Tag: Financial news
Kamala Harris (KAMA) Price Surges as Traders Speculate on Biden’s Exit – CoinJournal
The value of Kamala Harris-inspired meme coin, KAMA, has surged by an impressive 322% in the last 24 hours. This sudden increase in value is attributed to the speculation surrounding President Joe Biden's potential...
Bitfarms Reports 21% Increase in Bitcoin Production Amid Upgrades and Takeover Drama
Bitfarms, a Bitcoin miner, has reported a 21% increase in Bitcoin production for the month of June. This increase follows an overall capacity upgrade by the company. In June, Bitfarms produced 189 BTC, up...
Bitcoin Price Surge: Retail Investors Driving Growth – Will It Rebound?
Bitcoin, the world's leading cryptocurrency, has experienced a recent price decline, falling below the $60,000 mark. This downward trend has continued over the past month, with Bitcoin losing nearly 10% of its value. Despite...
Floki FOMO: Social Media Drives Coin to 300% Surge
In the fast-paced world of cryptocurrency, one coin is making waves and capturing the attention of investors and enthusiasts alike. Floki, a self-proclaimed Dogecoin rival with a Shiba Inu mascot, is experiencing a surge...
Bitcoin ETFs Experience $900M in Net Outflows This Week
Spot bitcoin ETFs in the U.S. have been facing a challenging week, with $900 million in net outflows recorded so far. This marks the fifth consecutive day of outflows for these ETFs, highlighting the...
Bitcoin ETF Outflows Continue for Third Consecutive Trading Day: $145.9M Withdrawn
Bitcoin ETF outflows have continued for the third consecutive trading day, with a total of $145.9 million withdrawn. This trend is significant as it marks the fifth outflow in the past six trading days,...
Coolpad, Chinese Telecom Giant, Invests $13.5M in Bitcoin Mining Rigs
Coolpad Group, a Chinese telecommunications company based in Shenzhen and listed on the Hong Kong Stock Exchange, is making a significant investment in the world of cryptocurrency. The company has announced its plans to...
‘DJT’ Solana Token Price Skyrockets Amid Speculation of Trump’s Involvement
DJT, a cryptocurrency token created on the Solana blockchain two months ago, experienced a significant surge in price, jumping by 180% on Monday. Rumors began circulating that former U.S. president Donald J. Trump may...
Bonk Price Plummets, Arbitrum Struggles, RECQ Investment Opportunity
The cryptocurrency market experienced a sharp decline recently, impacting popular altcoins like Bonk (BONK) and Arbitrum (ARB). Bonk, known for its fun approach to the Solana blockchain, has been struggling to maintain key price...
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...