This weekend, cryptocurrencies dropped as investors reacted to a more cautious Federal Reserve, which indicated it might cut interest rates less than previously expected in 2025. Bitcoin fell about 4% to around $93,260, after reaching over $102,000 last Thursday. Other cryptocurrencies like Dogecoin and XRP also saw declines. The Market was surprised by the Fed’s ...
Cryptocurrencies experienced a decline this weekend as investors reacted to the Federal Reserve’s more hawkish stance, anticipating fewer interest rate cuts than expected for 2025. Bitcoin, the largest cryptocurrency, fell about 4%, trading around $93,260 after previously peaking over $102,000. Other cryptocurrencies, including Dogecoin and XRP, also saw significant drops. Despite some positive news regarding ...
Ethereum, the second-largest cryptocurrency, has gained 50% this year and recently surpassed $4,000. However, it still lags behind other cryptocurrencies like Bitcoin, which is up 131%. Despite hopes tied to the launch of spot Ethereum ETFs, investor interest has been underwhelming, with the largest ETF only managing $3.5 billion in assets, compared to $53.5 billion ...
Shiba Inu, a cryptocurrency that gained massive popularity by skyrocketing over 45 million percent in 2021, is back on the rise after losing most of its value by mid-2022. Initially created as an alternative to Dogecoin, Shiba Inu has drawn attention for its meme-coin status, which reflects a lack of serious utility. While it has ...
Digital asset investment products experienced a significant week with total inflows of $308 million, despite substantial outflows on December 19, exceeding $1 billion over just two days. A notable factor in these movements was a $17.7 billion drop in total assets under management, largely influenced by the Federal Open Market Committee’s hawkish stance. Although Bitcoin ...
Ethereum, the second-largest cryptocurrency, has risen 50% this year, recently surpassing $4,000. However, it lags behind competitors like Bitcoin, which is up 131%. The anticipated boost from new spot Ethereum ETFs has been underwhelming, with the top ETF only managing $3.5 billion in assets compared to Bitcoin’s $53.5 billion. Moreover, Ethereum faces increasing competition from ...
Ethereum, the second-largest cryptocurrency, has impressively risen 50% this year, recently surpassing the $4,000 mark. However, it still lags behind competitors like Bitcoin, which is up 131%, and newer blockchains like Solana and Sui, which have seen even higher gains. The much-anticipated launch of spot Ethereum ETFs has not sparked the expected growth, with the ...
Shiba Inu, a cryptocurrency that gained massive popularity in 2021 with a staggering 45 billion percent increase, has been a topic of heated debate. Initially driven by hype, it lost most of its value by mid-2022. However, the token is experiencing a resurgence. Shiba Inu was created as a playful alternative to Dogecoin, but like ...
Shiba Inu (SHIB) has sparked interest as a potentially lucrative cryptocurrency, with a staggering rise of 45,278,000% in 2021, though it later lost much of its value. Now, it’s making a comeback, raising the question of its viability as a long-term investment. As a meme coin created as an alternative to Dogecoin, Shiba Inu lacks ...
Bitcoin is currently priced around $95,000 after dropping from a recent peak of $108,353. This marks its first significant decline since the election of President Trump in November. Although Bitcoin faced a tough week, some institutions, like Japan’s Metaplanet, are taking the opportunity to buy, investing nearly $60 million to acquire Bitcoin during this dip. ...
