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The London Stock Exchange Group (LSEG) just made a big move into the world of blockchain technology. They’ve launched a new system for private funds, and it’s already handled its first fundraising! A New Platform for Private Funds This new system, called “Digital Markets Infrastructure” (DMI), was built with Microsoft and uses Microsoft’s Azure cloud….
A brand-new political action committee (PAC) is throwing its weight behind crypto, promising to spend a whopping $100 million to support politicians who are friendly to the crypto industry. This group, called the Fellowship PAC, wants to make sure the US stays a leader in the world of digital assets. The Fellowship PAC: Transparency and…
Wall Street veteran Jordi Visser predicts a surge in Bitcoin investment from US institutional investors before the year’s end. He expects this to really pick up in the fourth quarter as fund managers prepare their portfolios for 2025. Some will make small adjustments, while others might significantly increase their Bitcoin holdings. Institutional Interest is High…
Michael Saylor’s company, MicroStrategy (let’s just call it Strategy), is making waves with its massive Bitcoin investment. Saylor claims their Bitcoin strategy has outperformed even the biggest tech giants. Let’s dive into the details. Strategy’s Bitcoin Bonanza Strategy currently owns around 638,460 Bitcoins, recently adding another 1,955. Their total investment? Roughly $47 billion, with an…
Bitcoin’s price has been bouncing around $116,000 lately, leaving some wondering if it’ll keep climbing. But one analyst thinks a big move is coming. A Breakout Could Spark a Rally Joao Wedson, CEO of Alphractal, says Bitcoin could be ready for a serious price increase. His prediction? A decisive break above $118,000. The $117,000 Hurdle…
Dogecoin ($DOGE) is having a fantastic September, up a massive 32%! Many think this is just the beginning of a bigger altcoin boom. What’s Fueling the Dogecoin Rally? This rally isn’t random. Dogecoin recently broke through a key technical pattern, leading to a strong upward trend. Interestingly, this is happening even though a planned Dogecoin…
Shibarium, a Layer 2 network for Shiba Inu, got hit with a major hack, losing about $2.4 million. Let’s break down what happened. The Hack: A Flash Loan-Style Attack A hacker exploited a vulnerability in Shibarium’s bridge. Using funds from a previous bridge hack, they snagged 4.6 million BONE tokens (Shibarium’s governance token) in a…
Wall Street veteran Jordi Visser predicts a big increase in Bitcoin investment from traditional finance institutions by the end of the year. He made this prediction during an interview, stating that increased allocations are inevitable. Anthony Pompiliano, also in the interview, agreed, predicting a downturn for Bitcoin bears. Visser acknowledged Bitcoin’s current stagnation due to…
An altcoin boom might be just around the corner! The TOTAL2 chart (which tracks the total value of all cryptocurrencies except Bitcoin) just hit a new all-time high, exceeding $1.7 trillion. This mirrors a similar event in 2021, which led to a massive 260% increase in altcoin market capitalization. Analysts are predicting a similar surge…
Ethereum’s price has been a bit wobbly lately, but some big players are showing serious confidence in the cryptocurrency. This suggests that despite the market uncertainty, Ethereum’s long-term prospects look good. Institutional Investors are Loading Up New data shows three massive Ethereum investors (whales) recently bought over $205 million worth of ETH from FalconX. This…
