Author: John Smith
Digital asset investment products recorded a significant surge over the past week, with investors pouring another $3.2 billion into the market. In its weekly fund flows report, digital asset manager CoinShares says the global crypto exchange-traded products market reached $44.5 billion in inflows year-to-date as the streak of positive flows continued to a 10th consecutive week. According to CoinShares, inflows into crypto ETPs has recorded a 300% increase over any other year, with the quadruple spike in 2024 also allowing for average volumes of $21 billion a week. About 30% of this ETP volume has been in Bitcoin exchange-traded funds…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A crypto trader known for predicting XRP’s surge past $1 now eyes Bonk and Yeti Ouro as the next big DeFi opportunities, with substantial growth potential on the horizon. A crypto trader who accurately predicted XRP’s recent rally past the $1 mark is now focusing on two promising DeFi assets, Bonk (BONK) and Yeti Ouro (YETIO). With XRP’s price action showing signs of continued bullish momentum, this trader’s focus has shifted to these emerging projects that could see substantial…
Fartcoin is up 22% in 24-hour trading and a whopping 164% on the week, leading to surge in interest among retail traders as Bitcoin hits a new ATH. Fartcoin price on Dec. 16, courtesy Coingecko. According to data from Coingecko, Fartcoin (FARTCOIN) is currently trading at $0.78 and is up nearly 22% in 24 hour trading. Fartcoin is a cryptocurrency that combines internet culture with cryptocurrency, focusing on humor rather than traditional financial utility. It allows users to engage in activities like submitting fart-themed memes or jokes to earn tokens. A unique feature includes a “Gas Fee” system where each…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As meme coin mania accelerates, XYZVerse is emerging as the ultimate all-sports token, blending humor, passion, and 26,000% growth potential to captivate the crypto world. A new contender is capturing the crypto world’s attention with its astonishing growth potential. As established coins reach new milestones, this meme-inspired token is generating excitement among investors seeking the next big opportunity in the booming market. XYZVerse (XYZ) unites sports fans through a memecoin that blends humor with passion, creating a community-driven ecosystem…
Ondo Finance coin continued its strong rally, reaching an all-time high on Monday, Dec. 16, as Donald Trump’s World Liberty Finance continued its buying spree. Ondo Finance (ONDO), one of the leading players in the tokenization industry, surged to a high of $2.15, marking an increase of over 327% from its August low The rally was primarily driven by World Liberty Finance, platform associated with Donald Trump, which purchased ONDO tokens worth over $250,000. These purchases were a continuation of a process that started recently. It bought Ethereum tokens worth $57 million, USDC worth $6.1 million, and AAVE worth $2.3…
Michael Saylor-led MicroStrategy has increased its total Bitcoin holdings to 439,000, strengthening its position as the top corporate BTC holder. Another week, another Saylor buy. On Dec. 16, MicroStrategy executive chairman Michael Saylor disclosed the firm’s latest Bitcoin (BTC) purchase, worth $1.5 billion for 15,350 BTC at an average price of $100,386, according to a regulatory filing. MicroStrategy’s entire Bitcoin stash is now valued at over $45 billion, as BTC reached a new all-time high of $106,000. Approximately $18 billion of this value represents unrealized profits, with the company’s initial capital investment since 2020 estimated at $27.1 billion. MicroStrategy has…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As meme coins fade, 1Fuel’s $0.01 presale and 100x growth forecast make it the top choice for investors seeking real utility. For years, top meme coins like Shiba Inu and Dogecoin have dominated the entire market. But times are rapidly changing. As the crypto sector grows due to the adoption of new technology, projects like 1Fuel that combine smart solutions and sustainable growth are winning. With a presale price of just $0.01, 1Fuel is successfully capturing the attention of…
Bitget announced they obtained a Bitcoin Service Provider license from El Salvador’s Central Reserve Bank. The license allows Bitget to facilitate Bitcoin-to-fiat exchanges, Bitcoin (BTC) payments, and custody services in the country. With the BSP license, Bitget can now offer Bitcoin-focused services such as buying, selling, storing, and transferring BTC. This milestone is part of Bitget’s broader strategy to strengthen its regulatory standing and expand globally. The company is also pursuing a Digital Assets Service Provider license from El Salvador’s National Commission of Digital Assets. This additional license would enable Bitget to offer services for other cryptocurrencies beyond Bitcoin in…
Monad, a blockchain project compatible with Ethereum’s virtual machine, has launched the Monad Foundation. This foundation will be an independent organization dedicated to supporting the growth and decentralization of the Monad Protocol. The Monad Foundation will oversee key activities to expand the protocol’s ecosystem. Its focus includes facilitating validator-led governance, supporting community-led improvement proposals, and providing resources such as developer documentation. Additionally, the Foundation will engage in ecosystem development, marketing, and advisory services to encourage the adoption of the Monad blockchain. There have been many rumors, but the forming of the foundation is leading to more speculation that a token…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto buzz grows as XYZVerse, a meme coin for sports fans, sees big gains and is hinting at a major market shake-up. The cryptocurrency market is stirring with bold predictions of a shake-up among top assets. As whispers grow louder about one major coin potentially overtaking Ethereum, attention turns to hidden gems that might outperform both. An undervalued contender is gaining traction, hinting at significant growth and inviting investors to look beyond the usual suspects. Connecting these market shifts,…