Author: Sam Allcock

Bhutan’s embrace of Bitcoin has sent ripples through the global economic landscape. The small nation now holds a substantial portion of its GDP in Bitcoin, capturing worldwide attention.This development highlights Bhutan’s strategic investments in cryptocurrency mining, positioning it as a leader in digital currency innovation. Such a move is both daring and forward-thinking, potentially reshaping national economic strategies.Bhutan’s Strategic Leap into BitcoinBhutan’s strategic leap into Bitcoin marks a significant shift in economic priorities. Leveraging its abundant hydropower resources, the country has ventured into cryptocurrency mining, positioning itself as a prominent player on the global Bitcoin stage. Holding approximately 13,093 BTC,…

Explore the promising altcoins ready to shine in the next crypto bull run. These digital assets are positioned to offer significant growth potential.With an evolving market, astute investors look towards altcoins promising explosive gains. Key players such as 5thScape, Solana, Avalanche, and WIF present noteworthy opportunities.5thScape: A Pioneer in Decentralized Finance5thScape, operating on the Ethereum blockchain, is poised to revolutionize the virtual reality sector by leveraging modern implementations of smart contracts. It stands out due to its provision of privacy and scalability solutions, making it a formidable contender in the industry. Notably, its unique consensus mechanism enables high-speed transactions while…

As India anticipates an extraordinary 3.5 million weddings between November and December 2024, the demand for gold is expected to surge. This traditional blend of culture and investment is poised to significantly influence global gold prices.Gold holds a special place in Indian weddings, symbolising wealth, tradition, and auspiciousness. Every couple, regardless of their socio-economic status, often integrates gold into their wedding ceremonies. From jewellery to gifts, gold’s presence is ubiquitous, making it indispensable during these celebrations.Retail investors and institutional funds in India have been steadily increasing their gold reserves since 2022. The allure of gold as a stable investment amid…

The final quarter of 2024 has sparked significant interest within the cryptocurrency market. Historically, these months have exhibited robust performances, especially for Bitcoin.As Q4 unfolds, investors keenly observe major cryptocurrencies for potential growth, making it a pivotal period for market strategies.October has marked a period of renewed optimism in the crypto market, often dubbed as Pumptober due to its characteristic price surges.Recent social media analyses indicate a historical trend where September is bearish, but October brings bullish momentum, further highlighted by Bitcoin’s anticipated Q4 performance.Bitcoin is predicted to end the year positively, possibly reaching highs of $92K, presenting bullish opportunities…

Meme coins like MEW and Popcat are capturing the spotlight by defying market trends with significant price surges.Investors and enthusiasts are closely monitoring these coins for their potential to disrupt traditional market patterns.MEW’s Remarkable AscentThe meme coin, MEW, has captured significant attention with its impressive growth, increasing by 10.985% within a single day to reach a value of $0.005490. This surge, depicted in trading charts, highlights a resurgence in the cat-themed meme coin market, demonstrating the vibrant appeal and investor interest in such digital assets.Social media activity reflecting MEW’s popularity saw a notable increase of 440.5% according to data from…

ONDO has shown remarkable resilience, breaking past the $0.68 support. This development paves the way for a potential rise towards the $2.00 resistance, buoyed by strong market momentum.The token’s performance has sparked significant interest, particularly with bullish indicators such as RSI and MACD signalling continued upward movement. Analysts are keenly watching ONDO as it eyes new heights.The recent breakout of ONDO from its $0.68 support level to $0.743475 highlights its upward trajectory in the market. The token, showing a 3.02% increase in the last 24 hours, underscores growing interest and liquidity. This positive shift points towards heightened trader engagement and…

Cardano (ADA), a prominent cryptocurrency, has shown remarkable growth, outperforming major crypto projects by market capitalisation. This surge is raising questions about whether it can reach the $0.50 mark soon.Over recent charts, ADA has demonstrated significant progress, with a 9% increase this week alone. Despite occasional setbacks, its trajectory remains promising.Cardano’s recent upward trend can be attributed to key developments within its ecosystem. Helix Labs’ recent $2 million funding to enhance ADA’s DeFi capabilities is a major driving factor. This advancement allows ADA holders more flexibility by enabling them to stake and use their coins simultaneously in various financial applications.…

El Salvador, known for its trailblazing move to adopt Bitcoin as legal tender, continues to face an uphill journey in its widespread adoption.The figures reveal that merely 1.1% of remittances utilise cryptocurrencies, highlighting a gradual but complex transition towards digital currencies.Bitcoin’s Legal Tender Journey in El SalvadorEl Salvador gained international attention when it became the first nation to recognize Bitcoin as legal tender, marking a pioneering step towards a digital financial future. Under President Nayib Bukele’s leadership, cryptocurrencies were legalized in 2021. The Central Bank of El Salvador now possesses 5,748 BTC, which is valued at approximately $363,836,214, with Bitcoin…

The recent endorsement of AI and cryptocurrencies by U.S. Vice President Kamala Harris has sent ripples through the cryptocurrency market. This development resulted in a noticeable surge in the value of Fetch.ai (FET).Within the last week, FET has seen a significant increase, propelled by the Vice President’s public support, marking a positive trend in AI-related tokens. The impact on the overall market sentiment towards digital assets is noteworthy, suggesting broader acceptance of these technologies.On 22nd September, U.S. Vice President Kamala Harris made a pivotal speech in New York, endorsing artificial intelligence and digital assets. Her remarks, a first in these…

Shiba Inu (SHIB) has seen remarkable growth since its inception, captivating cryptocurrency enthusiasts.The focus now lies on the potential for SHIB to reach 15 cents, a significant milestone in its journey.The cryptocurrency market is currently experiencing a phase of consolidation, with major coins like Bitcoin stabilising around $63,000. Shiba Inu, in parallel, follows the market trends, showing a slight dip of 1.3% over the day and 4.6% monthly. However, SHIB’s resilience is noteworthy, having surged 95.5% since September 2023.To achieve the 15 cents target, Shiba Inu must experience an astronomical price increase of over 1 million per cent from current…