Ethereum transaction fees have dropped significantly, reaching their lowest point since August. What does this mean for the price of ETH? Lower Fees, Lower Network Activity? Data shows that the average cost of an Ethereum transaction is way down. This average fee reflects the typical amount users pay in USD to send transactions on the…
A well-known crypto analyst, Altcoin Sherpa, shared their top picks for the crypto market, focusing on short-term potential. Their analysis, shared with over 240,000 followers on X (formerly Twitter), highlights some promising altcoins and offers a cautious outlook on Ethereum. Hyperliquid (HYPE) Takes the Spotlight Sherpa ranks Hyperliquid (HYPE), a utility token within a decentralized…
Crypto market maker Wintermute is opening its first US office in New York City. This move comes amid optimism surrounding potential regulatory changes under a potentially more crypto-friendly administration. A New York Foothold The company, which already has a presence in London and Singapore, is expanding into the US market, focusing on offering over-the-counter (OTC)…
Germany’s central bank chief, Joachim Nagel, is pushing for a digital euro. He believes a central bank digital currency (CBDC) is key to Europe’s future economic strength and independence. Protecting Europe’s Financial Sovereignty Nagel, president of the Deutsche Bundesbank, sees a CBDC as a way to protect the Eurozone from threats posed by the growing…
A popular crypto analyst, Jason Pizzino, is predicting a significant stock market rally that will send Bitcoin and other cryptocurrencies soaring. He shared his forecast with his over 340,000 YouTube followers. Signs of an Impending Rally Pizzino points to several key indicators suggesting an upcoming market surge: Strong Stock Market Performance: He highlights the near…
Bitcoin’s buying pressure has been dropping for the past two months, leading some to believe it’s entering a downward trend. But is this all bad news? Not necessarily. A Dip in the Market Analysts are noticing a significant decrease in Bitcoin buying activity. This weakening pressure is creating space for selling, pushing Bitcoin into what…
Bitcoin’s price has been acting strangely lately, and one analyst thinks we might be in for a surprise. Let’s dive into what they’re saying. A 9-Month Pattern? A crypto analyst, Cyclop, has been looking at Bitcoin’s history. They’ve noticed something interesting: past bull runs (2011, 2013, 2017, and 2021) all lasted about nine months. And…
Nigeria is cracking down on crypto taxes, aiming to boost government revenue. Let’s break down what’s happening. Taxing Crypto Profits The Nigerian government slapped a 10% tax on cryptocurrency profits in May 2023 as part of its 2023 Finance Act. The goal? To bring more money into the government’s coffers by tapping into the growing…
Dogecoin’s price is looking shaky. It’s been bouncing around the same price range, and experts are worried it might fall. Is a Crash Coming? Crypto analyst UB isn’t optimistic. They see Dogecoin struggling to break above $0.285. They think the coin is stuck in a range between $0.239 and $0.285, and a drop below $0.239…
Dogecoin has caught the eye of a crypto analyst, XForceGlobal, who believes it’s poised for a massive price surge. Their analysis suggests DOGE is the only meme coin with the potential for a 5-10x return. This prediction is based on Elliott Wave theory. Elliott Wave Theory and Dogecoin’s Upward Trend The analyst’s Elliott Wave analysis…
