Tag Archives: crypto market

70% Decline In Corporate Crypto Treasury Buying: What’s Going On?

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A recent report from Bloomberg has unveiled a striking decline in corporate investment in crypto treasuries, highlighting a significant shift in this new trend that has considerably taken the market by storm throughout the year. Purchases by publicly traded digital-asset treasuries have plummeted dramatically, from 64,000 Bitcoin (BTC) in July to just 12,600 in August,… Continue reading 70% Decline In Corporate Crypto Treasury Buying: What’s Going On?→

SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round

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The industry’s largest stablecoin issuer, Tether (USDT), is reportedly in discussions with a series of leading firms including SoftBank Group and Ark Investment Management, for a significant funding round aimed at raising between $15 billion and $20 billion.  This capital influx could potentially value the company at an astonishing $500 billion. Bloomberg News first reported… Continue reading SoftBank, Ark Invest Among Potential Investors In Tether’s $15 Billion Funding Round→

All-Time Highs For Gold, S&P500; Crypto Stands Alone In The Red – What’s The Root Cause?

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Crypto markets have recently faced renewed challenges, despite a brief resurgence following the US Federal Reserve’s (Fed) rate cut that initially propelled Bitcoin (BTC) back toward the $120,000 mark.  This week, however, Bitcoin has dropped to the lower end of its established consolidation range, fluctuating between $110,000 and $115,000. Analysts from The Bull Theory have… Continue reading All-Time Highs For Gold, S&P500; Crypto Stands Alone In The Red – What’s The Root Cause?→

Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

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Tether, the issuer of the world’s largest stablecoin by market capitalization and trading volume, USDT, is reportedly seeking to raise between $15 billion and $20 billion through a private placement, potentially elevating the company’s valuation to around $500 billion.  As recent reports highlighted on Tuesday, this ambitious financial maneuver could position Tether alongside some of… Continue reading Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans→

Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

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The cryptocurrency market began the week with a notable downturn, as total sector capitalization dipped toward $3.8 trillion. Bitcoin (BTC), the leading cryptocurrency, experienced a significant correction, trading as low as $112,700.  CoinGecko data shows that this decline had a ripple effect, causing major altcoins such as Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE)… Continue reading Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?→

BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000

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Ethereum’s institutional narrative is strengthening as US-based Spot ETF trackers witnessed another week of inflows last week. BlackRock’s ETHA fund captured the majority of this activity with more than half a billion dollars in new investments, while other ETFs struggled with minor outflows.  At the same time, technical patterns are aligning with this buying pressure,… Continue reading BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000→

XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details

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XRP has failed to maintain bullish momentum after pushing as high as $3.13 during the week. At the time of writing, XRP is trading around $3.00 and testing its resilience above this level after sliding alongside Bitcoin. The resulting price action is a defining moment for XRP’s short-term trend, according to technical analysis, and crypto… Continue reading XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details→

As XRP Grabs Headlines, Can Cardano Price Surge Toward $100?

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While tokens like XRP dominate headlines amid rising gearing up for a massive breakout. The big question now is whether the cryptocurrency has the momentum to reach a $100 milestone.  Why A $100 Cardano Price Remains A Distant Goal Cardano’s price action has generated significant interest in recent months, as analysts from Changelly attempt to… Continue reading As XRP Grabs Headlines, Can Cardano Price Surge Toward $100?→

Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist – The Next Big Thing?

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Shiba Inu is now entering the same space as some of the largest cryptocurrencies when it comes to discussing exchange-traded funds (ETFs). The SHIB coin is starting to gain notice as it appears on Coinbase’s radar. Coinbase already offers a futures product for Shiba Inu, and this step positions the meme coin for consideration as… Continue reading Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist – The Next Big Thing?→

BNB Chain Projects Lead Binance Wallet With 2,000x IDO Returns

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As the BNB’s price continues to soar, BNB Chain projects are leading Binance Wallet’s top ten Initial DEX Offerings (IDOs) list with up to 2,000x historical returns. BNB Chain Projects Top Binance Wallet The BNB Chain ecosystem has seen a strong performance recently, with the Binance Wallet leading among IDO launchpads in terms of profitability,… Continue reading BNB Chain Projects Lead Binance Wallet With 2,000x IDO Returns→