Bitcoin, the leading cryptocurrency, has been facing significant negativity in the market, with prices remaining bearish. However, it has not deterred large investors from accumulating more Bitcoin in their portfolios. These investors, who hold over $600,000 worth of Bitcoin, have been actively increasing their holdings over the past six months. On-chain data from Santiment indicates
The meme coin DADDY recently experienced a significant surge of 35% in its price within a 24-hour period. This surge brought its value to approximately $0.15, with a market capitalization close to $100 million. The catalyst for this price increase was an announcement made by Andrew Tate, a former kickboxer and popular online influencer, urging
Recently, KuCoin announced that they would be implementing a 7.5% value-added tax on trading fees for their Nigerian users starting from July 8. This decision was made in response to what they referred to as “an important regulatory update.” The tax would be applied to transaction fees rather than the transaction amount itself, and it
Mark Zuckerberg, CEO of Meta, envisions a future where smart glasses will gradually replace mobile phones as humanity’s primary communication and computing devices. In a recent interview, Zuckerberg discussed Meta’s most exciting future product, smart glasses featuring cameras, microphones, speakers, and a full field-of-view (FOV) holographic display. Despite skeptics questioning Meta’s pivot from Facebook to
In a recent analysis, crypto analyst Quinten François has provided an ultra-bullish narrative for the future trajectory of Bitcoin. He suggested that Bitcoin could potentially rise to as high as $4.5 million. François highlighted the significance of Bitcoin’s fourth halving, claiming that the “fireworks” were just about to begin for the flagship cryptocurrency. According to
There is a sense of optimism among asset managers regarding the approval of the first U.S. ETFs directly investing in Ethereum by the Security and Exchange Commission (SEC). The SEC has set a deadline for ETF applicants to submit updated paperwork and amended S-1s by July 8. There are expectations of potential additional rounds of
Tom Lee, Fundstrat’s head of research, has once again reiterated his bold prediction that Bitcoin will skyrocket to $150,000. His unwavering belief in the pioneer cryptocurrency’s bullish outlook has caught the attention of many investors and analysts alike. Lee’s recent interview with CNBC Television shed light on his optimistic stance on Bitcoin’s future, stating that
Cardano (ADA) has recently experienced a retracement from its yearly high, dropping from $0.810 to as low as $0.357 in June. Despite this decrease, ADA has shown some resilience compared to Bitcoin (BTC) and Ethereum (ETH), with a 2% increase in the past 24 hours and over 12% in the past two weeks. Technical analysts
Ethereum (ETH) price experienced a setback as it dropped back to the $3,400 support level after briefly surpassing $3,500 on Monday. The delay in the price surge is attributed to the SEC’s postponement of the expected full approval for Ethereum ETF applications to July 8. Analysts were initially anticipating approval by July 2, but the
Galaxy Digital CEO Mike Novogratz recently discussed the future of cryptocurrency regulation in the US, regardless of the outcome of the 2024 presidential election. He emphasized the importance of bipartisan support for the crypto sector, stating that it cannot afford to have one party supporting it while the other opposes it. Despite some opposition from
Bitcoin’s price has recently experienced a 15% dip since reaching an all-time high in mid-March. Despite this decline, several important indicators suggest that a renewed bull run could be on the horizon. One key metric to consider is the Fear and Greed Index, which measures investor sentiment based on various factors. A ratio above 50
SBI Holdings, a renowned financial services company based in Tokyo, Japan, has made a strategic move by announcing the launch of an NFT minting service on the XRP Ledger for the upcoming World Expo 2025. This initiative is part of the ‘EXPO 2025 Digital Wallet’ project which aims to revolutionize the way attendees interact with
Billionaire investor Mark Cuban has recently advocated for changes to Form S-1 to make it easier for token-based companies to register with the SEC. This suggestion comes after SEC Commissioner Mark Uyeda criticized the agency’s current approach to crypto disclosure filings as “problematic.” Form S-1 is a registration statement required by the SEC for domestic
The year 2024 has seen a significant rise in the value of Bitcoin and Ethereum, making them the most profitable assets in the first half of the year. These cryptocurrencies have outperformed traditional investments such as the Nasdaq, S&P 500, oil, gold, the U.S. dollar, and government bonds. One of the key factors contributing to