Shiba Inu (SHIB) has been taking a beating lately, with investors getting spooked by the recent market downturn. But, according to some experts, this could be a good thing for SHIB in the long run. The Bearish Sentiment Everyone’s selling SHIB right now, and it’s causing the price to drop. This is happening because the…
Microsoft is facing a shareholder proposal to assess investing in Bitcoin. This has sparked debate about whether the tech giant will add Bitcoin to its treasury. Microsoft’s Stance: A “No” on Bitcoin Microsoft’s board of directors has recommended voting against the proposal. They argue that it’s unnecessary because they already consider cryptocurrencies as part of…
Bitcoin’s price is constantly fluctuating, and experts are trying to understand what’s driving these changes. Recent data suggests that Bitcoin is going through two distinct phases: accumulation and distribution. Understanding the Phases Accumulation is when big investors, known as “whales,” are buying up Bitcoin. This usually happens when they believe the price will go up…
A crypto expert thinks Bitcoin could jump by a whopping 164% this year, reaching prices between $127,000 and $180,000. He even thinks a win for Donald Trump in the upcoming US election could send Bitcoin even higher. Solana Steals the Show But the analyst believes Solana (SOL) might be the real star of the show….
The FDIC is warning customers of a recently closed Oklahoma bank that they could lose millions of dollars in uninsured deposits. Uninsured Deposits Could Be Lost The FDIC says over $7.1 million in deposits at First National Bank of Lindsay were uninsured, meaning they exceeded the FDIC’s $250,000 insurance limit. For now, customers can access…
A hacker has stolen $20 million worth of cryptocurrency from a wallet linked to the US government, according to blockchain analytics firm Arkham. The Heist The stolen crypto includes USDT, USDC, aUSDC, and ETH. The hacker is now selling these assets for ETH and moving them through a suspicious address associated with a money laundering…
A popular crypto analyst, known as Bluntz, is predicting big things for Popcat, a memecoin built on the Solana blockchain. Popcat’s Strength Amidst Market Correction Bluntz, who has over 286,000 followers on X (formerly Twitter), believes Popcat is poised for a major surge. He points to its resilience during a recent market downturn as a…
A financial expert is predicting a big jump for Bitcoin if Donald Trump wins the upcoming US presidential election. Geoff Kendrick, a top analyst at Standard Chartered Bank, believes Bitcoin could skyrocket to $125,000 by the end of the year if Trump takes the White House. Trump’s Win: A Bullish Signal for Bitcoin? Kendrick’s analysis…
Microsoft is about to have a big meeting with its investors on December 10th, and Bitcoin is going to be a hot topic. Bitcoin is currently trading at around $68,000, which is a good sign for those who think it’s a good way to protect against inflation. Microsoft’s Stance on Bitcoin Microsoft has officially proposed…
Denmark is thinking about a new tax rule that could make crypto investors pay taxes on their profits, even if they haven’t sold their coins. This would be a big change for crypto investors, as it would make their investments more similar to traditional investments like stocks or real estate. What’s the Plan? The Danish…
