As Kamala Harris eyes the presidency, reports highlight the Harris-Walz campaign’s backing of President Joe Biden’s budget proposal. This plan seeks to raise capital gains to 44.6% and introduces a 25% minimum tax on unrealized gains for Americans with over $100 million in wealth. Harris is also targeting an increase in the corporate tax rate, […] Source CryptoX Portal
Day: August 21, 2024
Bitcoin miner Bitfarms to acquire rival Stronghold Digital
Cryptocurrency mining giant Bitfarms has entered a definitive merger agreement to acquire Stronghold in a stock-for-stock merger transaction. Canadian crypto miner Bitfarms is set to acquire its U.S.-based rival Stronghold Digital in a transaction valued at approximately $175 million, including $125 million in equity value and $50 million in assumed debt. In an Aug. 21 press release, Bitfarms said that acquiring Stronghold would bring significant assets, including a 4.0 EH/s hashrate and 165 MW of power capacity as of June 2024. The company owns over 750 acres of land and…
Dogecoin (DOGE) Finds a New Rival With Up and Coming Gambling Memecoin That’s Set To Skyrocket
Dogecoin (DOGE), the original memecoin, is facing a new challenger, Mpeppe (MPEPE), an innovative gambling-focused memecoin. MPEPE is gaining momentum and offering both fun and financial potential to investors. It is hailed as Dogecoin (DOGE)’s newest rival and could significantly impact the future of memecoins. Dogecoin (DOGE)’s Legacy: The King of Memecoins Dogecoin (DOGE) has earned its place as the king of memecoins, originally launched as a joke in 2013. Over the years, DOGE has grown from a playful internet experiment into a serious cryptocurrency asset, thanks to its viral…
Ethereum (ETH) Investors Believe This New ETH ICO Will Rock The Crypto Market
The cryptocurrency market is no stranger to groundbreaking developments, but the buzz surrounding the latest Ethereum (ETH)-based ICO, Mpeppe (MPEPE), suggests that something truly special is on the horizon. Ethereum (ETH) investors, known for their keen eye on innovative projects, are increasingly optimistic that Mpeppe (MPEPE) could be the next big thing to rock the crypto market. Here’s why this new ICO is capturing the imagination of ETH holders and what it could mean for the future of digital assets. Mpeppe (MPEPE): The ICO That’s Turning Heads in the Ethereum…
Ethereum (ETH) Holders Are On The Move For 350x Gains From Mpeppe (MPEPE)
The cryptocurrency market is abuzz with excitement as Ethereum (ETH) holders look to capitalize on a new opportunity that promises substantial returns. Mpeppe (MPEPE), a rising memecoin, has caught the attention of savvy investors who are eager to diversify their portfolios and potentially secure gains as high as 350x. As Mpeppe gains momentum, Ethereum (ETH) holders are positioning themselves to benefit from what could be one of the most lucrative opportunities of the year. Here’s why Mpeppe (MPEPE) is generating so much buzz and why ETH investors are on the…
The Future Is Bright For These Two ICOs as They Are Both Predicted To 1000x PEPU & MPEPE
In the ever-evolving world of cryptocurrency, where trends can shift in the blink of an eye, two Initial Coin Offerings (ICOs) are catching the attention of investors for their massive potential. Pepe Unchained (PEPU) and Mpeppe (MPEPE) are not just another set of meme coins; they are technological marvels that are set to redefine the meme coin space. With strong community support and innovative approaches, both PEPU and MPEPE are poised for a significant breakout, with predictions suggesting they could 1000x in value. The Rise of Pepe Unchained: A Meme…
XRP Alert: Raoul Pal Advises Investors To Sell Now
A new video by macro guru Raoul Pal is currently causing quite a stir in the XRP community. In the recently published video update, Pal, the co-founder and CEO of Real Vision, says that investors should avoid older coins like XRP and ADA. His analysis presents a sobering outlook for these longstanding members of the crypto ecosystem, arguing that they may no longer be at the forefront of blockchain innovation. Sell XRP Now? During his discourse, Pal critiqued the capacity for innovation and adaptation in projects like XRP and ADA,…
Controversial Crypto Firm Prometheum to Treat Uniswap’s UNI and Arbitrum’s ARB as Securities
When asked why Prometheum selected UNI and ARB, Kaplan responded, “Prometheum Capital intends to provide investors access to the top digital assets over time, as well as tokenized assets, debt, equities, [exchange traded funds], mutual funds, options, money market funds and other investment contract products that are issued and transferred on a blockchain.” Source
BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. Source
Cipher’s (CIFR) Bitcoin (BTC) Mining Business Remains Compelling, Canaccord Says
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