Cathie Wood’s ARK Invest is showing its continued confidence in Coinbase (COIN), even with the recent market downturn. ARK’s Coinbase Purchases On April 4th, ARK Invest made three separate purchases of Coinbase stock, totaling over $13 million. This brings ARK’s total COIN holdings to a whopping $448.7 million, making it the second-largest holding across all…
Billionaire investor Bill Ackman believes President Trump will postpone the planned tariffs. He thinks the President’s phone has been blowing up with calls from other countries trying to negotiate. Too Many Calls, Not Enough Time Ackman, CEO of Pershing Square Capital Management, posted on X (formerly Twitter) that there isn’t enough time for Trump to…
Bitcoin’s network just smashed a record! Its processing power, called the hashrate, recently topped an incredible 1 Zetahash per second (ZH/s). That’s a huge milestone in Bitcoin’s 16-year history. When Exactly Did It Happen? Different websites tracking Bitcoin’s hashrate report slightly different dates. Some say it happened around April 4th, 2023, others say April 5th….
Ethereum’s price has been on a rollercoaster lately, dropping significantly due to market volatility. But there are some signs that things might be looking up. Binance Shows Reduced Selling Pressure Data from on-chain analyst Darkfost shows a positive shift in the Ethereum market on Binance, one of the world’s biggest crypto exchanges. The selling pressure…
Bitcoin’s recent price drop below $80,000 has many wondering about the future. Ki Young Ju, CEO of CryptoQuant, believes the bull market is officially over. The Bear Market Argument Ju, in a recent post, declared that Bitcoin’s upward trend has ended, predicting bearish conditions for at least the next six months. His analysis centers around…
Bitcoin took a nosedive recently, dropping below $80,000 and briefly hitting lows around $74,400. This has investors worried, and the overall crypto market is looking bearish. A Technical Warning: The Death Cross Things got even more concerning when a “death cross” appeared on Bitcoin’s chart. This happens when the 50-day moving average falls below the…
Conor McGregor’s attempt to launch a cryptocurrency called “REAL” totally bombed. The presale, which lasted 28 hours, only raised $392,315 from 668 bidders – way below the $1,008,000 needed to actually launch the coin. Why the Failure? The developers, Real World Gaming DAO (RWG), blamed the poor performance on the current tough economic climate. This…
Ethereum is tanking. The entire crypto market is down, and Ethereum’s price has just plummeted. It lost a major support level at $1,800, dropping about 14.5% in just 24 hours. A Deep Dive into the Downward Spiral Things are looking pretty grim. One analyst predicts Ethereum could even fall to $1,000-$1,500. He thinks Ethereum’s current…
Ethereum’s price has been falling, hitting lows around $1,400 – levels not seen since early 2023. This has investors worried, especially since Ethereum is down over 65% from its 2024 high. Capitulation and a Potential Turnaround Analyst Ted Pillows believes Ethereum is in a capitulation phase, meaning a final sell-off is likely before a rebound….
A VanEck analyst suggests that international trade disputes could be a game-changer for cryptocurrencies. Tariffs and Crypto: An Unexpected Connection? Matthew Sigel, head of digital assets research at VanEck, believes that new US tariffs, and potential retaliation from China and the EU, could significantly increase the adoption of Bitcoin (BTC). He points to recent examples…
