Tag: Investment
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...
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...
SEC to approve Ether ETFs by September as Society’s presale begins in 4 days Spot...
The Securities and Exchange Commission (SEC) chair has announced that spot Ether ETFs are expected to receive full approval by September. This development will allow spot Bitcoin and Ether ETFs to be accessible to...
Solana-Ether Ratio Drops to 3-Month Low, Analyst Predicts Continued Decline
The SOL/ETH ratio has dropped to a 3-month low as the speculation surrounding an ether ETF continues to impact altcoins like Solana's SOL token. The decline in the ratio, currently at 0.038 on Binance,...
Bitcoin FOMO: Social Media Users Urging to Buy Sub-$66,000 Dip Bitcoin FOMO: Buy Sub-$66,000 Dip...
Keshav, a senior writer at NewsBTC, has been following the cryptocurrency industry closely since June 14, 2021. With a background in Physics from the University of Delhi, Keshav initially pursued a degree in Physics...
Bitcoin Price Prediction: Will it Drop Below $50K?
Renowned trader Peter Brandt recently shared his insights on the potential market movements of Bitcoin, foreseeing a challenging period followed by a significant rally. His analysis suggests that if Bitcoin drops below the $65,000...
Goldman Sachs Launches Standalone Blockchain Entity for Digital Assets Expansion
Goldman Sachs is making a big move in the world of financial technology by announcing plans to create a standalone blockchain-focused entity for its digital assets platform. This initiative, which is expected to be...
German Government Agency Transfers $425M Bitcoin to Crypto Exchanges
A German government agency recently transferred $425 million in bitcoin to another wallet, with some of the funds being sent to crypto exchange deposit wallets. The transactional data revealed that deposits worth $32 million...
Bitcoin Decouples from US Stocks Amid Supply Challenges
Bitcoin has been facing a significant price drop, plummeting over 20% from its June highs above $70,000. This decline comes as Bitcoin decouples from surging US equities, with the 90-day correlation coefficient between Bitcoin...