Author: Faizan Abbas

Bitcoin is doing well today in the crypto market. At the time of writing, the price of BTC was around $64,200, which is good news. In the last 24 hours, it went up by 0.76%. According to coinmarketcap data, the trading volume of Bitcoin around this time frame was around $22.050 billion. Source: CoinMarketCap Bitcoin is still the top cryptocurrency, with a market value of about $1.264 trillion. According to technical signs and patterns, bitcoin is showing it’s steady and could keep going up. Bitcoin Price Prediction On Bitcoin’s 4-hour chart, things are looking up for buyers. Today’s key point…

South Korea keeps a ban on cryptocurrency usage while stating that companies can use gift vouchers and stock for donations. The latest update on charity in South Korea excludes the use of cryptocurrency. This initiative can harm charity and fund-raising efforts in the country. Kyu-nghyang Shinmun, a local South Korean media outlet, stated on May 5 that the Ministry of Public Administration made some amendments to the Donation Act. In these amendments, the Ministry stops the public from using crypto assets for donation. From July, people who intend to do charity can use alternatives like loyalty points, gift vouchers from…

Shiba Inu’s activity is heating up, hinting at potential price shifts. In just 24 hours, a whopping 1.5 trillion tokens changed hands within the network, indicating substantial movement. Keep an eye out for possible price changes ahead. Shiba Inu Token Movements: What’s Driving the Market? Big amounts of Shiba Inu tokens are being moved around. One transfer caught attention – it moved 53.08 billion SHIB, worth about $1.36 million, to someone we don’t know from a private wallet. Another interesting move came from a Coinbase “hot wallet” with over 106.33 billion SHIB, around $2.65 million. It could be either an…

CoinGecko provides data explaining that Bitcoin Layer 2 winners have seen a rise of 5% to 20% since Halving, leaving Bitcoin behind. Coins associated with Bitcoin Layer 2 perform extraordinarily, leaving BTC behind since miners’ rewards decreased after BTC halved since Saturday. The native leading token of Bitcoin layer 2, STX, gave a rise of 20% to its value and is now trading for $2.88 since the reward per block fell to 3.125 BTC from 6.25 BTC for miners, according to the source of Coingecko. Bitcoin itself rose by 4.7% to $66,300. As per Velo data, STX’s top performance helped…

The Ethereum price is still integrating close to $3200, but this coin can only gain momentum. If the bullish trend of the market crosses the resistance at $3100. The price of ETH is fighting at $3056 at the time of writing, but this coin is fighting to break the resistance to give a new high to the price. In 100 hours, this coin shows a slight movement in the price. This key indicates a bearish trend, as this coin is setting its resistance at $3070. If it reaches the previous resistance level of $2850, it can accelerate lower Ethereum Price…

Hong Kong finds out Bitcoin and Ethereum ETF can start trading by the end of April, the analyst behind 10x research told Decrypt. “While no trading date has been set, expectations are for April 30,” stated the founder of 10x Research, Markus Thielen. He also writes research reports for multiple platforms, like Singapore-based trading platforms. Hong Kong gives certain approvals for Bitcoin and Ethereum ETFs managed by China Asset Management, Harvest Global, Bosera, and HashKey, respectively.  After the US approved spot Bitcoin, we observed a certain increase in demand of ETFs in the first month, which resulted in the most…

Solana price predictions for potential growth in the near future. Solana (SOL) faced challenges with over 75% of its transactions failing in the last week, leading to concerns about the network’s reliability. Discover how the Solana team is addressing congestion issues and explore. Solana Price Prediction: Is a Surge on the Horizon? According to crypto analyst Bluntz, Solana’s drop seems to have reached its bottom, with a potential for a rebound. When news of network congestion surfaced, Bluntz made a Solana price prediction, suggesting that SOL’s value could dip to $160 before showing signs of recovery. Bluntz’s analysis, based on…

Acquiring Ethereum through your PayPal account is an attractive option for those purchasers who face high conversion fees from their bank or in those countries where banks do not allow you to buy crypto. In late 2020, you can buy cryptocurrency through your PayPal e-wallet. The only thing required is to have a PayPal-funded account, select cryptocurrency, and confirm your purchase.  Buying Ethereum through PayPal has its cautions. You are not allowed to transfer Eth to your other wallets once you buy it through PayPal. The only thing that PayPal allows you is to sell it back to PayPal if…

You can buy or receive Bitcoin (BTC), and now you are worried about its security. Here are some security guides for beginners to follow for keeping your Bitcoin safe. 1. Store Private Keys Offline Keeping your private key secure is essential for your crypto wallet, and you should not share it with anyone who is not trustworthy, as doing so can compromise your security and result in a significant loss. You can use Bitcoin cold storage to keep these keys secure, such as if you have a computer with no internet access. This helps you stay safe from cyber attacks…

The FBI recently warned about a concerning trend where people are being tricked into cryptocurrency scams. These scams promise huge profits on investments but often leave victims with significant financial losses. Last year, there was a surge in investment scams involving cryptocurrencies in the United States. The FBI highlighted this as a major source of financial losses due to fraud. The FBI revealed a report about cryptocurrency scams worldwide rising by 53%. The losses from scams were around $2.57 billion in 2022 and $3.94 billion in 2023. The overall fraud on the investment is around 86% of the total of…