Analyst Ali Martinez predicts a rollercoaster for Bitcoin. He thinks it could skyrocket to $138,000, only to plummet by 30% afterward. History Repeating Itself? Martinez bases his prediction on past Bitcoin bull runs. In 2017, Bitcoin soared 156% beyond its previous high before a 39% correction. Similarly, in 2020, it rallied 124% before a 32%…
Russia is temporarily shutting down crypto mining in several regions to keep the lights on this winter. The government’s worried about energy shortages, especially in Siberia. Why the Ban? Siberia’s got cheap electricity thanks to its hydropower plants, making it a popular spot for crypto miners. But with winter’s harsh conditions and increased energy demand…
Ethereum’s price recently jumped above $3,000, exciting the crypto world. Interestingly, investors aren’t cashing in—they’re holding onto their ETH. Let’s dive into why. Holding Steady: Why Aren’t Investors Selling? On-chain data shows a strong “hold” strategy among retail investors. This is surprising, given the recent price increase. Analysts believe this behavior is significant, especially considering…
Coinbase CEO Brian Armstrong has a bold idea: a US sovereign wealth fund that pays dividends to every American citizen. He believes this could help shrink the government while still allowing for necessary spending. Shrinking Government, Paying Dividends Armstrong argues that politicians often overpromise freebies to win votes, leading to bloated government budgets. He suggests…
Bitcoin’s price action is hinting at a big move, according to a crypto analyst. A Bullish Triangle Forms The price has been bouncing around between roughly $86,000 and $93,000, forming what’s called a “bullish symmetrical triangle” on the chart. This pattern often means a big price jump is coming. This was spotted by Stockmoney Lizards,…
A wild story is unfolding in Los Angeles involving a crypto trader, corrupt sheriff’s deputies, and a whole lot of cash. The “Godfather” and His Crypto Empire Adam Iza, founder of the crypto trading platform Zort and nicknamed “The Godfather,” is accused by the FBI of running a massive extortion racket. The FBI alleges Iza…
This article discusses the recent price surges of several cryptocurrencies and highlights one promising new player. PEPE’s Impressive Week PEPE had a fantastic week! Its price jumped 85% in just seven days, reaching a new all-time high. This surge followed Bitcoin hitting a new high and PEPE’s listing on Upbit, a major South Korean exchange,…
Taiwan’s government is getting serious about crypto taxes. They’re facing a challenge: lots of people aren’t paying taxes on their cryptocurrency profits. The Problem: Crypto Tax Evasion The Ministry of Finance admits they haven’t figured out how to effectively collect taxes on crypto gains. Lawmakers are questioning the current system, pointing out that crypto profits…
A big claim is swirling around former President Donald Trump: He might be secretly planning a massive Bitcoin purchase for the US government. The Leak Dennis Porter, head of the Satoshi Act Fund (a group pushing for Bitcoin adoption), says Trump’s team is considering an executive order to create a “Strategic Bitcoin Reserve” (SBR). This…
A popular crypto analyst, known as Inmortal, is predicting huge price increases for several cryptocurrencies. With a large following on X (formerly Twitter), Inmortal shared his bullish outlook. Ethereum’s Next Big Move? Inmortal believes Ethereum (ETH) is about to break out. He sees a recent period of price stability as a base for a significant…
