A popular Bitcoin analyst who correctly predicted the recent dip in Bitcoin’s price is sharing his worst-case scenario for the cryptocurrency. Bitcoin Could Drop Below $60,000 The analyst, known as Rekt Capital, believes that if Bitcoin falls below $60,000, it could trigger another major sell-off. He says this could lead to a lot of panic…
The United Arab Emirates (UAE) is making a big push to become a global hub for cryptocurrencies. Starting November 15, 2024, all transactions involving buying, selling, or converting cryptocurrencies will be completely exempt from Value Added Tax (VAT). A New Era for Crypto in the UAE This change is a huge deal for both individual…
Ethereum, the popular blockchain platform, could soon see a significant speed boost thanks to a new proposal called EIP-7781. This proposal aims to reduce the time between blocks, known as the “slot time,” from 12 seconds to 9 seconds. Faster Transactions, Less Stress This change could lead to a 33% increase in transaction throughput, meaning…
The SEC, the agency that regulates Wall Street, is getting ready to take a closer look at Robinhood’s crypto business. And guess what? Robinhood’s top lawyer, Dan Gallagher, is a leading contender to become the next SEC chair if Donald Trump wins the election. A Potential Shift in Crypto Regulation This could mean big changes…
EigenLayer’s Success Sparks Interest in GoodEgg EigenLayer (EIGEN) has been making waves in the crypto world with its innovative restaking protocol. It’s attracted a lot of attention, with its Total Value Locked (TVL) reaching a whopping $900 million. This success has caught the eye of investors who are now looking for similar opportunities. Enter GoodEgg…
The BRICS group of countries, which includes Brazil, Russia, India, China, and South Africa, is looking to shake things up in the global economy. They’re considering using the Chinese yuan instead of the US dollar for oil payments. A Yuan-Based Oil Market? This “petroyuan” idea is part of a bigger push by BRICS to reduce…
A popular crypto analyst thinks a memecoin called Popcat (POPCAT) is about to explode. Popcat has already seen a massive 300x increase in price over the past nine months, and the analyst thinks it could jump another 60% from its current price. Popcat on the Rise Popcat is currently trading at $1.23, up over 7%…
A popular crypto analyst, known as Credible Crypto, thinks Bitcoin could see a sudden jump to $68,000. But he warns that this rally would be short-lived, and Bitcoin would soon resume its downward trend. A Temporary Bounce? Credible Crypto believes that both Bitcoin and other cryptocurrencies are due for a temporary bounce. He sees a…
A Bitcoin whale, who had been sleeping for over a decade, has finally woken up and made a huge profit. Sleeping Beauty Awakens The whale, who had been holding 100 Bitcoin since 2014, decided to move their coins recently. This small stash, worth less than $100,000 back then, is now worth over $6 million! That’s…
Chainlink, a cryptocurrency known for its decentralized data transfer capabilities, is making waves in the crypto world. Experts like Michael Van De Poppe are calling it a “lifetime opportunity.” Chainlink’s Momentum Chainlink has been on the rise lately, along with other popular altcoins. This surge is driven by strategic developments, growing institutional interest, and positive…
