Author: finance
Striding into the futuristic realm of digital currency, the once-outspoken critic of cryptocurrencies, the former and future head of state Donald Trump, is now making headlines for his increasing involvement in the crypto sphere. What makes this peculiarity noteworthy is the burgeoning crypto portfolio of the Republican President-Elect, whose value, as reported on January 10, holds a stunning estimate of $11.42 million. Furthermore, his portfolio doesn’t comprise the usual popular digital assets but instead boasts some unique tokens, adding a tinge of mystery to this intriguing tale. Unveiling the Crypto Holdings of Donald Trump Contrary to the expected lineup of…
In the increasingly volatile world of cryptocurrency, the United States has emerged as a significant player. Recent on-chain data shows that American platforms have experienced a surge in Bitcoin reserve dominance, reaching a new unprecedented peak. This growth indicates a shifting dynamic within the cryptocurrency market, offering intriguing implications for future trends and highlighting the growing influence of the US in this sphere. A Surge in US Bitcoin Reserve Dominance This recent development was brought to light by Ki Young Ju, the founder and CEO of CryptoQuant, in an insightful post. He pointed out the rising Bitcoin dominance among platforms…
The cryptocurrency exchange, OKX, has issued a warning concerning a counterfeit browser extension for OKX wallet that recently appeared in the Firefox plugin store. Let’s delve deeper into this development and understand the implications it carries for cryptocurrency users. Alert about Fraudulent OKX Wallet Extension OKX has confirmed via an announcement on its platform that no browser extensions have been released by them for Firefox. As a response to this fraudulent extension, the firm has lodged a complaint with the administrators of Firefox, demanding its immediate removal. In situations where users have already installed this harmful plugin, the advice given…
As we embark on a new year, it’s an opportune time to ponder the future and make forecasts. In an era where the world of cryptocurrencies finds itself at a critical juncture, rapidly evolving technologies, regulatory shifts, and a growing interest from institutional investors are under the spotlight. With the market continuously evolving, it’s natural to wonder how the primary digital assets will develop this year. Understanding emerging trends and potential opportunities that could shape the course of these assets is crucial for anyone intending to successfully navigate the world of cryptocurrencies. On this note, we have sought predictions from…
As the world continues to embrace digital currencies, Oklahoma has now flagged off a significant piece of cryptocurrency legislation. The state’s Senator Dusty Deevers recently proposed a groundbreaking bill, the Bitcoin Freedom Act. If passed, it would allow residents and employees in Oklahoma to receive their salaries in Bitcoin and enable vendors to accept Bitcoin payments for goods and services. In Takes The Bitcoin Freedom Act in Oklahoma Senator Dusty Deevers publicized the Bitcoin Freedom Act on January 8. This pioneering bill, otherwise known as SB325, could revolutionize how salaries are paid and transactions conducted within Oklahoma State. SB325 would…
The cryptocurrency space has recently been buzzing with the introduction of a new meme token named Wall Street Pepe that is currently making waves, even before its official listing on a cryptocurrency exchange. This token, referred to as WEPE, has caught the attention of crypto enthusiasts as it is presently in its presale phase. This implies that any interest to purchase WEPE needs to be done through the platform. So far, the presale has raised nearly $44 million, and there’s no sign of dwindling interest. But why is the buzz surrounding Wall Street Pepe so high? Gaining Momentum Regardless of…
In recent times, Bitcoin has witnessed a significant selling downturn, following a major surge above the $100K threshold. This premier cryptocurrency briefly reveled in this significant landmark before experiencing a sharp slump to a low of $92,500 in just three days. This swift slide has triggered a wave of anxiety among analysts and investors regarding the permanence of Bitcoin’s latest advancements. However, despite this dramatic turn in price, data from blockchain analytics firm IntoTheBlock uncovers an interesting trend: the exchange net flow for BTC remains negative. This suggests that a larger amount of BTC is being moved out of exchanges…
The year 2024 proved to be a remarkable milestone for cryptocurrencies, with Meme-Coins dominating the market and demonstrating their capacity for immense growths. As we shift into 2025, this trend is poised to maintain its forward momentum, with Meme-Coins continuing to present enormous potential for substantial price gains. Entering an Era of Cryptocurrency Under Trump’s Leadership The year 2025 appears set to maintain the bullish trend in the world of cryptocurrencies, where the anticipated future shines bright. With Donald Trump’s ambition to position the United States as a leading cryptocurrency nation, the crypto market is poised to evolve tremendously. In…
In the Southeast Asian nation of Thailand, a burgeoning issue is threatening the stability of the country’s energy supply — illegal Bitcoin mining operations. These surreptitious activities are causing severe power disruptions in Bangkok, the bustling capital, and surrounding regions. To tackle this increasing menace, the Provincial Electricity Authority (PEA), the country’s leading energy conglomerate, recently announced the closure of an unauthorized Bitcoin farm located in the Phanat Nikhom district of Chonburi. Unearthing the Illicit Bitcoin Mining Farm PEA, in collaboration with the Crime Suppression Division (CSD), raided the suspected facility that was believed to be manipulating the electricity meter…
Immersed in the dynamic world of blockchain technology, The Graph (GRT), renowned for their data indexing protocols, has unveiled an innovative, user-friendly application known as Geo Genesis. This latest development is designed to enable users to cultivate and disseminate knowledge within the realm of Web3, according to an announcement made to Finbold on Thursday, January 9. This introduction provides a unique opportunity for users, regardless of their experience level, to navigate the intricacies of Web3, fostering a broader demographic engagement in decentralized ecosystems. Consequently, Geo Genesis signifies a strategic shift towards applications centered on knowledge rather than assets, reflecting The…