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Category: BitCoin

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Pro-XRP lawyer confident he can win Senate bid, sets $1M campaign goal

John Deaton shared with his online following that he’s covered half of the campaign funds and asked if they could pitch in the rest via cash or crypto. Pro-XRP lawyer John Deaton has claimed he is ready to take on cryptocurrency critic Senator Elizabeth Warren in the Massachusetts Senate race, urging his large crypto-friendly social…
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Neither Joe Biden nor Donald Trump are crypto champions

President Joe Biden hasn’t taken a particularly friendly stance toward cryptocurrency. On the contrary, he’s been a lot like his predecessor. The presidential campaign trail is heating up as November grows near and many people have become excited about Former President Donald Trump’s comments praising cryptocurrency. But how does the former president compare to the…
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Bitcoin’s sudden 7% retreat sees $660M in liquidations in 1 day

Some suggest a waning ETF narrative and economic data from the United States may have sparked the sudden crypto sell-off. The price of Bitcoin plunged amid a hectic day that saw crypto liquidations top $661 million over the past 24 hours, affecting nearly 200,000 traders. In early trading on March 15, Bitcoin shed 7.5% in just…
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El Salvador’s Bitcoin wallet gets sats, cats and a cypherpunk manifesto

Approximately $700 in satoshis were sent to El Salvador’s new “Bitcoin piggy bank” across dozens of donations. Only hours after El Salvador publicly announced its move to store a “big chunk” of its Bitcoin (BTC) in a physically secured cold wallet, Bitcoiners have already lined the wallet with their favorite “rare sats” and Ordinals. On March 14,…
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Bitcoin has 6 months until ETF ‘liquidity crisis’ — New analysis

Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says. faces a “sell-side liquidity crisis” by September if institutional inflows continue, an industry analyst says. In a thread on X on March 12, Ki Young Ju, founder and CEO of on-chain analytics platform…
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Elon Musk: Dogecoin will be used to buy Teslas ’at some point’

Musk started advocating for Dogecoin after receiving requests from Tesla factory employees and SpaceX visitors to include the memecoin as an official mode of payment. Tesla CEO Elon Musk has hinted his electric-car manufacturer could add Dogecoin as an official payment method for Tesla cars “at some point”. On March 13, Musk was interacting with the…
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Starknet Gas Fees Plummet 99% After Successful Dencun Upgrade

Key Points: Starknet has successfully synchronized with Ethereum’s Dencun upgrade, leading to a 99% decrease in gas fees. Ethereum’s Dencun upgrade introduces a new way of storing data expected to spur increased activity and attract more applications. Ethereum’s Dencun upgrade slashs Starknet gas fees by 99% from $2 to $0.01-0.04. The upgrade boosted Starknet by…
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Bitcoin at $71K, same as $20K last cycle — BTC price analysis

Bitcoin prices could reach $337,000 as the “upper bound” of the current cycle, according to popular BTC price analyst Willy Woo. Bitcoin bull market because the BTC price of $71,000 is equivalent to the $20,000 mark of the previous bull cycle, according to Willy Woo, a Bitcoin analyst and managing partner at CMCC Crest. Woo’s…
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Bitcoin has 6 months until ETF ‘liquidity crisis’ — New analysis

Bitcoin ETFs are sucking up the BTC available for purchase, and the tipping point in supply dynamics will come this year, one analyst says. Bitcoin faces a “sell-side liquidity crisis” by September if institutional inflows continue, an industry analyst says. In a thread on X on March 12, Ki Young Ju, founder and CEO of on-chain analytics platform…
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Biden resurrects 30% crypto mining tax in new budget proposal

U.S. Senator Cynthia Lummis said that while this shows that the government is bullish on crypto, a 30% tax would destroy the industry’s foothold in the country. United States President Joe Biden has revived the idea of a 30% tax on electricity used by crypto miners in his budget proposal for 2025. In a U.S.…
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