Here's How Much Bitcoin You Need To Become a Millionaire, According To Michael Saylor

MicroStrategy Inc. Chairman Michael Saylor advocates for Bitcoin investments, declaring strong belief in Bitcoin's potential and influencing market sentiment. MicroStrategy acquired a significant amount of Bitcoin as part of their strategy, with Saylor foreseeing Bitcoin's value increasing due to factors like the upcoming halving event and the potential impact of spot Bitcoin exchange-traded funds. Saylor also highlights the impact of a new accounting standard that could encourage more corporations to include Bitcoin in their balance sheets. Predicting Bitcoin's value to potentially reach $350,000, Saylor emphasizes the bright future he sees for the cryptocurrency.

$BTC

#BTC #bitcoin #halving #Write2Earn

Stacks, Bitcoin Layers, and the Nakamoto Upgrade: Here’s What’s Going On

The modern era of crypto sees a resurgence in Bitcoin, with projects like Stacks experiencing significant growth. Stacks, tied to Bitcoin, offers unique features like faster and cheaper transactions, smart contracts, and improved yields for "stackers." An upcoming Nakamoto upgrade aims to enhance transaction speed and security, while a future sBTC upgrade seeks to bridge BTC holdings onto the Stacks blockchain in a trust-minimized manner. Stacks is also supporting BitVM to enable Bitcoin rollups, aiming to reduce trust assumptions and potentially scale by 2025. This collaboration signifies a promising future for layered Bitcoin development.

#cryptonews #btc #stx #Write2Earn
$STX $BTC

Crypto Exchange Luno Receives License From South Africa’s Financial Regulator

Luno, a cryptocurrency exchange, becomes the first firm in South Africa to receive a Financial Services Provider license from the FSCA due to the declaration of crypto assets as financial products in 2002. Christo de Wit, Luno's South Africa manager, emphasized the importance of compliance and security for customers. FSCA approved licenses for 59 cryptocurrency exchanges out of over 300 applicants, as the regulatory body aims to protect consumers from risks and financial crimes related to crypto assets. The FSCA's framework addresses the need to regulate crypto assets in response to increased consumer interest and instances of abuse and fraud in the market

#cryptonews #crypto #exchanges #Write2Earn

Bitcoin Price Prediction as BTC Jumps Above $70,000 Resistance – Time to Buy?

Bitcoin's price has risen by 2.5% in the past 24 hours, reaching $70,561. In the last week, it has increased by 6.5%, but dropped by 2% over the month. Predictions suggest a positive outlook for Bitcoin, especially with an upcoming halving event. Technical analysis indicates potential for further price rallies. There's anticipation of a significant price move, likely upward. In the near term, there may be selling pressure due to the halving event, but long-term expectations are bullish. Alternative small-cap investments like 99Bitcoins' new token (99BTC) are being recommended for potential high returns. A presale opportunity is available for interested investors at $0.001 per coin.

#cryptonews #btc #halving #Write2Earn $BTC

Bitcoin Price Surprisingly Strong As Hot US Inflation Data Throws Fed Rate Cut Story Into Doubt – Where Next for BTC?

Bitcoin price surged despite higher inflation data, impacting US bond yields and dollar. Traders reduced Fed rate cut bets due to strong US economic data. Factors supporting Bitcoin include diminishing Grayscale BTC Trust selling and upcoming halving. Long-term, rising US deficit, halving, and ETF approval could boost Bitcoin prices. Fed rate cuts may lead to Bitcoin price increase. Uncertain short-term impacts of halving, but long-term outlook is positive with potential for $100,000 price target.

#cryptonews #btc #bitcoin #Write2Earn $BTC

The SEC Plans to Sue Uniswap

The U.S. SEC issued a Wells Notice to Uniswap Labs, signalling intent to sue over the decentralized exchange. The SEC, under Gary Gensler, treats tokens as securities, despite past legal challenges. This is part of the SEC's pattern of targeting DeFi projects. Uniswap is prepared to contest this, backed by strong support. This conflict could lead to a significant legal showdown in the crypto industry.

#cryptonews #uniswap #sec #defi #Write2Earn

Will Solana’s Rough April Turn Around?

Solana's April has seen price stagnation and congestion issues but remains optimistic with a busy airdrop schedule injecting billions of dollars into the ecosystem. Airdrops like Wormhole and Tensor have brought significant capital, with more scheduled airdrops like Parcl, Kamino, and Zeta Markets contributing over $3 billion. Projects like Zeus and Jito tying into dominant narratives like BTCfi and restaking are poised for success, potentially bringing more attention and investment to Solana. The success of these developments will determine Solana's ability to capitalize on the current momentum and overcome congestion challenges.

#Solana #Sol #Write2Earn $SOL

Bitcoin Vs. Solana Vs. Shiba Inu: How Much You'd Have If You Invested $10,000 At The Start Of The Year

In 2024, Bitcoin, Solana, and Shiba Inu have been significant in the crypto market. Bitcoin's success is attributed to new buyers from ETF launches and an upcoming halving, leading to increased prices. Solana saw gains due to new meme coins causing congestion on its network. While Shiba Inu expanded its use cases, including staking and NFTs, attracting more users and boosting prices. A $10,000 investment in Bitcoin would be $17,400, in Solana $24,400, and in Shiba Inu potentially $34,200. Crypto investments have outperformed the S&P 500.

$BTC $SOL $SHIB
#btc #solana #shib #Write2Earn

Bitcoin Whales Are Hungrier Than Ever for BTC—Here’s Why

Bitcoin whales are increasing their demand for the cryptocurrency, with the highest demand ever recorded from this group of investors. This surge in demand has historically led to price increases. The current demand from these large investors has outpaced the creation of new Bitcoin for the first time, potentially resulting in a price rally following the upcoming halving event scheduled for next week. Analysts predict a price increase due to greater scarcity resulting from the halving and the flow of capital into the market through popular Bitcoin spot ETFs. The price of Bitcoin has risen significantly this year, currently trading at around $69,316 per coin after reaching an all-time high of nearly $74,000 last month, compared to under $45,000 at the start of the year.

#BTC #BITCOIN $BTC #Write2Earn

Founder of Taiwan’s Ace Exchange Indicted in $10.7M Fraud Case

Taiwanese court indicted Ace Exchange founder David Pan and six others in a money laundering and crypto fraud case involving $10.7 million. Pan defrauded 162 individuals through a fake cryptocurrency product on an offshore platform. Victims lost access to their funds, leading to charges against Pan and his collaborator Lin, who was arrested with millions in cash and cryptocurrencies. This incident, along with other cases in Taiwan involving crypto fraud and money laundering, has prompted authorities to implement regulations to protect investors, with new digital asset laws set for September 2024.

#cryptonews #news #Write2Earn

Best Crypto to Buy Now April 9 – Fantom, Toncoin, Ethena

Cryptocurrencies like Bitcoin and Ethereum are experiencing a 4% decline. Other major cryptos, including BNB, Solana, and Dogecoin, are down 2-7%. The market is in a rangebound pattern, with doubts surrounding the upcoming Bitcoin halving. Traders are exploring altcoins with potential opportunities as a precaution against a prolonged decline. Some top performers currently are Fantom (FTM), Toncoin (TON), and Ethena (ENA), with the potential for significant gains. Another option for high-risk, high-reward investments is participating in crypto presales, offering early investors substantial returns.

#FTM #TON #ENA #Write2Earn #Blockchain

$BTC $ETH $BNB

Crypto Influencer's DJ 'Marshmello' Stunt Went Horribly Wrong—Or Did It?

During the NFT NYC conference, a fake Marshmello DJ caused a stir by promoting a meme coin in a Tesla Cybertruck stunt in Times Square. The real Marshmello denied involvement and threatened legal action for the deception. The stunt's purpose was to gain attention, not promote a coin. The involvement of notable figures like SolJakey and Rohun Vora added to the spectacle. The incident raises concerns about trust and authenticity in the crypto world. Despite controversy, legal action from Marshmello has not materialized yet.

#NFT #Controversy #crypto #Write2Earn

US Has No Authority to Prosecute DeFi Trades, Says Lawyer for Mango Markets Hacker

Avraham Eisenberg is accused of defrauding the Solana DeFi trading platform Mango Markets of over $100 million in 2022. The fact that Eisenberg drained the platform is uncontested. The trial is focusing on whether his actions are subject to U.S. criminal law. Eisenberg's attorney argues that the charges of commodities fraud and manipulation may not apply if prosecutors fail to prove that the assets involved were commodities. The U.S. government portrays Eisenberg's actions as a high-tech version of old-fashioned fraud. Eisenberg's exploit involved selling and buying MNGO tokens on Mango Markets, causing insolvency. He claimed the exploit was legal. The SEC, Mango Labs, and the CFTC have all taken legal action against Eisenberg.

#SEC #US #SOLANA #MNGO #Write2Earn
$SOL

SEC Punts on New York Stock Exchange Bitcoin ETF Options

The U.S. Securities and Exchange Commission delayed a decision on allowing spot Bitcoin ETFs options on the New York Stock Exchange, extending the review period to the end of May 2024. The SEC faces criticism for its delays, impacting its credibility, according to finance professor James Angel. The SEC's approval of Bitcoin Futures ETFs contrasts with the stalled progress of Bitcoin ETF approvals due to bureaucracy. Despite approving spot Bitcoin ETFs in January, the SEC has yet to approve spot Ethereum ETFs, including proposals from Invesco, Galaxy Digital, and Ark/21Shares.

$BTC $ETH $SOL

#btc #eth #sol #SEC #Write2Earn

EigenLayer restaking platform and EigenDA data availability layer debut on Ethereum mainnet

EigenLayer and EigenDA were recently launched on the Ethereum mainnet, providing restakers the ability to delegate their entire stake and operators the option to run an actively validated service. EigenLayer allows staking for ether and earning a liquid staking token, which can be restaked for additional rewards through EigenPod. The ecosystem is evolving, with expectations of new operators, delegations, and AVSs coming online. The mainnet launch lacks in-protocol payments to operators or slashing, as EigenLayer aims to stabilize before introducing these features. EigenLayer has over $13.4 billion TVL, surpassing $10 billion on March 3, 2024. EigenDA, launched in Sept. 2023, focuses on reducing data storage costs for Ethereum Layer 2 rollups, benefiting various decentralized applications. Andreessen Horowitz invested $100 million in EigenLayer's developer, EigenLabs, earlier this year.

#EigenLayer #EigenDA #Write2Earn

The Year of Crypto's Modular Expansion

Modular blockchains revolutionize crypto with specialized functions, emphasizing scalability and efficiency. They divide blockchain functions into modules for optimal performance. Celestia and Dymension are leading modular ecosystem projects, defining the future of blockchain. Data Availability layers verify block data securely, including altDA solutions like Celestia's Data Availability Sampling. Execution layers like altVMs introduce parallel execution for improved throughput and user experience. Ethereum remains a key settlement layer, with rollups leveraging its security properties. Interoperability protocols like Hyperlane and Union Build unify the expanding modular ecosystem. Sovereignty is a core principle in modularity, aiming for a diverse and innovative blockchain landscape. The modular expansion promises a future of adaptable chains, enhanced developer experiences, and widespread blockchain adoption.

$BTC $ETH $SOL

#blockchain #btc #eth #sol #Write2Earn

#sec VanEck, CoinShares CEOs not feeling very optimistic about SEC's approval of spot Ethereum ETFs: CNBC

Firms with SEC-approved bitcoin ETFs are doubtful about similar approval for ethereum ETFs, despite applications from companies like Fidelity and BlackRock. VanEck CEO predicts rejection for VanEck's Ethereum ETF in May. CoinShares CEO and Bloomberg ETF analyst share pessimism about SEC approval for ether ETFs this year. Expectations have declined since SEC's January approval of 11 bitcoin ETFs. Analyst Balchunas lowered odds of Ethereum ETF approval from 70% to 30% for May. Lack of communication from SEC contributes to uncertainty among firms seeking approval.

#ETH🔥🔥🔥 #ETFs✅ #SEC #Write2Earn
$ETH

Protected Timeline for Shiba Inu to Hit $0.000938 and $0.00943

While the math is straightforward, the journey to these price targets would not be as smooth. Shiba Inu has faced stern opposition in its path to clinch higher values. However, market watchers maintain optimism, as SHIB faces minimal resistance on the path to the ATH at $0.00008845.

Breaking this price could set the stage for more substantial values. Based on this prospect, crypto exchange Changelly expects Shiba Inu to record $0.000938 as its minimum price in July 2033. However, they believe the $0.00943 value would stand as SHIB’s average price in May 2040.

Meanwhile, the analytical platform Telegaon expects Shiba Inu to reach the $0.000938 level in 2035, predicting a minimum SHIB price of $0.000921 and an average value of $0.000989 that year.

According to Coincodex, Shiba Inu will reach no more than $ 0.000111 by 2030.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

#Write2Earn

Returns on $1,000 in Shiba Inu at $0.000938 and $0.00943

We considered an initial investment of $1,000 to evaluate these prospective returns. If a market participant decides to purchase Shiba Inu with $1,000 at its current price of $0.00002650, such an individual would procure 37,735,849 (37.73 million).

These tokens, while currently valued at a low price, could record massive growth in worth if Shiba Inu claims some of the projected price highs. 

For instance, if SHIB surges past its $0.00008845 all-time high to hit $0.000938, the 37.73 million tokens would be worth $35,396. At this price, the returns on the initial $1,000 investment would stand at a whopping $34,396.

In addition, should Shiba Inu record a higher price rally to the ambitious $0.00943 value, the worth of the 37.73 million SHIB would increase to $355,849. Such a surge would represent impressive returns of $354,849.

#Write2Earn #SHIBAInsights #SHIBArmy!"

Returns on $1000 Invested in Shiba Inu at $0.000026 if SHIB Hits $0.000938 and $0.00943

HomeCrypto NewsMarketReturns on $1000 Invested in Shiba Inu at $0.000026 if SHIB Hits $0.000938 and $0.00943

Returns on $1000 Invested in Shiba Inu at $0.000026 if SHIB Hits $0.000938 and $0.00943

Shiba Inu SHIB

Shiba Inu investors could see substantial returns on their investments if they procure $1,000 worth of the asset at current prices before a surge to $0.000938 or $0.00943.

The crypto market holds immense promise due to its penchant for sharp price surges. Shiba Inu has in the past leveraged this inherent volatility to make millionaires out of investors. With the asset showing promising signs in recent times, market participants have begun paying attention again.

Banking on historical precedence, these investors are awaiting a repetition of the 2021 rally during this bull market as projections of lofty price targets abound. However, the important question remains: how much could investors make if these projections materialize?

#Write2Earn #SHIBAInsights #ShibaArmy