Detroit is making waves in the world of cryptocurrency! The city has announced it will become the largest in the US to accept Bitcoin and other digital currencies for tax payments. A New Era of Payments Starting in mid-2025, Detroit residents will be able to pay their taxes using a platform powered by PayPal. This…
Bitcoin has been on a tear lately, hitting a new all-time high and making a lot of people very happy. Almost Everyone is in the Green Data from Alphractal shows that a whopping 99.9% of Bitcoin addresses are currently in profit. This means that almost everyone who owns Bitcoin is making money. This is a…
The crypto industry just flexed its political muscle, spending a whopping $135 million to support over 50 candidates in the recent elections. And guess what? It seems like that money paid off! Crypto’s Winning Streak Almost all the candidates backed by major crypto PACs (political action committees) won their races. This is a big deal…
Bitcoin is hot, and it’s not just the federal government that’s interested. Following President Trump’s election, the idea of a “Strategic Bitcoin Reserve” has gained major traction. This means the US government would hold a significant amount of Bitcoin, aiming to put the country at the forefront of crypto adoption. Trump’s Vision: President Trump has…
Ethereum, the second-largest cryptocurrency, has been on a tear recently, with its price rising significantly in the past few days. Could this be the start of a major bull run? Funding Rates Signal a Potential Surge Crypto analyst Burak Kesmeci believes that Ethereum’s recent price rally is a strong indicator of a potential surge. He…
JPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10 years. Elaine Silverberg’s late husband, Melvyn, worked as a systems analyst at Chase Manhattan Bank from 1969 to 1979. He died in 1988, leaving Elaine in a dispute with the bank. Bank Refuses $53,000 Pension…
Coinbase, the big US crypto exchange, is now letting people buy and sell a brand new token called SWELL. This token is for a project called Swell, which aims to make Ethereum (ETH) more secure and decentralized. What is SWELL? SWELL is the governance token for the Swell Decentralized Autonomous Organization (DAO). This means that…
Tether, the company behind the popular USDT stablecoin, is making waves in the world of commodities trading. They just announced they’ve funded a $45 million deal for physical crude oil in the Middle East. Tether’s First Middle Eastern Oil Deal This is the first time Tether has gotten involved in oil trading in the region….
The crypto world is buzzing with activity, and two projects are leading the pack: Internet Computer (ICP) and Chainlink (LINK). According to Santiment, a company that tracks crypto data, these two projects have been incredibly busy with development in the last month. Coding Frenzy Internet Computer, a network designed for building decentralized apps, had a…
Binance CEO Cashes In Big Changpeng Zhao, the former CEO of Binance, the world’s largest cryptocurrency exchange, saw his wealth skyrocket by a whopping $12.1 billion in a single day. Analysts believe this massive increase is directly linked to Donald Trump’s victory in the recent US election. Trump’s Win Fuels Crypto Optimism Crypto investors are…
