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Bitcoin’s price has been pretty stable lately, hovering between $106,000 and $112,000 after hitting a new high of $111,814. Even though miners sold off some Bitcoin after that high, the price stayed above $108,000. Why? Because long-term holders, the “diamond hands,” stepped in and bought the dip. Long-Term Holders are Accumulating Data shows that long-term…
Bitcoin recently hit a new all-time high, then dipped a bit. But even with the price fluctuation, something interesting is happening: big investors, also known as “whales,” are piling back into Bitcoin. Whale Watching: A Surge in Big Investors A recent report from Santiment, a crypto data platform, shows a significant increase in the number…
A big investment is shaking up the world of cryptocurrency! VivoPower, a Nasdaq-listed company, just secured a massive $121 million investment to create the world’s first publicly traded company focused on XRP, a popular cryptocurrency. A Royal Investment The biggest chunk of this investment—a whopping $100 million—came from Prince Abdulaziz bin Turki Abdulaziz Al Saud…
Bitcoin is making headlines, and for good reason! It recently hit a new high, and experts believe there’s still a lot of room for growth. Let’s dive into why Bitcoin’s future looks bright and explore some other promising crypto projects. Bitcoin’s Price Predictions: From $130K to $1.5M! Experts are bullish on Bitcoin, with predictions ranging…
Ethereum is making a comeback! After a long period of sideways movement, it’s surged past $2,700, and experts think it’s poised for a much bigger jump. Ethereum’s Breakout Potential The excitement around Ethereum isn’t just hype. Analysts see it “coiling,” ready to break through the significant $3,000 mark. Big institutional investors are piling in, drawn…
A popular crypto analyst is predicting a big shift in the crypto market, suggesting altcoins are about to outperform Bitcoin. Altcoins Ready to Shine? Michaël van de Poppe, who boasts nearly 800,000 followers on X (formerly Twitter), believes the long period of altcoins underperforming Bitcoin is nearing its end. He’s basing this on the Bitcoin…
SharpLink Gaming, a gaming company chaired by Ethereum co-founder Joseph Lubin, is making a huge move into the crypto world. They’re planning to build a massive Ethereum (ETH) treasury, starting with a whopping $475 million investment. Funding the ETH Purchase To get the ETH, SharpLink is selling over 69 million shares of its stock. This…
US banks had a surprisingly good first quarter of 2024, posting massive profits thanks to a surge in non-interest income. Record Profits Despite Economic Headwinds The Federal Deposit Insurance Corporation (FDIC) reported that US banks earned a net income of $70.6 billion, representing a 1.16% return. This is a $3.8 billion (5.8%) increase compared to…
The Department of Labor (DOL) is reversing course on its 2022 decision to block digital assets from 401(k) retirement plans. This means that employers may now consider offering crypto as an investment option in their retirement plans. A U-Turn on Crypto Restrictions The DOL’s 2022 guidance strongly discouraged the inclusion of cryptocurrencies in 401(k)s, citing…
Bitcoin is getting close to what many experts think will be the final and most exciting part of this bull market. After a big price jump over the last couple of months, it’s now hanging out just below $112,000 – a crucial psychological and technical hurdle. Breaking through this could mean a massive price increase….
