Bitcoin, the leading cryptocurrency by market capitalization, currently finds itself in a precarious position as it hovers just above a critical support level. A minor selloff initiated by a cluster of traders could set off a chain reaction of intensified selling. This situation is exacerbated by insights from the on-chain analytics firm Santiment, which indicates
investment
Arkham Intelligence is gearing up for an ambitious launch as it prepares to unveil its own cryptocurrency derivatives exchange. Scheduled for next month, this development has the potential to shake up the market significantly. A recent report from Bloomberg News highlighted a growing interest in Arkham, and the news sparked a remarkable 12% increase in
In the ever-evolving landscape of digital currencies and blockchain technology, few stories are as compelling as that of Samuel Edyme, fondly known as HIM-buktu. A talented web3 content writer and journalist, Edyme has carved out a niche for himself, blending his ability to craft engaging narratives with deep market insights. Unlike many who enter the
In a significant policy shift, the United Arab Emirates (UAE) has decided to exempt cryptocurrency transactions from its 5% value-added tax (VAT). Officially announced on October 4, this amendment to the Federal Decree Law on VAT is poised to take effect on November 15, 2024, while retrospectively benefiting transactions dating back to January 1, 2018.
Godspower Owie’s journey began in Edo State, Nigeria, where the values of family and support laid the foundation for his aspirations. Growing up alongside three siblings, he was surrounded by role models who inspired him and shaped his understanding of life. Their guidance proved invaluable, offering him perspectives that transcended the ordinary. Owie credits his
My journey originates from the vibrant landscape of Edo State, Nigeria, a backdrop that has profoundly influenced both my character and aspirations. Growing up in a loving household with three siblings, I was fortunate to have a built-in support system that shaped my values. My parents have played a pivotal role in my life; their
In the ever-evolving landscape of cryptocurrencies, the debate surrounding Bitcoin (BTC) and Dogecoin (DOGE) often garners significant attention. James, a prominent crypto analyst, has rendered a thought-provoking analysis comparing these two digital currencies, suggesting that Dogecoin may outperform Bitcoin during this particular market cycle. This assertion raises questions about the long-term viability of meme-based cryptocurrencies
Bitcoin, the pioneering cryptocurrency, has gained notoriety for its price volatility, and the recent fluctuations in its value bring its remarkable resilience and susceptibility into focus. After a brief surge that saw Bitcoin’s price surpass $66,000, instability has resurfaced, driving the cryptocurrency down below critical thresholds. This article delves into the factors influencing Bitcoin’s price
The cryptocurrency market is witnessing an unprecedented expansion in the realm of Exchange Traded Funds (ETFs), with significant developments revolving around XRP, one of the most talked-about digital assets. Recent filings by investment firms such as Canary Capital signal a potentially transformative shift for XRP, although the overall landscape remains muddied by regulatory uncertainties and
The cryptocurrency market is known for its volatility, and Bitcoin frequently stands at the center of such fluctuations. As Bitcoin continues to hover around the significant support level of $60,000, an intriguing dynamic is unfolding beneath the surface. Although short-term traders are responding to ongoing price corrections with a sell-off mentality, long-term holders are taking