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Showing posts with the label asset

What Happens to $1,000 in Dogecoin If It Hits Its All-Time High

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The OG meme cryptocurrency, Dogecoin (DOGE), was one of the earliest assets in the market. The asset was started as a joke but has managed to make headlines across the globe. The meme coin has garnered support from a wide range of individuals and institutions. DOGE has even managed to catch the eye of the world’s wealthiest man, Elon Musk. While the cryptocurrency has recorded notable growth over the years, after reaching its peak in 2021, DOGE has been moving rather slowly. This article dives into how much a dainty investment today could rise if the meme coin reclaims its all-time high. Also Read: Pi Coin Drops 24.13% Overnight—What’s Next for Investors? How High Is Dogecoin Trading Today? Source: Watcher Guru The world’s largest meme coin recorded a massive drop of 3.46% over the past 24 hours. At the time of writing, Dogecoin was trading at $0.1676. The last couple of months of 2024 and the beginning of 2025 have been extremely bullish for the asset. Dogecoin managed to r...

Bitcoin has hit $100,000 and is the world's 7th largest asset

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Bitcoin’s (BTC) price hit $100,000 at 02:38 am (GMT) and is currently the seventh largest asset in the world with a market cap of over $2 trillion. This puts it ahead of the likes of silver, tech conglomerate Meta, and Elon Musk’s Tesla — a huge achievement for the currency that once upon a time, struggled to cross the $1,000 threshold. Needless to say, many crypto proponents are celebrating the occasion. MicroStrategy chief Michael Saylor, who’s built a career selling shares of his company to buy ridiculous amounts of BTC, announced, “There is going to be a 100K Party. ” Coinbase CEO Brian Armstrong also marked the milestone, claiming that if someone had bought $100 worth of BTC in June 2012 and held on, it would be worth $1.5 million today. On the flip side, he pointed out, $100 in USD would have dropped in price by $27. $100 worth of bitcoin bought in June 2012 would be worth $1.5 million today. Podcaster and Bitcoin supporter Peter McCormack was particu...

R. Kiyosaki: America faces same end game as Roman Empire; Names assets to buy

Renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad ‘, Robert Kiyosaki, has continued to express concerns about the trajectory of the American economy and highlighted the need for strategic investments to safeguard against potential fallout. In an X (formerly Twitter) post on February 10, Kiyosaki drew historical parallels, comparing the current state of the United States and the decline of the Roman Empire. Kiyosaki. With the fall of the Roman Empire, Kiyosaki pointed to the historical tendency of great powers to face similar challenges in their twilight years. In both cases, he noted the prevalence of extravagant spectacles and the growing debt in the US.  He suggested that similarities arise when considering that the Roman Empire’s decline witnessed the currency’s devaluation to meet military and financial obligations. Picked for you Only 4 U.S. hedge funds beat DeFi in asset s under management 18 h...

A taxing year for digital assets begins

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A bull market for digital assets is on the horizon for 2024. With abundant investment opportunities abound digital asset investors should be aware that the IRS announced that during 2024, it would focus on compliance initiatives associated with digital assets, FBAR, high-income and high-wealth taxpayers. You might also like: Raising funds for climate change with digital assets at COP28 The veil on the identity of Satoshi Nakamoto, the author of Bitcoin’s White Paper that proposed the blockchain-based decentralized cryptocurrency,  still has not been lifted.  This  “‘identity issue,’ namely whether Dr. Craig Wright is the pseudonymous ‘Satoshi Nakamoto,’ i.e., the person who created Bitcoin in 2009” or not, according to High Court Judge John Mellor, is still being litigated in the United Kingdom with the support of Bitcoi...

Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining

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Market analyst Charles Edwards says that while there are good reasons to exercise caution, investors’ risk off sentiments and expectation of a recession could be overblown. The U.S. stock market approaches a crucial turning point as uncertainty over inflation rises after hotter-than-expected economic data released in February. Despite mounting investor worries, the economy is showing signs of resilience that could protect against a significant downside move.  The escalating risk-off sentiment in the market is also creating volatility for Bitcoin (BTC). The leading crypto asset, which has had a strong correlation with the U.S. stock market, moved oppositely to the stock market in February. The correction between BTC and Nasdaq turned negative for the first time in two years. However, with the crypto bulls pausing at the $25,200 level, the risks of a downturn alongside stocks are increasing. While there’s certainly a reason to maintain caution until the release of new economic data and ...