Tag: Investment
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...
Drake Faces $1M Bitcoin Loss as NHL and NBA Bets Go Awry
Canadian artist Drake is facing a potential loss of $1 million in cryptocurrency after placing two separate bets of $500,000 each on the Edmonton Oilers and the Dallas Mavericks to win the Stanley Cup...
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...
MicroStrategy Stock Surges with Bitcoin Rally – CoinJournal
MicroStrategy's stock has been on a winning streak, outperforming major tech stocks thanks to its significant investment in Bitcoin. The company's stock price has surged by 135% since the beginning of 2024, riding the...
Tokenized Money Market Funds: The Rise of Stablecoin Alternatives
The stablecoin market has seen significant growth over the past year, with an all-time high market cap of $171 billion. Major players like Visa, PayPal, Revolut, and Stripe have all entered the stablecoin space,...
Bitcoin Inflows Forecast: Analyst Anticipates Significant Growth Ahead
Meet Samuel Edyme, also known as HIM-buktu, a versatile web3 content writer, journalist, and aspiring trader. With a talent for writing and a keen eye for trends, Edyme has contributed articles to various industry...
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...
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...
