Bearish Signals Emerge Veteran trader Peter Brandt has raised an alert regarding a potential Bitcoin price drop. Currently, Bitcoin (BTC) is trading about 10% below its all-time high, achieved three months ago. Brandt shared his concerns with his 700k followers on the social media platform X, indicating that BTC is displaying a bearish chart pattern …
Corporate Tax Overhaul Turkish lawmakers are poised to introduce a sweeping tax overhaul, primarily targeting corporations, to shore up the national budget following last year’s devastating earthquakes. This move represents the most significant change to Turkey’s fiscal policies in decades. Key aspects include: Cryptocurrency Regulations In addition to the corporate tax overhaul, Turkish lawmakers are …
MetaMask announced today its Pooled Staking function, allowing users to stake any amount of Ether (ETH) and earn rewards directly within the wallet. This new feature from Consensys enables participation in Ethereum’s security, which was previously restricted to those with 32 ETH or more. “With Pooled Staking, MetaMask users now have an easy way to …
Crackdown on Malicious Validators In a decisive move to bolster Solana security, the Solana Foundation has ousted validators participating in sandwich attacks. These measures form a critical part of Solana’s campaign against scammers and hackers exploiting the SOL network. Guilty validators have been permanently removed from the program, underscoring the foundation’s zero-tolerance policy. Understanding Sandwich …
In his recent predictions, Kiyosaki has forecasted that Bitcoin could reach $350,000 by the end of August 2024. He has also suggested that other cryptocurrencies, such as Ethereum (ETH) and Solana (SOL), may experience significant price increases. As of June 10, Bitcoin, Kiyosaki’s preferred asset, was trading at $69,255, showing modest gains over various periods. …
The Bitcoin DXY correlation has shown a significant impact on the cryptocurrency market. Recent market trends suggest that more downside action might be imminent. As the Dollar Index (DXY) continues to display its influence, the correlation between DXY and Bitcoin (BTC) has become increasingly evident. In the past few days, a short-term correction has been …
In May, RWA tokenization emerged as the leading crypto sector, surpassing major sectors like Ethereum (ETH) and Bitcoin (BTC) with a notable 58% performance. The surge was driven by significant developments and high-profile use cases that highlighted the increasing importance of RWA tokenization in the financial industry. We have already discussed the potential of this …
Dogecoin (DOGE), the eighth-largest cryptocurrency, is witnessing a notable surge in whale activity. In the past 24 hours, the number of $1 million transactions has skyrocketed, indicating significant movement among large holders. Data from blockchain analytics platforms reveal that over 150 transactions, each exceeding $1 million, have been recorded during this period. This surge suggests …
Michael Saylor, founder and Executive Chairman of MicroStrategy, has agreed to a $40 million settlement with the District of Columbia over an income tax dispute. This marks D.C.’s largest income tax fraud recovery ever, according to officials. • The District of Columbia sued Saylor in August 2022. • Allegations: Saylor did not pay income taxes …
Bitcoin Billionaire Michael Saylor Settles Tax Evasion Lawsuit For $40 Million Read More »
