Tag: News

The crypto world is abuzz with a presale token promising massive returns. It has caught the attention of a prominent Dogecoin millionaire who is projecting massive gains within five months.  With the presale token already in its third presale stage and boasting impressive price increases, the millionaire’s endorsement has...

Stablecoins are expanding beyond crypto trading and will soon impact broader financial systems, according to Eric Chen, CEO of Injective Labs, What Happened: In an interview with Benzinga, Chen emphasized stablecoins are set to transform industries by addressing inefficiencies in mainstream finance and enhancing transaction speed and accessibility across...

Market analysts are sending mixed signals on Bitcoin‘s (CRYPTO: BTC) price trajectory in the coming days, with some highlighting strong underlying fundamentals and others pointing to concerning technical indicators. What Happened: On Oct. 23, Bitcoin spot ETFs saw a total inflow of $192 million, with BlackRock‘s (NASDAQ:IBIT) ETF receiving...

Grammy-winning rapper Ermias Joseph Asghedom, better known by his stage name Nipsey Hussle, developed a conviction for cryptocurrencies much before they became a viable mainstream investment option. What happened: During a 2018 interview with Hard Knock TV’s Nick Huff Barili, the Los Angeles-born music artist famously described cryptocurrencies as...

As the 2024 BRICS Summit commences in Kazan, Russia, discussions surrounding cryptocurrency have taken center stage. Lawmakers from Brazil, Russia, India, China, and South Africa are exploring the potential for Russian miners to leverage Bitcoin in international trade, aiming to circumvent the stringent sanctions imposed by the United States....

According to institutional-grade research firm Bernstein analysts, Bitcoin (BTC) reaching $200,000 by the end of 2025 would be a “conservative” estimate. Bitcoin To $200,000 By 2025 End? Although BTC remains range-bound, just below its all-time high (ATH) of $73,737, analysts at Bernstein believe their current price prediction of $200,000...

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...

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,...

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...

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...