In a surprising turn of events, a whale investor has recently been making headlines for their extraordinary accumulation of Shiba Inu (SHIB) tokens. Over the course of just six hours, this investor spent a whopping 4,849 ETH, equivalent to approximately $18.44 million, to acquire an astounding 715.9 billion SHIB. This massive buying spree is a
The crypto market has continued to showcase its dominance over traditional assets like Gold, with Bitcoin, Ethereum, and Solana leading the way. According to a recent report, these digital assets have outperformed major traditional assets, boasting annualized returns of 141%, 152%, and 224%, respectively. In comparison, the best traditional asset, NDX, only has an annualized
There is a growing level of anticipation and excitement surrounding the upcoming launch of spot Ethereum ETFs in the United States. Research conducted by K33 suggests that these investment vehicles could potentially attract a substantial amount of capital in a relatively short period of time. It is projected that approximately $4 billion could flow into
In the midst of the 2024 bull run, the native token of the world’s largest cryptocurrency exchange, Binance, has finally managed to steal the spotlight. After being on the sidelines for a significant portion of the rally, BNB has soared past $700 and achieved a new all-time high. Its market cap has also experienced explosive
Bitcoin, the mysterious digital currency, has once again captured the attention of many as the US banking system faces increasing pressure. While some believe that Bitcoin could skyrocket to $1 million per coin due to economic uncertainties, others remain unconvinced. Proponents of Bitcoin argue that its finite supply and decentralized nature make it a stable
The upcoming House Appropriation budget poses a significant challenge to the US Securities and Exchange Commission (SEC) in implementing its controversial Staff Accounting Bulletin 121 (SAB 121). The budget bill aims to prohibit the use of appropriated funds by the SEC to enforce the rule, creating a roadblock for the regulatory body. Political Dynamics in
The perception of cryptocurrencies in Washington is undergoing a significant transformation, according to Bitwise CIO Matt Hougan. In a recent memo, he highlighted the evolving attitude of US politicians towards crypto, noting a positive shift that has been largely overlooked by the market. Hougan believes that if the impact of this change had been properly
The world of cryptocurrency has been witnessing the emergence of various meme coins, with some gaining immense popularity in a short period of time. One such example is the frog-themed Brett (BRETT) coin, which has experienced a significant spike in its value recently. However, despite its impressive performance, it still falls behind the leading asset
Watford Football Club, a professional English football team, is looking to sell 10% of its equity to investors, including its fans. The club aims to raise approximately £17.5 million ($22.3 million) through this equity sale. Watford FC will be offering the shares on the crypto and startup investment platform Republic, as well as its European
Binance, a prominent player in the global blockchain ecosystem and cryptocurrency exchange space, has recently announced the launch of the Binance World Championship. This innovative competition boasts a staggering rewards pool exceeding $4.2 million, signaling a significant moment for Binance and its users. The primary objective of this championship is to honor the diverse range
The upcoming auction at Sotheby’s featuring a curated selection of Bored Ape Yacht Club-centric Ethereum NFTs from Yuga Labs has captured the attention of both the fine art community and investors. This auction is not just about the digital assets themselves, but it aims to gauge the interest of the fine art world and determine
Telega.io, a leading platform in Telegram advertising solutions, has recently made a groundbreaking change to its payment methods. By incorporating Notcoin as a viable payment option, the platform is set to revolutionize the accessibility and flexibility of digital marketing campaigns on Telegram. This strategic integration is a significant step forward for Telega.io, offering advertisers a
With the crypto market gearing up for a potential bull run, many investors are eagerly anticipating the price movements of major cryptocurrencies. According to analyst Crypto Emily, Bitcoin is expected to reach new heights, with a projected price target of $100,000. This significant increase would place Bitcoin among the ranks of believers who see the
Venture capitalist and billionaire investor, Chamath Palihapitiya has made a bold prediction about the future of Bitcoin. He believes that the leading cryptocurrency could potentially reach a staggering value of $500,000 in the coming years. This ambitious forecast is based on the historical trends observed in Bitcoin’s halving cycles. Palihapitiya pointed out that following each