[ad_1] Amidst the recent euphoria around the cryptocurrency market, Polkadot (DOT) has stood out as one of the best-performing assets, notching a 107.5% price gain in the last 30 days. The prominent crypto asset recently surged to $8.81, representing its highest price point in the past five months. However, as the Polkadot market remains ravaged with positive sentiments driven by price action and recent network reports, crypto market expert with X username Rekt Capital has shared a valuable cautionary insight. Polkadot Must Stay Above $8.60 — Analyst In a recent post on X, Rekt Capital highlighted a crucial support level…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. The latest on-chain data shows that the stablecoin market is nearing a new milestone in terms of valuation. Here’s how the increasing liquidity could impact Bitcoin and the general cryptocurrency market. Can The Increasing Stablecoin Cap Push Bitcoin Price To $100,000? Market intelligence platform IntoTheBlock has revealed in its weekly report that the stablecoin market capitalization has experienced notable growth in the past month. According to the crypto firm, the stablecoin market cap surged past $190 billion this week for the first time since late April 2022 when Bitcoin price was hovering…
[ad_1] In a major move towards successfully regulating digital assets in the country, Russian President Vladimir Putin has signed a law that creates a new legal framework for taxing Bitcoin mining and transactions, recognizing them as property and setting the stage for formal taxation. Russia’s New Bitcoin And Crypto Tax Law According to local media reports, digital currencies, including Bitcoin, will be classified as property under the new law. This classification extends to currencies utilized for foreign trade settlements within the Experimental Legal Regime (EPR) framework in digital innovation. Notably, the law stipulates that mining and selling digital currencies will…
[ad_1] Popular crypto analyst Altcoin Sherpa says that one red-hot artificial intelligence (AI)-related memecoin continues to show market strength after a massive surge. The pseudonymous trader tells his 233,000 followers on the social media platform X that Act I: The AI Prophecy (ACT) is looking strong on the four-hour chart. According to the trader’s chart, ACT has broken through the .382 Fibonacci retracement level at $0.59 and continues to hold it as support at time of writing. “ACT is moving extremely well, huge move from some Elon [Musk] interaction. The technical analysis on it was actually very solid as well,…
[ad_1] Taiwan has accelerated the introduction of its regulatory Anti-Money Laundering (AML) framework for crypto businesses. The new regulations, set to start nearly a month in advance, require Virtual Asset Service Providers (VASPs) to comply with the registration mandate to prevent stricter penalties. Taiwan Fast-Tracks New AML Mandate Taiwan’s Financial Supervisory Commission (FSC) recently announced it would advance the implementation of its crypto AML registration regulation from January 1, 2025, to November 30, 2024. The AML overhaul, announced in October, will introduce stricter AML guidelines for VASPs and require all crypto firms to complete the AML registration with the Taiwanese…
[ad_1] Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an…
[ad_1] A meme coin is giving its community members something to look forward to during this yuletide season, filling the air with excitement as the year end draws near. Shiba Inu gave crypto investors a teaser that the token is preparing for a giveaway event to its members during the Christmas season. ‘Incredible Christmas Giveaway’ Christmas has long been known as the time for gift-giving and festivity. It seems that Shiba Inu affirms this longtime tradition of the spirit of Christmas, which symbolizes goodwill and generosity to others. In an X post, the meme coin’s marketing lead Lucie announced an…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] Bitcoin has faced a few volatile days after its recent attempt to break above the highly anticipated $100,000 level. Despite the initial excitement, BTC retraced slightly and is now in a consolidation phase following its surge to a new all-time high of $99,800. While some investors hoped for a swift breakout into six-figure territory, the market seems to be catching its breath as traders assess the next move. Top CryptoQuant analyst Axel Adler shared key data on X, revealing that major players and institutional investors are holding strong. The lack of significant selling pressure indicates confidence in Bitcoin’s potential…
[ad_1] Dogecoin has just showed a Tom Demark (TD) Sequential sell signal, but an analyst has explained how the parabolic run could still continue for DOGE. Dogecoin Is Currently Showing A Pattern Similar To Previous Bull Runs In a new post on X, analyst Ali Martinez has discussed about a TD Sequential signal that has formed for Dogecoin’s weekly price recently. The “TD Sequential” refers to a technical analysis (TA) indicator that points out locations of probable tops and bottoms in a given asset’s price. This indicator involves two phases: the setup and the countdown. During the first of these,…