Andrew Kang, the founder of crypto venture firm Mechanism Capital, has significantly increased his investment in Bitcoin, placing a $200 million long position on the cryptocurrency. He doubled down on his original $100 million wager. This daring move comes following the encouragement of former US President Donald Trump’s recent endorsement...
The world of NFTs has been a rapidly growing space in recent years, presenting innovative new spaces for artists, collectors, and investors. This new digital gold rush holds great promise. It introduces a tangled maze of tax consequences that Americans are only now beginning to understand. BlockTraderHub.com is your resource...
The cryptocurrency market is always in motion, influenced by various factors ranging from technological advancements to regulatory changes and geopolitical events. Recently, the potential impact of China's seized Bitcoin holdings has become a topic of significant discussion. According to reports, Chinese local governments held approximately 15,000 BTC as of December...
The headlines are buzzing: China’s government is sitting on a mountain of seized cryptocurrency. That feels like something you’d read in a dystopian fiction book, right? It's real. Well, if you’re in the crypto space, or thinking about it, you should be, and this is something you really need to...
The dollar is losing its grip. That’s not hyperbole, that’s the slow burn, the faith eroding confidence, a crisis of confidence caused by misguided policies and uncertainty from all corners of the globe. And even though for some this approach might look like a doomsday scenario, I encourage you to...
Méliuz, a Brazilian fintech company, is considering drastically boosting its crypto hoard on the BTC standard. The question is: is this visionary or just plain reckless? It’s easy to get caught up in the crypto craze. They see Bitcoin as a panacea that will cure the world’s economic inflation and...
Now picture Emily Nkrumah, a dynamic entrepreneur based in Accra, Ghana. Yet as much as she creates beautiful hand-made jewelry, her dreams are suffocated. Her profits are eaten up by crippling bank fees. International payments are a nightmare, and the constantly-changing Cedi (the Ghanaian currency) makes her sleep less than...
Bitcoin whales—which are wallets that have more than 10,000 BTC—are reportedly in their largest accumulation mode. They’re consuming more than 3x the current annual Bitcoin supply! Read on to find out why this behavior, along with other market indicators, point to a potential bullish reversal for the cryptocurrency. The trend...
Bitcoin is still trading under $84,244. Most analysts are expecting it to hold a long lasting floor between $66,000 to $80,000 the remainder of the year. Models predict that another bull market will start in 2026. This meteoric rise would bring the cost to a staggering $297,000 by that November...
Let’s not kid ourselves, the past couple years had some vibes that crypto was in a regulator death grip. Once again, every two weeks it felt like Gary Gensler’s SEC was intensifying its enforcement blitz against some bad actor. This may have left innovators scrambling and investors anxious. With the...
