Author: James Wilson
Today’s edition of the weekly recap covers Strategy’s continued Bitcoin purchases, Kraken’s expansion into traditional financial products, and another SEC investigation closure. Strategy acquires additional 3,459 Bitcoin Kraken expands to stocks and forex trading SEC closes CyberKongz investigation Healthcare firm… Source link
Bitcoin is currently worth around $83,793.85, marking a 2.47% decline over the past 24 hours, despite still being up 8.39% over the past week. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. While Bitcoin’s (BTC) pullback might appear minor in the broader scheme, deeper market signals hint at something more complex brewing beneath the surface, possibly the onset of a new crypto winter. Coinbase’s recent report outlines a cocktail of bearish indicators: global tariff escalations, reduced risk appetite in equities, and a notable 41% drop in the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. From memecoin mania to AI-powered innovation, analysts suggest Cardano, Pepe, Shiba Inu, and Lightchain AI could be among the next millionaire makers. As the crypto market continues to evolve, investors and analysts are focusing on the next round of potential millionaire-makers for 2025. Among the top contenders are Cardano (ADA), Pepe (PEPE), Shiba Inu (SHIB), and Lightchain AI (LCAI) — each bringing its own narrative, community, and unique strengths. While Cardano is praised for its scientific approach and roadmap…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With a sports-fueled narrative and a $13m presale, XYZVerse could be the memecoin to replicate Dogecoin’s early success. Memecoins have become a prominent fixture of the crypto landscape. From Dogecoin’s unexpected rise to the multitude of spin-offs that followed, they represent a recurring trend; community-driven assets with little to no initial utility that occasionally deliver significant returns. However, XYZVerse is positioning itself as a memecoin with a different narrative. Rather than relying solely on internet culture or celebrity endorsement,…
Dogecoin is stirring intrigue at $0.1560, with a slight 0.32% daily uptick, a 3.20% weekly dip, and a 10.45% monthly drop, holding a $23.23 billion market cap. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A crypto analyst, Ali, reveals that a striking 72.13% of Binance users are long on Dogecoin (DOGE) futures, dwarfing the 27.87% short positions, while Surf flags a volatile chart pattern. As this bullish bias unfolds, altcoins like Minotaurus (MTAUR) ride the market’s hum. Are DOGE supporters onto a breakout, or is their optimism…
Christopher Perkins, president of CoinFund, has issued a disapproval of the Bank for International Settlements’ (BIS) recent paper on crypto. Perkins called its recommendations “completely uninformed and frankly, dangerous.” The BIS report, titled “Cryptocurrencies and decentralized finance: functions and financial stability implications,” acknowledges cryptocurrency’s growing importance with the rise of ETFs, stablecoins, and tokenized assets. However, Perkins strongly objects to the paper’s containment approach to cryptocurrency regulation. “Guys, crypto is not communism. It’s the new internet that provides anyone with access to financial services,” Perkins stated. He rejected the comparison to Cold War containment strategies. “You cannot control it anymore…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Codename: Pepe is showing a pattern that led to Dogecoin’s massive surge. A unique pattern is emerging in the cryptocurrency world, drawing attention to its potential for massive growth. This pattern, which has been seen before in popular coins like Dogecoin (DOGE), now appears on Codename: Pepe. The curiosity is palpable, as traders and enthusiasts watch closely to see if history will repeat itself. With the crypto market on a bullish run, the spotlight is shifting to intriguing contenders…
Tether, the biggest stablecoin in the cryptocurrency industry, is ‘printing’ money as its revenue soars. TokenTerminal data indicates that Tether (USDT) has generated $1.46 billion this year, a figure that is expected to surpass $1.5 billion within the next few weeks. Its revenues are significantly higher than other stablecoins and other large players in the crypto industry like Tron (TRX), Circle, Solana (SOL), and Ethereum (ETH). Ethereum, which was the most profitable players in the crypto industry for a long time, has made just $157 million this year. Circle, the parent company of USD Coin (USDC), has made $620 million…
El Salvador’s big bet on Bitcoin has hit a snag: nearly all the crypto firms it registered aren’t actually playing by the rules. Nearly 90% of Bitcoin (BTC) service providers registered in El Salvador are not operating, according to a recent report by El Mundo, which cited data from the Central Reserve Bank, showing that out of 181 companies officially registered to offer Bitcoin services in the country, 161 are marked as “non-operating.” That’s about 89% of the total. Only 20 firms are still active. These include the government-backed Chivo Wallet, among others. El Mundo adds that at least 22…
Bitcoin and most cryptocurrencies remained in a tight range last week as investors monitored new developments in trade and the tensions between President Donald Trump and Jerome Powell. Artificial Intelligence tokens like Bittensor, Render, and AI Companions were the top-performing major cryptocurrencies last week as they jumped by double digits. The top cryptocurrencies to watch this week will be Mantra (OM), Memecoin (MEME), and Pi Network (PI). Mantra Mantra is one of the top cryptocurrencies to watch this week after its plunge last week. The management blamed the crash on liquidations by one large exchange, while Arkham pointed to token…