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Showing posts from February, 2024

Why is 'Rich Dad Poor Dad’ Author Robert Kiyosaki Exploring Bitcoin? Why is Rich Dad Poor Dad’s Robert Kiyosaki Hell Bent On Exploring Bitcoin

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Robert Kiyosaki, the famous author of the book Rich Dad, Poor Dad, is a known name in the literary circle. However, Kiyosaki is also widely known for his striking Bitcoin views and opinions, which often fetch him great attention. Kiyosaki’s pro-Bitcoin opinions are often rather staunch, compelling other people to explore Bitcoin as a possible investment alternative.  Also Read: How Many Bitcoins Does Robert Kiyosaki Own? Kiyosaki’s Pro Bitcoin Views Robert Kiyosaki has often been noted on social media for giving investment advice. His advice would often accompany a hint of disdain for the US dollar. However, his views on Bitcoin as an investment alternative are rather exclusive.  In a spree of his latest tweets, Kiyosaki shared how he believes the banking crisis is deepening and that BTC is something that he’s looking forward to holding and exploring.  Please be careful. Banking crisis worsens. Threat of war grows. Cental banks will push for CBDC, Cental Bank Digital Cu

Best Altcoins to Watch Before the Bitcoin Halving – Next Cryptos to Explode in 2024

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Several analysts anticipate the crypto market to rally following Bitcoin’s halving, leading investors to actively seek out altcoins that could surge before this significant event. The crypto market is displaying signs of recovery after the downturn of the past two years, with $BTC surging back to the $63k price point. Furthermore, Bitcoin is poised to enter its next halving cycle in April of this year, which will reduce rewards to miners by half. Given these developments, this article compiles a list of the most promising crypto assets ahead of Bitcoin’s halving. Theta Network (THETA) Theta Network has garnered attention for its innovative approach to decentralized video streaming and its partnerships with major players in the media and entertainment industry. Factors such as increased adoption, technological advancements, market sentiment, and broader industry trends could contribute to Theta Network’s potential for growth during a bull market. At the time of writing, the $THETA

Coinbase Glitch Wipes Out $100 Billion in Bitcoin Wealth in Under 60 Minutes

Coinbase glitch led to panic, with BTC traders losing approximately $100 billion. BTC’s value plummeted from $64,300 to $59,461 following the outage. Coinbase stated that all account balance display issues have been restored. Bitcoin traders lost approximately $100 billion in minutes following a recent glitch on the prominent U.S.-based exchange Coinbase. In the last 24 hours, Bitcoin surpassed the $64k threshold, sparking a massive frenzy from the broader financial market. The frenzy caused Coinbase to see unanticipated traffic to its trading platform, ultimately overwhelming it. Consequently, Coinbase users could not see the actual values of their assets on the exchange, witnessing zero balances that caused panic in the crypto community. The outages had far-reaching implications for the Bitcoin market as BTC dramatically tanked from a high of $64,300 to about $59,461 within an hour. Crypto analyst Peruvian Bull argued that the turnout had erased about $

Ripple (XRP) Could Be Highly Volatile in March; Here's Why

Some market experts predict an explosive historic bull run could emerge for Ripple’s XRP token in March. This could be driven partly by analogies to previous mega rallies and an improving fundamental backdrop. However, with such lofty predictions comes the likelihood of heightened volatility as expectations and risks collide next month. The speculative forecasts envision XRP registering unprecedented parabolic price moves during March, shocking cynics. Proponents point to resilience from the 2017 rally that saw Ripple gain considerable ground. With market dynamics aligned optimally once more as adoption expands and blockchain acceptance grows, some argue revisiting such euphoric highs appears possible, especially if the regulatory climate improves. A long-awaited Securities and Exchange Commission lawsuit verdict remains a pivotal wild card. Also read: Binance Coin Hits $400 After Bitcoin Surge: Here’s How High BNB Can Go XRP market dominance drops Nevertheless, cr

Next Cryptocurrency To Explode Wednesday, February 28 – Quant, Injective, XRP

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What are the  next cryptocurrencies to explode ? The cryptocurrency analytic company CryptoQuant recently released a report documenting how trading activities in the United States may have contributed to the rise in the value of ETH. The report clarifies that the anticipation of the ETH ETF has increased the desire to invest in Ethereum ahead of its approval. Thus, the crypto market is witnessing increases in the value of ETH and the value of memecoins built on the platform. Pepe and several other memecoins have seen a nearly 100% price rise since the ETH rally’s start.  Next Cryptocurrency To Explode Moreover, the trend has also spilled into other chains, with assets like Bonk printing double-digit gains recently. Frog With Hat, a newly launched memecoin, also recorded over 800% gains and appeared on the trending list on Dexscreener in the last 24 hours. Many have argued it might become one of the upcoming crypto projects to explode. The details of its performance are highlighted b

IRS Hires Binance.US and TaxBit Execs to Regulate Taxation

Former Binance.US executive Sulolit “Raj” Mukherjee has joined the IRS. VP of government relations and success at TaxBit, Seth Wilks, also followed Mukherjee.  The IRS seeks to mandate crypto firms furnish detailed data on their clients In a strategic move to enhance its presence in the digital asset sector, the Internal Revenue Service (IRS) has enlisted the expertise of two seasoned digital-asset executives, signaling a proactive approach toward crypto compliance and enforcement. Sulolit “Raj” Mukherjee, former global head of tax at blockchain software company ConsenSys and a previous contributor at Binance’s US unit, has been appointed as an adviser to the IRS. Joining Mukherjee is Seth Wilks, the recent vice president of government relations and success at TaxBit, a prominent crypto tax software firm.  Both executives are set to play pivotal roles in steering the agency’s efforts in crypto compliance and enforcement, according to a report from Bloombe

Pilot to SBF-connected billionaire Joe Lewis guilty of insider trading

Patrick O’Connor, the personal pilot to billionaire Joe Lewis, has pleaded guilty to securities fraud charges related to insider trading. A press release from the US Attorney’s Office in the Southern District of New York details how O’Connor “received material, non-public information from Lewis and then traded on the basis of that information.” This information enabled O’Connor to profit from biotech investments, including Mirati.  Lewis, who is the former owner of Premier League football club Tottenham Hotspur, has himself previously pleaded guilty to securities fraud charges related to insider trading.  Lewis made a significant portion of his fortune by shorting the British pound alongside George Soros in 1992.  Lewis is also connected to Bahamian banker Jean Chalopin, who sold him the famous ‘Albany House’ that was featured in the Bond movie Casino Royale. Chalopin’s bank, Deltec Bank and Trust has since been accused in a civil suit of being complicit in the misappropriation of

ChatGPT 3.5 vs. ChatGPT-4 Bitcoin price prediction for end of 2024

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While the crypto community has been mostly certain that Bitcoin (BTC) will see a significant rise in price in the leadup to the upcoming halving event as well as in its wake – and has, so far, been proven correct – the coin’s fate later in the year remains uncertain. On the one hand, the world’s foremost cryptocurrency has, historically, surged tenfold – and sometimes even a hundredfold – after the cyclical supply reduction.  On the other, Bitcoin has never had $57,000 as its halving jump off price, indicating that 2024 could either bring a major disappointment to crypto traders or the coming to fruition of some of the most bullish predictions made so far. Picked for you Brace for strong XRP surge; Here’s why 3 mins ago 3 cryptocurrencies to turn $100 into $1,000 in March 2 hours ago This US politician just sold nearly $1 million worth of crypto 3 hours ago $1,000 invested in Bitcoin (BTC) at start of 2024 returned 4 hours ago In this climate o

Uniswap Foundation’s Upgrade Proposal Still Remains Uncertain: Report

The Uniswap Foundation proposes to upgrade the Uniswap Protocol Governance, incentivizing active delegation. Colin Wu estimates that the upgrade will bring $62.62 million to $156.5 million in annual dividends to UNI holders. While Uniswap Labs hasn’t responded to Uniswap Foundation’s proposal, its passage remains uncertain. The Uniswap Foundation’s proposal to upgrade the Uniswap Protocol Governance has stirred the community concerning the foundation’s focus on converting the UNI token into a utility token. Chinese crypto reporter Colin Wu’s Wu Blockchain page recently published a blog post clarifying the key aspects of the proposal. On February 23, Uniswap Foundation’s governance lead, Erin Koen, took to X to introduce the proposal that intends to incentivize active, engaged, and thoughtful delegation. According to him, the proposal, if approved, would help increase the resilience and decentralization of the foundation. Biggest week in Uniswap Protocol

Crypto exchange BitForex shuts down withdrawals and disappears

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Crypto exchange BitForex has started blocking access to its website through Cloudflare. Cryptocurrency investigator ZachXBT took to X (formerly Twitter) to highlight suspicious behavior, including shutting down withdrawals and outflows of over $56 million on Friday.  ZachXBT also highlighted that BitForex chief exec Jason Luo stepped down from his role last month.  The exchange ’s X account has been silent about these issues, with its last post asking simply, “What are the top encryption projects in 2024?” The BitForex team also looks to have gone silent across its other channels, not responding to questions via Telegram or on its Discord server.  Screenshot of the BitForex website. Read more: Hackers switching to centralized exchange s to fund crypto attacks Last year, BitForex was one of the exchange s named by Japan’s Financial Services Agency in a letter that accused it of operating without the appropriate registration. It has previously been accused of inappropriate behavi

Gorilla Price Prediction: GORILLA Pumps 100% In A Month As Experts Say This New Solana Meme Coin Might Overtake Bonk, Dogwifhat And Myro

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The Gorilla price is up 100% in the last month and 6% over the last 24 hours to trade for $0.004861 as of 1:20 a.m. EST time. But even as trading volume plunged 84%, the token still secured a place on today’s top trending list on CoinMarketCap. Today Trending Coins in Coinmarketcap✅$COTI:$376M#GORILLA:$876K$JASMY:$493M$ALICE:$18M$UNI:$551M$STRK:$279M$BTC:$15B$WLD:$744M$RNDR:$210M$SC:$686M$ALPH $TRUMP $CRV $DYDX $SATS $MASK $VRTX $CAKE $RAY $HEART $FET $CELO $TYBG $EOS $GALA $AIOZ $SC $MATIC $ALPHA $SSV $WOO pic.twitter.com/GmVG5eafva — Coins Scan 🎯 (@CoinsScan) February 26, 2024 Meanwhile, the token is sitting on support due to the 50-day Simple Moving Average at $0.004367. From a technical standpoint, the Gorilla price is likely to fall, with the Relative Strength Index (RSI) inclined south to signify falling momentum. If the trajectory of the RSI continues, it could soon cross below the 50 threshold. Such a move, coupled with the Moving Average Convergence Divergence (MACD)

This Signal Suggesting Altcoins Are About To Soar Into Blow-Off Top, According to Glassnode Founders

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The founders of analytics platform Glassnode say that altcoins are setting up to explode in a blow-off top market crescendo. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that the Ethereum versus Bitcoin (ETH/BTC) ratio is a bellwether for altcoins. The analysts say that after a long consolidation phase, ETH/BTC has finally broken higher which suggests that altcoins are about to soar. “‘The Ratio which drives Altcoins Bull Market’ ETH/BTC ratio is a gauge on the crypto market. Higher ratio – the more risk-on in crypto (altcoins). When ETH/BTC rallies, altcoins rally. And we have just broken higher after a long consolidation since late 2021. Altcoins will soar. All points to a blow-off top as suggested by Henrik Zeberg.” Source: Negentropic/X Henrik Zeberg, the economist mentioned by the Glassnode founders, previously proposed that Bitcoin and crypto are entering into a blow-off top-

Here’s Why Dogecoin’s (DOGE) Price Can Hit $10 In the Bull Run

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DOGE’s potential rebound could lift the price to $0.13 if bearish dominance drops. An analyst predicted that a breakout of the descending triangle could send DOGE toward $10. The Supertrend flashed a buy signal at $0.083, suggesting a major relief in the short term. Dogecoin (DOGE) formed an asymmetrical triangle on the daily chart, underscoring how bulls have been trying to keep the price above $0.090. However, the attempts by bulls have been unsuccessful as bears tugged back the price. The asymmetrical triangle formation suggests that a breakout could be ahead for DOGE. But before the potential rally, DOGE’s price might slide. At press time, the price of the cryptocurrency was $0.084. Bulls and Bears Battle It Out Indications from the Relative Strength Index (RSI) signaled a drop in bullish dominance. Should the RSI reading drop below 50.00, then DOGE might decrease to $0.080. However, bulls would likely try and drive the price upwards. For inst

Pangolin (PNG) soars, 24-hour volume up staggering 5500%

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Pangolin, a multi-chain DEX platform, has surged to multi-month highs. PNG price reached highs of $0.31 as new team outlined comeback roadmap for the DEX Pangolin (PNG), an Avalanche decentralized exchange ( DEX ) platform, is experiencing a price uptick as major altcoins struggle amid Bitcoin’s battle to keep the $50,000 level. PNG is the native governance token of the Pangolin DEX. It is 100% distributed to the community with no team, advisors or investor allocations. The multi-chain DEX platform launched on Avalanche in 2021. Pangolin (PNG) price soars PNG rose more than 200% on Friday to trade at highs of $0.31 as 24-hour trading volume jumped to over $4.7 million. The surge in daily trading volume over the past day represents a staggering 5,500% increase, according to data from CoinMarketCap. The Pangolin market cap has jumped to over $54 million, doubling over the past 24 hours. Why is Pangolin price skyrocketing? Gains for PNG price almost e