Bitcoin (BTC) is currently trading at $66,413.62, a  3.78% drop in the last 24 hours. With a market capitalization of $1.3 Trillion, it ranks as the largest cryptocurrency by market cap. The 24-hour trading volume for BTC stands at over  $54 Billion as of writing, which is the second-highest amongst other Cryptos. BTC Data Chart (Source: CoinMarketCap) The volume-to-market cap ratio for the past 24 hours is 4.19%, indicating a relatively high trading activity, while its circulating supply is at over 19 Million BTC, which is 93.60% of the total supply of 19,656,556 BTC.  BTC 1- Day Technical Analysis   Bitcoin…

Here, we’ll explore several strategies individuals can employ to reduce crypto taxes in the USA Cryptocurrency trading has become increasingly popular in recent years, with individuals seeking to capitalize on the potential gains in this volatile market. However, as with any investment, tax implications are a significant consideration. In the United States, the IRS treats cryptocurrencies as property, subjecting them to capital gains taxes. Therefore, crypto investors need to implement strategies to minimize their tax liabilities. HODLing (Hold On for Dear Life): One straightforward strategy to minimize crypto taxes is to hold onto your investments for the long term. By…

Unlocking Potential: Explore the Top 10 AI Cryptocurrencies for Investment in 2024 in this article. As the world embraces the transformative power of artificial intelligence (AI) and blockchain technology, the intersection of these two fields gives rise to a new wave of innovation: AI cryptocurrencies. These digital assets leverage AI algorithms and machine learning techniques to revolutionize various aspects of the crypto space, from trading and investment strategies to decentralized finance (DeFi) applications. In 2024, investors are increasingly drawn to AI cryptocurrencies for their potential to deliver higher returns and innovative solutions to complex challenges. This article explores the top…

Solana (SOL) has seen a remarkable uptrend recently, solidifying its position as one of the top cryptocurrencies by market capitalization. Over the last 7 days, SOL has surged by an impressive +30%, according to the latest market data by CoinMarketCap. SOL  7-Day Price Chart (Source: CoinMarketCap)  At the time of writing today, March 16th, 2024, SOL was trading at $193.46 zone, reflecting a 10.24% gain over the last 24 hours. This impressive performance has propelled Solana’s market capitalization to a staggering $85.8 billion, securing its rank as the fifth-largest cryptocurrency by market cap. SOL 1- Day Price Chart (Source:…

Indian stock markets faced a downturn on Friday as the BSE Sensex and Nifty50 traded in negative territory, mirroring global trends amid concerns about potential interest rate changes in the US. The BSE Sensex plummeted by 500 points, while the Nifty50 dipped below the $2200 mark. This bearish sentiment was further fueled by investors’ anticipation of stress test results on small- and mid-cap mutual funds, aimed at assessing potential risks in these segments. At 10:54 AM, the BSE Sensex was observed trading at 72643.43, experiencing a decline of over 453 points or 0.59%. Similarly, the Nifty50 stood at 21,999.30, down…

From Pepe to Dogecoin, let’s explore a selection of cryptos under US$1 The cryptocurrency market is renowned for its volatility and potential for exponential growth. While Bitcoin and Ethereum dominate headlines with their high prices, there are numerous lesser-known cryptocurrencies trading for less than US$1 that hold significant potential. These digital assets, often referred to as “penny cryptos,” can offer substantial returns for investors willing to take calculated risks. In this article, we’ll explore a selection of cryptos under US$1 that have demonstrated remarkable performance and possess the potential to skyrocket in 2024. Pepe (PEPE) Price: $0.000009332 30-Day Change: +763.65%…

Unveiling the Mysteries of Binance Coin: Functionality Explored and Demystified Cryptocurrencies have revolutionized the financial landscape, offering innovative solutions to traditional banking and investment systems. Among these digital assets, Binance Coin (BNB) has emerged as a notable contender, playing a pivotal role within the Binance ecosystem and beyond. BNB functions as a utility token, providing users with discounts on trading fees and access to various Binance services. Moreover, its integration with the Binance Smart Chain and deflationary token burning mechanism contribute to its versatility and long-term value proposition. As investors increasingly recognize the potential of cryptocurrencies, understanding Binance Coin’s functionalities…

Dogecoin’s price dipped 12% in 24 hours: What’s behind the rally and what’s next for the crypto Dogecoin, the popular meme coin, has climbed to 9th place on CoinMarketCap, showcasing notable progress in the market. Over the past few weeks, Dogecoin’s price has experienced a significant surge, registering a remarkable 108% increase within just a month. As of now, the price of Dogecoin stands at $0.1621361, marking a 13.34% decline over the past 24 hours. Despite this recent dip, Dogecoin’s market capitalization remains substantial at $23.23 billion. Year-to-date, Dogecoin has shown strong growth, with an increase of 80.60%. This positive…

A closer look at the recent market correction as Bitcoin’s price drops 6.92% Bitcoin has recently encountered volatility, once again drawing the attention of both cryptocurrency enthusiasts and skeptics. In a rapid turn of events, the primary cryptocurrency witnessed a sudden drop, plunging to as low as US$67,000, marking a significant decline of over 7% within 24 hours. This abrupt downturn has reignited conversations regarding Bitcoin’s stability and long-term outlook. Notably, a prominent critic of Bitcoin, Peter Schiff, garnered headlines with a surprising admission of remorse. Schiff, a strong proponent of traditional investments like gold, disclosed that he missed a…

Indian equity benchmarks shares closed on Friday, 15th, 2024, with the Sensex shedding 454 points and the Nifty closing at 22,023, as caution towards mid- and small-cap stocks continued to dampen broader market sentiment. However, market experts remain optimistic about a potential rebound, citing moderating global commodity prices and an upward revision of India’s GDP forecast for the fiscal year 2025 as tailwinds that could highlight robust domestic demand. BSE Sensex Retreats Amid Market Volatility The BSE Sensex experienced a significant decline, shedding 453.85 points (0.62%)  to close at 72,643.43. This downward movement reflects investor sentiment and the prevailing market…