The global financial landscape is undergoing significant transformation as international transactions increasingly move away from the US dollar. This shift, predominantly led by the BRICS nations (Brazil, Russia, India, China, and South Africa), is reshaping global economic dynamics. Financial experts, including Robert Kiyosaki, author of “Rich Dad Poor Dad,” have...

Historically, Bitcoin has demonstrated similar parabolic jumps during 2013, 2016, and 2020, when its Relative Strength Index (RSI) broke through the bullish threshold of 70. Additionally, TechDev noted that the Bollinger Band Width (BBW), a volatility indicator, hit a low point during these periods, which he interprets as a setup...

Coinbase has initiated a robust $15 million television advertising campaign aimed at demystifying cryptocurrency for sports enthusiasts. According to Fox Business, the campaign is set to kick off on Wednesday, with three distinct commercials to be aired across four major channels during the NBA playoffs. The ads are designed to...

Bitcoin’s price trajectory has entered an optimistic phase, as key technical indicators signal potential for significant upward movement, with analysts setting sights on the $120,000 mark. In October, the flagship cryptocurrency successfully surpassed the 200-day Simple Moving Average (SMA), a crucial long-term trend indicator, heralding a bullish market sentiment. Last...

In a groundbreaking lawsuit, the Blockchain Association (BA) and the Texas Cryptocurrency Freedom Alliance (CFAT) have mounted a significant challenge against the U.S. Securities and Exchange Commission’s (SEC) revised “dealer rules,” signaling increasing tensions between government regulation and the inherently decentralized nature of cryptocurrency. At the heart of the conflict...

A new crypto whale has recently emerged on the scene, acquiring a staggering 237.8 billion SHIB tokens, according to data shared by Etherscan. This significant transaction occurred just over a day ago and involved a newly created digital wallet that invested in billions of SHIB meme coins. The transfer, executed...

Jamie Dimon, CEO of JPMorgan Chase, is notoriously skeptical about Bitcoin. He has frequently voiced his disapproval of the digital currency, and in a recent interview, he went as far as to describe Bitcoin as a “Ponzi scheme.” Dimon’s Long-standing Skepticism Towards BitcoinJamie Dimon’s criticism of Bitcoin dates back to...

Tether, the company behind the largest stablecoin in the market, is set to broaden its horizon by introducing its USDT and its gold-backed coin, XAUT, to the Open Network (TON). TON is the blockchain linked to Telegram, a popular messaging app with a user base of 900 million. Gold and...

Led by Anatoly Aksakov, Chairman of the Financial Market Committee at Russia’s State Duma, the BRICS group is making significant strides towards de-dollarization by advancing plans to use cryptocurrencies instead of the US dollar for trade transactions. This initiative aligns with their long-term strategy to reduce reliance on established fiat...

Before the highly anticipated fourth halving, Bitcoin faced significant fluctuations but remained relatively stable post-event. Most altcoins showed modest gains except for TON, which experienced a double-digit decline despite major announcements from Tether. Post-Halving Stability for Bitcoin Bitcoin’s tumultuous price movement began last Friday when it plummeted from over $71,000...