AI-powered meme token taking crypto by storm
Shiba Memu is looking to dominate the meme coin sector with a pioneering AI-powered utility token. The concept behind this robot meme with a touch of AI genius is what could astound the legacy meme coins space. SHMU presale has raised more than $356k in less than a week. Talk of meme coins today and […]
‘crypto is digitalising gold in many way’
BlackRock CEO Larry Fink was all praise for BTC in a recent interview. The asset manager refiled for a Spot Bitcoin ETF earlier this week. Bitcoin is currently up close to 90% versus the start of the year. Bitcoin made a new 52-week high this morning after Larry Fink – the Chief Executive of BlackRock […]
Crypto services provider Matrixport predicts Bitcoin to $125k by the end of 2024
Key takeaways Matrixport believes that Bitcoin could rally to $125k by the end of next year. The crypto services provider points out that Bitcoin has already touched its bottom after rallying to the $31k level last month. Bitcoin could hit $125k by the end of next year Bitcoin, the world’s leading cryptocurrency by market cap, […]
Belarus planning to ban P2P crypto transactions
Belarusian President Alexander Lukashenko in 2022 signed a decree allowing free circulation of cryptocurrencies like Bitcoin in the country. The announcement somewhat seems to contradict the previous stand that Belarus has had on cryptocurrencies. If effected, Belarusians will not be allowed to use peer-to-peer crypto exchanges. The foreign ministry of Belarus is drafting new legislation […]
Crypto Fear and Greed Index Points to Bitcoin Price Path to $40K
Crypto fear and greed index has moved to the greed area ahead of the upcoming Bitcoin options expiry. Bitcoin price was trading at $30,392 on Wednesday, where it has been in the past few days. This price is a few points below the year-to-date high of $31,478. At its peak, the coin jumped by more than […]
Crypto resiliency continues as BTC holds above $30k, AltSignals raises $1M
AltSignals token has raised over $1 million as it nears its target. Bitcoin has held quite steady above $30,000 even as risks in the industry rise. Bitcoin price has held steady above the $30k level as the recent momentum wanes. It was trading at the important level of $30,230 on Tuesday, a few points below […]
Schwab-backed crypto exchange EDX Markets goes live
EDX officially launched trading in bitcoin, ether, litecoin, and bitcoin cash today. The crypto exchange has also completed a second funding round with new investors. EDX has plans of launching a clearinghouse business later this year as well. Investors can now trade bitcoin, litecoin, ether, and bitcoin cash on a new digital assets marketplace – […]
Crypto industry ‘destined’ to be BTC-focused due to regulators, says Michael Saylor
Key takeaways Crypto industry will be BTC-focused MicroStrategy co-founder Michael Saylor believes that the cryptocurrency industry is destined to become BTC-focused. He made this statement during an interview with Bloomberg. According to Saylor, Bitcoin is the only major cryptocurrency that has been excluded as a security by the US Securities and Exchange Commission (SEC). He pointed […]
MicroStrategy better than Coinbase for crypto exposure: Berenberg
Berenberg analysts sees upside in MicroStrategy to $340. They explain their bullish view in a recent research note. Coinbase stock has a “hold” rating only at Berenberg. MicroStrategy Inc is a better pick for exposure to cryptocurrencies than Coinbase Global Inc, as per the Berenberg analysts. MicroStrategy stock has upside to $340 Mark Palmer and […]
Why is the crypto market up today? Imminent debt ceiling vote boosts the market
Key takeaways The cryptocurrency market is up by more than 2% today after underperforming for the best part of May. Bitcoin topped the $28k mark for the first time this month. The rally comes as President Biden and the House leadership reached an agreement on the debt ceiling. Crypto Market Cap Reaches $1.16 Trillion The […]