Tag: Investment
Franklin Templeton Launches $410M Money Market Fund on Ethereum Blockchain
Franklin Templeton has recently made a significant move by launching its OnChain U.S. Government Money Market Fund on the Ethereum blockchain. This allows the fund to be traded on Ethereum, which is currently the...
LTC Leads CoinDesk 20 Index with 8.5% Gain: Performance Update
CoinDesk, a reputable media outlet that focuses on cryptocurrency news, has recently reported that LTC (Litecoin) has shown an impressive 8.5% gain, leading the CoinDesk 20 Index. This significant increase in LTC's performance has...
Why Bitwise is Converting its $1.3 Billion Crypto Index Fund to an ETF
Bitwise Asset Management has announced its plans to convert its $1.3 billion Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF). This move comes as the company aims to capitalize on market...
US Bitcoin ETFs Hold 1 Million Bitcoin Valued at $96 Billion
US Bitcoin ETFs currently hold a massive 1 million Bitcoin, with a total value of $96 billion. This staggering amount is close to surpassing the estimated 1.1 million BTC stash of Bitcoin's mysterious creator,...
Bitcoin Price Prediction: VanEck Executive Forecasts $180K Target Amid Institutional Interest
Bitcoin's price is predicted to skyrocket to $180,000 within the next year, thanks to increasing institutional interest and supportive government policies, as per VanEck's head of digital assets research, Matthew Sigel. This forecast comes...
Bitcoin Market Cap Divergence: A Sign of Euphoria
Bitcoin Market Cap Divergence: A Sign of EuphoriaRecently, there has been a lot of talk about the divergence in the market cap of Bitcoin. This is seen as a sign of euphoria in 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 Market Euphoria: Risks of Pullbacks and Leverage Washouts, Trading Firm Warns – BTC...
Bitcoin is on the rise, nearing the $90,000 mark, but trading firm QCP Capital warns of potential risks ahead. The market is currently experiencing a sense of euphoria as BTC breaks key resistance levels...
Dogecoin Price Soars 48% as Traders Aim for $1 Target
Dogecoin has been making headlines in the cryptocurrency world as its price has surged by 48% in the past 24 hours. This marks the fourth consecutive day of gains for the memecoin, with its...
Altcoin Traders Lose $343 Million as Bitcoin Hits $82k – Over $590M Liquidated
Over the past 24 hours, the crypto market experienced liquidations totaling over $590 million, affecting 194,284 traders, as reported by Coinglass. The largest single liquidation order, valued at $15.56 million, took place on OKX’s...