Shiba Inu (SHIB) was a hot topic in 2021, but its hype has cooled down. While it was initially seen as a fun alternative to Dogecoin, SHIB’s growth is now facing challenges. Why Shiba Inu Might Be Stalling Too Many Competitors: New crypto projects are popping up all the time, drawing attention and investment away…
The BRICS nations (Brazil, Russia, India, China, and South Africa) are looking to ditch the Western financial system and embrace digital currencies. Putin’s Crypto Push During a recent business forum in Moscow, Russian President Vladimir Putin urged BRICS members to adopt cryptocurrencies and other digital money. He believes that this move would reduce their reliance…
Bitcoin is booming! The number of people who are millionaires thanks to Bitcoin has skyrocketed. In fact, almost half of all crypto millionaires made their fortune through Bitcoin. More Millionaires Than Ever The number of people holding at least $1 million in crypto has exploded in the past year, with a whopping 95% increase. This…
Bitcoin is back in the driver’s seat! It’s been on a tear lately, almost reaching its all-time high. In fact, Bitcoin now controls a whopping 65% of the entire crypto market, its biggest share in three years. This means altcoins, like Ethereum, are taking a backseat. What’s driving Bitcoin’s dominance? A lot of it is…
The US banking system has suffered another blow, with regulators shutting down a bank in Oklahoma. This marks the second bank failure of 2024, following the collapse of Philadelphia-based Republic Bank earlier this year. What Went Wrong? The First National Bank of Lindsay was closed by the Office of the Comptroller of the Currency (OCC)…
Memecoins on the Rise, But Experts Warn of Potential Dip Dogecoin (DOGE) and Shiba Inu (SHIB) are seeing a surge in popularity, with more people talking about them than in the last five months. This excitement is fueled by fear of missing out (FOMO), as traders jump on the bandwagon hoping to cash in on…
Analyst Warns of Potential Bitcoin Correction A well-known crypto analyst is urging investors to be cautious about Bitcoin’s recent surge, even though it’s pushing past $68,000. Justin Bennett, a popular crypto strategist, says Bitcoin is showing mixed signals, despite the potential for new all-time highs. Futures-Driven Rally Bennett points out that the current rally is…
A seasoned crypto trader, known as The Flow Horse, is warning against calling the top of the current bull market. He believes that the market is still in a strong upward trend, with Bitcoin, Gold futures, and the Nasdaq all showing bullish signals. Don’t Call the Top The Flow Horse advises traders to avoid trying…
Bitcoin has been steadily climbing, and experts are predicting a breakout. Bitcoin’s Breakout: A Bullish Outlook Bitcoin is currently trading above $68,000, and everyone’s waiting to see if it can break through the $69,000 mark. This would confirm a breakout from a long period of accumulation, which has built up a lot of momentum. A…
The US Securities and Exchange Commission (SEC) has given the green light for options trading on several Bitcoin ETFs, which is a big deal for the market. This means exchanges like the NYSE and CBOE can now offer options for ETFs like Grayscale Bitcoin Trust (GBTC), Fidelity Wise Origin Bitcoin Fund (FBTC), and more. What…
