As summer approaches in North America, a potential decline in Bitcoin hashrate is anticipated. The intense heatwaves characteristic of this season may force Bitcoin miners to scale back their operations. This situation provides an interesting dynamic in the already volatile world of Bitcoin mining. The Impact of Summer Heatwaves Post-Halving Profit Squeeze The recent halving …
Apple’s Worldwide Developers Conference (WWDC) this year unveiled a plethora of AI functionalities. Still, the real showstopper was the introduction of Octane X, a 3D design software, on the new iPad Pro. Powered by the Render, this feature has captured the attention of crypto enthusiasts and developers. Render Network’s Decentralized GPU Power Render Network in …
Growing Frustration with Bitcoin Reluctance Financial educator and author Robert Kiyosaki has expressed growing frustration with people’s reluctance to invest in Bitcoin (BTC). Known for his best-selling personal finance book “Rich Dad, Poor Dad,” Kiyosaki is a vocal advocate for Bitcoin as a hedge against economic instability and traditional fiat currencies. Common Excuses for Not …
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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 …
