Congressman Matt Gaetz is proposing a new law that would let you pay your federal income taxes with Bitcoin. Why Bitcoin for Taxes? Gaetz believes that using Bitcoin for taxes would: Make the process easier and faster Give taxpayers more options Help the U.S. stay ahead in technology Inspiration from El Salvador Gaetz’s idea comes…
Large Investors Buy the Dip Bitcoin’s biggest investors have been quietly buying up the cryptocurrency while the market has been in a frenzy. According to IntoTheBlock, these “Large Holders” (owning at least 0.1% of the total supply) have been adding to their stashes. Whales See Opportunity in Crash Yesterday’s crash, which saw Bitcoin drop below…
Overwhelming Optimism A recent poll by Bitcoin advocate Michael Saylor revealed that the majority of respondents (48.9%) believe Bitcoin will experience an annual growth rate of over 40% for the next ten years. This reflects the strong belief within the crypto community in Bitcoin’s long-term value. Varied Expectations While the majority are bullish, there are…
Majority of Institutions Plan to Invest A recent survey by Nomura Holdings and Laser Digital Holdings reveals that Japanese institutional investors are embracing cryptocurrency. Key Findings: 54% of investors plan to invest in crypto within the next three years. 62% see crypto as high-return investment opportunities. 16% consider crypto as potential substitutes for traditional currencies….
Coinbase, a leading US cryptocurrency exchange, has announced the addition of Core (CORE) to its trading platform. About Core Core is a smart contract platform designed to complement Bitcoin. It features: Satoshi Plus consensus mechanism Non-custodial staking Wrapped Bitcoin compatibility Ethereum Virtual Machine (EVM) support Impressive Performance Core has seen significant gains this year, reaching…
Despite Monday’s correction, crypto analyst TechDev believes a key Bitcoin indicator is signaling a potential parabolic rally. Gaussian Channel TechDev observed that the two-week Gaussian channel, which identifies price trends, flipped green. This has only happened once before in Bitcoin’s history, preceding a significant rally. Chaikin Money Flow The Chaikin Money Flow (CMF) metric, which…
Former President Donald Trump has raised concerns that the United States is losing its global influence as countries increasingly move away from using the dollar. De-Dollarization Threatens US Power In a recent interview, Trump argued that tariffs give the US an advantage over other nations. However, he warned that the growing trend of de-dollarization, or…
A renowned Bitcoin trader believes the recent price drop is beneficial for the cryptocurrency’s long-term uptrend. Consolidation and Renewed Strength According to Dave the Wave, Bitcoin’s move below $60,000 has halted the possibility of a parabolic surge. He suggests that further consolidation will provide a solid foundation for a stronger surge later this year. “It’s…
Whale Sell-Offs Recent data suggests that Shiba Inu (SHIB) whales have been selling off their holdings in droves. The number of large transactions (over $100,000) has surged by 400% in the past day. Downward Trend This whale activity has contributed to a sharp decline in SHIB’s price, causing it to fall below the critical resistance…
Compromised Email System The Ethereum Foundation has confirmed that its official email system, managed by SendPulse, has been hacked. They include malicious links that could lead to data theft or malware installation. Foundation’s Response The Ethereum Foundation has locked down external access to the compromised account and is investigating the breach with SendPulse. The attackers…
