Wyoming is cementing its reputation as a crypto-friendly state with the passage of the Decentralized Unincorporated Nonprofit Association Act. DAO Legal Framework This legislation establishes a legal framework for Decentralized Autonomous Organizations (DAOs), addressing the challenges of fitting them into existing financial regulations. DAO Structure and Governance DAOs are decentralized organizations governed by community members…
Rising Excitement Shiba Inu (SHIB), the meme coin inspired by the Shiba Inu dog breed, has been making waves in the crypto market. After a brief dip, it’s now on a bullish run, with traders predicting it could surpass Dogecoin (DOGE). Strong Rebound According to Santiment, a crypto intelligence platform, SHIB is poised for a…
The Shiba Inu team has been on a burning spree, and they’re about to drop their biggest burn yet. Burn Details According to Shiba Inu’s market lead, LUCIE, the team has collected 40 ETH (worth around $157,000) to burn SHIB tokens. This would translate to approximately 4.6 billion SHIB tokens being sent to the burn…
Eligibility and Program Details Fresno County in California is rolling out a new program that will provide $900,000 in guaranteed income to residents in two communities facing high poverty rates. Participants in Huron and the 93706 zip code will receive $500 per month for one year. To qualify, individuals must earn $35,000 or less in…
Bitcoin (BTC) has reached another all-time high, briefly touching $70,000 on Coinbase. However, it has since settled at $68,357, still up 1.6% in the past 24 hours. BlackRock and Fidelity’s Massive BTC Purchases The surge comes amid reports that BlackRock and Fidelity have purchased at least $12.3 billion worth of BTC each on behalf of…
Avalanche (AVAX) Analyst Kaleo predicts a potential 129% surge for AVAX, currently trading at $43.52. The prediction is based on a breakout from a descending trendline. Polygon (MATIC) Kaleo anticipates a rally for MATIC, currently at $1.16. The chart suggests a bullish trend reversal after breaking above a descending trendline. Injective (INJ) The analyst sees…
Guy Turner, host of the popular Coin Bureau YouTube channel, predicts that Bitcoin (BTC) could reach nearly $200,000 during this market cycle. Catalysts for Growth Turner believes two key factors will drive BTC’s price spike: Halving Event: This event, expected around April 20th, will reduce miners’ rewards by half, potentially triggering a parabolic rally. Monetary…
Microstrategy’s Bitcoin Hoard As of March 6, 2024, Microstrategy, led by Michael Saylor, held 193,000 Bitcoin, surpassing all spot ETFs and other major holders. BlackRock’s iShares Bitcoin ETF BlackRock’s iShares Bitcoin ETF (IBIT) is hot on Microstrategy’s heels, holding around 191,131 BTC as of March 7, 2024. However, Microstrategy still holds a slight edge. Grayscale…
Ethereum (ETH), the second most popular cryptocurrency, has reached a significant milestone by breaking the $4,000 mark. This is the highest price ETH has seen in two years and brings it closer to its all-time high of $4,878. Technical Analysis Shows Promise Experts believe that Ethereum is poised to keep rising. The cryptocurrency has successfully…
Subtle Jab or Real Criticism? Cardano founder Charles Hoskinson recently commented on a comparison between Solana (SOL) and Cardano (ADA), sparking speculation about his opinion on Solana’s network value. Hoskinson responded to a tweet by saying, “Number goes up != good ecosystem or real network value.” This statement has raised eyebrows, as it suggests that…
