Nellius Mukuhi

Chainlink

Chainlink Whale’s Aggressive Accumulation Strategy Raises Eyebrows in Crypto Community

Leave a Comment / Altcoin News, News /

A Chainlink whale has recently engaged in a vigorous buying spree, utilizing multiple wallets for their LINK purchases. Insights provided by blockchain analytics firm Lookonchain suggest that this Chainlink whale could be an institutional entity with a presence on Binance. According to Lookonchain’s data, the whale has withdrawn a significant amount of LINK—2,237,504 tokens, valued […]

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ETF

Bitcoin ETFs Gain Global Traction: U.S. Approval Sparks Race for Regulatory Nods, Australia Leads the Charge

2 Comments / Bitcoin /

The anticipated approval of exchange-traded funds (ETFs) for spot bitcoin (BTC) by the U.S. Securities and Exchange Commission (SEC) has the potential to set a precedent for regulatory nods across Asia. While some regions may not immediately establish ideal policies, analysts suggest that the SEC’s approval could catalyze momentum in the crypto space. Concerns among

Bitcoin ETFs Gain Global Traction: U.S. Approval Sparks Race for Regulatory Nods, Australia Leads the Charge Read More »

crypto

Colorado Pastor Faces Fraud Charges After Alleged Divine Guidance in $3 Million Crypto Scam

Leave a Comment / Crypto 101 /

Online pastor Eli Regalado claims he sold over $3 million worth of tokens to his community because he believed “the Lord” instructed him to give his followers a 10X return. Charged with fraud for marketing a “worthless” cryptocurrency, a Colorado-based online pastor, Eli Regalado asserts that he engaged in the activity solely because he felt

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Bitcoin

Bitcoin Hash Rate Plummets 34%, Unveiling Vulnerabilities in Cryptocurrency Mining Industry

Leave a Comment / Bitcoin /

The recent Texas deep freeze has led to a substantial decline in the Bitcoin hash rate, as miners had to scale back operations to assist the state’s energy grid. YCharts data reveals a notable 34% reduction in the total Bitcoin network hash rate, dropping from over 629 exahashes per second (EH/s) on January 11 to

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Crypto

73% Believe Enhanced Information Quality and Deeper Crypto Asset Insight Foster Increased Investment

Leave a Comment / Crypto Investing, Uncategorised /

Crypto investing is an excellent way to stay ahead in the global financial curve and spice up your portfolio. However, inadequate knowledge of the crypto waters could be tumultuous for any investor. That being said, being well-informed before entering the crypto market could reduce the risk of losses. With the proper insight, you could make

73% Believe Enhanced Information Quality and Deeper Crypto Asset Insight Foster Increased Investment Read More »

IRS

IRS Enacts 2024 Tax Reporting Rule for Crypto Transactions Over $10K, Prompting Debate

Leave a Comment / Regulation /

A recent move by the Internal Revenue Service (IRS) has stirred controversy within the crypto community, as the agency now mandates reporting for transactions involving at least $10,000 in cryptocurrencies. Effective since January 1, 2024, this regulation stems from the infrastructure bill signed into law by U.S. President Joe Biden in November 2021. Under this

IRS Enacts 2024 Tax Reporting Rule for Crypto Transactions Over $10K, Prompting Debate Read More »

Litecoin

Litecoin Price Outlook: Projections and Analysis for 2023-2032

Leave a Comment / Altcoin News /

The cryptocurrency market is ever-evolving, and Litecoin (LTC) stands at the forefront of discussions with intriguing price predictions spanning the next decade. Here’s an overview of the anticipated LTC prices from 2023 to 2032. Litecoin Price Predictions: Current Market Snapshot: As of today, the current price of LTC stands at $71.2, accompanied by a 24-hour

Litecoin Price Outlook: Projections and Analysis for 2023-2032 Read More »

Analysts Note Avalanche’s 79% Weekly Surge Following Previous Undervaluation

Leave a Comment / Altcoin News /

Avalanche defied the recent downturn in the cryptocurrency market by recording an impressive 79% weekly gain, while other major tokens experienced declines. Analysts attribute this outperformance to Avalanche’s perceived undervaluation, coupled with new partnerships formed with JPMorgan and Citi. Despite Bitcoin (BTC) dropping to $41,558 and Ether (ETH) to $2,226, both experiencing a 6% decline

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Solana on the Verge of Overtaking XRP with Trading Volume Almost 3x XRP’s Amid 266% Growth

Leave a Comment / Altcoin News, Solana /

Recent data indicates that Solana (SOL) is poised to surpass XRP, claiming its position as the third-largest altcoin. Data sourced from CoinMarketCap reveals that Solana has experienced a remarkable 13.88% surge in the last 24 hours, contributing to a cumulative seven-day growth of 17.83%. Presently, SOL is valued at $71.77. Contrastingly, XRP has exhibited negative

Solana on the Verge of Overtaking XRP with Trading Volume Almost 3x XRP’s Amid 266% Growth Read More »

Cathie Wood’s Innovation ETF Surges by 31%, Achieving Record-Breaking Performance for the Month

Leave a Comment / Blockchain News /

Cathie Wood experienced a remarkable surge in November as her flagship Ark Innovation ETF (ARKK) recorded its most impressive month ever, climbing 31.1%. This marked a significant rebound for the fund, which had faced three consecutive months of losses. The resurgence was driven by a resurgence in innovative technology stocks, particularly in biotech names like

Cathie Wood’s Innovation ETF Surges by 31%, Achieving Record-Breaking Performance for the Month Read More »

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