Dogecoin and Shiba Inu prices took a significant hit recently, dropping over 5% in just 24 hours. This unexpected crash happened despite the Federal Reserve cutting interest rates. So what gives? The Fed’s Hawkish Stance A big reason for the downturn was Fed Chair Jerome Powell’s speech. While the Fed did cut rates, Powell’s comments…
Crypto is booming, and while that’s great for investors, it also means tax time is coming. But don’t worry, you can use your crypto losses to offset your gains! Crypto Profits and Taxes: What You Need to Know Many popular meme coins like Crypto All-Stars ($STARS), Wall Street Pepe ($WEPE), and CatSlap ($SLAP) are doing…
A popular crypto analyst is predicting some serious price jumps for a couple of cryptocurrencies. Let’s dive into their predictions. Ethereum’s “God Candle” According to a social media analyst with over 200,000 followers, Ethereum (ETH) is poised for a massive price surge, what they’re calling a “god candle” breakout. They see a similarity between ETH’s…
Binance recently surveyed over 27,000 users worldwide to get a pulse on the crypto market. The results offer some interesting insights into current trends and future expectations. 2024: A Big Year for New Crypto Users A whopping 45% of respondents joined the crypto world in 2024 alone! This shows a massive influx of new investors,…
Bitcoin’s price took a tumble after Federal Reserve Chair Jerome Powell declared the central bank can’t legally hold Bitcoin. Powell Says No Bitcoin for the Fed Following a rate cut announcement, Powell addressed questions about the Fed potentially investing in Bitcoin. He stated plainly that current laws prevent the Fed from owning Bitcoin. The Federal…
Ethereum’s price has been looking strong lately, leading many to predict a big price jump soon. But not everyone agrees. A Longer Wait Than Expected? Market expert Ali Martinez thinks we might need more patience. He says Ethereum needs to build more momentum before it really takes off. He’s looking at long-term holder sentiment, and…
Dogecoin’s recent price rollercoaster has some investors looking for greener pastures. After a huge price jump, Dogecoin’s momentum seems to be slowing down, leaving some wondering where to put their money next. Dogecoin: Losing Steam? Dogecoin’s price soared from around $0.15 to almost $0.48 in a couple of months—a massive increase! However, it’s since pulled…
Metaplanet Inc., a Japanese company listed on the Tokyo Stock Exchange, is seriously upping its Bitcoin game. They just issued ¥4.5 billion (about $30 million) in zero-interest bonds to buy even more Bitcoin. This is their fourth bond offering for this purpose. Funding the Bitcoin Frenzy This latest bond sale, officially called “Metaplanet Inc. 4th…
XRP’s price has been on a tear lately! It recently jumped over $2.70, although it didn’t stay there long. But the overall trend is still looking pretty bullish. The $2.72 Breakout Crypto analyst Dark Defender, a known XRP bull, thinks this recent price action is a big deal. He correctly predicted XRP hitting $2.72 a…
A well-known crypto analyst, Pentoshi, is predicting a big jump for Ethereum (ETH). He thinks it will quickly reach a new all-time high. ETH’s Upcoming Surge Pentoshi, who boasts a huge following on X (formerly Twitter), believes ETH could climb over 23% from its current price. He sees Ethereum outperforming Bitcoin (BTC) in the near…
