Despite the overall negative sentiment in the cryptocurrency market, Bitcoin investors holding more than $600,000 worth of BTC have been steadily accumulating more coins over the last six months. According to data from Santiment, wallets holding more than 10 BTC have increased their collective holdings by 1.07% in this time period, adding up to over
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In the realm of meme coins, one of the latest sensations to capture the attention of the crypto community is DADDY. Over the past 24 hours, DADDY has seen a remarkable price surge of 35%, reaching a trading value of about $0.15 according to CoinGecko. This surge has propelled the token’s market capitalization to nearly
Meta’s Mark Zuckerberg has a vision for the future – a world where smart glasses equipped with holographic displays will replace traditional mobile phones as the primary communication and computing device. In a recent interview with YouTuber Kane “Kalloway” Sutter, Zuckerberg discussed Meta’s exciting future products, including a set of smart glasses packed with cameras,
Crypto analyst Quinten François has painted a remarkably optimistic picture of Bitcoin’s future trajectory, suggesting that the flagship cryptocurrency could surge to as high as $4.5 million. He pointed out the significance of Bitcoin’s fourth halving and claimed that the real action is just getting started. According to Quinten, Bitcoin is currently situated at the
Recently, KuCoin announced that it would be introducing a 7.5% value-added tax on trading fees for Nigerian users starting on July 8. This decision has raised eyebrows in the crypto community as it marks a significant shift in the taxation landscape for digital assets in the country. The firm stated that the VAT would be
Cardano (ADA) has recently experienced a significant retracement from its yearly high of $0.810 in March to as low as $0.357 on June 22. However, unlike Bitcoin (BTC) and Ethereum (ETH), ADA has now shown a deviation from the broader market struggles by exhibiting a 2% increase in the past 24 hours and over 12%
Asset managers are eagerly awaiting the Security and Exchange Commission’s approval for the first U.S. ETFs directly investing in Ethereum. There is optimism that this approval may come as soon as mid-July. The SEC has set a deadline of July 8 for ETF applicants to submit updated paperwork and amended S-1s, with possible additional rounds
Ethereum’s price faced a setback after reaching the $3,500 mark on Monday, dropping back to the $3,400 support level due to a delay in the full approval of Ethereum ETF applications by the Securities and Exchange Commission (SEC). The SEC was expected to approve the applications by July 2, but issuers were requested to submit
Fundstrat’s head of research, Tom Lee, has once again made headlines with his prediction that Bitcoin will surge to $150,000. This bullish outlook on the pioneer cryptocurrency has sparked a debate among investors and analysts alike. While some believe in Lee’s optimistic forecast, others remain skeptical about the feasibility of such a sharp price increase.
Galaxy Digital CEO Mike Novogratz has shared his optimistic outlook on the regulatory environment for cryptocurrencies in the US. He emphasized the importance of bipartisan support, stating that crypto should not be a partisan issue. Despite some opposition from lawmakers like Senator Elizabeth Warren, Novogratz believes that the majority of US politicians are leaning towards
