Crypto

Meme coins have been causing quite a stir in the cryptocurrency market, with traders seeing massive gains in a short amount of time. One such example is Pepe (PEPE), which has seen its valuation skyrocket by almost 800% in the past year. A trader who bought 170.2 billion PEPE coins back in October of last
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In the midst of the crypto bull run of 2021, non-fungible tokens (NFTs) and the cryptocurrencies associated with them took center stage. This trend brought about a surge of interest and investment in the space, leading to the creation of numerous NFT-related coins. Despite the waning enthusiasm, the total market capitalization of NFT-related cryptocurrencies still
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Ferrari, the iconic Italian luxury sports car manufacturer, has recently announced plans to expand its cryptocurrency payment system. This expansion is set to take place in its network of European dealers starting from the end of July. Furthermore, Ferrari aims to extend its crypto transaction options to additional countries in its global dealership network by
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The recent launch of spot Ethereum ETFs has left many investors disappointed, especially when compared to the successful launch of spot Bitcoin ETFs earlier this year. While the initial day showed promise with over $106 million in net flows, the following days saw a concerning trend of outflows, with more than $341.8 million being pulled
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The launch of Ethereum exchange-traded funds (ETFs) on US stock exchanges this year was met with anticipation. However, the initial trading days left much to be desired. Despite the greenlight from the US Securities and Exchange Commission and substantial inflows on the first trading day, the following days saw significant outflows, particularly from Grayscale’s ETHE.
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Kennedy suggests that the federal government should invest in Bitcoin until its value matches that of the country’s gold reserves. The current US gold reserves are estimated at 8,133 tonnes, valued at approximately $615 billion. This proposed investment would translate to around 9.4 million BTC, which is almost 45% of the total Bitcoin supply. Kennedy
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Over the past week, Ethereum experienced a significant price drop of over 10% despite the launch of several Ethereum ETFs. This unexpected turn of events has transformed the previously strong support level at $3,300 into a resistance level. If buyers fail to reclaim this level soon, there is a possibility that sellers may drive the
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