Crypto market analysis and predictive insights
Japan Prime Minister Shigeru Ishiba has made a significant move in favor of the cryptocurrency industry by vowing to include tax cuts for crypto assets in his economic stimulus package. This decision comes after the opposition party, the Democratic Party for the People (DPP), proposed an annual tax reform that would include tax cuts for…
In a shocking turn of events, a USDT holder lost a staggering $129 million to a phishing address, only to recover the funds hours later. According to reports, the victim mistakenly transferred the funds to a phishing address on the TRON blockchain, which mimicked the appearance of the intended recipient. However, in a rare display…
Recently, there has been a heated debate in the cryptocurrency community about whether Solana (SOL) can overtake Ethereum (ETH) as the leading smart contract blockchain. In this article, we will analyze the current market trends and on-chain metrics to determine if Solana has what it takes to flip Ethereum. According to recent data, Solana (SOL)…
BONK Hits New All-Time High Following Upbit Listing In a significant development, BONK, the first Solana-based meme coin, has surged 18% to hit a new all-time high of $0.000058. This price uptick has catapulted BONK’s market cap to over $4.1 billion, reclaiming its position as the largest meme coin on the Solana blockchain. But what’s…
MicroStrategy, a self-described bitcoin development company, has broken into the top 100 U.S. publicly traded companies by market cap, with a $96 billion market cap. This achievement is a significant milestone for the company, which has been one of the main stories of 2024, soaring over 500% year-to-date. As reported by James Van Straten, senior…
According to a recent research report by Bernstein, Robinhood is expected to be the biggest beneficiary of regulatory tailwinds from a potentially pro-crypto U.S. Securities and Exchange Commission (SEC) under a Donald Trump administration. The broker raised its price target for the popular trading platform to $51 from $30 while maintaining its outperform rating on…
The crypto market is entering its most bullish phase, and meme coins are making their long-awaited comeback. Dogecoin (DOGE) is leading the way with massive gains, while Popcat (POPCAT) and newcomer Cutoshi are also seeing significant action. Dogecoin’s price has surged 138% over the last 14 days, breaking through several resistance levels and settling around…
The recent surge in trading volumes of Dogecoin (DOGE) and XRP on South Korean crypto exchanges has caught the attention of the market. According to CoinGecko data, XRP and DOGE have cumulatively accounted for as much as 30% of trading volumes on Upbit, the country’s biggest exchange, and nearly 20% on Bithumb in the past…
Argo Blockchain, a prominent player in the crypto mining space, has reported a disappointing Q3 revenue, plummeting 28% year-over-year. The firm’s quarterly revenue of $7.5 million, down from $10.4 million a year earlier, has sent shockwaves through the market, causing its shares to plunge nearly 19% on over-the-counter trades. This decline in revenue can be…
Cardano's impressive rally has been making waves in the cryptocurrency market, defying the market-wide turbulence with a price hike. As of early Wednesday, ADA reached an 18-month high of $0.80, with its daily trading volume increasing by 24% to $2.27 billion. But what's behind this surge? The answer lies in the impressive rise in Cardano's…