With theUS Bitcoin reserve potentially coming after Trump’s inauguration, it seems like cryptocurrencies will see new rallies in the first quarter of 2025. Bitcoin took a dip to $102,000 setting the pace for the rest of the market. It lost over 2% in the past 24 hours, which had a major impact on meme coin…
BitMine Immersion Technologies has added a major Ethereum position to its balance sheet, but the market reaction shows investors are not automatically rewarding every corporate crypto treasury move. The company disclosed the purchase of 42,197 ETH, valued at roughly $73 million, in a July 16 SEC filing. The acquisition expands BitMine’s Ethereum treasury strategy at…
Fidelity Digital released a survey report recently displaying substantial growth in a number of categories surrounding digital assets. Across Europe and the U.S., year-over-year growth existed in almost every category, which includes current exposure and perception and appeal. Let’s take a deeper dive into the survey and some of it’s takeaways. Crypto Catalysts: Fidelity’s Findings…
In 2009, Satoshi Nakamoto launched Bitcoin as a seeming response to the 2008 Great Recession, during which banks and other financial institutions created an environment conducive to economic collapse. The pseudonymous coder’s intentions in launching Bitcoin was implied by a message they embedded in the header of the blockchain’s genesis block, which referenced a headline…
Tether is again making it clear that it does not want to be viewed only as a stablecoin issuer. Its $25 million investment in telecom infrastructure pushes the company deeper into the world of physical networks, decentralized connectivity, and strategic capital deployment. That shift matters because Tether now sits on one of the largest capital…
As you likely well know, Bitcoin (BTC) hasn’t been doing too hot as of late, losing 45% of its year-to-date high of $14,000. Despite this unfortunate downturn, which came after many were calling for Bitcoin to “moon,” many remained committed to the cryptocurrency vision. Fidelity Expands Bitcoin Operations Revealed in a report published by the…
Altcoins — crypto assets that are not Bitcoin — have done extremely well over the past four weeks.Per data from TradingView.com, after reaching 68%, Bitcoin dominance — the percentage of the crypto market that consists of BTC — has fallen to 64%. It’s a 4% drop that amounts to billions in this multi-billion-dollar asset class.Chart…
If you have followed the Bitcoin industry’s news cycle over the past two years, you likely would have noticed an incessantly recurring trend: Bitcoin exchange-traded funds (ETFs). These financial vehicles, which have yet to appear in U.S. markets, are believed by some analysts to be the catalysts that could propel this nascent market to new…
Dozens if not hundreds of new memes go live every month, but only a handful gather enough momentum during presale to result in 10X gains Meme coins have been in an expansion in the past couple of years. . Frog-themed meme coins have been among those reporting the highest returns in the past year, and…
Since Bitcoin (BTC) began to falter in early-2018, optimistic investors, many of which are “HODLing,” have resorted to grasping for straws. Case in point, the words, “Wall Street” and “institutional investors,” are incessantly mentioned, as crypto diehards have sought to find a light at the end of the proverbial tunnel. But are institutional stakeholders really…