A widely followed crypto analyst is predicting that three altcoins, including Solana (SOL) and Polygon (MATIC), appear poised for a corrective move after rallying from their 2022 lows. Pseudonymous crypto trader Altcoin Sherpa tells his 179,500 Twitter followers that he expects one indicator on the four-hour chart to act as a resistance that could send …
Monthly archives: June 2022
Billionaire Mark Cuban Reveals Reason He Owns Bitcoin, Names Catalyst That Will Push BTC to New Heights
A Shark Tank investor is laying out what he thinks must happen for Bitcoin (BTC) to take off as the better version of gold. In a new interview with the Bankless podcast, billionaire Mark Cuban says BTC faces a problem of relative lack of utility and resulting lack of mainstream popularity. “Part of the challenge …
Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K
The crypto market is currently going through a period of heightened volatility as global economic conditions continue to worsen amid a backdrop of rising inflation and interest rates. As the headwinds impacting global financial markets beat down all traces of bullish sentiment, many crypto investors are predicting that Bitcoin (BTC) price could drop to as …
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That’s ‘Sir’ Crypto Dad: French order knights former CFTC chair Chris Giancarlo
The French government has given former United States Commodity Futures Trading Commission chair Chris Giancarlo, also known as “Crypto Dad,” the equivalent of a knighthood. In a Tuesday tweet from Giancarlo, the former CFTC head said France’s National Order of Merit awarded him a Chevalier — the equivalent of a knighthood — in a ceremony …
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Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales
The State Duma, the lower house of the Russian legislature, has passed a bill on the taxation of digital assets that exempts their sale from value-added tax (VAT) in the Russian Federation. Some other services of digital asset exchanges will also be exempted, according to state-run news service RIA Novosti. In addition, the bill established …
Switzerland-based crypto mining firm expands operations to Texas
White Rock Management, a cryptocurrency mining company based in Switzerland, said it will be expanding its operations to the United States, starting with Texas. In a Tuesday announcement, White Rock said it will be partnering with Natural Gas Onsite Neutralization, or NGON, a company that captures natural gas that would otherwise be burned and converts …
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DeCommas: The Best Set of Tools for Making Money on Crypto
The DeCommas project combines the possibilities for automating DeFi protocols and convenient formation and management of a multi-link portfolio. DeCommas is a derivative of the famous 3Commas service. In essence, it is a unique crypto portfolio manager that gives traders and investors access to the entire market, allows you to choose the best strategies, successfully …
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How Dogecoin Volatility Can Help Traders Turn a Profit
The price of Dogecoin is recognized for being extremely volatile. As a trader, how can you turn that into an asset rather than a hindrance? Dogecoin volatility can often benefit traders who trade DOGE. Due to its quick transactions, e-money of this type is famous on the market. It’s a widely accepted currency that functions …
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Fan Tokens: Keep These 5 Cryptos in Your Watchlist
It is no surprise that the crypto universe and its various affiliated virtual digital assets have taken the world by storm, even in the middle of crypto winter, investors and traders alike are looking for new ventures to invest in. Fan tokens happen to be just that sort of innovative venture that one might be …
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Terra Classic Grows More Than 200%
Amidst the crypto winter, few hikes are seen recently in the crypto economy. While many coins are failing to make any gains, LUNC and USTC have increased 57% and 253% respectively. LUNC and USTC – Terra’s original native tokens are worth $.0000092 and $.035 respectively and have seen $427.9 million worth of trade in the …
I’m Waiting for Bitcoin to ‘Test’ $1,100, Says Rich Dad Poor Dad Author
Summary: Robert Kiyosaki has stated that he is waiting for Bitcoin to test $1,100 for him to buy some more. Mr. Kiyosaki also pointed out that if his target is not reached, he will wait for losers to capitulate so he can buy some more. In terms of selling, institutional investors have started doing so …
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Crypto Winter Hits Huobi as the Exchange is Rumored to Lay Off 30% of its Workforce
Summary: The crypto exchange of Huobi is reportedly planning layoffs that will exceed 30% or more of its current employees. Huobi cites a reduction in revenue due to the ongoing crypto market drawdown and its exit from mainland China as the main reasons behind the move. The crypto exchange of Huobi Global is reportedly looking …
BCH’s Roger Ver Rumored to be the High Net Worth Individual Who Owes CoinFLEX $47M
Summary: Crypto community member, FatMan Terra, has suggested that Roger Ver is the high net worth individual who allegedly owes CoinFLEX $47 million. CoinFLEX has released plans to launch a recovery token to raise funds to cover the $47 million deficit. Bitcoin Cash’s Roger Ver has since denied the allegations. Terra and Crypto Twitter community …
Street Artist “Monopoly” Joins HyperMint And NFTGrails To Launch NFTs
The latest reports confirm that Alec Monopoly, an American street artist, has successfully launched his new “Rags to Richie” non-fungible token (NFT) collections. The American street artist partnered with the NFT platform, HyperMint, and NFT art curator NFTGrail to launch the NFT collection. In a June 29 press release, the New York-based street artist confirmed …
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152% Hike in Stratis – Know STRAX and Where to Trade
The STRAX coin has performed exceptionally well this month, jumping to its highest level since April. Over the past few weeks, the coin has gained about 152% from its lowest point, reaching more than $1.1960 a coin. Buy STRAX on Crypto.com Now Your capital is at risk. What is STRAX? STRAX is the native token …
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