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US President Donald Trump announced Sunday that a portion of the revenue generated from tariffs will be distributed among American citizens, with those eligible set to receive $2,000 each. If the plan materializes, analysts believe it could be a potential catalyst for a massive crypto bull run. Trump’s Tariff Dividend Explained Tariff announcements by the
Andrew Richard2 min read
The ongoing price corrections in the crypto market have deepened over the past 24 hours, with Bitcoin (BTC) briefly plummeting below $100,000 while Ethereum (ETH) dropping to a four-month low. As a result, daily liquidations have topped $2 billion. According to data from CoinMarketCap, Bitcoin’s price reached $99,100 on Tuesday, but the buyers quickly pushed
Andrew Richard2 min read
Historically, October has been one of the best-performing months for Bitcoin. That’s why Bitcoiners nicknamed it “Uptober” due to the consistent gains seen during that period over the years. However, the coin has posted a monthly loss of 5.6% this year, with BNB stealing the show after surging 6.1%. This article explains why BNB has
Andrew Richard3 min read
After rallying to an all-time high (ATH) of $4,378 earlier this month, Gold has now reversed to $4,027, representing an 8% drop. The downtrend began after the Donald Trump administration hinted at working with the Chinese government to reach a trade agreement. In this article, we will discuss how Gold’s current bearish trend could benefit
Andrew Richard3 min read
Historically, October has been one of the strongest months for Bitcoin, with many crypto enthusiasts nicknaming it “Uptober” because of delivering consistent gains over the years. However, history may fail to repeat itself this year due to the following reasons. Why Bitcoin May not Rally in October Bitcoin Retention Has Dropped Analysts from Glassnode have
Andrew Richard2 min read
While selling has slowed over the past 24 hours, Bitcoin and most of the top cryptocurrencies by market cap are still struggling to start a meaningful rally. At the time of writing, the total market cap is sitting at $3.91 trillion, down 0.5%, according to data from CoinGecko. The drop has been triggered by one
Andrew Richard3 min read
Investors holding significant amounts of WLFI, a token linked to the Trump family, have suffered huge losses over the past three days, according to data from OnChain Lens. The losses come as WLFI retraces from its all-time high of $0.33 set on September 1st. It’s now trading at $0.21, down over 40% since its launch.
Andrew Richard2 min read
While most cryptocurrencies, including Bitcoin, have dropped below key support levels over the past few days, Ethereum (ETH) and Solana (SOL) have shown signs of strength despite the uncertainty caused by macroeconomic factors, like last week’s negative Producer Price Index report, which dimmed hopes for an interest rate cut in September. The drop in crypto
Andrew Richard3 min read
Are you a skilled crypto trader but struggling with capital? If so, this article is for you. We have listed some of the leading crypto prop trading firms that will offer you funds for trading after demonstrating proficiency in risk management and achieving desired profit targets. Read on to learn more. Prop Trading Explained Simply
Andrew Richard3 min read
Venture capitalists poured over $10 billion into various crypto projects between April and June. According to CryptoRank data, crypto entrepreneurs hadn’t received investment worth the mentioned amount since early 2022. In June alone, crypto projects pulled in $5.14 billion, indicating renewed investor interest. Strive Funds, a fund manager established by billionaire Vivek Ramaswamy, obtained $750
Andrew RichardUpdated 2 min read
Cryptocurrencies are known to be extremely volatile. Their prices can rise significantly one month and then crash the next, leaving traders to wonder whether they are in a bear or bull market. This article explains how to identify the kind of market you are in to enable you to make smart moves. Read on to
Andrew Richard3 min read
Crypto-backed mortgages have gained popularity in recent months, as they enable individuals to purchase their dream homes through loans collateralized by digital currencies like Ethereum and Bitcoin. With such mortgages, crypto users do not need to sell their token holdings to finance their home purchases. Instead, they deposit their crypto in lending protocols to borrow
Andrew Richard3 min read
