The recent volatility in the Bitcoin market has caused uncertainties among investors regarding the future direction of the cryptocurrency. The flash crash on April 12, which led to a drop in Bitcoin’s value from $70,000 to below $67,000, has raised concerns about the sustainability of the ongoing bull cycle. This downturn has made it challenging
The cryptocurrency industry has been buzzing with speculation about the future value of Bitcoin post-halving. While some industry experts project a bullish outlook with Bitcoin’s market cap potentially reaching $3 trillion, others like Fred Thiel, CEO of Marathon Digital, remain skeptical. Thiel believes that the recent rally influenced by the halving event has already been
The cryptocurrency market faced a significant correction on April 12, leading to a drop in the prices of various digital assets. Shiba Inu (SHIB) was not exempt from this trend, experiencing a 6% decline over the past week and a 20% decrease in a month. Despite this negative performance, many analysts remain optimistic about the
The cryptocurrency market experienced a sudden and unforeseen hit on April 12th, resulting in a spontaneous decline in the price of Bitcoin and other major altcoins. This unexpected turn of events led to massive liquidations across the board, leaving many traders in a state of shock and uncertainty. The exact cause of this widespread price
The IRS criminal investigation chief, Guy Ficco, recently highlighted a concerning trend in tax crimes involving cryptocurrency. According to Ficco, there has been a surge in what he calls “pure crypto tax crimes” falling under Title 26 of the US Code, specifically federal income tax violations. These crimes range from failing to report income from
As lead analyst Hannah Phung from SpotOnChain shared her insights on the potential impact of Bitcoin Halving on the flagship cryptocurrency’s price, it raises a crucial point in the ongoing debate in the crypto community. Phung highlighted that historically, Bitcoin’s price tends to surge around 6 to 12 months after the Halving event, rather than
Bitcoin has recently reached the $70,000 mark, showcasing a significant recovery from its previous dip. This has sparked optimism among cryptocurrency enthusiasts who are eagerly awaiting the upcoming Bitcoin Halving event. Rekt Capital, a prominent cryptocurrency analyst, has shared valuable insights regarding the three key stages of this crucial event that investors should pay attention
The price of Cardano (ADA) has seen a significant decrease in recent weeks, dropping by over 28% from its peak of $0.808 on March 11 to just below the $0.60 mark. This decline has caused Cardano to slip to the 10th position among the largest cryptocurrencies by market capitalization, underperforming compared to its competitors. Despite
Bitcoin, the world’s largest cryptocurrency, has recently garnered the attention of the ultra-wealthy elite. Individuals with assets worth millions and billions of dollars are now showing interest in entering the digital asset market, aiming to be a part of Bitcoin’s ground-breaking ecosystem. Barbara Goldstein, the Managing Partner at R360, an exclusive networking and investment club
American author and financial educator Robert Kiyosaki recently expressed his support for a bold prediction made by Cathie Wood’s asset management firm Ark Invest. Wood predicted that Bitcoin (BTC) could reach a value of $2.3 million, a figure that Kiyosaki finds plausible. He trusts Wood’s judgment, acknowledges her intelligence, and recognizes the potential for BTC
As the crypto world continues to evolve, investors are always on the lookout for the next big thing. With Shiba Inu (SHIB) consolidating and investors eyeing new opportunities, Sponge (SPONGE) has emerged as an exciting new meme coin with the potential for substantial returns. Sponge, a meme coin that first appeared in 2021 as an
In recent times, Dapper Labs, the company known for its popular NFT projects like NBA Top Shot and CryptoKitties, has been thrust into the spotlight not for its success in the NFT market, but for a probe conducted by the U.S Securities and Exchange Commission (SEC). While the case was officially closed in September 2023,
Recently, the Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury recognized crypto exchange Coinbase for its significant contributions to major criminal investigations. This acknowledgment highlights the importance of compliance and reporting practices in aiding law enforcement efforts. The recognition comes at a crucial time for Coinbase, given the backdrop of an
Slothana has quickly become the latest meme sensation on Solana, capturing the attention of meme coin enthusiasts. With its unique persona of a red-eyed sloth, Slothana (SLOTH) has garnered significant interest in the crypto market. The $SLOTH ICO has already raised an impressive $10 million in just three weeks, signaling a strong demand for this