Litecoin Records Highest Volume Since May 2023, Bullish Sign?
On-chain data shows Litecoin has recently recorded its highest weekly volume since May 2023. Here’s what this could mean for the asset’s price. Litecoin Transaction Volume Has Been Rising Recently In a new post on X, Jay Milla, the director of marketing at Litecoin Foundation, has pointed out that...
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Satoshi Nakamoto Better Not Be Danish, Tyler Cowen Quips As Denmark Proposes To Tax Unrealized Crypto Gains
Denmark’s Tax Law Council has put forth a proposal to tax unrealized gains and losses on cryptocurrency assets in the same way that it taxes stocks and bonds. What Happened: The council’s comprehensive 93-page report suggested that all cryptocurrency assets should be taxed under a uniform set of rules,...
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Peter Schiff Warns Investors Against Keeping $20K In Cash: ‘One Of The Riskiest Bets You Can Make’
Prominent economist Peter Schiff cautioned investors against holding cash as a long-term strategy, warning of significant purchasing power erosion amid growing inflation concerns. What Happened: The outspoken financial commentator and Bitcoin (CRYPTO: BTC) skeptic responded to an X user who expressed anxiety about investing their $20,000 savings, stating, “I...
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Vietnam Unveils Blockchain Plan: 20 New Brands And National Network In The Works
Vietnam has taken a significant step towards advancing its blockchain ecosystem by releasing its National Blockchain Strategy. The strategy, announced by the Ministry of Information and Communications (MIC) on October 23, outlines a roadmap for the country’s development of a decentralized network and aims to position Vietnam as a...
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Bitcoin Developer Peter Todd Fears Harassment, Goes Into Hiding After HBO Docu
A former Bitcoin developer refuted allegations that he is the real Satoshi Nakamoto, creator of Bitcoin, after an HBO documentary pinpointed him as the Bitcoin mastermind. Peter Todd, who claimed the documentary falsely identifies him as Satoshi, believed that it is pointless to know who the Bitcoin founder is,...
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Bitcoin’s Breakout From Broadening Wedge Pattern Setting The Stage For Potential Rally?
Bitcoin is displaying strong resilience, breaking through several key resistance levels and bullish technical patterns in spite of a downswing across the general cryptocurrency market, leading to a slowdown in BTC’s renewed upward movement. Bitcoin Undergoes Key Breakout From Bullish Pattern Bitcoin’s recent breakthrough from a Broadening Wedge pattern...
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Jailed crypto scammers blew stolen funds on shark tank, hookers: Report
The fraudsters stole $21.6 million from over 40,000 investors to fund their lavish lifestyle, which also reportedly included $100,000 spent on sex workers....
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Michael Saylor Says He Supports Self Custody For The ‘Willing & Able’ After Coming Under Fire From The Community For ‘Myth And Trope’ Comments
Amid mounting criticism, MicroStrategy founder Michael Saylor declared support for Bitcoin’s (CRYPTO: BTC) self-custody, stating that the asset benefits from all types of custody. What Happened: On Wednesday, Saylor took to X to clear the air on a controversial take that kicked up a storm. He advocated for self-custody...
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Satoshi Nakamoto Identity Prediction Market Appears More Volatile Than Bitcoin: Sassaman Dethrones Peter Todd
Bettors on the social prediction market Manifold believed late technologist Len Sassaman to be Bitcoin’s (CRYPTO: BTC) mysterious creator Satoshi Nakamoto, as estimates on the play money-powered platform fluctuate wildly. What happened: At the time of writing, Sassaman’s odds were 26%, as the cryptographer and privacy champion emerged as...
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Web3 GameFi Sector Expected To Hit $301.5 Billion By 2030 – Report
A recent Nansen report revealed that the Game Finance (GameFi) sector is expected to see major growth by the decade’s end, driven by decentralized economic systems, the rise of AAA games in Web3, and the popularity growth of role-playing games (RPG). What’s Behind Web3 GameFi’s Growth Blockchain analytics firm...
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