A hacker exploited a known vulnerability in the Dogecoin (DOGE) network, causing a significant portion of its nodes to crash. The Attack Blockchain explorer Blockchair reported a dramatic drop in the number of active Dogecoin nodes. The network went from 647 nodes down to a mere 205 – a 69% decrease. While some nodes have…
Roger Ver, a prominent figure in the Bitcoin Cash community, has made a startling claim: the US government tried to undermine Bitcoin as early as 2011. A 2011 Censorship Campaign? Ver, in a recent interview, alleged that a massive bot attack flooded Bitcointalk.org, a major Bitcoin forum, around the time Bitcoin first gained significant media…
Bitcoin’s Recent Surge Glassnode co-founders Jan Happel and Yann Allemann say that recent inflation data is the main reason Bitcoin (BTC) just broke the $100,000 mark. They predict further movement, depending on whether Bitcoin can hold above $102,000. If it does, the price could hit $104,000 and even $108,000. However, falling below $100,000 might send…
Bitcoin’s mining power, or hashrate, is almost back to its highest ever level! This is great news for the Bitcoin network. What is Hashrate? Hashrate measures the total computing power used by Bitcoin miners. A higher hashrate means more miners are participating, or existing miners are expanding their operations. It’s a good indicator of how…
Ukraine is getting ready to join the crypto world! Lawmakers are working on a bill to legalize cryptocurrencies, aiming for a launch in early 2025. No Tax Breaks for Crypto While the legalization is happening, don’t expect any special tax treatment for your digital assets. The plan is to tax crypto profits the same way…
A Spokane man, Michael Joseph McElhiney, is going to prison for running a crypto investment scam. He defrauded investors out of over $350,000. How the Scam Worked McElhiney created a fake crypto investment fund called MAC Blockchain Solutions. He posed as an experienced investor, promising huge returns on investments in various cryptocurrencies. He made it…
Vancouver City Council just took a big step into the world of cryptocurrency. They’ve approved a plan to look into using Bitcoin for city finances. Bitcoin for Taxes and Reserves? The plan, spearheaded by Mayor Ken Sim, aims to see if Bitcoin could be used to pay city taxes and fees, and even if a…
Coinbase, a major US cryptocurrency exchange, is predicted to surpass Charles Schwab as the world’s most valuable brokerage firm. This bold prediction comes from Bitwise Asset Management, a crypto investment firm. Coinbase’s Projected Rise Bitwise forecasts Coinbase’s stock price (COIN) to reach $700 per share by 2025. This is more than double its current price,…
Crypto analyst Benjamin Cowen is predicting that Bitcoin’s next price surge won’t be as dramatic as the last one. He shared his analysis with his over 800,000 YouTube followers. Diminishing Returns for Bitcoin? Cowen points out that Bitcoin’s return on investment (ROI) is already showing signs of slowing down. He compared the current cycle’s ROI…
A popular crypto analyst, known as Bluntz, is forecasting significant price increases for Chainlink (LINK) and the memecoin Pepe (PEPE). Bluntz boasts a large following on X (formerly Twitter). Chainlink’s Potential Surge Bluntz, using the Elliott Wave theory, believes Chainlink is poised for a substantial rally. He points to a completed ABC correction on the…
