Author: finance
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…
As we step into a new day, news about Bitcoin’s recent price dip has taken center stage in the world of cryptocurrencies. Hovering just below the $100,000 level for a brief while, the Bitcoin price has dipped yet again below the $95,000 mark. Adding more fuel to this downward movement is the latest court statement from the United States, which has given permission to the Department of Justice to liquidate their substantial Bitcoin holdings. These Bitcoin were confiscated during the highly publicized Silk Road case. The possibility of a massive Bitcoin sale has ignited conversations about the potential impact on…
Just a couple of days ago, the cryptocurrency market experienced a sudden and severe contraction as $350 billion exited the market. According to data sourced from CoinMarketCap on January 9, the total market capitalization dropped from a robust $3.58 trillion to a slightly less impressive $3.23 trillion. This abrupt decrease serves as a stark reminder of the inherent volatility that characterizes the world of digital assets. Impact on major cryptocurrencies In particular, Bitcoin (BTC), the kingpin of the crypto market, saw its market capitalization diminish from $2.03 trillion to $1.83 trillion within this 48-hour timeframe. The price of Bitcoin currently…
Entering the exciting world of cryptocurrencies, we find a surprising and interesting facet – several well-known personalities investing and dabbling in Bitcoin. One such high-profile individual is the world-famous podcaster and Ultimate Fighting Championship (UFC) commentator, Joe Rogan. For over a decade, Rogan has been intrigued by cryptocurrencies, managing to amass a handsome investment in Bitcoin (BTC). In this in-depth discussion, we will take a deeper look at Rogan’s Bitcoin journey, explore possible reasons for his inactive involvement, and analyze his stance towards digital currencies. Joe Rogan’s Bitcoin Journey In April 2014, Joe Rogan surprised many by publicly disclosing his…
The dawn of a new year always brings along an exciting lineup of crypto presales, shrouded in the promise of phenomenal returns. The thrill of uncovering the next crypto gem that could offer a 5x, 10x, or even 100x return is indeed intriguing. In our quest to unearth these hidden treasures, we present to you five promising crypto presales that warrant your attention. 1. Unveiling Wall Street Pepe ($WEPE): The Financially Literate Frog Wall Street Pepe ($WEPE) is not just another green frog; it’s a meme coin revamp with lofty intentions. While its predecessor $PEPE continues to stay relevant, $WEPE…
The small Southeast Asian Kingdom of Bhutan, famed for its mesmerizing landscapes and the measure of Gross National Happiness, is now stepping into the world of technology and innovation. Keeping abreast with the rapidly evolving digital world, Bhutan is embracing major cryptocurrencies such as Bitcoin, BNB, and Ethereum to stimulate its economic growth. Among these strategic efforts, the newly instituted Gelephu Mindfulness City (GMC) is set to include these digital currencies within its strategic reserve. Embracing the Bitcoin Revolution in Bhutan Setting a precedent with its proactive attitude towards digital currencies, Bhutan initiated its tryst with Bitcoin and associated blockchain…
The thriving acceptance of Bitcoin (BTC) by sovereign states and governments is one of the primary factors projected to augment the growth trajectory of this premier digital asset in 2025 – asserts a recent report by Fidelity Digital Assets. The report further underscores that the year 2025 will be a critical milestone for Bitcoin’s proliferation and mainstream acceptance. Bitcoin’s Much-Anticipated Mainstream Breakthrough Courtesy of National Adoption Throughout 2024, Bitcoin’s acceptance witnessed a seriess of remarkable advancements. From the green light given to the first US spot BTC exchange-traded funds (ETFs) early in the year by the Securities and Exchange Commission…
With the advent of cryptocurrency, the digital asset landscape has evolved dramatically. Among the key players in this domain is the Binance exchange, which holds the lion’s share in crypto trading volume worldwide. However, like many prominent players in the digital asset marketplace, Binance often becomes a target for cybercriminals, from beginner-level hackers to sophisticated state-backed entities such as the infamous Lazarus Group. Despite these challenges, Binance has displayed strong resilience, particularly during the widespread adoption and popularity of cryptocurrencies. Notably, the exchange’s vigilant security measures successfully thwarted potential losses amounting to an approximate $4.2 billion in 2024, safeguarding 2.8…