Tag: finance
Bitcoin ETFs See Record $1.1 Billion Inflow in Historic BlackRock Boost
BlackRock, one of the world's largest asset managers, experienced a historic inflow of $1.12 billion into its IBIT on November 7th. This influx of capital surpassed the total combined inflows for all spot Bitcoin...
Solana Memecoin ACT Soars 1,720% on Binance Listing amid Altcoin Market Surge
A Solana-based memecoin called "Act I : The AI Prophecy" (ACT) has skyrocketed by more than 1,720% after being listed on Binance and Crypto.com. The token, which was initially issued on Oct. 19, had...
Solana Price Prediction: Hedge Funds & VCs Expect $600 Target
Hedge funds and venture capital firms are optimistic about Solana's future, with many expecting the cryptocurrency to reach $600 during this bull cycle. According to the "Q4 2024 Crypto Investment Manager Survey" by MV...
FTX Repayment Plan Set for Rollout in January 2025
FTX is moving forward with their repayment plan, which is set to begin in January 2025. The final details will be sorted out next month, and repayments will start early in the new year.The...
Bitfinity Launches New Layer-2 Mainnet Bridging Bitcoin and Ethereum, Raises $12M
Bitfinity Network has recently launched its new Layer-2 mainnet, bringing Bitcoin and Ethereum closer together. The project has successfully raised $12 million, showcasing significant institutional backing and community support. The main goal of the...
Federal Reserve to Cut Interest Rates, Crypto Outlook on the Rise
Yesterday, there was a significant shift in the investment landscape as Donald Trump was re-elected as the President of the United States. This news led to a broad-based rally in risk assets on Wall...
Bitcoin’s Potential Growth Amid Trump Policies and Economic Optimism
Bitcoin is expected to see continued growth in the near future, thanks to supportive economic trends and political policies. According to Fundstrat Global Advisors managing partner Thomas Lee, Bitcoin has shown resilience in the...
Bitcoin L2 Stacks Faces 5-Hour Outage Halting Transactions: What Happened?
Bitcoin L2 Stacks Faces 5-Hour Outage Halting Transactions: What Happened?Bitcoin L2 Stacks, a layer-2 blockchain built on Bitcoin, recently experienced a significant outage lasting over five hours, disrupting transaction processing. The network abruptly stopped...
Justin Sun and Andre Cronje Question Coinbase’s Listing Fee Transparency
Justin Sun and Andre Cronje Challenge Coinbase's Listing Fee TransparencyTron Network founder Justin Sun and Sonic Labs co-founder Andre Cronje recently raised concerns about Coinbase's transparency regarding listing fees. They disputed Coinbase CEO Brian...
TRON DAO Launches TRON-Peg USD Coin: Borderless Transaction Solution
TRON DAO has recently introduced the TRON-Peg USD Coin, which serves as a borderless transaction solution on the TRON blockchain. This innovative cross-chain tool aims to simplify transactions across different platforms and enhance TRON's...
