Search
Report: Kraken Considers IPO Amid Renewed Investor Interest
6.6.2024
Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the current digital-asset market rally and a perceived...
Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs
6.6.2024
Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price
Deciphering Pendle Finance’s surge and the pop up of Notcoin
6.6.2024
Pendle Finance and Notcoin recently experienced roughly 58.6% and 400% price growth, respectively and are thus among the recent top performers
Bitcoin Wyckoff pattern eyes $85K, but BTC price must close the week above this level first
6.6.2024
Bitcoin first needs a weekly close above the $71,300 mark to confirm a likely price breakout to new all-time highs
Hill highlights the role of tokenization in market efficiency at Hearing
6.6.2024
Representative French Hill (AR-02) led the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion in a crucial meeting on June 5th, titled “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets.”...
What is market depth in crypto?
6.6.2024
Understanding market depth helps traders gauge a particular cryptocurrency’s liquidity and potential price movements
Arthur Hayes unstakes nearly $10M worth of Pendle: Time to sell?
6.6.2024
Arthur Hayes unstakes $9.41 million worth of PENDLE tokens, raising community concerns about a potential price dump. Here’s what you need to know
Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
6.6.2024
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets...
US antitrust chief to scrutinize AI sector for monopoly risks
6.6.2024
U.S. antitrust enforcer Jonathan Kanter said regulators must urgently examine the AI sector to prevent potential monopolies
New US Stock Exchange Launching in Texas Backed by Blackrock and Citadel
6.6.2024
Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the Texas Stock Exchange (TXSE) in Dallas. This new exchange will provide a platform to trade and list public companies and exchange-traded products. With a capital raise...
Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June
5.6.2024
Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead...
Meme Coin Market Rises 4.6% With Presidential Meme Token BODEN Leading the Pack
5.6.2024
With bitcoin exceeding $70,000 on Wednesday, the leading meme coins experienced notable increases over the last 24 hours. Shiba inu (SHIB) advanced 7.7% in the past day, while dogecoin (DOGE) rose 2.1%. Among the top five meme coins by market capitalization, floki (FLOKI) saw a 21.2% increase over...
Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold
5.6.2024
Bitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March, the leading cryptocurrency must reach $84,740 per coin to match...
Bitcoin Technical Analysis: BTC Bulls Target Upper Resistance Aiming for New Highs
5.6.2024
Bitcoin, priced at $70,875, has exhibited strong bullish trends within the last 24 hours, with intraday prices ranging from $68,819 to $71,339. The cryptocurrency boasts a market capitalization of $1.39 trillion and a 24-hour trade volume of $37.14 billion. Analyzing the 1-hour, 4-hour, and daily...
Bybit Report Shows Growing Popularity of Meme Coins Among Institutional and Retail Investors
5.6.2024
A new report by crypto exchange Bybit shows that meme coins are becoming significant components of crypto portfolios. Institutional meme coin holdings surged 226% from February to March while retail meme coin holdings spiked 478% from February to April. However, they “aggressively sold...
Peter Brandt Predicts Bitcoin Bull Market With BTC Potentially Reaching $150,000
5.6.2024
Veteran trader Peter Brandt has emphasized the symmetry in bitcoin bull market cycles, suggesting the next peak may occur in late August or early September 2025, with the price of bitcoin potentially reaching $150,000. However, Brandt remains cautious, assigning a 25% probability that...
Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K
4.6.2024
Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market
Zimbabwe central bank ironing out wrinkles in new currency
4.6.2024
The new currency, an outgrowth of the government’s gold-backed token, is performing well economically but receiving mixed public reviews
Bitcoin Surpasses $70,000, Reaches Intraday High of $71,031
4.6.2024
The price of bitcoin (BTC) climbed above the $70,000 mark on Tuesday, hitting an intraday peak of $71,031 on Bitstamp. This marks a nearly 3% increase over the past day, adding approximately $1,891 in value since the 24-hour low. Bitcoin’s Price Stabilizes Above $70,000 Bitcoin remains...
Meme Stocks GME, AMC and Related Meme Coins Take a Hit as Roaring Kitty’s Influence Wanes
4.6.2024
The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the U.S. dollar during Tuesday’s mid-day trading sessions. Similarly, the meme stock AMC Entertainment Holdings, or AMC, has also experienced...