As the countdown to the much-anticipated 2024 bitcoin halving event nears its climax, the cryptocurrency world finds itself amidst a whirlwind of excitement and speculation. Social media platforms have become abuzz with discussions surrounding the impending halving, according to data from Santiment. This increase in social media chatter indicates a potential for significant price movements
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Shiba Inu (SHIB) has recently faced a decline in its value, dropping by 6% on a weekly scale and 20% in a month, amidst a broader correction in the cryptocurrency market. However, this negative trend has caught the attention of many analysts who believe that a significant upswing is imminent. Notable crypto influencers like Rekt
The crypto market experienced a sharp decline on April 12, catching many by surprise. The price of Bitcoin and other altcoins plummeted, resulting in massive liquidations across the board. While there are various theories as to what caused this sudden downturn, including a correction in the US stock markets, the exact reason remains elusive. The
Bitcoin’s market capitalization has been making headlines recently, hitting an all-time high of over $1.43 trillion and currently standing at around $1.32 trillion. With the upcoming halving event, many are speculating on whether BTC’s market cap could reach $3 trillion. While some industry participants are optimistic about this possibility, others, like Marathon Digital’s CEO Fred
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According to IRS criminal investigation chief Guy Ficco, there has been a noticeable increase in taxpayers committing tax crimes related to cryptocurrency. These crimes, categorized as “pure crypto tax crimes,” encompass a range of violations falling under Title 26 of the US Code, specifically federal income tax violations. Some examples of these crimes include failing
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The impact of Bitcoin Halving events on the flagship cryptocurrency’s price has been a topic of ongoing debate among analysts and experts. According to lead analyst Hannah Phung from SpotOnChain, historical data suggests that Bitcoin’s price tends to increase significantly around 6 to 12 months after the Halving event, rather than immediately. Past Halving events
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