Independent presidential candidate Robert F. Kennedy Jr. has proposed a major shift in U.S. cryptocurrency policy. If elected, he plans to push for a $615 billion Bitcoin investment to match the value of gold reserves and eliminate capital gains tax to support the crypto industry. Additionally, former President Donald Trump may endorse Bitcoin as a…
Elon Musk has been publicly disowned by his transgender daughter, Vivian Jenna Wilson. The 20-year-old used the social media platform Threads to challenge her father’s recent controversial comments. She posted a screenshot of an old tweet from Musk where he claimed she was “born gay and slightly autistic,” a statement she strongly denied, calling it…
Bitcoin has climbed by 4.34% in the last 24 hours and is currently trading at $66,947.64. Compared to a week ago, Bitcoin is up by 4.24%. Ethereum, the second most popular cryptocurrency, has increased by 2.42% since yesterday, bringing its price to $3,252.93. However, it has dropped by 5.15% over the past week. In terms…
Bitcoin dropped briefly on Sunday after U.S. President Joe Biden announced he wouldn’t run for a second term, leading to the liquidation of $159 million in futures contracts, as reported by Coinglass. However, the decline was short-lived. By early Monday morning, Bitcoin had recovered and even surpassed its previous level, reaching as high as $68,480.36….
After President Joe Biden announced he is stepping down from the 2024 race, Vice President Kamala Harris thanked him on X and expressed her goal to win the nomination. As the first female, Black, and South Asian Vice President, she could make more history. Let’s explore her career and possible running mates. Kamala Harris: A…
Indian crypto exchange WazirX has announced that it lost virtual assets valued at over $230 million due to a cyber attack, which is now linked to North Korea. Late Thursday update from WazirX, the attack specifically targeted one of WazirX’s multi-signature wallets, known as digi-cash lockers. These wallets are designed for enhanced security by requiring…
Recent Bitcoin transactions by Mt. Gox suggest that repayments to creditors are about to start. This has led to market speculation and could impact Bitcoin’s price. Mt. Gox, a defunct cryptocurrency exchange, recently made significant transactions. According to on-chain data from Arkham Intelligence, Mt. Gox conducted two major Bitcoin transfers. The transactions included an initial…
Bitcoin surged above $60,000 following speculation that Donald Trump’s chances of winning the presidential election have increased after his defiant response to an assassination attempt. The former president, who has supported crypto, was shot in the right ear during a political rally in Pennsylvania on Saturday. His campaign reported that he is “fine” and looking…
Former US President Donald Trump fell victim to a shooting attack during his campaign in Pennsylvania. Several public figures, including Elon Musk and President Joe Biden, reacted strongly to the incident. Following the attack, Trump-related meme coins, like TREMP, saw a significant spike in their value. Reports indicate that Secret Service agents quickly evacuated Trump…
Shiba Inu’s price is still struggling after a 47% drop in June that pushed it to a four-month low. However, the market is improving, and SHIB’s growing correlation with Bitcoin is helping. SHIB holders are not selling much, which shows their continued support. With these positive factors, SHIB’s price could increase soon, especially as it…
Analyst Captain Faibik predicts that Bitcoin could surge to $70K with a potential bullish breakout. The Bitcoin DBW pattern suggests a possible bullish breakout on the 4-hour BTC/USDT chart. This comes as the German government has sold 50,179 Bitcoins, worth $3.3 billion, which has impacted the BTC price. Bitcoin has been stuck in a consolidation…
With just 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC. On July 12, the government resumed selling its Bitcoin holdings, following the return of some previously transferred BTC to its wallet. According to Arkham blockchain data, the government carried out several transactions, moving a total of 3,200 Bitcoin, worth…
Germany’s Bitcoin holdings briefly dropped below 5,000 BTC after transferring a large amount to Coinbase, Bitstamp, and Kraken. However, some Bitcoin has since been moved back. As of July 11, the German government’s Bitcoin wallet holds 9,094 BTC, just 18% of its original amount, following a series of transfers with crypto exchanges. Germany’s Bitcoin Holdings…
July has been a busy month for the crypto world, with several significant developments and announcements. Major events include important conferences for Ethereum and Polkadot, as well as landmark occasions for various altcoins. “The cryptocurrency landscape is evolving rapidly, making it crucial for investors to stay updated on these key changes,” noted a leading industry…
Ripple CEO Brad Garlinghouse is scheduled to participate in a roundtable meeting hosted by U.S. Representative Ro Khanna. This engagement is viewed by the crypto community as “too little, too late.” The meeting will bring together crypto industry leaders and executives, likely to discuss digital asset policies in the United States. This roundtable takes place…
Despite the massive selling by the German government, Bitcoin’s price has remained firm at $58,700. Germany’s Bitcoin holdings value has now dropped to just above $1 billion. The German government’s Bitcoin selling spree has continued into July 10, with nearly 5,853 Bitcoins moving out of its wallets in the last hour, according to Arkham Intelligence….
Bitcoin price surges towards $60K following Fed Chairman Powell’s remarks on inflation. During his testimony before the Senate Banking Committee, Powell emphasized the need for a balanced approach to monetary policy. As a result, Bitcoin has risen to around $59,140, up from an earlier low of $57,014. Bitcoin is getting close to $60,000 as it…
Last week, Bitcoin (BTC) closed on a bearish note after falling below the key support level of $56,500 to $61,466. Despite forming a possible bullish pattern, rising panic has increased market fear. On Monday morning, Bitcoin was trading around $55,422, and the fear and greed index dropped to 28, indicating growing fear. For the first…
Bitcoin’s recent rebound was halted by the ongoing selloff from the German government. On Sunday, the German government transferred 700 BTC to an unidentified address. Despite this, Bitcoin has managed to reclaim significant support at $56,500. Bitcoin’s potential rebound was halted early Thursday when on-chain trackers detected another large BTC transfer by the German government….
Recently, the prediction market Polymarket has seen significant activity. The platform reported over $100 million in trading volume for June, with $8.2 million of that coming on the day when 2024 presidential candidates Donald Trump and Joe Biden debated. Polymarket has gained attention recently, with betting volume starting to increase in January. In December 2023,…