Tag: investing

Ethereum's Bitcoin Crash Reveals A Deeper Crisis For Blockchain?

Ethereum's Bitcoin Crash Reveals A Deeper Crisis For Blockchain?

Ethereum’s on a pain train and Bitcoin’s been at the helm, a vicious 77% collapse from the 2021 November peak. Ouch. Let go of reclaiming its all-time high. Bitcoin’s been poaching on its turf. People are starting to whisper the unthinkable: is Ethereum… a shitcoin? That stings. Perhaps this time...

7 Reasons Why XRP DeFi Will Shock the Crypto World

7 Reasons Why XRP DeFi Will Shock the Crypto World

XRP hasn’t historically been the loveable rogue of the DeFi ecosystem. It's often been seen as the black sheep, stuck in the old world while everyone else is building a decentralized future. Stand by, because all that is soon to end. Flare's integration is not just another partnership. It's a...

XRP Defends $2: Can Bulls Push to $3? Whale Activity Signals Hope

XRP Defends $2: Can Bulls Push to $3? Whale Activity Signals Hope

Another crypto that’s recovered remarkably well is XRP, the cryptocurrency associated with Ripple Labs. After a multimonth consolidation period where it lost the $2.00 support level, it recently regained this crucial support zone. Market analysts and investors are scrambling to take advantage of this movement. Whale action points to a...

CryptoPunk Trader Faces Prison Time for $13 Million Tax Evasion

CryptoPunk Trader Faces Prison Time for $13 Million Tax Evasion

An NFT trader just found himself facing prison time after pleading guilty to evading almost $13 million in taxes. This tax evasion is based on profits realized from the trading of CryptoPunk NFTs. Waylon Wilcox, the trader incognito, purchased and sold 97 items from the CryptoPunk NFT collection. Now he’s...

Bitcoin's Price Braces for Potential Breakout Amidst Consolidation

Bitcoin's Price Braces for Potential Breakout Amidst Consolidation

Bitcoin’s price is currently sitting at $84,530 after a 0.3% decrease in the past 24 hours. In fact, some market analysts believe Bitcoin is getting ready for its next major price move in the upcoming weeks. By January 2025 the cryptocurrency had climbed to an unprecedented peak of $108,786. Ever...

PENGU Price Surges! Is the Pudgy Penguins Coin Worth the Huddle?

PENGU Price Surges! Is the Pudgy Penguins Coin Worth the Huddle?

The cryptocurrency and blockchain industry is always alive with new trends and developments. In recent months, meme coins associated with NFT projects have drawn most of the headlines. More recently, PENGU, associated with the Pudgy Penguins NFT collection, experienced a massive price explosion. This lack of standardization has led investors...

Zora's 'Memecoin' is a Warning Sign for the NFT Space

Zora's 'Memecoin' is a Warning Sign for the NFT Space

Recall all those times NFTs were going to completely change the art game for artists. A new digital age, one that puts power in the hands of artists and entertainers to reach their audiences directly, without the middlemen? A rosy new picture in which creatives newly had agency over their...

VOXEL's 700% Surge Post-Delisting Vote: What's Really Happening?

VOXEL's 700% Surge Post-Delisting Vote: What's Really Happening?

As we know, the crypto world is an unpredictable place. In short, the recent price action of VOXEL has left many investors scratching their heads. After being added to Binance’s “Vote to Delist” program, VOXEL saw a mind-boggling jump of more than 700%. This counterintuitive rally raises several critical questions:...