Tag: Bitcoin
Biden’s Proposed 30% Tax Threatens U.S. Bitcoin Mining
The recent proposal by the Biden administration to impose a 30% tax on cryptocurrency miners has sparked concerns and backlash within the industry. Many believe that this move represents an ideological attack on a...
Ethereum Withdrawals Surge Over $1.2 Billion: Analysis & Trends
Ethereum has recently experienced a surge in withdrawals totaling over $1.2 billion, indicating that large crypto investors, also known as whales, are anticipating a price recovery. These significant withdrawals have led to Ethereum balances...
Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks Bitcoin Price Struggles Near $67,000 Amid...
Bitcoin struggled to maintain its price near $67,000 as the overall crypto market remained stagnant. The leading cryptocurrency has been trading sideways after failing to sustain upward momentum earlier in the week. Investor confidence...
Meme Coins Outperform Bitcoin in 2024: Memeinator Takes the LeadMeme Coins Outperform Bitcoin...
Meme Coins Outperform Bitcoin in 2024In the world of cryptocurrency, meme coins are making a big splash in 2024. While big names like Bitcoin and Ethereum have seen a modest increase of over 50%...
Drake Faces $1M Bitcoin Loss as NHL and NBA Bets Go Awry
Canadian artist Drake is facing a potential loss of $1 million in cryptocurrency after placing two separate bets of $500,000 each on the Edmonton Oilers and the Dallas Mavericks to win the Stanley Cup...
Bernstein predicts Bitcoin price to reach $1 million by 2033, starts covering MicroStrategy
Bernstein analysts have increased their long-term Bitcoin price forecast to $1 million by 2033 due to high demand and limited supply. They have also adjusted their predictions for the current cycle, expecting Bitcoin to...
Meme Coins Outperform Bitcoin in 2024: What You Need to Know
Many meme coins are outperforming well-known cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. While Bitcoin and Ethereum have seen modest gains of over 50% this year, meme tokens like Floki, Book of Meme,...
MicroStrategy Boosts Bitcoin Investment with $700M Convertible Note Offering
Nasdaq-listed software company MicroStrategy, known for holding a significant amount of bitcoin (BTC) in its treasury, has decided to increase its convertible note offering to $700 million from the original plan of $500 million....
Meme coins outperform Bitcoin in 2024: Memeinator in focus Memeinator shines as meme coins outperform...
Meme coins have been the talk of the town in the cryptocurrency world this year, outperforming big players like Bitcoin and Ethereum. While Bitcoin and Ethereum saw a modest increase of over 50% in...
Ethereum Holds Potential for Summer Surprise
The latest report by QCP Capital suggests that the cryptocurrency market may experience lower volatility this summer, particularly for Bitcoin. This could lead to a quieter trading period, leaving traders uncertain about their next...