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Cathie Wood’s Ark Capitalizes on Bitcoin Rally, Sells Millions in Coinbase and GBTC Shares
6.12.2023
Source: Adobe Stock Cathie Wood’s Ark Invest is capitalizing on the recent surge as it offloaded millions of Coinbase and Grayscale Bitcoin Tryst shares when the leading crypto surpassed the $44,000 threshold. On Tuesday, the investment firm led by Wood sold over $33 million worth of Coinbase...
Best Crypto to Buy Now December 5 – Stacks, Conflux, Kucoin
5.12.2023
Kucoin, Stacks, and Conflux surge amid chatter over the best crypto to buy now. Image by cryptonews.com. The KCS price surge and enhanced staking features from KuCoin are spearheading discussions about the best crypto to buy now, alongside the impressive market performances of Stacks (STX)...
Fresh Money Flows to Crypto as Stablecoin Market Expands After 1.5 Years Downtrend
5.12.2023
Tether's USDT added $7 billion to its market cap since September, a sign of capital entering the crypto market, Matrixport noted
Blockchain Analysts are Accumulating This AI Crypto Before 2024 – Here’s Why
5.12.2023
AI crypto platform yPredict provides predictive analytics to crypto investors. Image by Bunpoht, Adobe Stock. In recent years, cryptocurrencies have captivated investors with their volatility and potential for significant returns. Trading in an unpredictable crypto market can prove challenging even...
Bitcoin Taps $44,000, Surpassing Meta and Berkshire Hathaway in Market Capitalization
5.12.2023
On Tuesday, bitcoin’s price soared past the $44,000 mark, peaking at $44,011 per unit. In the last month, the leading cryptocurrency by market capitalization has seen a surge exceeding 24%, and 17% in just the past two weeks. BTC Breaks Through $44K Barrier, Reaching Peak Levels Since...
Bitcoin Blasts to $44K on Coinbase, Could Run Towards $48K Resistance: LMAX Analyst
5.12.2023
The move prompted $73 million in liquidations, during the day predominantly leveraged short positions betting on lower prices
Solana’s BONK Token Hits Record High Amid Crypto Surge
5.12.2023
Source: video screenshot / YouTube / BONK The Solana-based meme coin BONK is continuing to surge in the market, hitting an all-time high with a market capitalization close to $420 million on Tuesday. According to data from CoinGecko, the token had risen more than 21% just in the last 24 hours...
BRC20 Token ORDI Hits $1B Market Cap Amid Crypto Surge, Soaring 676% in a Month
5.12.2023
In the recent surge in the cryptocurrency market, the BRC20 token ORDI has experienced substantial growth. This week, it reached a new milestone with its market capitalization surpassing the $1 billion threshold. The token’s value has soared by 676% in the past month and by 189% in just...
Is Pyth Network Going to Zero? PYTH Price Falls 6.9% and New Bitcoin Mining Protocol Reaches $4.8 Million
5.12.2023
Latest airdrop gainer Pyth Network is battling downside movements as PYTH price tumbles -6.9%, leaving some anxious bag-holders asking ‘Is Pyth Network Going to Zero?’. However, market sentiment remains bullish, with traders identifying the ongoing bounce out of the moving average...
Indian Government Reveals 28 Crypto Service Providers Are Registered With Financial Intelligence Unit
5.12.2023
The Indian government has revealed that 28 crypto service providers are currently registered with the country’s Financial Intelligence Unit. Furthermore, the Ministry of Finance has clarified that the anti-money laundering guidelines and reporting requirements apply to offshore cryptocurrency...
Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut
5.12.2023
The UAE-based company said its initial public offering (IPO) in November was 33-times oversubscribed
Institutional Funds to Ethereum Products Flips Green as Asset Trades Above $2,200
5.12.2023
Source: Pexels The bullish drive of institutional investors in recent weeks can be seen across several market metrics as digital assets soar to levels not recorded in months. Ethereum (ETH) traded sideways for most of the year before soaring above $2,000 following the recent market uptick which...
Investors Believe the US Fed Will Pause Rate Hikes + More News
5.12.2023
Morgan Beller. Source: Bloomberg Technology Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Investors Believe the US Fed Will Pause Rate Hikes – Bitfinex Analysts Bear Market Applies...
Flowdesk Picked by Forge to Become Marker Marker for Euro-Based Stablecoin
5.12.2023
EURCV isn't the first Euro stablecoin, but it has the institutional backing of Societe Generale, a major European financial institution
10000X Token is Up 100x So Far and Experts Say This is the Next Crypto to Explode
5.12.2023
As DEX market moves continue to dominate market pumps, 10000x token has exploded 100x in the past 24-hours, and now crypto experts are suggesting this new crypto could be the next to skyrocket. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
Shiba Inu Price Prediction as Shibarium Daily Transactions Hit Record Highs – Is SHIB Set for a Major Rally?
5.12.2023
The Shiba Inu price has dropped by 3% in the past 24 hours, slipping to $0.00000895 on a day when the market has pared back some of its gains from earlier in the week. Yet this loss comes at a time when transactions on Shibarium have reached a record high, topping 32 million only a […]
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US Financial Services Platform Sofi Announces Exit From Crypto Market
5.12.2023
Starting Dec. 19, the financial services platform Sofi will stop offering crypto services to its customers. Sofi said banking regulators’ increased scrutiny of the crypto sector compelled it to make this decision. The company has outlined the steps that must be taken by customers who...
Ethereum Price Prediction as Bull Run Continues Beyond $2,200 – Is a $10,000 ETH Possible in 2024?
5.12.2023
The Ethereum price has dipped by 2% in the past 24 hours, falling down to $2,207 as the wider crypto market slips by 0.5% today. Yet ETH has had a good week overall, with the altcoin remaining up by 9% in the last seven days and also by 17% in the last 30. These gains […]
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DeFi Market Rebounds to $50B as Speculators Hunt for Yield
5.12.2023
The total amount of capital locked or staked across all decentralized finance (DeFi) protocols reached $50 billion on Tuesday, the most in six months
Pepe Price Prediction as Market Cap Surpasses $500 Million – $1 PEPE Incoming?
5.12.2023
Source: Dall•E 3 The PEPE price has dropped by 2.6% in the past 24 hours, with its fall to $0.00000137 coming as the market cools down a little after yesterday’s rally. Despite the dip, PEPE remains up by 30% in a week and by 21% in the last 30 days, with its market cap surpassing...