South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company identified Bhutan’s Bitcoin addresses, marking…
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The Urgent Need for Bitcoin Tax Reform to Encourage Everyday Use
The debt based monetary system has become quite extreme. On one hand, the US crossed the $35 trillion national debt milestone, placing a $104k burden on every US citizen. On the other hand, the Congressional Budget Office (CBO) puts federal…
Bitcoin Diverges from Gold Amidst Rising Economic Uncertainties
Bitcoin’s correlation with gold has turned negative, indicating a divergence in investor preference towards more traditional safe-haven assets. As bitcoin’s valuation metrics turn bearish, there is potential for further correction, aligning its movement with broader financial market trends. As a…
Whales Buying the Market Dip, Toncoin, Cardano, and Angry Pepe Fork Top the List
August wasn’t friendly to the crypto market but whale activity signals potential upside. Toncoin (TON), Cardano (ADA), and Angry Pepe Fork seem particularly popular with these big players. Toncoin Shrugs off US Jobs Report Following the latest US Bureau of…
Former Commerce Secretary Warns US Headed for Recession
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong GDP and low unemployment, Ross argues that the economy was…
FBI Seizes Websites Linked to Crypto Recovery Fraud
The Federal Bureau of Investigation’s San Diego office has seized websites linked to three fraudulent cryptocurrency recovery services. The scam preys on victims of crypto fraud by promising recovery of lost funds, often charging significant fees without delivering results. The…
Ethereum Price Nosedives Over 5%, Pressure Mounts on Bulls
Ethereum price is down over 5% and trading below $2,350l. ETH is signaling an increase in selling pressure and might drop to $2,120. Ethereum started another decline after it failed to clear $2,450. The price is trading below $2,320 and…
Bitcoin Price Flashes Downside Break: Will Bears Take Over?
Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the…
Top 4 Cryptos to Buy Before October to Capitalize on the Next Bull Run
As the cryptocurrency market braces for its next bull run, savvy investors are looking to make strategic moves before October to maximize their gains. While Bitcoin (BTC) continues to lead the market as a reliable store of value and a…
FXGuys Anticipated to Break Records with Ethereum Token Presale: What’s Driving the Buzz?
FXGuys ($FXG) is set to take over the market with its high-flying Ethereum token presale, generating massive interest in both the forex and crypto communities. Offering a unique decentralized trading platform, FXGuys has captured investor attention with its potential for…