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The Crypto Basic

Latest coverage curated from The Crypto Basic

Cryptocurrency news platform providing fundamental analysis and market insights for digital assets.

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Cardano Founder Predicts New Timeline for Bitcoin to Hit $250,000

Cardano Founder Predicts New Timeline for Bitcoin to Hit $250,000

Cardano founder Charles Hoskinson has voiced strong optimism about the future of cryptocurrencies, forecasting that Bitcoin could more than double in value by next year. Hoskinson shared a bold outloo...

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1 min
Expert Says Your Chance to Front-Run Institutional XRP Buying Has Been Extended

Expert Says Your Chance to Front-Run Institutional XRP Buying Has Been Extended

The U.S. government shutdown has introduced fresh uncertainty into the crypto market, particularly surrounding the arrival of XRP ETFs. Visit Website...

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1 min
$3.6T JP Morgan Says Bitcoin Undervalued Against Gold, Could Rally to $165,000

$3.6T JP Morgan Says Bitcoin Undervalued Against Gold, Could Rally to $165,000

Top US bank JP Morgan has continued to predict that Bitcoin would follow the trajectory of gold, this time citing the volatility adjustment metric. JP Morgan claims that Bitcoin is undervalued compare...

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1 min
Bitcoin Price Rally Targets $130K as Fibonacci Extension Comes Into Focus

Bitcoin Price Rally Targets $130K as Fibonacci Extension Comes Into Focus

As Bitcoin maintains its rebound push, market analysts are now eyeing a new all-time high at the 1.618 Fibonacci extension. Specifically, market watcher Jake Wu points out that Bitcoin is moving towar...

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1 min
Bitcoin Sees Historic $3.7B Profit-Taking in One Day as Price Rebounds to $119K

Bitcoin Sees Historic $3.7B Profit-Taking in One Day as Price Rebounds to $119K

Bitcoin witnessed a surge in profit-taking activity as investors locked in more than $3.7 billion in gains in a single day. CryptoQuant analyst Caueconomy highlighted this development in his latest up...

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1 min
US Treasury Eases Tax Rules on Bitcoin Holdings

US Treasury Eases Tax Rules on Bitcoin Holdings

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have formally clarified that corporations will not be subject to taxation on unrealized gains on Bitcoin under the Corporate ...

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1 min
Here Is the Only Way Shiba Inu Can Come Back to Life

Here Is the Only Way Shiba Inu Can Come Back to Life

While critics often dismiss Shiba Inu as a “dead token,” addressing the project’s core issues could help revive its momentum and potentially breathe new life into SHIB. Shiba Inu has struggled to rega...

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1 min
Stripe Eyes US Banking Licenses to Expand Stablecoin Operations

Stripe Eyes US Banking Licenses to Expand Stablecoin Operations

Stripe is preparing to seek key banking licenses in the United States as it advances its stablecoin issuance efforts. According to The Information, the global payment firm is planning to apply for a n...

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1 min
Shiba Inu Approaches Major Rebound Zone — Will SHIB Bounce

Shiba Inu Approaches Major Rebound Zone — Will SHIB Bounce

Renowned crypto analyst Coinvo recently highlighted that Shiba Inu is approaching a critical level. Despite stating that Shiba Inu was nearing a "major resistance level," the accompanying chart sugges...

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1 min
Bitcoin Leads $812M Weekly Outflows from Crypto Funds as US Macro Data Rattles Markets

Bitcoin Leads $812M Weekly Outflows from Crypto Funds as US Macro Data Rattles Markets

Crypto asset investment products experienced a notable pullback last week, led by Bitcoin, with outflows totaling $812 million. Despite this short-term dip, the year-to-date inflows remain strong at $...

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1 min
Ethereum Whale with $2.9B Awakens After 8 Years to Move its ETH

Ethereum Whale with $2.9B Awakens After 8 Years to Move its ETH

A long-dormant Ethereum whale has re-emerged after more than eight years of silence. Blockchain tracking platforms and analysts confirmed that approximately 200,000 ETH, worth around $800 million, mov...

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1 min
Tether CEO Says First Movers in Bitcoin Adoption Will Reap Major Benefits

Tether CEO Says First Movers in Bitcoin Adoption Will Reap Major Benefits

Paolo Ardoino, the CEO of leading stablecoin issuer Tether, emphasized that the greatest rewards will be reserved for those who adopt Bitcoin early. Speaking in a recent episode of the Blockstream Tal...

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1 min