The Shiba Inu faithful have reason to wag their tails. Over the past few days, the meme coin has witnessed a surge in buying pressure, hinting at a potential bull run. But should investors unleash their inner Doge and start digging for bones, or is this just a fleeting frenzy? Crypto analyst Ali underscores a […]
Glassnode’s annual on-chain review for 2023 highlights an exceptional year for digital assets, with Bitcoin leading the way after experiencing an impressive 172% surge. Ethereum and other altcoins also performed well, recording a 90% growth in their market capitalizations. A notable aspect of the Glassnode’s report was the remarkable lack of depth in price corrections […]
As SHIB’s price chart hints at possible jump to $0.00002, Shiba Inu investors are on high alert for game-changing move
The Japanese government has given its approval to revised taxation laws that provide favorable conditions for companies holding cryptocurrencies. The major change involves the exclusion of year-end market value assessment taxation for corporations holding third-party issued cryptocurrency. Japan Reduces Crypto Tax Bill For Companies According to a recent report, as a result of Japan’s crypto […]
Binance (BNB) recently underwent regular maintenance, but its value took a hit, and crypto analysts are bullish that it can see a price increase. Chainlink (LINK) released an adoption update, highlighting the massive increase in its ecosystem size. Everlodge (ELDG) is also making a splash, as it aims to disrupt the $280 trillion real estate […]
These dark markets have now gone online, and payments are made through cryptocurrency, says the annual report of Directorate of Revenue Intelligence ( …
The Shiba Inu burn initiative begins the week with a positive sentiment as the project has witnessed a significant increase in its token burn rate over the last 24 hours. Shiba Inu Burn Rate Sees Notable Uptick On Monday, December 25, over a 5,000% increase in the last 24 hours has been observed in the […]
When can traders expect price blast of Cardano (ADA)?
A crypto strategist who nailed the top of the Bitcoin (BTC) bull market in 2021 believes that one Ethereum (ETH) scaling solution that’s trading under the radar will see a burst to the upside. Pseudonymous crypto strategist Pentoshi tells his 727,200 followers on the social media platform X that he’s bullish on Arbitrum (ARB). According […]
An analyst who nailed the end of the 2021 Bitcoin bull market believes that Ethereum (ETH) will rally behind a catalyst that’s been overshadowed by the potential approval of a spot market BTC exchange-traded fund (ETF). Pseudonymous analyst Pentoshi tells his 727,600 followers on the social media platform X that the possible approval of spot […]
The excitement in the crypto market has peaked as the “humanness” cryptocurrency, Worldcoin (WLD), surged. This growth spike followed a renewal of interest from a significant figure, Sam Altman, the OpenAI CEO. The 30% increase has put the token at the forefront as analysts offer predictions of its boom in 2024. Amid this development, altcoins […]
Cryptocurrency price on December 25 quick take: The global market cap stood at $1.66 trillion.
ZachXBT, a prominent figure known for his thorough on-chain investigations, recently deactivated his social media account. The renowned crypto sleuth temporarily removed his presence from X (formerly known as Twitter), sparking the emergence of numerous memecoins claiming ties to him. Why ZachXBT Deactivated His X Account ZachXBT is a prominent figure in the crypto community […]
Former United States Securities and Exchange Commission (SEC) official John Reed Stark, also a vocal cryptocurrency critic, attributes his shift in stance on spot Bitcoin ETFs to rumors from SEC internal calls. “Interesting. If these posts are true, some iteration of a Spot Bitcoin ETF seems likely,” he stated. Spot Bitcoin ETF Critic Says it […]
Followers of the crypto industry with an interest in the UK may recall positive messages emanating from the British authorities throughout 2023. According to Prime Minister Rishi Sunak, speaking at a London launch event for the heavily crypto-invested VC firm Andreesen Horowitz earlier this year, his intent was to “turn the UK into the world’s […]
Deepfake video on YouTube impersonating Michael Saylor is latest example of sophisticated AI-powered crypto scams
A closely followed crypto analyst says that one on-chain metric is signaling that meme asset Dogecoin (DOGE) may soon witness a burst to the upside. Crypto analyst Ali Martinez tells his 37,300 followers on the social media platform X that the memecoin is experiencing a steady rise in the number of new addresses, contributing to […]
Domestic firms were previously required to pay tax on paper gains from their cryptocurrency holdings but now only need to do so when they sell the …
Bitcoin dropped on Christmas Eve by roughly a grand and briefly went below $43,000 but has managed to bounce off above that level as of now. Polkadot is the top performer from the larger-cap alts now, with a 5% increase on a daily scale. In contrast, SOL and AVAX have cooled off after the recent […]
El Salvador’s government has welcomed with open arms foreigners who want to make Bitcoin donations to government development programs. A recent report noted that a surprise vote on December 20th a legislature was passed, which will come into effect in the coming days. Foreigners Can Secure El Salvador Citizenship Through Bitcoin Donations A recent report […]
Decentraland (MANA) gained a lot of attention due to its virtual world in which players can buy, sell or explore digital real estate and engage with interactive applications. Recently, it saw a price upswing that gave it significant attention, but it’s not alone. Shiba Inu (SHIB) is a stand-out meme-inspired token that initially took the […]
The price movement of XRP has had its ups and downs this year, reflecting the volatile nature of cryptocurrencies. The crypto has increased by 74% this year, following the general bullish sentiment among cryptocurrencies. XRP went on a noticeable price spike in the middle of the year, although the price increase is currently calm and […]
Bitcoin ETF amendment deadline set, is US SEC ready to grant approval now?
A top trader who caught the crypto rally at the start of the year is unveiling his outlook for Bitcoin as market participants eagerly await the potential approval of spot market BTC exchange-traded funds (ETFs). Crypto analyst DonAlt tells his 55,600 YouTube subscribers that the approval of a spot-based BTC ETF will likely induce increased […]
The world of cryptocurrencies has been turned upside down with the emergence of controversies surrounding cryptocurrency exchange MexC. For …
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. Come with me to the land of saffron and rosewater for a story lost in the annals of history. This ancient kingdom, rich in history and once […]
The Central Bank of Nigeria (CBN) has lifted a ban preventing banks from operating accounts for cryptocurrency service providers in the country. According to a December 22 circular sent to banks, the affected financial institutions can now open accounts for Virtual Assets Service Providers (VASPs) registered with the Securities and Exchange Commission (SEC) in line with […]
Interest in altcoins, such as Polkadot, has significantly increased as the year draws to a close. After posting an impressive 47% gain in December, Polkadot (DOT) has become a standout performer in the cryptocurrency market. Polkadot Surges 20% In the latest development, the value of DOT has rapidly increased, rising by an impressive 20% in just the […]
BitMEX founder Arthur Hayes says the traditional finance (TradFi) world could gain dangerous levels of power over Bitcoin (BTC) if they manage to control spot BTC exchange-traded funds (ETFs). In a new essay, the crypto veteran says that if ETFs managed by TradFi asset managers are too successful, “they will completely destroy Bitcoin.” Hayes says […]
One indicator is suggesting that new all-time highs for Bitcoin (BTC) are no more than two months away, according to a closely followed crypto analyst. The pseudonymous analyst TechDev tells his 425,000 followers on the social media platform X that Bitcoin’s on-balance volume (OBV), a trend indicator that uses volume flow to anticipate price changes, […]
Seasoned trader Peter Brandt says he’s no longer expecting the leading altcoin Ethereum (ETH) go on a big move to the downside. Last week, Brandt told his 707,300 followers on the social media platform X that he was shorting Ethereum, predicting that ETH could tumble to as low as $650. In an update, the veteran […]
For weeks, a dog-themed Solana meme coin relentlessly dominated Crypto Twitter discourse, with no end in sight. But it would finally appear that BONK fever has broken—thanks to… another dog-themed Solana meme coin. Dogwifhat (WIF), an upstart meme coin depicting exactly what you’d think it would, rocked Twitter this week after climbing a ludicrous 227,000% […]