Author: cryptotechbro

Operation ChokePoint, a government initiative to reduce certain businesses’ access to banking services, is getting renewed attention. The initiative, launched in 2013, aims to restrict traditional banking’s access to the crypto industry. Now, a few crypto personalities are taking action, including blockchain advocate, John Deaton. In a Twitter/X post, Deaton – an XRP proponent and lawyer – discussed the industry’s struggle and fight against ChokePoint and suggested that he’s willing to volunteer and help lead an investigation into this initiative. In the lengthy position, Deaton raised the challenges for the crypto industry and warned that it directly attacks the principles…

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Este artículo también está disponible en español. As the new year begins, the crypto market is experiencing a notable resurgence, with many altcoins outpacing Bitcoin (BTC) in performance. Bitcoin recently saw an increase of up to 2.9%, reaching $97,526, while alternative cryptos such as Ethereum (ETH), XRP, and Dogecoin (DOGE) surged by over 4%.  Notably, Solana (SOL) climbed an impressive 8.2%, signaling a renewed interest in digital assets beyond the leading cryptocurrency. Altcoins And Crypto Stocks Gain Momentum In New Year Chris Newhouse, director of research at Cumberland Labs, noted that investors are diversifying their portfolios as they enter 2025.…

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Crypto analyst KrissPax has drawn the community’s attention to a bullish pattern that has formed for the Dogecoin price. In line with this, the analyst predicts that Dogecoin could soon record a double-digit price surge.  Dogecoin Price Eyes Double-Digit Surge In an X post, KrissPax predicted that the Dogecoin price could enjoy a double-digit surge soon enough. This came as he revealed that Dogecoin had broken out of a 2-week descending wedge. He added that after a retracement, DOGE could enjoy a bullish reversal as it rallies back up over $0.40.  Source: X This $0.40 price level is significant as…

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The CrytocoinMiner platform provides a secure, transparent way to earn daily profits through trusted contracts used by millions worldwide. According to the interview, Drusen specializes in photovoltaic panel installation. Five years ago, he started a cryptocurrency mining business in his cellar. He made the most important fortune in his life when he participated in cloud mining for the first time. With a kind heart, he wanted to promote this easy way of making money so that more people could participate and make money easily. However, due to the high cost in the later stage and the fact that he was…

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Este artículo también está disponible en español. In a notable show of strength amid an otherwise subdued market, Cardano (ADA) has climbed above the psychologically significant $1 mark today, January 3. Over the past 24 hours, ADA has surged by more than 11%, outpacing the mostly flat performances of other top cryptocurrencies, including Bitcoin. Within the top 100 assets by market capitalization, only Murad-memecoin SPX6900 (SPX) has registered a higher 24-hour gain, rising 30%. Over the last seven days, ADA is up approximately 20%. Although the jump appears to have come without any immediate catalyst, Cardano’s roadmap is poised for…

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Data shows that Bitcoin hit a four-year high of about 59% since late November, but fell sharply to 53.9% by Friday. Bitcoin dominance is a measure of a currency’s relative share of the total cryptocurrency market capitalization. Data shows that Bitcoin hit a four-year high of about 59% since late November, but fell sharply to 53.9% by Friday. BitconeMine analysts pointed to the prospect of regulatory clarity, adding that recent macro factors also bring positive prospects for cryptocurrencies. But warned that regulatory clarity could open up more uses for cryptocurrencies and expand the appeal of the asset class, thereby enhancing…

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At Bitcoin 2024 this past July, Samara Alpha Management and Bitcoin Magazine Pro selected Boreal, a market neutral DeFi hedge fund, as the winner of this year’s Bitcoin Alpha Competition.Boreal was awarded $1 million in seed capital as well as access to Samara’s institutional-grade infrastructure to help manage its fund.Boreal stood out because of its trading strategy, which utilizes various DeFi protocols to generate yield on top of US dollars, bitcoin and ether.“Even when things are super bearish, there’s always a way to generate returns in DeFi,” said Boreal’s founder Evan Morris, who has been in the crypto space since 2016 and…

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