Max Keiser, a Bitcoin maximalist, alleged to his 550,000 followers on X that he considered Ark Invest CEO Cathie Wood’s recent statements about a Bitcoin exchange-traded fund (ETF) to be false. “This is misleading,” he declares in a post on X (formerly Twitter). Cathie Wood Says Bitcoin ETF is Quick and Efficient for Institutions Cathie […]
Capital Fund Poised to Invest Billions in the Web3 Industry
At a digital economic development conference, GBA Capital Fund reportedly declared its investment of more than $10 billion in the Web3 industry, covering Metaverse, non-fungible tokens (NFTs), and real-world assets (RWA). This aligns with the current hype and speculation leading into 2024 surrounding the crypto market and the recent surge in prices. Big Pledges Were […]
Trader Says Ethereum Primed to Take Over Market as ETH Rallies
Amidst a crypto market where Bitcoin, Solana, and Bonk have soared, Ethereum is poised to shine, says trader Michaël van de Poppe. Also, trader Altcoin Gordon’s decision to sell Solana for a new “hot layer 1” highlights the speculative and cyclical nature of the crypto market. And while metrics like NFT dominance shifting away from […]
Polygon zkEVM: Of rising adoption and MATIC’s reaction
zkEVM’s average gas price started to drop after increasing on the 16th of December. MATIC was up by over 18%, and social sentiments turned bullish. Polygon [MATIC] zkEVM has come a long way this year since its launch. Inasmuch, Sandeep Nailwal, the co-founder of Polygon, took to X (formerly Twitter) to highlight one of the […]
SEC’s Stance On Crypto ETFs Sparks Backlash From Industry Experts
The U.S. Securities and Exchange Commission (SEC) is facing criticism from influential figures in the finance and crypto sectors over its approach to crypto exchange-traded funds (ETFs). The SEC has not yet approved any spot Bitcoin ETFs, which would track the price of the underlying asset, despite the growing demand and optimism from the market. […]
MicroStrategy Expands Bitcoin Portfolio to Nearly $6 Billion in Latest Purchase
MicroStrategy, led by Michael Saylor, continues its Bitcoin acquisition, purchasing 14,620 more bitcoins at an average price of about USD $42,110 each, increasing its total holdings to 189,150 bitcoins. Michael Saylor predicts Bitcoin will reach USD $10 million per coin within 25 years, stabilising at an annual growth rate of 15%, and believes many will […]
Cathie Wood Bullish on Solana, Points to Developer Engagement
Cathie Wood, The Ark Invest founder praised Solana’s resilience after the FTX exchange collapsed and cited its strong developer support. Wood credits developer confidence for Solana’s recovery and sees smart contracts and DeFi projects gaining prominence. Global Macro Investor CEO advises investors to be wary of FOMO and suggests a long-term HODL strategy is the […]
Ripple May Dump Over 96 Million XRP Soon
Ripple’s strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics. (Read More)
EOS Price Analysis: Rally Extends, Bulls Aim For $1
EOS price started a fresh increase above the $0.78 resistance against the US Dollar. The price is now trading above $0.80 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.855 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair […]
End of the Road for Bonk? Solana Meme Coin Nosedives Towards Zero
Solana’s price has burst past USD $100, with native memecoin BONK caught up in the hype. However, the bubble appears to have burst, with BONK trading 21% lower over the past 24 hours. It appears BONK’s peak coincided with the news of the Solana phone, Saga, selling out. Meme coins are extremely volatile and are […]