Binance, the leading global crypto exchange, has announced its support for a new cross-chain crypto gaming project called Portal (PORTAL) through its Launchpool platform. Launchpool and PORTAL Launchpool is a platform that allows users to stake coins to farm new assets. Starting on Wednesday, Binance users will have seven days to stake BNB and the…
Market Overview Crypto analyst Michaël van de Poppe shares his trading strategy for the next 1-2 months with his 700,000 followers on social media. He believes Bitcoin (BTC) is at the end of its current run and may consolidate, potentially leading to a correction. Strategy Survive Potential Bitcoin Correction: Bitcoin is nearing the end of…
Bitcoin is currently stuck in a consolidation zone between $50,000 and $52,000, with no clear winner between the bulls and bears. Crypto analyst Alan Santana has used the Elliot Wave Theory to predict the cryptocurrency’s next move. Elliot Wave Points to Correction to $31,800 According to Santana’s analysis, the Elliot Wave theory suggests that Bitcoin…
Congressional Backlash Against Bitcoin Mining House Majority Whip Tom Emmer, known as the “Crypto King of Congress,” has accused the Biden administration of abusing its power to target Bitcoin miners. Emmer’s concerns stem from the approval of an emergency request by the Office of Management and Budget (OMB) for 82 Bitcoin mining firms to share…
Tom Lee, a leading expert at Fundstrat Global Advisors, recently shared his insights on Bitcoin’s future trajectory and when it might reach a significant milestone of $150,000. Key Factors Driving Bitcoin’s Potential Surge Lee’s prediction is based on several factors that are expected to positively impact Bitcoin’s price: Spot Bitcoin ETFs: The introduction of Spot…
Samson Mow, a crypto project founder, believes that the recent stability in Bitcoin’s price can be attributed to the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States. Spot ETFs’ Impact on Bitcoin’s Price Mow argues that without the capital influx from spot Bitcoin ETFs, the cryptocurrency would have experienced a significant price…
South Korea’s Gyeonggi Province has taken a bold step in the fight against crypto tax evasion with the implementation of a new digital tracking system. This innovative system streamlines the process of tracking crypto assets held by debtors in virtual asset exchanges, significantly reducing the time it takes to collect taxes. Unveiling the Digital Tracking…
Nigeria has intensified its scrutiny of major cryptocurrency exchanges, including Binance and Coinbase, to combat financial crimes associated with digital assets. The country’s telecommunications companies have been ordered to restrict access to these crypto firms’ websites following guidelines issued by the Central Bank of Nigeria (CBN). Binance and Coinbase Restrictions In December 2023, the Central…
Chamber of Digital Commerce Raises Concerns The Chamber of Digital Commerce, a US-based crypto advocacy group, has accused Senators Elizabeth Warren and Sherrod Brown of attempting to destroy the entire cryptocurrency industry. The group argues that the lawmakers are leading an unprecedented attack on digital assets, particularly through Warren’s Digital Asset Anti-Money Laundering Act. Proposed…
A prominent crypto analyst is bullish on a peer-to-peer storage altcoin project backed by billionaires. Filecoin (FIL) Altcoin Sherpa, with over 200,000 followers on social media, believes decentralized storage network Filecoin (FIL) could soar more than 125% from its current value in the coming months. He suggests that FIL could flip the 50% level in…
