Crypto analyst Rekt Capital, known for accurately predicting Bitcoin’s price correction last year, has a new forecast for the current bull market. Based on historical data, Rekt Capital suggests Bitcoin could reach its peak sometime in the second half of 2025. Timing the Top Rekt Capital analyzed past Bitcoin cycles, focusing on the time between…
Bitcoin’s price is causing a stir among crypto analysts, with some predicting a significant drop while others remain bullish. Bearish Prediction: A Potential Plunge Crypto trader Justin Bennett, who boasts over 115,000 followers on X (formerly Twitter), is predicting a Bitcoin price drop. He believes Bitcoin is facing strong resistance around $106,061 and anticipates a…
The much-anticipated Dogwifhat (WIF) ad on the Las Vegas Sphere isn’t happening…at least not yet. Despite the hype and a hefty fundraising effort by the meme coin’s community, the Sphere confirmed there’s no deal. This leaves investors and fans wondering what went wrong. No Deal, Despite the Buzz The Dogwifhat community was determined to get…
The meme coin world is a bit down in the dumps right now. Dogecoin and Shiba Inu, the usual big players, are seeing their prices drop. But guess what? While those veteran coins are taking a breather, a new kid on the block, $BEST, is making a splash. A New Meme Coin Makes Waves This…
The race to launch a Dogecoin ETF (exchange-traded fund) in the US is heating up! Big-name investment firm Grayscale has just thrown its hat into the ring. Grayscale’s Dogecoin Play Grayscale initially announced a new Dogecoin Trust, a way for investors to get exposure to DOGE. But just hours later, they filed paperwork with the…
Arkansas lawmakers recently shot down a bill that would have banned Bitcoin mining near military bases. The Senate committee voted 6-1 against the proposal, effectively killing it. Concerns About Crypto Mining Near Military Bases The proposed ban stemmed from worries about the potential impact of large-scale Bitcoin mining operations on military installations. These concerns included:…
The crypto world is facing a wild ride, thanks to a mix of political drama and high-stakes decisions. Let’s break down what’s happening and what it means for the future of crypto. Republican Power Play and Crypto’s Uncertain Future Republicans now control Congress, giving them the power to push through legislation, including crypto regulations. However,…
Senators Elizabeth Warren and Jack Reed are calling out seven major US banks for allegedly raking in massive profits while paying savers next to nothing in interest. The senators accuse Bank of America, Citibank, JPMorgan Chase, US Bank, PNC Bank, Truist, and Wells Fargo of prioritizing their own bottom line over their customers. Record Profits,…
The New York Stock Exchange (NYSE) is making a move to bring XRP into the mainstream investment world. NYSE Arca, a NYSE subsidiary, has filed with the Securities and Exchange Commission (SEC) to convert Grayscale’s XRP Trust into a spot exchange-traded fund (ETF). What’s the Deal with an XRP ETF? Grayscale, a big name in…
Kraken, a major US cryptocurrency exchange, just announced some seriously impressive numbers for 2024. Their revenue and trading volume absolutely exploded compared to the previous year. Record-Breaking Numbers The exchange reported a massive 128% year-over-year revenue increase, hitting a total of $1.5 billion. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) also soared to…
