Cryptocurrencies are facing a tough time with a significant drop in prices. Ethereum and Solana have been brutal hits. Let’s examine the current state of these two leading cryptos in the wake of Bitcoin’s downturn. Ethereum Market Analysis After Bitcoin…
Short-term Bitcoin holders control 16.8% of the supply
Bitcoin, continues to captivate the attention of investors and analysts alike. Understanding the dynamics of Bitcoin’s short-term holders is crucial for gauging market trends and predicting future movements. This article delves into the current status of Bitcoin’s short-term holders, their…
Bitcoin Tumbles to $67,000: 2 Things that Could Spur a Rebound to $80k
Investors and traders have been left in a state of shock after Bitcoin’s recent decline to $67,000. The fall was triggered by the release of employment data from the U.S. Labor Department last week. With Bitcoin slipping below $70,000, the…
Ricardo Salinas Mexican Billionaire Advocates For Bitcoin as Inflation Hedge
Key Highlights: Ricardo Salinas, Mexico’s third richest man, has publicly supported Bitcoin as a reserve asset. Using social media platforms, he endorsed Bitcoin as a shield against inflation. Salinas highlighted inflation as a hidden tax on fiat money, urging his…
Is Bitcoin the New Manhattan? Michael Saylor Explains Why Bitcoin Investment Is the Future
In a recent interview, Michael Saylor, the executive chairman of MicroStrategy, made a case for Bitcoin investment by likening it to Manhattan real estate. So, he said, “The apex property of the human race is Bitcoin. Bitcoin is Manhattan in…
Raoul Pal’s Bitcoin Prediction: Could Liquidity Push Bitcoin to $400K by 2025?
Raoul Pal, the founder and CEO of Real Vision, in his recent interview made a bold prediction for Bitcoin. Raoul Pal’s Bitcoin prediction stated, “The cycle gives you a peak of $400,000 in Bitcoin.” He suggests this peak could occur…
Oklahoma Senate Approves Tax Exemption for the Bitcoin Miners
Key Highlights: Oklahoma Senate Passes House Bill 1600 The Oklahoma Senate has approved House Bill 1600, offering tax exemptions to Bitcoin and crypto mining. The bill passed the Senate on May 30 with a vote of 29 to 15 and…
“Bitcoin is Digital Gold, Ethereum is the App Store of Finance” – Vance Spencer on the Future of Crypto ETFs
In a recent interview with Bloomberg Technology Framework Ventures, Co-Founder Vance Spencer discussed why he thinks Bitcoin is digital gold and the role Ethereum will play in the future of crypto ETFs. Bitcoin vs. Ethereum Image from MTrading Spencer discussed…
Donald Trump Vows to Shield Bitcoin: Will He Protect Self-Custody and End Biden’s Crypto Crackdown?
During a recent speech at the Libertarian Party National Convention, former President Donald Trump made a bold promise to protect Bitcoin and the crypto industry if he is re-elected. He vowed, “If you vote for me on day one. I…
Ethereum Spot ETF: ETH Price Reaction as $10,000 Predictions Seems to be Feasible
The Ethereum Spot ETF is tied to the price of the crypto token, and it allows traders to buy and sell Ethereum tokens without needing to own or create a crypto wallet. After the green light was given by the…