, according to CryptoCon’s two-year Fibonacci roadmap

Ethereum (ETH) is capturing market attention with signals of a potential 
breakout reminiscent of Bitcoin’s historic 2021 bull run. Analysts cite a 
combination of strong technical indicators, increasing ETF inflows, and 
intensified whale accumulation as key reasons Ethereum could soon outperform 
Bitcoin. Related Reading: Top Analyst Says Bitcoin Is Trapped: ‘Nothing To Do 
Until October’ ETH recently broke out of a classic falling wedge pattern, a 
technical setup often linked to trend reversals. This bullish formation, 
combined with multiple Relative Strength Index (RSI) taps, suggests Ethereum 
may be poised for a significant upward move. The RSI behavior mirrors 
Bitcoin’s movements in early 2021, before it surged to record highs. Adding to 
the bullish narrative, Ethereum&#8217;s RSI has tapped its long-term trendline three 
times, a rare pattern seen during market bottoms and major trend shifts. ETH&#8217;s 
price trends to the upside on the daily chart. Source: ETHUSD on Tradingview 
$5.4 Billion in Ethereum ETF Inflows Reflect Institutional Confidence 
Institutional interest in Ethereum is surging. Over the past 20 days, Ethereum 
ETFs have recorded $5.4 billion in net inflows, with only one day of outflows 
in July. BlackRock’s ETHA ETF alone accumulated more than $4 billion, while 
the iShares Ethereum Trust added $1.7 billion across 10 straight trading days. 
This ETF demand marks a strong signal of growing confidence among professional 
investors. On-chain data also reveals a 40% surge in Ethereum ETF holdings 
over the last month, a vertical trajectory that underscores rapid 
institutional adoption. Whale Accumulation Adds Fuel to Ethereum’s Rally 
Potential Whales are also aggressively accumulating. More than 200 new whale 
addresses have been added since early July. Notably, one address reportedly 
purchased $300 million worth of Ether via OTC deals through Galaxy Digital. 
Despite recent price dips below $3,400, ETH rebounded to $3,560, signaling 
strong support and buyer interest. Analysts now see the ETH price forming a 
base for a sustained rally, especially if price closes above key resistance 
with rising volume. Related Reading: Polkadot Powers Up: Breakout Structure 
Signals A Bullish Week Ahead Supported by favorable technical indicators, 
increased institutional investments, and substantial holder confidence, ETH 
appears well-placed to potentially outperform Bitcoin in the coming months. As 
market participants anticipate the next upward movement, Ethereum may be 
poised to challenge Bitcoin’s prevailing market dominance. Cover image from 
ChatGPT, ETHUSD chart from Tradingview

Why Ethereum to Outperform Bitcoin: $5.4B ETF Inflows, Whale Accumulation, and 2021 Breakout Pattern

The crypto market rose on Monday, continuing a trend that began on Sunday, 
when Bitcoin and most altcoins crashed. Bitcoin (BTC) price jumped to 
$115,300, up from the weekend low of $112,000. Other altcoins, especially 
Spark (SPK), MemeCore (M), Mantle…

Crypto market rally: why are Bitcoin and altcoins going up today? (08/4)

Ethena is holding strong above structural support after a sharp 11.23% rally, 
showing signs of bullish continuation. With volume rising and price holding 
key levels, the next stop could be $0.96. Ethena’s (ENA) recent price action 
confirms strength as it…