8 Practical Ways to Build Wealth with Cryptocurrency in 2024 Bitcoin Whales Unstoppable, $283M Fresh BTC Purchase Amid ATH Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level Designer Kenneth Cole Slipping Out of His $22M Westchester County Mansion Ethereum Faces Crucial Support Challenge As Whale Moves And ETF Activity Shift Ethereum to drop below $2K next? Analyst says ‘it won’t be long’ because… Stablecoin Market Hits 2-Year High as Tether Records $5.2B Profit Grayscale ETHE outflows’ tapering will have THIS effect on Ethereum’s price A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies Ethereum Price Crashes Below $3,000 As Revenues Drop To New Lows

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8 Practical Ways to Build Wealth with Cryptocurrency in 2024
8 Practical Ways to Build Wealth with Cryptocurrency in 2024

You are here: Home / News / 8 Practical Ways to Build Wealth with Cryptocurrency in 2024 Through cryptocurrency, new opportunities to create big money have opened up: from being a beginner or advanced investor to getting rich quickly. In this article, we’ll explore eight popular methods to grow your wealth in the world of cryptocurrency, starting with the most reliable and widely used strategy crypto staking. Crypto Staking Yield Farming NFT Flipping Crypto Trading Initial Coin Offerings (ICOs) and Token Crypto Mining Decentralized Finance (DeFi) Lending Play-to-Earn (P2E) Games 1. Crypto Staking: Earn Passive Income with Minimal Effort Crypto...

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01.11.2024
Bitcoin Whales Unstoppable, $283M Fresh BTC Purchase Amid ATH
Bitcoin Whales Unstoppable, $283M Fresh BTC Purchase Amid ATH

On November 22, 2024, all eyes are on Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as it approaches the long-anticipated $100,000 mark. With a significant price surge of over 5% in the past 24 hours, the asset has reached a new all-time high of $98,988, shifting the overall market sentiment to bullish. Bitcoin Whales Bags $283 Million of BTC Amid this bull run, Bitcoin whales appear unstoppable as they have made continuous and significant BTC purchases in the past 12 hours. Recently, a whale transaction tracker Lookonchain made a post on X (previously Twitter) that crypto whales have...

views: 314
21.11.2024
Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level
Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level

The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According to recent on-chain data, the price of the altcoin seems to be approaching a significant level. This recent price action begs the question — is the Ethereum price in make-or-break season? 1.7 Million Addresses Purchased ETH At $3,000 – Here’s The Relevance In a recent post on the X platform, market intelligence platform IntoTheBlock revealed that the price of Ethereum...

views: 780
03.08.2024

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8 Practical Ways to Build Wealth with Cryptocurrency in 2024
8 Practical Ways to Build Wealth with Cryptocurrency in 2024

You are here: Home / News / 8 Practical Ways to Build Wealth with Cryptocurrency in 2024 Through cryptocurrency, new opportunities to create big money have opened up: from being a beginner or advanced investor to getting rich quickly. In this article, we’ll explore eight popular methods to grow your wealth in the world of cryptocurrency, starting with the most reliable and widely used strategy crypto staking. Crypto Staking Yield Farming NFT Flipping Crypto Trading Initial Coin Offerings (ICOs) and Token Crypto Mining Decentralized Finance (DeFi) Lending Play-to-Earn (P2E) Games 1. Crypto Staking: Earn Passive Income with Minimal Effort Crypto...

01.11.2024
Bitcoin Whales Unstoppable, $283M Fresh BTC Purchase Amid ATH
Bitcoin Whales Unstoppable, $283M Fresh BTC Purchase Amid ATH

On November 22, 2024, all eyes are on Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as it approaches the long-anticipated $100,000 mark. With a significant price surge of over 5% in the past 24 hours, the asset has reached a new all-time high of $98,988, shifting the overall market sentiment to bullish. Bitcoin Whales Bags $283 Million of BTC Amid this bull run, Bitcoin whales appear unstoppable as they have made continuous and significant BTC purchases in the past 12 hours. Recently, a whale transaction tracker Lookonchain made a post on X (previously Twitter) that crypto whales have...

21.11.2024
Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level
Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level

The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According to recent on-chain data, the price of the altcoin seems to be approaching a significant level. This recent price action begs the question — is the Ethereum price in make-or-break season? 1.7 Million Addresses Purchased ETH At $3,000 – Here’s The Relevance In a recent post on the X platform, market intelligence platform IntoTheBlock revealed that the price of Ethereum...

03.08.2024
Designer Kenneth Cole Slipping Out of His $22M Westchester County Mansion
Designer Kenneth Cole Slipping Out of His $22M Westchester County Mansion

Kenneth Cole built a mass-market empire of footwear, clothing, and accessories. His brand is valued at over $1 billion, and his personal wealth is estimated to be north of $100 million. The designer is also the owner of a showpiece mansion in the town of Purchase, NY. Cole bought the place for $2.8 million in 1991, and it served as his family home for decades. Now, as he told Bloomberg, with his children grown, he’s ready to part with his beloved seven-bedroom residence. Marketed as “one of New York’s most prestigious estates,” it’s available for $22 million. The residence sits...

01.08.2024
Ethereum Faces Crucial Support Challenge As Whale Moves And ETF Activity Shift
Ethereum Faces Crucial Support Challenge As Whale Moves And ETF Activity Shift

Ethereum is currently at a pivotal point, with its key support level positioned around $2,700. The network is home to 11.11 million addresses holding a combined 59.07 million ETH. Data from @intotheblock indicates that approximately 3.69 million addresses each hold around 1.24 million ETH, with an average purchase price near $3,000. This price level represents immediate psychological support for Ethereum, though it remains weaker compared to the crucial $2,700 support zone. Within this broader support range, the 11.11 million addresses hold ETH at an average price of $2,647. In recent developments, Ethereum transaction fees have hit a nine-month low, with...

03.08.2024
Ethereum to drop below $2K next? Analyst says ‘it won’t be long’ because…
Ethereum to drop below $2K next? Analyst says ‘it won’t be long’ because…

contributor ETH dropped below $3k amidst greater outflows from ETFs Some analysts are now predicting a drop below $2k for the altcoin On the back of great crypto volatility amid Bitcoin’s own instability, altcoins are getting hit. In the middle of this downtrend, ETH has suffered the most over the last 7 days after dropping below $3k on the charts. As expected, this decline has worried analysts about the possible negative impact of Spot ETFs on Ethereum since their launch two weeks ago. The sustained downside has seen various analysts predicting a further decline. For starters, the founder of Schiff...

03.08.2024
Stablecoin Market Hits 2-Year High as Tether Records $5.2B Profit
Stablecoin Market Hits 2-Year High as Tether Records $5.2B Profit

You are here: Home / News / Stablecoin Market Hits 2-Year High as Tether Records $5.2B Profit Tether’s USDT has driven the stablecoin market to its highest levels in two years. According to a recent report by Intotheblock, the stablecoin sector is witnessing unprecedented growth, largely propelled by USDT’s performance. Tethe­r, the company behind USDT, announced a remarkable profit of $5.2 billion in the­ initial half of 2024, emphasizing the coin’s impressive­ growth pattern. Despite the­ market’s overall dip, USDT has continuously reache­d new peaks in July, showcasing its strength and ste­ady upward trend. Source: IntotheBlock USDT’s dominance within the­...

03.08.2024
Grayscale ETHE outflows’ tapering will have THIS effect on Ethereum’s price
Grayscale ETHE outflows’ tapering will have THIS effect on Ethereum’s price

Journalist World’s largest altcoin dropped below $3,000 on the back of negative market sentiment Receding outflows could be key now U.S spot Ethereum ETFs recorded a significant decline in outflows in the second week of trading, compared to its debut week. In the first week, the products saw net outflows of $341.3 million, exclusively driven by Grayscale’s bleeding from its ETHE and Mini Trust (ETH) products.  In particular, ETHE drove $1.5 billion in outflows in the first week of trading. However, the dumping declined in the second week – A sign that ETHE outflows could be ‘ tapering,’ according to ...

03.08.2024
A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies
A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies

Czech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan. 1, 2025. Additionally, annual crypto income below CZK 100,000 ($4,000) will be tax-free. Prime Minister Petr Fiala highlighted the policy as a move to simplify taxation, promote long-term holding strategies, and support technological innovation. The exemption also applies retroactively to digital assets acquired before 2025 if sold under specific conditions. These changes align with the European Union’s Markets in Crypto-Assets (MiCA) framework, set to standardize cryptocurrency regulations across the bloc by Dec. 30, 2024....

08.12.2024
Ethereum Price Crashes Below $3,000 As Revenues Drop To New Lows
Ethereum Price Crashes Below $3,000 As Revenues Drop To New Lows

Ethereum (ETH) recently dropped below the critical and psychological support level at $3,000 , raising concerns for ETH bulls. This development comes amid the continued decline in revenue generated on the Ethereum network . Ethereum Crashes Below $3,000  Ethereum is down below $3,000, with this downtrend believed to be due to several factors. One is the outflows, which the Spot Ethereum ETFs have been experiencing since they began trading on July 23. Data from Farside Investors shows that these funds again experienced a net outflow of $54.3 million on August 2.  These funds haven’t had the desired impact on ETH’s...

03.08.2024