Circle, the company behind the stablecoin USDC, saw its stock price fall recently, even though their latest numbers looked pretty good on the surface. Let’s break down why. Slower Growth Than Expected While USDC’s supply jumped 90% in the past year to a whopping $61.3 billion, and Circle’s revenue soared 53% to $658 million, analysts…
SharpLink is quickly becoming a major player in the world of corporate Ethereum holdings. They’re accumulating ETH at an insane rate, potentially surpassing all other companies in both speed and total holdings. SharpLink’s Winning Strategy So, what’s SharpLink’s secret? According to Ethereum co-founder Joe Lubin, they’re not just playing the game – they’re dominating it….
Bitcoin might be gearing up for another big price jump, potentially reaching six figures again. A crypto analyst, Rekt Capital, thinks so. He says Bitcoin’s recent price action puts it back on track for a $160,000 target, but a few things need to happen first. The Bull Flag Breakout Rekt Capital’s analysis shows Bitcoin not…
Bitcoin is doing great, trading at around $121.5K and attracting tons of investment. So why is a new crypto presale, Bitcoin Hyper ($HYPER), already raking in over $9.5 million? It’s all about addressing Bitcoin’s limitations. Bitcoin’s Growing Pains While Bitcoin is a solid store of value, it has some serious shortcomings: Slow Transactions: Bitcoin only…
For a while, many crypto folks thought XRP could surpass Ethereum in market value. XRP’s huge price jump late last year fueled this idea, especially as Ethereum struggled. Analysts were pretty confident it would happen. A Change of Heart But a well-known analyst, “Charting Guy,” who was a big supporter of this “flippening,” has changed…
Ethereum is on fire! It’s up 29% in the last week and almost hitting its all-time high of around $4,800 (set in 2021). Right now, it’s trading at about $4,662, getting close to a major resistance level between $4,750 and $4,800. Record-Breaking Network Activity But it’s not just the price that’s exciting. Ethereum’s network activity…
Choreo, a wealth management firm managing over $27 billion in assets, recently revealed a significant investment in Bitcoin exchange-traded funds (ETFs). This amounts to roughly $6.5 million spread across several different Bitcoin ETFs. Breaking Down the Investment The filing with the SEC showed Choreo’s holdings as of June 30th: iShares Bitcoin Trust ETF (IBIT): Over…
Bitcoin’s price has skyrocketed since 2009, hitting a high of $122,000. But is it too late to jump on the bandwagon? Some experts say absolutely not. Bitcoin: Still in its Early Days? Fundstrat Global Advisors co-founder Tom Lee believes buying Bitcoin now is still early in the game. In a recent interview, he argued that…
XRP is making headlines, and a new cryptocurrency is riding its coattails. Let’s dive in! XRP’s Price Surge Huge investors recently bought a whopping $3.8 billion worth of XRP in just four days! This massive purchase fueled a price increase, pushing XRP closer to its all-time high (ATH). The price jumped from around $2.85 to…
Recent breakthroughs in quantum computing have some people worried about the security of cryptocurrencies like Bitcoin. Companies like Microsoft, Google, and IBM are making impressive strides, with new chips and ambitious roadmaps promising powerful quantum computers. But is there really cause for alarm? A Google expert says, “Nope!” The Quantum Computing Hype Microsoft’s new Majorana…
