Analyst firm says Bitcoin 2024 halving will send king crypto surging 47%
Bitcoin’s halvings, which reduce the production of new Bitcoins, have a significant impact on the cryptocurrency’s supply dynamics. Pantera’s recent newsletter highlighted how each halving has successively constricted the new supply percentage of outstanding Bitcoin. The first halving led to a 17% reduction, setting a trend. The 2016 halving saw a one-third reduction compared to […]
Whale Alert: Massive Bitcoin transfers raise concerns amid FBI warning
In the past 24 hours, two significant Bitcoin (BTC) transactions have caught the attention of the crypto community. This comes shortly after the FBI warned about the movement of funds associated with North Korean hacker organizations. The first transaction involved around 4,800 BTC (approximately $124.95 million), while the second transaction saw 2,910 BTC (close to […]
Top Redditor explains how Bitcoin will eventually reduce violence and lead to world peace?
Bitcoin proponents argue that the widespread adoption of Bitcoin as a global currency has the potential to reduce violence and contribute to world peace. The key idea behind this claim is that Bitcoin’s properties, such as decentralization, cryptographic security, and financial sovereignty, can help alleviate certain forms of violence and coercion. One aspect is the […]
This Dogecoin millionaire’s fortune plunges from $3 million to $50,000
Glauber Contessoto, known as the “SlumDOGE Millionaire,” invested $250,000 in Dogecoin (DOGE) after Elon Musk promoted it on Twitter in 2020. His investment grew to $3 million at one point, but he chose to hold onto the cryptocurrency instead of cashing out. Unfortunately, with DOGE’s value plummeting over 90% from its all-time high, his holdings […]
Is Dogecoin about to reach the Moon?
According to Altcoin Daily, a crypto analysis platform, there is a possibility that Elon Musk may integrate Dogecoin (DOGE) into X. If this integration were to happen, Altcoin Daily predicts that the price of DOGE could skyrocket to at least $1, and potentially even reach $5. Currently, DOGE is trading at around $0.0628. However, Altcoin […]
Will crypto get a boost with Biden’s SAVE plan student loan?
US President Joe Biden has introduced the SAVE (Saving on A Valuable Education) student loan plan, aiming to alleviate student debt and encourage saving. The plan offers more affordable options for reducing student debts, including cutting payments in half and potentially reducing balances to zero. Monthly payments under the new plan are based on income […]
Friend.tech: The Future of Tokenized Social Media or Fading Trend?
The social trading app, friend.tech, has garnered over 100,000 users within two weeks of its release, sparking a debate within the crypto community about its longevity. friend.tech creates tradable tokens that correspond to users’ profiles on the X social media platform. Owning someone’s token grants access to a private chat room with them. The project’s […]
Elon Musk says X is a ‘Dogecoin friendly place’
Elon Musk has expressed his bullish stance on Dogecoin, stating that X is a dog and a Dogecoin-friendly place. The Tesla CEO and prominent supporter of cryptocurrencies, including Dogecoin, reiterated his positive sentiments towards the popular meme-inspired digital currency. Musk’s statement reinforces his previous endorsements of Dogecoin and highlights his continued interest in the cryptocurrency. […]
Shibarium will be ‘relaunched again,’ here’s why
The Shiba Inu team is preparing to relaunch its Layer-2 network, Shibarium, with new enhancements and features after facing initial challenges. In a recent blog post, the developer known as Shytoshi Kusama stated that the network has undergone testing and parameter tweaking to reach a “ready” state. Kusama mentioned that Shibarium is now optimized and […]
Why Robert F Kennedy Jr will defend Bitcoin at any cost
Presidential candidate Robert F Kennedy Jr has expressed his support for Bitcoin, stating that the cryptocurrency guarantees civil liberties. Kennedy, who has a strong advocacy for civil liberties, believes that Bitcoin serves as both an exercise and a guarantee of these freedoms. Earlier this year, Kennedy promised to exempt Bitcoin from capital gains taxes if […]