Articles for tag: Bitcoin, Cryptocurrency, Ether, Federal Reserve, Inflation, investment predictions, market trends

Market News

Bitcoin Flash Crash Impacts Meme Coins: How Doge, Shiba, and Pepe are Affected in the Market Downturn

Bitcoin recently fell almost 10% from its all-time high, dragging down the prices of many altcoins and popular meme coins like Dogecoin and Shiba Inu. This flash crash has abruptly ended the altcoin season, with technical indicators showing mixed signals for Bitcoin’s future. Meme coins saw significant losses, erasing nearly 15% in Market capitalization. Despite ...

Market News

BTC Stabilizes as Traders Monitor Microsoft Vote on Investment Proposal Insights and Market Reactions.

Today, Bitcoin is priced at about $97,800 following a nearly 4% drop on Monday, which resulted in over $1.69 billion in liquidations across the crypto Market. A crucial Microsoft shareholders’ vote scheduled today could allow Bitcoin to be added to the company’s balance sheet, potentially driving prices upward. Despite recent declines, strong institutional interest remains, ...

Market News

Tether USDT Wallets Reach 109 Million, Surpassing Bitcoin and Ethereum in User Growth and Adoption.

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 ...

Market News

Cryptocurrency Struggles: Why XRP, Dogecoin, and Shiba Inu Are Facing Challenges Today

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, ...

Market News

Billionaire Israel Englander Sells Nvidia, Invests in This Trending Cryptocurrency for Strategic Profit Shift

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 ...

Market News

Key Statements to Watch for Near Market Tops: Indicators of Market Trends and Investor Sentiment

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 ...

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