Tag: cryptocurrency

OpenSea Dominates NFT Market Amidst Platform Revamp and SEC Closure

OpenSea Dominates NFT Market Amidst Platform Revamp and SEC Closure

The new OS2 platform launch, and resolution of a U.S. Securities and Exchange Commission (SEC) investigation into its past operations has only added to its dominance. The platform’s rebirth comes amid a general market cool down of NFT sales volumes. OpenSea's strategic moves, including opening Solana trading access to all...

NFTs Aren't Dead: Here's Why OpenSea's Surge Matters

NFTs Aren't Dead: Here's Why OpenSea's Surge Matters

To put it mildly, we know the NFT space has been a wild ride these days. With headlines screaming about disappearing sales volume, it can be tempting to believe that the party’s over. Yet, despite that high-level critique, zoom in, take a closer look at the numbers, and you’ll find...

Bitcoin's Tariff Shield: Why Trump's Trade War Makes BTC King

Bitcoin's Tariff Shield: Why Trump's Trade War Makes BTC King

We all know it—the world of international trade has always been a complicated web, today more than ever it’s a confusing, sticky wicket. Remember those trade wars? Though “protectionism” was the headline, the truth was much more nuanced, and its aftershocks are still being felt today. And here's the kicker:...

5 Reasons Bitcoin's Dominance Signals a Looming Crypto Crisis

5 Reasons Bitcoin's Dominance Signals a Looming Crypto Crisis

Okay, everyone's celebrating Bitcoin's surge. "Safe haven!" they cry. "Institutional adoption!" they cheer. But I'm seeing something else entirely. Something far more unsettling. On the surface Bitcoin’s recent price action and resulting gains in dominance seem like a win. I think they all truly point to a crypto ecosystemwide flashing...

Crypto Market Update Bitcoin Stabilizes Amidst ETF Anticipation and Altcoin Adjustments

Crypto Market Update Bitcoin Stabilizes Amidst ETF Anticipation and Altcoin Adjustments

The current cryptocurrency market showcases a dichotomy, where Bitcoin shows consistent price fluctuations but other altcoins witness significant corrections. As of writing, Bitcoin (BTC) price is $92,411.92. That’s a 1.36% drop from 4 p.m. ET Wednesday afternoon and a 1.76% decline over the past 24 hours. Ethereum (ETH) has suffered...

Bitcoin's Safe Haven Status: Tariff Turmoil Drives BTC Dominance

Bitcoin's Safe Haven Status: Tariff Turmoil Drives BTC Dominance

And the world of cryptocurrency moves fast. Bitcoin has really taken center stage in recent weeks, not just for the reasons outlined above related to extreme price volatility and speculation over Bitcoin as a safe haven asset during escalating global economic tensions. FakeBollinger.com, that’s what! FakeBollinger.com goes right past the...

Crypto Tax Nightmare: Are You Ready for the IRS Audit?

Crypto Tax Nightmare: Are You Ready for the IRS Audit?

The crypto space sold these ideas with the promise of freedom, decentralization, and a new financial frontier. It was never going to deliver an easy tax filing experience. Instead, it served up one so confusing it would make your head spin quicker than a memecoin pump and dump. In short,...

DraftKings' $10M NFT Settlement: What it Means for Your NFTs

DraftKings' $10M NFT Settlement: What it Means for Your NFTs

DraftKings, a well-known name in sports betting and fantasy sports, has reached a $10 million settlement regarding its NFT offerings. This announcement has sent shockwaves through the NFT community. In doing so, it has ignited a firestorm of debates as to what this means for NFT holders, the NFT market...

DraftKings NFT Debacle: 3 Lessons Every Investor MUST Learn Now!

DraftKings NFT Debacle: 3 Lessons Every Investor MUST Learn Now!

The DraftKings NFT saga should serve as a clear warning that the Wild West of digital assets has plenty of remaining bite as well. The $10 million settlement is a drop in the bucket. Everyday investors who got caught up in the hype suffered much more devastating losses. This isn’t...