Hopes for a Pi coin launch in 2024 are waning as concerns mount over the KYC verification process, falling cryptocurrency prices, and the absence of a robust ecosystem. The Pi Network’s IoU token has seen a dramatic decline, dropping over 75% from its peak earlier this year and now trading at its lowest levels since […]
Japanese investment firm Metaplanet is intensifying its Bitcoin accumulation strategy, recently purchasing ¥300 million (approximately $2 million) worth of Bitcoin. This latest acquisition of over 38.4 BTC brings its total holdings to more than 398.8 BTC, valued at around $22.7 million based on current market prices. Metaplanet, which adopted Bitcoin as a reserve asset earlier […]
Bitcoin is experiencing a notable rebound on Monday, trading just above $57,000 and marking a 5% increase in the past 24 hours. This recovery follows a rough start to September, during which the price dipped below $53,000. Bitcoin’s performance has outpaced the broader market, with the Index gaining 4.2% and U.S. stocks, including the Nasdaq […]
Bitcoin has rebounded to the psychological $55,000 level, gaining 0.9% in the last 24 hours, despite recent bearish sentiment that briefly pushed it down to an intraday low of $53,650 on September 8. The leading cryptocurrency is currently trading at $55,000, with a notable increase in daily trading volume, which rose by 33% to reach […]
Bitcoin remained relatively stable over the weekend, trading between $54,000 and $55,000. This stability followed a significant liquidation of crypto long positions after a U.S. jobs report suggested a weaker labor market. This week is packed with events that could impact the market, including a highly anticipated Presidential debate and the release of key U.S. […]
A recent report by Bernstein suggests that if Donald Trump wins the U.S. election in November, Bitcoin (BTC) could reach new highs, potentially hitting $90,000 by the fourth quarter. In contrast, if Kamala Harris secures the presidency, Bitcoin may drop below its current floor near $50,000, possibly testing the $30,000 to $40,000 range. The analysis […]
Ripple (XRP) is poised for significant price action, with recent legal developments suggesting it could soon reach $2. As the SEC case progresses, investor confidence in XRP continues to strengthen. Meanwhile, RCO Finance (RCOF) is gaining attention as a potentially stronger investment, driven by its AI-powered trading capabilities. Here’s a closer look at both. XRP […]
The Commodity Futures Trading Commission (CFTC) is making a last-ditch effort after losing a court case to U.S. prediction market platform Kalshi. Late Friday, the agency filed an emergency motion seeking a temporary stay of the court’s decision that favored Kalshi, which would block the platform from listing election markets for at least 14 days. […]
Venture capitalists are significantly ramping up their investments in crypto-related funds this year, marking a stark contrast to the downturn experienced last year. According to a recent PitchBook report released on September 5, the median fund size has surged by 65.1%, reaching $41.3 million in 2024. Crypto-savvy investors are increasingly establishing midsized venture capital funds, […]
The Trump family’s latest business venture, initially branded as “The Defiant Ones” and now known as World Liberty Financial, is already surrounded by controversy just days after its announcement. The platform is being promoted by Trump’s eldest sons, Eric Trump and Donald Trump Jr., who serve as “ambassadors” for the initiative. However, reports reveal connections […]