Day: July 16, 2024

Analyst Explains Why The Next Bull Run Will Be “Crazier”?

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Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…

Argentina Defines Rules for Normalization of Previously Undeclared Assets, Including Cryptocurrency

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Argentina has recently released the rules that will govern the previously approved legislative package affecting the inclusion of cryptocurrency and other undeclared assets in the country’s tax system. The benefits will only be available to taxpayers who hold their assets in registered VASPs. These taxpayers will be exempt from taxes for up to $100,000 held […] Source

Crypto Analyst Says Telegram-Based Notcoin Is Ready To Fly, Here’s How High

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The Telegram-based Notcoin token has been making waves since it was introduced to the crypto market a few months ago. Following the market decline, it staged one of the strongest recoveries, rising over 50% in a single day. Given its bullish tendencies, expectations around the altcoin is that it will continue to rise, with one crypto analyst predicting how far the Notcoin price could go from here. Notcoin Price Could Rise To $0.018 In an analysis posted on TradingView, a crypto analyst who goes by “The57Trader” has proposed a bullish…

After Court Order, Craig Wright Updates Website With Admission He Is Not Satoshi Nakamoto

The notice – which must be displayed on Wright’s website for six months – declares that Wright lied “extensively and repeatedly” in court proceedings where he claimed to be Satoshi Nakamoto, and “attempted to create a false narrative by forging documents ‘on a grand scale’.” Wright’s web of lies, spun through “multiple legal actions” constitute a “most serious abuse” of the legal systems in the U.K., Norway, and the U.S., the declaration reads. It also links visitors to the full judgment against Wright, and “its appendix detailing various forged documents…

Shiba Inu Targets 45% Price Explosion

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The anonymous crypto analyst pullbacksignal has published a technical analysis of Shiba Inu (SHIB) via TradingView, which attests to the cryptocurrency a strong upside potential. In the 4-hour chart against Tether (USDT), the Shiba Inu price has formed an inverse head and shoulders pattern, traditionally recognized as a bullish reversal signal following a downtrend. Shiba Inu Price Eyes 45% Rally The inverse head and shoulders pattern is marked by three troughs with the middle trough (head) deeper than the flanking ones (shoulders), and it is the opposite of the traditional…

Bitcoin mining stock analyst discusses ‘Trump Bump’

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Analysts from H.C. Wainwright believe the market’s positive reaction to crypto suggests increased confidence in Republican presidential candidate Donald Trump’s election prospects.  This confidence comes because Trump is known for his pro-crypto stance, particularly his support for Bitcoin (BTC) mining in the U.S. Following a failed assassination attempt on Trump during a campaign rally in Butler, Pennsylvania, on Saturday, July 13, Bitcoin and BTC mining stocks saw a notable surge. BTC rallied over 9% since the incident, reaching a high of approximately $63,790 on Monday, while mining stocks gained around…

DePIN Can Make Car Ownership Cool Again

DePIN could bring back that sense of personalization and community, but in a distinctly modern way. Imagine a world where your car has an on-chain digital twin, allowing you to customize its appearance, participate in virtual car shows or even race digital versions of your real-world vehicle. Your car becomes a key to a whole new ecosystem. This gamification of car ownership could extend to the real world, too. Blockchain-based systems could reward safe driving, optimal route-taking or real-world carbon offsets. Suddenly, your daily commute becomes a game, with valuable…

Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1

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Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bitcoin-native defi operations using layer two (L2) solutions like Stacks. Hermetica Launches BTC-Backed Stablecoin USDH Hermetica‘s USDH offers Bitcoin holders a new way to maintain […] Original