Tether’s recent report reveals that there are now 109 million on-chain wallets holding USDT, making it one of the most popular digital assets. This growth positions USDT in close competition with Ethereum, vastly exceeding Bitcoin’s wallet numbers. The report notes that USDT is heavily integrated into centralized platforms, with 86 million accounts receiving on-chain deposits ...
Today, cryptocurrencies experienced a dip as Bitcoin dropped from $100,000 to about $97,500, amidst rising Treasury yields and upcoming inflation data. Other major cryptocurrencies like XRP fell significantly, while meme tokens like Dogecoin and Shiba Inu also dropped. Interestingly, MicroStrategy announced a substantial Bitcoin purchase, holding a total of $25.6 billion in the cryptocurrency. Meanwhile, ...
Last week marked a record high for digital asset investment products, with inflows reaching an astonishing US$3.85 billion. This surge has pushed the total inflows for the year to US$41 billion and assets under management to a new peak of US$165 billion. Ethereum led the charge with its own record inflows of US$1.2 billion, while ...
Nvidia has been a top-performing tech stock, rising 192% this year and an incredible 2,547% over five years. However, hedge fund manager Israel Englander is reducing his Nvidia holdings by 12.5% while significantly increasing his Bitcoin investment by 120%. He bought millions of shares in popular Bitcoin ETFs. This move suggests he believes Bitcoin may ...
Are you on the hunt for the next cryptocurrency poised for explosive growth? Many investors are eager to find that one digital asset, like EarthMeta, that can yield massive returns. The key isn’t just luck; it involves strategy, thorough research, and Market understanding. With thousands of cryptocurrencies available, keeping up with the latest news and ...
Peter Schiff, a well-known cryptocurrency skeptic, has expressed doubts about Jim Cramer’s optimistic views on Bitcoin, particularly after it recently surpassed the $100,000 mark. Schiff argues that Cramer’s bullish remarks resemble those typically made at Market peaks, suggesting that they might indicate a price drop is imminent. Cramer, on his CNBC show Mad Money, celebrated ...
Bitcoin has recently surged past the $100,000 milestone, drawing attention from investors, some of whom fear they missed the opportunity to invest. However, renowned investor Cathie Wood predicts significant growth ahead, suggesting that the price could reach as high as $1.5 million. For those wanting to invest but unsure about buying Bitcoin directly, Bitcoin ETFs, ...
Cryptocurrency investors often miss out on significant opportunities by solely identifying with their assets and hesitating to take profits, says David Kalk, chief investment officer at Reflexive Capital. With extensive experience in traditional markets, Kalk aims to introduce institutional-risk management to the crypto space. He notes that many Market participants take a “HODL” approach, clinging ...
This past week in the crypto world saw Bitcoin, XRP, and Shiba Inu take center stage, with Bitcoin showing promising developments for its future. BTC miner MARA announced a significant fundraising plan to boost Bitcoin purchases, while MicroStrategy made headlines by buying over 15,000 BTC. Meanwhile, XRP gained traction as it climbed past Solana and ...
Bitcoin has been experiencing significant price fluctuations, struggling to surpass the crucial $100,000 mark. Despite facing resistance, the cryptocurrency has shown impressive growth, rising 50% since early November. Analyst Axel Adler emphasizes the Bitcoin Price Temperature, currently at 3.2 degrees, indicating rising Market activity. Historically, higher levels often correlate with substantial price increases. Adler predicts ...
