Tag: Digital Currency
Stick With Bitcoin: 10x Research Recommends Amid Fed’s 2024 Rate Cut Prediction
Bitcoin, the leading cryptocurrency, has been under pressure recently due to the Federal Reserve's prediction of interest rate hikes. Despite this, 10x Research continues to recommend sticking with Bitcoin, especially after the Fed's announcement...
Analyst Pinpoints Critical Support Zone For BitcoinSEO Title: Key Support Zone Identified for Bitcoin
Bitcoin has experienced a bit of a rough patch lately, with its market price dropping by 4.65% over the past week. However, crypto analyst Ali Martinez has highlighted a crucial support zone that Bitcoin...
Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH...
The launch of Spot Ethereum ETFs is eagerly anticipated, with industry experts predicting that trading will commence by July 2. Bloomberg analysts, Eric Balchunas and James Seyffart, have provided insights into the potential timeline...
SolJu (SOLJU) Meme Coin: Future of Solana – CoinJournal
SolJu (SOLJU) is the latest meme coin to hit the Solana blockchain, combining South Korea's popular Soju alcoholic beverage with Solana's cutting-edge technology. The project is set to launch on June 18 through a...
Bitcoin Mining Stabilizes Power Grids Strained by AI Data CentersBitcoin Mining Balances Power Grids...
Microsoft is constructing large AI data centers in Arizona and Wisconsin to support this innovative technology. However, these data centers are heavy energy consumers and strain power grids, with AI projected to consume 40...
Ethereum Withdrawals Surge Over $1.2 Billion: Analysis & Trends
Ethereum has recently experienced a surge in withdrawals totaling over $1.2 billion, indicating that large crypto investors, also known as whales, are anticipating a price recovery. These significant withdrawals have led to Ethereum balances...
Exploring CBDCs: BIS Survey Reveals Rising Interest
Central banks around the world are showing a growing interest in exploring the concept of a central bank digital currency (CBDC), according to a recent survey conducted by the Bank for International Settlements (BIS)....
Bitcoin Traders Anticipate $60K Bearish Target as Miners Reduce Holdings
Bitcoin traders are bracing themselves for a possible drop in the value of the cryptocurrency in the near future. This is despite positive trends in the equity market and supportive U.S. crypto policies. The...
Dogecoin Transactions Surge as Whales Spend $129M
Dogecoin has been making headlines recently due to a surge in transactions by whales who have spent a whopping $129 million on the meme coin. Despite a significant drop in price over the past...
New York Recovers $50 Million from Gemini for Defrauded Investors – CoinJournal Gemini Pays $50...
New York Attorney General Letitia James recently announced that $50 million has been recovered from Gemini Trust. This money was defrauded from Gemini Earn users, and it will now be used to repay more...