XRP’s Parabolic Uptrend, Congressman Buys Meme Coins, Fed Chair Powell Likens Bitcoin To Gold And More: This Week In Crypto
The past week was a rollercoaster ride in the cryptocurrency market. From XRP’s explosive gain to Shiba Inu’s burning spree, the crypto world was buzzing with activity. Let’s dive into the top stories that shaped the crypto market over the weekend. XRP’s Parabolic Uptrend Over the last weekend, XRP...
Read More
US Council Sounds The Alarm: Crypto Oversight Needed For Stablecoins
Popular stablecoins, or digital assets designed to have a “relatively stable price,” are getting noticed by policymakers. While these crypto units are more stable than their counterparts, a recent Financial Services Oversight Council (FSOC) report suggests they can pose risks to the financial markets. Specifically, the FSOC 2024 Annual...
Read More
Bitcoin Rally Fuels Demand For Crypto Loans: Lending Sector On The Rebound
The recent Bitcoin price surge, which surpassed $100,000 for the first time, is creating ripples in the long-struggling crypto lending sector, particularly through decentralized finance (DeFi) applications. According to a Bloomberg report, the speculative excitement surrounding Bitcoin has not only invigorated its trading but is also spilling over into...
Read More
Dogecoin Steadily Ascends To $0.4484 Resistance As Bulls Maintain Control
Dogecoin has been steadily climbing, with its price approaching the critical $0.44848 mark. This consistent upward movement signals that the bulls are firmly in control, pushing DOGE closer to new territory. As the price steadily advances, market attention intensifies, leaving many wondering if this persistent ascent is the beginning...
Read More
Dogecoin Price Could Hit Double Digits If It Follows 2 Sub-Cycle Surges From 2017
Crypto analyst Trader Tardigrade has predicted that the Dogecoin price could hit double digits if it repeats historical patterns from the 2017 bull run. The analyst had previously predicted that Dogecoin could rally as high as $8.7 if it mirrors the 2017 bull cycle. Dogecoin Price Could Hit Double...
Read More
Elon Musk Laughs Off OpenAI CEO’s Tweet On Sacks’ Appointment – Here’s The Scoop
The rivalry between two respected tech giants continues, which is evident in a congratulatory post that might have reignited the rift between the two former allies in AI tech. SpaceX CEO Elon Musk took a swipe at his rival, OpenAI CEO Sam Altman, after the latter congratulated David Sacks for...
Read More
Altcoin season ‘leg down will be ugly,’ says venture capitalist
A crypto venture capitalist warns that “once momentum tips,” market participants could be in for a surprise and there will be “some murder wicks” on the charts....
Read More
Dogecoin Price Primed For ‘Violent’ 60% Move Against Bitcoin If This Happens
Crypto analyst Bluntz Capital has predicted that the Dogecoin price could soon witness a ‘violent’ 60% move against Bitcoin. The analyst further revealed what needs to happen for this parabolic rally to happen. Dogecoin Price To Record 60% Move Against Bitcoin In an X post, Bluntz Capital shared an...
Read More
Bitcoin ETFs Surpass Satoshi’s Holdings, Blockchain Firm Breaks Down Institutional Adoption In 2024
The year 2024 will be one for the history books for the cryptocurrency industry and, especially, for Bitcoin. After kickstarting the year with the approval of spot exchange-traded funds (ETFs), it didn’t take long before the premier cryptocurrency rode on the back of fresh institutional capital to a new...
Read More
Bitcoin Goes Tax-Free In Czech Republic For Long-Term Holders
If you’re from the Czech Republic, you have another good reason to hold your Bitcoin. The government has approved a new tax policy exempting Bitcoin from capital gains tax, provided these assets have been held for at least three years. The updated tax policy also exempts individuals from paying...
Read More