Tag: Investment
Andrew Tate’s DADDY Meme Coin: Early Buyers Holding $45M in Value
Social media influencer Andrew Tate's latest venture into the cryptocurrency world with the creation of the DADDY meme tokens has seen early buyers potentially holding $45 million in unrealized value, according to wallet tracking...
Ethena (ENA) Investors Turn to Oasis (ROSE) and Bitbot for Gains
Ethena (ENA) investors are currently facing a tough time as the cryptocurrency struggles with bearish trends, with its price hovering around the $0.65 support level. This has led many investors to shift their focus...
Ethereum Price Analysis: Impending Breakout After Consolidation?
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
RNDR Leads CoinDesk 20 Performance Update with 12% Gain
RNDR, a cryptocurrency, has taken the lead in the CoinDesk 20 Performance Update with an impressive gain of 12%. This news comes as a positive development for investors and enthusiasts in the cryptocurrency industry. CoinDesk,...
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...
Bitcoin Price Analysis: First Mover Americas Sees BTC Drop Below $65K
Bitcoin's price struggled to maintain its position above $65,000, dropping below $64,000 during trading hours in America. It briefly climbed back to $65,000 but then slipped towards the $64,500 mark, marking a 1% decrease...
Metaplanet Purchases 42,466 BTC: A Game-Changing Move – CoinJournal
Metaplanet, a Japanese firm, has made a significant move in the cryptocurrency space by purchasing 42,466 BTC, equivalent to $2.5 million. This purchase has increased Metaplanet's total Bitcoin holdings to an impressive 203,734 BTC,...
Unpacking the $7 Billion Drop in Bitcoin’s Open Interest
Bitcoin's open interest has recently taken a hit, dropping by $7 billion in just one month. This decline in notional open interest has coincided with a 14% decrease in the price of Bitcoin in...
Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure
US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...
Bitcoin’s Profitability: 97.9% Success Rate on 4,954 Days
Bitcoin has been proving its profitability over and over again since its inception, with a success rate of 97.9% on 4,954 trading days. This statistic, based on Glassnode data, showcases the consistent upward trend...














