Posts

Showing posts with the label market impact

Bitcoin Miners Flood Binance With 51K BTC — Is A Sell-Off Imminent?

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Grayscale Files For New Dogecoin ETF Amid Approval Expectations, Is The Next Price Surge Coming?

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

XRP price just crashed 10%; Here’s why

Image
XRP holders are feeling the sting after the token suffered a sharp pullback, erasing a chunk of its July gains in what appears to be a mix of technical unwinding, opportunistic profit-taking, and a sudden regulatory curveball. At the time of publication, XRP is trading at $3.11, down 10.29% in the past 24 hours. In a dramatic move, the token plunged to $2.99, briefly losing the key $3 psychological level before clawing back to reclaim it as support.  XRP 1-day price chart. Source: Finbold The rapid dip followed XRP’s recent rally, where it had climbed over 42% in the past month, fueled by optimism around broader altcoin flows and a retest of the $3.65 resistance zone on July 18. But momentum has reversed sharply. More than $105 million worth of long positions were liquidated, triggering a cascading wave of sell-offs across exchanges. Meanwhile, Upbit’s release of 75 million XRP into circulation added to the flood of supply, weighing heavily on prices. At the sa...

Leading SHIB Holder Surfaces, Bringing an Unexpected Twist

Image
A Shiba Inu whale has just been revealed as the largest SHIB token holder, and it’s not who you’d expect at all. This massive Shiba Inu whale wallet contains over 410 trillion tokens worth around $5.9 billion right now, completely shifting SHIB market news with an unexpected twist that has crypto whale watchers absolutely stunned and confused. Also Read: SHIB Price Prediction: Shiba Inu to Hit $0.000025 as ShibDAO Launch Sparks Surge Whale Watchers Stunned By SHIB Holder Move And Market Impact Source: Watcher Guru Arkham Intelligence just dropped a bombshell when they revealed the top SHIB holding addresses, and the number one Shiba Inu whale turned out to be something completely different. It’s a burn address that’s been quietly accumulating tokens since early 2021. This burn wallet holds no less than 410,430,774,772,152.3 SHIB tokens that have been permanently removed from circulation and will never come back. The discovery has left major exchanges like Binance...

Lummis’ 1M BTC Plan & MetaPlanet’s 162 BTC Move

Image
US Bitcoin Reserve initiatives have accelerated in recent days as Senator Cynthia Lummis reintroduces legislation for a strategic national Bitcoin reserve, while Japanese company MetaPlanet continues to expand its Bitcoin holdings with new acquisitions. These developments right now highlight the growing institutional confidence in Bitcoin across financial sectors. Also Read: Bitcoin Plan: Scaramucci’s 2% Strategy Wasn’t Enough—Saylor Calls It Contradictory Lummis Bitcoin Bill and MetaPlanet’s BTC Acquisitions—What’s Next for the US Bitcoin Reserve? Source: NBC News Senator Lummis Revives Strategic Bitcoin Reserve Proposal Senator Lummis has spearheaded efforts by reintroducing her Bitcoin bill that catalyzes US Bitcoin Reserve plans to accumulate 1 million BTC over five years—approximately 5% of Bitcoin’s total supply. The Lummis Bitcoin bill includes various provisions for leveraging $6 billion annually from 2025 to 2029 from Federal Reserve transfers. Senator Lummis ...

France to Tax Bitcoin Gains Before They're Realized—How Will It Affect You?

Image
France has created new legislation for crypto tax in France, targeting unrealized Bitcoin capital gains. This marks a first in crypto tax regulation. The measure affects French crypto holders with assets over €800,000. They must now pay taxes on increased value before selling. This move has sent shockwaves through the cryptocurrency community. JUST IN: France to tax #Bitcoin unrealised capital gains. pic.twitter.com/8zsehL05f4 — Bitcoin Archive (@BTC_Archive) December 3, 2024 Also Read: Nvidia: NVDA Surged 170% In 2024, How High Can It Surge In 2025? Breaking: New Crypto Tax Law Unveiled The unprecedented crypto tax regulation in France targets wealthy investors planning to exit the country. Current French crypto tax laws only charge 30% on realized gains. This new measure changes everything for Bitcoin holdings in France. It could also affect crypto holders worldwide. Implementation and Timeline The Direction Générale des Finances Publiques (DGFiP) will start enforcing this new ...

Bitcoin: Man Could Have Made $150 Million With Investment of $50,000

Image
Investors who entered Bitcoin (BTC) more than a decade ago could have made millions if they had stayed invested for the long term. One such investor revealed in 2013 that he purchased $50,000 worth of BTC and plans to hold it for ten years. The revelation was made on a Reddit thread 11 years ago, in which the investor confirmed that he put $50K in BTC and is both nervous and hopeful about the future. Also Read: Tron Rise Continues as TRX Volume Skyrockets 200% Bitcoin: $50,000 To $150 Million in 11 Years Bitcoin Investment in 2013 Source: Reddit Bitcoin traded between $20 and $800 in 2013, and the investor could accumulate anywhere between these numbers. Even if the investor picked it up at its lowest, at $20, it would be an accumulation of 2,500 BTC. The 10-year investment plan could have paid off massively, generating life-changing wealth for himself and his children. Also Read: U.S. Dollar Falls To New Lows as Local Currencies Rise Potential Returns on Investment If the investor had...