Author: dfrancis36

[ad_1] Courtesy of Bitcoin magazine, Trump (left) with Bitcoin Magazine CEO David Bailey (right) Ever since Donald Trump became more vocal in support of Bitcoin heading into this year’s Presidential campaign, I’ve been sitting with a wide range of emotions and concerns.Outside of Bitcoin, as a left-leaning voter and vocal critic of Donald Trump, I have deep concerns with such an ego-centric, narcissistic character assuming power in the oval office again, not to mention the damage this could do to issues I deeply care about in the U.S. including a woman’s right to choose, reproductive rights, immigration, global affairs, and…

[ad_1] Bitcoin dropped to as low as $60,000 in the last 24 hours, and although the flagship crypto has reclaimed that level, crypto research firm 10x Research predicts that BTC can still go lower soon enough. The firm also outlined several factors that support this bearish outlook.  Bitcoin Could Drop To As Low As $50,000 10x Research’s lead analyst Markus Thielen mentioned in the report that Bitcoin could drop to as low as $50,000. He highlighted a topping formation for the flagship crypto that could lead to this steep decline. Thielen noted how Bitcoin had been range trading for a…

[ad_1] Recent on-chain data shows that Shiba Inu (SHIB) whales may have contributed to the recent decline in its price. The meme coin’s recent decline has put its blue-chip status in doubt, although this trader is still confident in Shiba Inu’s potential.  Shiba Inu Large Transactions On The Rise Amid Market Decline Data from the market intelligence platform IntoTheBlock shows that the number of Shiba Inu large transactions has increased by over 400% in the last 24 hours. These large transactions involve ones worth $100,000 or more, and they are more significant considering that they come amid a recent decline…

[ad_1] Top US crypto exchange Coinbase is adding support for an altcoin project that saw massive gains earlier this year. In an announcement via the social media platform X, Coinbase says it’s adding Core (CORE) to its trading platform. “Core is now live on Coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” According to the project, Core is designed to be a hyper-scalable complimentary smart contract platform to Bitcoin. Core’s ecosystem includes a Satoshi Plus consensus mechanism, non-custodial staking and a native version of…

[ad_1] In a new video titled “If I Had To 10X My Money, I’d Only Hold These 4 Altcoins!” aimed at shedding light on potential bull market leaders, renowned crypto analyst Miles Deutscher dissected the crypto landscape to pinpoint four altcoins that he believes could significantly outperform the market. His insights came in response to a query from his Discord channel about potential 5x to 10x gains during the current bull market. Deutscher believes that success in the crypto markets doesn’t necessarily come from holding a vast array of coins but rather from carefully selecting a few that have strong…

[ad_1] FTX, the bankrupt cryptocurrency exchange, is set to seek court approval to proceed with a proposed liquidation plan aimed at repaying customers in cash. The plan faces opposition from some customers who argue they are entitled to higher repayments.Criticism over Valuation MethodsFTX, which filed for bankruptcy in November 2022, claims it has recovered up to $16 billion to settle customer claims, including over $12 billion in cash. The company asserts its intention to fully repay all customer claims, a stance it will present before U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, on Tuesday.However, dissenting customers dispute FTX’s repayment…

[ad_1] The German government has transferred millions in seized Bitcoin to major Bitcoin and crypto exchanges Kraken and Coinbase, according to blockchain analysis firm Arkham.The transfers originated from a wallet connected to the German Federal Criminal Police Office (BKA). In 2013, the BKA seized almost 50,000 Bitcoin, from a film piracy website.On Tuesday, the BKA wallet moved $24 million in Bitcoin across two transactions to Kraken and Coinbase. An additional $30 million in Bitcoin was sent to an unknown wallet not affiliated with an exchange.Arkham data shows that these transfers follow previous movements of $195 million in Bitcoin to exchanges…

[ad_1] My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to…

[ad_1] HIVE Digital Technologies, a cryptocurrency mining company, certainly has reasons to be pleased, as the last 12 months have presented a much better picture of its operations. After a record weak fiscal year in 2023, during which the company’s revenues fell by 50% and net losses reached $236 million, 2024 proved much more favorable, although profitability was not achieved.HIVE Digital Balances Bitcoin Mining and AI Expansion in Fiscal 2024The company reported annual revenue of $114.5 million and adjusted EBITDA of $37.5 million for the fiscal year ended March 31, 2024. During the period, the company mined 3,123 Bitcoin and…

[ad_1] Bitcoin, the leading cryptocurrency asset in the financial sector, is set to garner more recognition as the state of Louisiana has enacted a historic law that will safeguard BTC access while outlawing the use of Central Bank Digital Currencies (CBDCs).  New Bill Protects Bitcoin Access In Lousiana Dennis Porter, the Chief Executive Officer (CEO) and co-founder of the Satoshi Action Fund, shared the update on the X (formerly Twitter) platform on Monday. This House Bill 488 upholds the state’s residents’ unimpeded ownership and use of Bitcoin, positioning it as a champion of financial and personal liberty. The Louisiana Legislature’s…