The cryptocurrency market is known for its vibrant volatility, and the upcoming White House crypto summit is injecting a dose of unpredictability into Bitcoin’s (BTC) trading patterns. As BTC attempts to breach the coveted $90,000 threshold, seasoned traders and investors are left speculating on what the outcome of this significant event might mean. The fluctuating
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Former FTX CEO Sam Bankman-Fried’s recent interview with Tucker Carlson sheds light on a world filled with contradictions that are anything but surprising. Bankman-Fried, who navigated the crypto landscape with what many would describe as unbridled ambition, still claims innocence, stating that he does not view himself as a criminal despite the extensive legal scrutiny
On March 6, under the administration of former President Donald Trump, an executive order was signed that initiated a Strategic Bitcoin Reserve and a Digital Asset Stockpile. This order proposed that the federal government retain forfeited cryptocurrencies as part of a long-term value strategy, with the Treasury Department at the helm of managing these reserves.
The dawn of a new era characterized by digital currencies and decentralized finance is upon us, an evolution that threatens to redefine the very foundation of our global economy. Few individuals understand this seismic shift better than Michael Saylor, the founder of Strategy (formerly MicroStrategy). With nearly 2.4% of the total Bitcoin supply sitting in
The cryptocurrency landscape has often been riddled with exciting innovations, but the recent Bybit hack, resulting in a staggering loss of $1.5 billion in Ethereum, serves as an alarming reminder of the vulnerabilities intertwined with technological progress. Safe, the custodial firm responsible for the wallet in question, released a preliminary report that traced the breach
In a remarkable pivot, Japan’s ruling Liberal Democratic Party (LDP) is set to transform its unpopular stance on cryptocurrencies, advocating for a drastic reduction in crypto tax rates. This initiative, announced by Akihisa Shiozaki, a notable member of Japan’s House of Representatives, signifies more than just a fiscal change; it represents a broader shift in
Market sentiment is a fickle beast, particularly in the volatile world of cryptocurrency. Remember the collective gasp when Bitcoin’s price plummeted below $80,000? It evoked memories of previous downturns, yet a deeper analysis suggests that this might have been the precise moment many were waiting for—a bottom, or at least a springboard to recovery. Bitcoin,
When Donald Trump unexpectedly named Cardano (ADA) among the assets proposed for the U.S. crypto strategic reserve, it shook the cryptocurrency landscape. The announcement was immediately celebrated by supporters, sending the value of ADA soaring nearly 75%. However, such a rapid spike raises questions about the sustainability of its future price trajectory. Was this a
At a time when the cryptocurrency landscape is shrouded in both awe and skepticism, one figure stands out amid the chaos and confusion—Samuel Edyme, or as he prefers to be known, HIM-buktu. This self-titled web3 content writer and aspiring trader isn’t just another voice in the increasingly noisy arena of crypto journalism. Rather, he represents
Bitcoin, the flagship of cryptocurrencies, is currently undergoing tumultuous shifts, reflecting the broader uncertainties that plague financial markets today. With its price languishing significantly below the celebrated $100,000 threshold, speculators and long-term investors alike are gripped by a profound sense of unease. Bitcoin has recently grappled with a bearish deviation, influenced by a fresh Chicago
