In recent weeks and months, MicroStrategy, a business intelligence software giant co-founded by Michael Saylor, has experienced a significant surge in its stock price. This surge has outperformed the major US stock market indexes by a substantial margin, which may be attributed to the company’s extensive exposure to Bitcoin. MicroStrategy’s stock price has increased by
Crypto
The year 2024 has been quite promising for AI-related coins, with a combined return of 76% since the beginning of the year. The Artificial Intelligence (AI) coins market has witnessed a significant increase of 7% in just a day, pushing the market cap to a staggering $19.8 billion within the last 24 hours. Renowned entrepreneur
In a recent development, cryptocurrency exchange Gemini has reached a settlement with New York regulators to return a minimum of $1.1 billion to customers who were affected by the collapse of its Gemini Earn Program. The settlement agreement also includes a $40 million contribution to help cover Genesis Global Capital’s bankruptcy proceedings and a $37
The partnership between Ripple and the Axelar Foundation signifies a significant step towards enhancing interoperability within the XRP Ledger (XRPL) ecosystem. This collaboration aims to propel the tokenization of real-world assets (RWAs) and strengthen the DeFi landscape by providing liquidity for stablecoins and high-value assets. By integrating the Axelar network with the XRPL, developers will
In recent times, Bitcoin’s price has experienced a significant surge, with it recently surpassing the $56,000 mark. Many market analysts and investors are predicting further growth, with some suggesting that the cryptocurrency could reach new all-time highs in the coming months. This bullish sentiment is backed by various market indicators that point towards increased confidence
Ethereum has witnessed a significant surge in its price, breaking through key resistance levels and surpassing the $3K mark. This upward movement indicates a prevailing bullish sentiment in the market, with investors setting their sights on the crucial yearly swing high of $3.6K as the next target. Upon closer inspection of the daily chart, it
The price of Ethereum (ETH) has seen a significant spike recently, surpassing $3,100 and reaching a nearly two-year high. This surge in price comes at a time when many other leading cryptocurrencies such as Bitcoin (BTC), Solana (SOL), and Cardano (ADA) have shown little volatility or even minor losses in the past 24 hours. One
Bitcoin has experienced significant price growth over the past few months, driven primarily by the anticipation and approval of multiple spot Bitcoin ETFs in the United States. However, despite this surge, retail investors have not yet entered the market in large numbers. This begs the question of whether their arrival could lead to another price
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been a contentious issue in the cryptocurrency industry since December 2020. The SEC accused Ripple of conducting an unauthorized securities offering by raising over $1.3 billion through the sale of XRP tokens. Ripple, on the other hand, maintains that XRP
Ethereum saw a brief surge above $3,000 this week, signaling a 4% price increase. However, the cryptocurrency soon entered a period of correction, potentially re-testing the key support level at $2860. The ability of buyers to maintain momentum and reclaim $3,000 will be crucial in determining the market direction. Failure to do so could invite
