Tag: Investment
Institutional Adoption of Bitcoin and Crypto Stocks: A Ripe Opportunity
Bitcoin and other cryptocurrencies are becoming more appealing to institutional investors, according to a recent report by brokerage firm Bernstein. The report suggests that there is still significant potential for institutional adoption of Bitcoin...
Ripple (XRP) Price Analysis: Breaking Free from Range-Bound Struggle
Ripple (XRP) has been facing challenges in gaining bullish momentum above the $0.50 mark. In order to see a steady increase in the near future, the price of XRP must establish itself above $0.50...
Renzo Raises $17M from Galaxy and Brevan Howard through Restaking Frenzy
Renzo, a liquid restaking protocol, recently announced that it has successfully raised $17 million in funding from Galaxy Ventures and Brevan Howard Digital Nova Fund. This funding will be used to expand the project's...
TRUMP Token Faces Difficulty Getting Listed on Exchanges as DJT Price Soars
The team behind TRUMP (the meme coin, not the former U.S. president) is facing challenges in getting their crypto token listed on major exchanges. Despite being available on decentralized exchanges like MEXC, LBank, BingX,...
Ether ETF’s Institutional Demand Unaffected by Lack of Staking, Says 21Shares’ Ophelia Snyder
Institutional investors are not worried about the lack of staking in U.S. spot ether exchange-traded funds (ETFs), according to Ophelia Snyder, co-founder of 21Shares. While retail investors may be disappointed, Snyder believes there is...
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...
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...
Cryptocurrency Market Update: Dogecoin and Solana Plummet Alongside Bitcoin to $66K
In the latest update on the cryptocurrency market, major tokens like Bitcoin and Ether saw significant declines during Asian trading hours on Tuesday. This drop was influenced by profit-taking and outflows from U.S.-listed Bitcoin...
Is FLOKI Doomed? Analyst Forecasts 80% Drop for Shiba Inu Rival
FLOKI, a competitor to Shiba Inu, has seen a significant increase in its price this year, attracting many new investors to the meme coin. However, one crypto analyst has predicted a drastic price crash...
‘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...