[ad_1] QCP Capital has forecasted a bullish momentum that could see bitcoin reach its previous highs of $74,000 in the next few months. This follows a surge in BTC’s price on May 15th, fueled by growing ETF inflows and the April Consumer Price Index (CPI), which indicated a slight decrease in inflation from the previous […]
[ad_1] Jim Cramer, the outspoken host of CNBC’s Mad Money, has caused a stir in the financial sector by endorsing Bitcoin (BTC) over MicroStrategy stock (MSTR). This recommendation follows despite MSTR’s notable year-to-date performance of 85%, compared to Bitcoin’s 125% gain. Cramer’s endorsement, however, is met with a dose of skepticism. The financial guru is […]
[ad_1] The Sui blockchain ecosystem showcases the importance of mobile wallets, with three emerging as leaders in the space: Surf Wallet, Nightly, and Sui Wallet. These wallet apps, crucial for user accessibility and adoption, are redefining functionality and user experience while promoting ecosystem growth. Surf Wallet: The Trailblazer Surf Wallet, […]
[ad_1] TL;DR The meme coin sector has seen a significant resurgence, with top coins Dogecoin and Shiba Inu up by 7% and 8%, respectively, and others witnessing over 20% gains. The total market capitalization of the cohort briefly surpassed $55 billion, although it is known for rapid and often volatile price changes. Meme Coins Surge […]
[ad_1] Arkansas State Governor Sarah Huckabee Sanders is expected to sign two new bills regulating crypto mining activities within the state, according to various sources. The state lawmakers passed Senate Bills 78 and 79 on May 1 to tighten the regulations governing crypto miners in the state. These legislative initiatives respond directly to concerns raised […]
[ad_1] Michael Novogratz, the esteemed founder of Galaxy Digital Holdings, recently declared that Bitcoin might consolidate within a specific price range in the near future. During a conference call following his company’s first-quarter financial disclosure, he provided insights into the cryptocurrency’s trajectory. What can Cause a Bitcoin Breakout From the Consolidation? Novogratz highlighted the integration […]
[ad_1] Digital assets investments said the first inflow in five weeks with $130 million of net gains over the past week. Interestingly, the lack of action from US regulators regarding spot Ethereum ETF applications has sparked speculation that approval won’t happen soon, and this has resulted in significant outflows for Ethereum in the same timeframe. […]
[ad_1] Understanding Seller Exhaustion Crypto market analytics firm Glassnode Insights has introduced a new framework for assessing seller exhaustion across multiple timeframes. The framework, which uses Glassnode’s new Breakdown Metrics, allows for the discrete isolation of points of severe unrealized loss and investor capitulation. During a bull market regime, long-term […]
[ad_1] Ethereum remains under immense selling pressure, shaving over 30% from March 2024 highs. With prices recently dropping below $3,000 and sellers doubling down, there could be no reprieve for optimistic buyers in the sessions to come. Analyst Expects One More “Washout” To $2,700 Taking to X, one analyst notes that the coin is still bearish […]
[ad_1] To combat illicit financial activities, Tether, the entity behind the world’s largest stablecoin by market capitalization, has frozen approximately 5.2 million USDT. The crypto tracking and compliance platform MistTrack detailed this action, which targeted 12 Ethereum addresses identified as part of phishing operations. Details Of The Freeze The affected addresses used in the phishing […]
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