As of the close of 2024, there has been a noticeable increase in institutional interest in Bitcoin, evidenced by the presence of 1,573 institutions with long exposure to the cryptocurrency, as reported by Sam Callahan, a well-respected analyst and educator in the realm of Bitcoin. This finding was derived from an analysis of 13F filings
Crypto
In the ever-evolving landscape of cryptocurrency, meme coins have emerged as a unique blend of entertainment and investment, capturing the attention of both enthusiasts and critics alike. Notoriously dismissive of the meme coin phenomenon, Dave Portnoy, the founder of Barstool Sports, recently waded into the waters with his own creation, $GREED. However, his brisk exit
Chainlink (LINK) has recently been on a tumultuous downward trajectory, experiencing a significant 40% price drop in the last month. Currently trading slightly above $18, this decline has sparked discussions regarding the future of the token. While the market appears to be gripping onto fears of prolonged losses, underlying metrics hint at a possible turnaround,
Ripple (XRP) has recently encountered a challenge at the significant price point of $2.8, reflecting a minor decline in its value. This scenario indicates a momentary rejection at a resistance level that is critical for the asset’s performance. As one observes the cryptocurrency’s movements, it is clear it is approaching essential support levels, creating an
In the realm of cryptocurrency, volatility is a constant companion. Recently, we’ve observed significant declines, with market capitalization plummeting approximately 3% over a 24-hour period, resulting in a total of around $3.24 trillion. These fluctuations, particularly affecting altcoins, have ignited conversations about market stability, investor sentiment, and the overall trajectory of digital currencies this February.
The financial world often witnesses repeating market trends, with certain periods exhibiting statistically significant price movements. One such phenomenon is the “sell in May” effect, a strategy deeply rooted in traditional finance. This concept posits that stock market performance tends to sag during the warmer months, with the best investment returns typically occurring between November
The crypto landscape has always been a breeding ground for speculation, and recent events surrounding the LIBRA token have underscored the sheer volatility of meme coins. Alon Cohen, co-founder of Pump.fun, a platform dedicated to the creation of meme coins, has emerged as a key voice in this ongoing debate. He has publicly condemned the
The landscape of decentralized finance (DeFi) is rapidly evolving, with innovative protocols continually emerging to meet the needs of users in a highly competitive arena. One significant player in this space is Hyperliquid, which has gained traction through its unique offerings and user-centric approach. Recently, Hyper Foundation, the driving force behind Hyperliquid, unveiled HyperEVM—a groundbreaking
The cryptocurrency market has experienced a tumultuous 24-hour period marked by significant losses for many digital assets. Bitcoin (BTC), the leading cryptocurrency, has seen its price slide down to approximately $96,000 from a prior spike near $99,000 earlier in the week. This shift is emblematic of a broader trend affecting other prominent cryptocurrencies and the
On a seemingly typical Tuesday, the quiet neighborhood of Bandar Puncak Alam was shaken by an unexpected explosion that unveiled a major discourse in Malaysia’s ongoing struggle with illegal bitcoin mining. The incident, triggered by a fire resulting from tampered electrical installations in a residential home on Lorong Cekara Purnama, points to a deeper issue
