Méliuz, a Brazilian fintech company, has made headlines by becoming the first in the country to add Bitcoin to its corporate treasury. This bold move involved purchasing 274.52 BTC for a whopping $28.4 million, bringing their total Bitcoin holdings to 320 BTC, currently worth over $33 million. Shareholders Approve Bitcoin Strategy On May 15th, Méliuz…
Is Dogecoin about to explode? Recent data suggests a possible breakout. Whale Accumulation Big Dogecoin investors (whales) have been quietly buying up DOGE over the past month. Those holding between 100 million and 1 billion DOGE increased their holdings significantly, adding about 1.4 billion DOGE – roughly $300 million worth – to their wallets. This…
The possibility of a Dogecoin ETF (exchange-traded fund) in the US is looking more likely than ever. This is thanks to a big move by the Securities and Exchange Commission (SEC). SEC Greenlights Dogecoin ETF Review The SEC has officially acknowledged 21Shares’ application for a Dogecoin ETF. This starts the official review process. The SEC…
Bitcoin is hovering near its all-time high, only about 5% away! After a huge rally, it’s taking a breather, consolidating its gains. The big question is: what’s next? Bulls Still in Charge, But Uncertainty Remains The price is holding strong above $100,000, showing bulls are still in control. However, opinions are divided. Some think this…
Google’s cybersecurity team has issued a serious warning to US retailers about a new wave of cyberattacks. These attacks, similar to those recently crippling UK businesses, involve ransomware and extortion. Hackers Targeting American Businesses Analyst John Hultquist from Google’s threat analysis group delivered a stark message: “Shields up US retailers. They’re here.” The attacks are…
Bitcoin is dancing dangerously close to a major drop, according to trader Jason Pizzino. He’s issued a warning to his large YouTube following. Resistance Levels and Potential Trouble Pizzino points out that Bitcoin has repeatedly failed to break through a key resistance level, just shy of its all-time high of around $109,000. He highlights the…
JPMorgan Chase CEO Jamie Dimon isn’t ruling out a US recession. He cited significant uncertainty in the global economy as a major factor. Recession Odds and Global Worries In a recent interview, Dimon stated that economists at JPMorgan Chase estimate a 50% chance of a recession. While he hopes to avoid one, he emphasized the…
Bitcoin’s recent 20% surge has a prominent investor predicting a massive price jump. Matt Hougan, Chief Investment Officer at Bitwise, believes several factors could push Bitcoin’s price over 95% higher in the coming months. $200,000 Bitcoin: A Bold Prediction Hougan’s prediction? Bitcoin will surpass $200,000 by the end of the year. He points to positive…
Bitcoin’s price has been soaring lately, exceeding $100,000 and boosting investor confidence. But a warning sign has appeared that could signal a major shift. A Familiar Warning Sign Back in 2022, the FTX collapse triggered a massive Bitcoin sell-off, causing a brutal price drop of over 60%. A specific indicator, the weekly SuperTrend, flashed a…
Bitcoin recently broke back above $100,000, a significant milestone. But what’s next? Some analysts predict a brief pause before the next price surge. Bitcoin’s Recent Rally and Key Levels Bitcoin’s price has been on a tear lately, climbing over 23% from around $84,000 in just a month. It even hit a three-month high of $105,819!…
