Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s surge past $100K shifts focus to altcoins as whales pour in, drawn by unique growth factors. With Bitcoin soaring past $100,000 and the bull market in full swing, attention is shifting to certain altcoins that are catching the eye of major investors. These digital assets are seeing significant inflows from large holders, but what makes them so special? Uncover the surprising factors driving whales to accumulate these four altcoins. XYZverse: The sports-meme altcoin whales are quietly accumulating XYZverse…
Three of the 50 states of America are expected to create local Bitcoin reserves soon. The bills differ from the proposal of the American National Bitcoin Reserve and demonstrate local specifics. America is bullish on Bitcoin. Allegedly, each fifth American owns some BTC. While the U.S. President is pushing to create a strategic Bitcoin reserve, the states are working on local reserves. The Ohio and Texas proposals to create such reserves are about to pass; Pennsylvania is following their way, while other states are doing their considerations. What are the specs of the local proposals compared to the federal bill?…
The Financial Services Agency has released its 2024 monitoring report, urging better internal audits and closer scrutiny of crypto exchanges. Japan’s financial regulator has called for stronger internal audits across the entire financial sector, highlighting the need for better oversight, especially for crypto exchanges. In a Dec. 26 press release, the Financial Services Agency said it plans to update its “Current Situation and Issues” guidelines, bringing new auditing measures to comply with international trends. As part of its efforts to enhance audit standards, the FSA will also hold a “Roundtable on the Improvement of Internal Audits at Financial Institutions” in…
Meme coins ranked among the most popular crypto narratives of 2024, creating a divide between crypto tokens. Bitcoin stands out among top crypto tokens with 125% year-to-date gains, and the meme coin category, or the “other tokens”, hit a key milestone, crossing a market capitalization of $100 billion. Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE), the top three meme coins, have erased between 11% and 13% of their value in the past week. Bitcoin consolidates close to $95,000, nearly 12% below its all-time high of $108,353. Bitcoin vs meme coins, most popular narrative of 2024 Meme coins captured the…
Ethereum price retreated on Boxing Day as the gains made during the Santa Claus rally were erased. Ethereum (ETH) token fell to $3,340, down by over 5.6% from its highest level this week. This retreat happened as a sea of red spread in the crypto industry, with the market cap of all coins falling to $3.29 million. Ethereum crashed in a low-volume environment as most traders remained away from the market during the Christmas holiday. CoinGecko data shows that the 24-hour volume was $17.5 billion, down from $24 billion a day earlier. It had its lowest volume in over a…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A rising crypto is challenging popular tokens, making millionaires overnight and reshaping the future of digital investments. A new player is shaking up the world of digital currencies. As popular tokens lose their edge, this emerging crypto is turning heads with its rapid rise. It’s not just gaining value; it’s making millionaires overnight. Discover how this unexpected contender is changing the game and what it could mean for the future of crypto investments. Catzilla: The meme coin for crypto…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Circle of Games launches its web3-powered platform at Dubai’s Global Game Show, merging blockchain with casual gaming. Dubai, UAE – Circle of Games (COG), a trailblazer in the multi-gaming space, has officially unveiled its web3-powered platform during the prestigious Global Game Show at Dubai’s Grand Hyatt Exhibition Centre. The platform, backed by industry heavyweights such as Nazara Technologies, The Hashgraph Group, Chingari, and XDC Ventures, merges blockchain technology with casual gaming, heralding a new chapter in the evolution of…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s surge past $100K shifts focus to altcoins as whales pour in, drawn by unique growth factors. With Bitcoin soaring past $100,000 and the bull market in full swing, attention is shifting to certain altcoins that are catching the eye of major investors. These digital assets are seeing significant inflows from large holders, but what makes them so special? Uncover the surprising factors driving whales to accumulate these four altcoins. XYZverse: The sports-meme altcoin whales are quietly accumulating XYZverse…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance emerges as the ultimate altcoin opportunity, blending real-world utility with explosive growth, outshining even Ethereum’s bullish future. Despite Ethereum still being very much a powerhouse with bullish projections of $8,000 to $10,000 in the next cycle, Rexas Finance is becoming the next big altcoin opportunity. Rexas Finance is already surging with presale success of over $31.5 million and a token price from $0.03 to $0.15, a 400% rise in the last few months. According to analysts, it…
KULR Technology has invested $21 million in Bitcoin as part of its strategy to allocate 90% of surplus cash to the cryptocurrency. KULR, a U.S.-based company which specializes in thermal management solutions mainly for electronic components and batteries, has acquired 217.18 Bitcoin (BTC) for nearly $21 million as part of the company’s Bitcoin Treasury strategy. In a Thursday press release on Dec. 26, the San Diego-headquartered company said Bitcoins were purchased at an average price of $96,556.53 per BTC. Amid the news, KULR’s shares rose 3.51% on pre-market, per data from Nasdaq. The purchase follows the company’s earlier announcement of…