Bitcoin has been moving sideways recently, but a key indicator shows that a potential price surge could be ahead. Bitcoin (Bitcoin) The price has been consolidating near the $59,000 mark over the past day, with a brief surge to $60,680 earlier. BTC is up 0.6% over the past 24 hours and is trading at $58,900 … Read more
Key points Metaplanet purchased ¥500 million worth of Bitcoin, totaling approximately 303 BTC. The company uses Bitcoin to minimize exposure to a weakening yen. Share this article Metaplanet, a Japanese public company recently known for its constant Bitcoin accumulations, has acquired an additional ¥500 million worth of Bitcoin (BTC), said Simon Gerovich, the company’s CEO … Read more
Summary Sui (SUI) saw a 125% weekly surge, fueled by the launch of Grayscale’s Sui Trust. Despite the strong gains, the high RSI indicates that the asset could be overbought, suggesting a possible correction. The highest performance Sui (SUI) is among the few leading cryptocurrencies today (August 12), and its price has traced an impressive … Read more
South Korean authorities have arrested and charged the CEO of a tech company and his accomplice with fraud. The two men are suspected of orchestrating a cryptocurrency scheme worth more than 500 billion won that preyed on elderly people with false promises of huge profits. The scam is estimated to have more than 10,000 members … Read more
Marathon Digital Holdings, a leading US-based Bitcoin mining company, has announced that all Bitcoin blocks mined in the United States will now be sealed with the label “Made in USA”. The company declared At X, “MARA is America’s Team, proudly declared on every American-made bitcoin block we mine.” BREAKING NEWS: Marathon announces that it will … Read more
Superstate, a blockchain-based asset management firm, has integrated Chainlink technology to tap into the growing tokenization market. The asset manager will leverage Chainlink (LINK) Data sources to incorporate net asset value data for your on-chain tokenized treasury fund. advertisement Superstate stated that it aims to improve the composability of its Superstate Short Duration US Government … Read more
Key points CeFi acts as an intermediary in the cryptocurrency world, unlike DeFi. The recent CeFi crashes highlight the inherent risks of the sector. Share this article Centralized finance, or “CeFi,” serves as crucial intermediaries between traditional financial systems and the decentralized world of cryptocurrencies. Unlike decentralized finance (DeFi) platforms that operate autonomously through smart … Read more
Ethereum has been the biggest beneficiary of the recent market crash, as investors appear to have viewed the price weakness as a buying opportunity. In fact, data suggests that Ethereum has managed to attract $155 million in inflows over the past week. According to CoinShares, the latest round of inflows boosted its total inflows so … Read more
The Polkadot DOT token has been really active in the cryptocurrency market throughout the week, appreciating more than 21%Even though the gains generated more excitement among investors, the token continued to rise and continues to trade at $4.65 with a market cap of over $6.6 billion. Currently ranked 17th among the largest cryptocurrencies, DOT investors … Read more
As negative market sentiment continues to weigh heavily on BitcoinPopular cryptocurrency analyst and enthusiast Stockmoney Lizards expressed his views on this pessimistic view and provided key objectives to keep in mind during these turbulent times. These proposals aim to regain investor resilience and focus despite the growing uncertainty due to market instability and unfavorable trends. … Read more
