Tag: Investment
Crypto Adoption Strategies for Financial Advisors: Leveraging Cryptocurrency for Business Growth
In today’s newspaper, Nathan McCauley, co-founder & CEO of Anchorage Digital, talks about how financial advisors can use cryptocurrency to grow their businesses. Marissa Kim from Abra Capital Management also shares insights on including...
Spot Ether ETF Approval Expected by September as Society’s Presale Begins in 4 Days
The Securities and Exchange Commission (SEC) chair, Gary Gensler, recently announced that spot Ether ETFs are expected to be fully approved by September. This approval will allow spot Ether ETFs to start trading on...
Choosing Between USDT and USDC: Important Factors to Consider
Stablecoins like USDT and USDC have become essential components of the digital finance world due to their stability and 1:1 peg to the US dollar. As their use for everyday transactions continues to grow...
Mastering the Trump Trade: Success Story of a Crypto Hedge Fund
Former President Donald Trump's landslide victory in the 2024 U.S. presidential election came as no surprise to Quinn Thompson, the founder of the crypto hedge fund Lekker Capital. Thompson had been vocal about his...
Trading Strategies: Polymarket Trader Loses Millions on Tyson, Profits on Trump
This week in prediction markets, a Polymarket trader named "zxgngl" experienced both highs and lows. Initially, he pocketed $11.4 million by correctly betting on Donald Trump winning the presidency, but later lost $3.4 million...
Title: Bitcoin and Solana Experience Huge Buying Pressure with FTX’s $16B Distribution Plan
In a recent development in the cryptocurrency world, FTX, the exchange previously run by Sam Bankman-Fried, who is now convicted, is set to distribute a massive $16 billion in cash to its customers. This...
Ethereum HODLers Acquire 298,000 ETH Before Spot ETF Launch
Ethereum has been experiencing pressure lately, with a significant drop of about 15% from March 2024. Despite this decline, on-chain data suggests a positive outlook.A spike in Ethereum demand has been observed, particularly from...
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...
Shiba Inu’s Shibarium: Surging Triple-Digits Across Key Metrics – What’s Happening?
Shiba Inu's Shibarium ecosystem is showing signs of increased activity, indicating a potential upward trend. Transaction data on Shibarium has seen significant triple-digit percentage increases in both transactions and fees paid in BONE over...
Sonic: Gaming-Focused Layer-2 Chain on Solana Raises $12M
Sonic, a layer-2 blockchain platform focused on gaming and built on top of Solana, recently completed a successful fundraising round, raising a total of $12 million. This Series A round was led by Bitkraft...
