Pepe coin (PEPE) has been showing an incredible performance alongside the rest of the crypto market. This weekend, the two biggest cryptocurrencies, Bitcoin and Ether, displayed remarkable price growth. BTC keeps reaching new all-time highs (ATH), and ETH surpassed the $4,000 mark for the first time in two years. Similarly, PEPE joined the party after …
Continue reading “PEPE Whale Makes $8.13M In Profit As Bullish Rally Continues”
Dan Gambardello, the founder of Crypto Capital Venture, has provided a bullish analysis of the current price action of Cardano (ADA). The crypto analyst also dispelled the notion that ADA won’t perform well in this bull cycle, noting that the crypto token is where it is meant to be before it takes off. Where Cardano …
Continue reading “Cardano Price About To Explode: Crypto Pundit Reveals Next Target”
As Bitcoin (BTC) continues its unprecedented uptrend, surging to a new all-time high (ATH) of $72,300, software company MicroStrategy remains steadfast in its vision. It is reaping substantial rewards from its strategic investment in the largest cryptocurrency in the market. MicroStrategy, led by renowned Bitcoin supporter and former CEO Michael Saylor, recently made a major …
A crypto analyst has forecasted Bitcoin’s price to surge to unprecedented highs ahead of the 2024 Bitcoin halving event scheduled for April. The cryptocurrency has already been experiencing significant gains, surpassing its previous all-time high to trade above $70,000. Bitcoin’s Path To $200,000 In a recent X (formerly Twitter) post, crypto analyst, Gert van Lagen …
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A closely followed crypto analyst believes that rallies are in store for two top smart contract platforms including Ethereum (ETH). Pseudonymous analyst Loma tells his 301,200 followers on the social media platform X that he thinks Ethereum will likely continue its slow grind up. The crypto strategist shares a chart suggesting that ETH will eventually …
Financial regulators in the United Kingdom are allowing applications for crypto-based exchange-traded notes (ETNs), according to a new announcement. In a Monday press release, Britain’s Financial Conduct Authority (FCA) said that it has approved the sale of crypto and Bitcoin (BTC) ETNs for professional investors. ETNs in the UK are defined as bonds issued by …
MicroStrategy executive chairman Michael Saylor predicted that Bitcoin will “eat gold” in the coming months because it is a far superior asset in every way. The MicroStrategy chair made the statement during a CNBC interview on March 11, where he added that Bitcoin was not only superior to gold but all conventional assets, including real …
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The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025. Closing loopholes The new budget proposals specifically target a loophole that has previously allowed …
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In a recent shift of perspective, Bloomberg analysts have significantly lowered the forecast for the approval of a spot Ethereum exchange-traded fund (ETF) by May — setting the probability at a mere 35%. According to Eric Balchunas, the odds are down sharply from previous estimates, which ranged between 60% and 70%. The revision reflects growing …
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The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms. ETNs Must Adhere to UK Listing Requirements The Financial Conduct Authority (FCA), the watchdog for the …
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A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating that there was “absolutely nothing wrong with paying for the …
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In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten player. Yet, despite the ongoing cryptocurrency market upswing, PYUSD has shown minimal activity …
Continue reading “Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race”
KeychainX AG, a Swiss-based crypto recovery company, has been assisting people in accessing their lost crypto since 2017. The company also holds patents around the world for a keyless crypto wallet that utilizes biometrics, such as fingerprints or even DNA. Robert Rhodin is the CEO of KeychainX. He recently joined the Bitcoin.com News Podcast to …
While bitcoin and ethereum have gathered 8.9% and 13.5% gains against the U.S. dollar this week, a large handful of crypto assets recorded double-digit rises. At present, the crypto economy is now valued at $2.72 trillion, up 3.62% over the past day. Crypto Economy Swells to $2.72 Trillion On Monday, over two dozen crypto assets …
Continue reading “From RBN to FLOKI: This Week’s Crypto Winners and Losers”
In an unprecedented surge, global crypto investment products experienced a historic influx of $2.7 billion last week, signaling strong confidence among investors and propelling assets under management (AUM) back to December 2021 levels. Record $2.7 Billion Flows Into Crypto Investments in a Historic Week The record-breaking week saw digital asset investment vehicles garner inflows of …
Continue reading “Report: Global Crypto Investments Surge to Record $2.7 Billion in Weekly Inflows”
