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Bitcoin’s price recently hit its highest point since January, exceeding $109,000 and even briefly touching $111,980. This surge has fueled a massive influx of investment into Bitcoin exchange-traded funds (ETFs). A $2.75 Billion Week for Bitcoin ETFs This week alone, spot Bitcoin ETFs saw a staggering $2.75 billion in investment – almost 4.5 times the…
Dogecoin has been on a bit of a rollercoaster lately. While it dipped slightly in the last 24 hours, its performance over the past week has been pretty impressive. A Bullish Breakout Dogecoin rallied from a low of $0.16 to a high of $0.26 on May 23rd, breaking through a key resistance level around $0.22…
This bull market is looking very different from 2021’s, and altcoins are feeling the pinch. Bitcoin’s price just hit a new all-time high, but the usual altcoin frenzy isn’t happening. Why? Let’s dive in. Institutional Investors Are Calling the Shots Matrixport, a crypto firm, points out that this Bitcoin rally is being driven by big…
BNB’s price has been a rollercoaster lately, even when the rest of the crypto market was sleepy. After a tough start to Q2, struggling to stay above $500, it bounced back strongly, breaking through the $600 mark in early May. But hitting $700 and reclaiming its all-time high? Not so easy. Whale Watching: The Big…
Bitcoin is hitting record highs, ignoring all the economic doom and gloom. It recently topped $112,000, making investors pretty happy and suggesting the upward trend is still going strong. Even with inflation, rising interest rates, and global tensions, Bitcoin’s popularity as a safe digital asset keeps attracting money. Altcoins: A Different Story But while Bitcoin’s…
A new report reveals a shocking connection between Facebook and a massive wave of Zelle payment scams. It turns out that Meta, Facebook’s parent company, is unknowingly (or perhaps knowingly) facilitating a huge number of these scams. Meta: The Unwitting (or Willing) Accomplice? According to the report, Meta’s platforms, Facebook and Instagram, are responsible for…
Billionaire investor Bill Ackman has made a major shakeup to his portfolio. His hedge fund, Pershing Square Capital, sold off a significant chunk of its holdings – $1.039 billion worth of Canadian Pacific Railway stock. Goodbye Trains, Hello Amazon This move, which represented 8.7% of Pershing Square’s assets, wasn’t a sign of losing faith in…
A huge data breach at Ascension, a Missouri-based healthcare company, has exposed the personal information of nearly half a million Americans. The leak includes highly sensitive data, prompting concerns about identity theft and fraud. What Information Was Leaked? The breach involved a “hacking/IT incident,” according to the Department of Health and Human Services. Ascension confirmed…
Economist and trader Alex Krüger predicts a Bitcoin price surge. He’s forecasting a jump to $120,000 in June, fueled by a significant event. The FTX Factor Krüger believes the upcoming payout of roughly $5 billion to FTX creditors will boost Bitcoin’s price. He thinks this large sum of money will mostly end up back in…
The crypto market is super volatile, especially for meme coins. But even with the ups and downs, one Solana-based meme coin, BONK, is seeing some serious buying activity. Smart Money is Betting on BONK According to The Solana Post, BONK is a hot commodity among “smart money” investors – those who tend to pick winners…
