MEMEAI, another creation of meme coin lovers solely based on Elon Musk’s tweet, has been trending in the crypto market recently. As the crypto market has shown signs of recovery, the meme coins, including MEMEAI, are among the first altcoins that took the hint of the surge and gained their peaks back. So, in this […]
Crypto Firm Bakkt Expands Globally When Bitcoin ETFs Are Driving Market Evolution
Crypto solutions company Bakkt Holdings said it is expanding cryptocurrency operations across new international markets. In a statement on Wednesday, Bakkt confirmed collaboration with existing clients, stock trading platform Hapi and digital brokerage SogoTrade. In Latin America, Bakkt is now live in Brazil and Guatemala, adding to its existing presence in Argentina and Mexico. It has launched […]
Meta’s Continued AI Spending Spree Overshadows Robust Q1 Earnings
Tech giant Meta’s AI spending spree has hurt investors’ sentiments despite good quarterly results. The shares of the company took a downward turn despite having reported a robust result. Financial Times reports that the firm also raised its capex guidance, giving a hit to investor sentiments. Meta’s AI Spending Spree Sends Shares Down According to […]
Shiba Inu Burn Rate Soars 4200% With Over 410.7 Tln SHIB Removed
In a fiery display, SHIB, a prominent player in the meme coin realm, has witnessed an astonishing surge in the Shiba Inu burn rate, surpassing expectations and leaving a trail of over 410.7 trillion SHIB tokens incinerated from its maximum supply. Notably, this surge, an impressive 4200% increase, has propelled Shiba Inu into the spotlight, […]
“Buy Bitcoin” Sign Displayed Behind Janet Yellen Sold For $1M At Auction
Recently, a yellow legal pad featuring the handwritten message “Buy Bitcoin” garnered significant attention in an online auction, ultimately selling for a remarkable $1.027 million. Originally wielded during Janet Yellen’s congressional testimony in 2017, the sign has since become a symbol of intrigue within the cryptocurrency community. Notably, bids for the sign reached as high […]
Ethereum’s Dencun Upgrade Nears Mainnet Debut: Will ETH Rally?
Ethereum’s blockchain is on the brink of a transformation with the impending Dencun upgrade. Scheduled for a late February or early March release on the mainnet, this upgrade is poised to revolutionize Ethereum’s transaction framework. Developers have scheduled critical tests on the Sepolia and Holesky testnets on January 30 and February 7, respectively, marking the […]
Crypto Price Prediction 4/25: Did Post-Halving Correction Push BTC Below $64K?
Crypto Price Prediction: On April 24th, the cryptocurrency market witnessed a sudden sell-off which plunged the BTC price to $63300. This downtick could be attributed to the renewed conflict in the Middle East and a notable outflow in Spot Bitcoin ETFs. Yesterday, the Spot BTC ETF recorded a total net outflow of $121 million. Grayscale’s […]
Cathie Wood’s Ark Invest Buys 94,918 Shares of Its Own Bitcoin ETF
Cathie Wood’s Ark Invest has been one of the leading providers of spot Bitcoin ETFs. On Thursday, January 25, Ark Invest purchased a staggering 94,918 shares of the ARK 21 Shares Bitcoin ETF. Ark Invest Bets on Its Own Bitcoin ETF According to Ark Invest Daily data, Cathie Wood’s ARK Invest engaged in strategic transactions […]
Bitcoin Whales Taking Unrealized Profits Could Impact The Market: Report
Bitcoin whales are recording upticks in unrealized profits amid a slowing momentum. A new CryptoQuant analysis shows a rise in the accumulated gains of Bitcoin whales. Unrealized Whales’ Profits “Highlights a significant rise in long-term whales’s unrealized profits, suggesting they’re holding onto their positions and could impact the market if they start taking profits.” – […]
Is Bitcoin’s Next Leap to $50K Imminent? Max Keiser Thinks So
Max Keiser, a Bitcoin advocate and advisor to El Salvador’s President Nayib Bukele, has recently projected a surge in BTC’s value, setting an immediate target of $50,000. This forecast comes amidst a flurry of activities in the cryptocurrency market, including major movements by Grayscale and increasing active BTC addresses Bitcoin’s Potential Surge to $50K The […]