Day: March 8, 2024

Ethereum hits $4k amid bullish surge, market awaits Dencun upgrade boost

Ethereum reached $4,000 for the first time since December 2021, as the market experienced an uptick. This occurred as the cryptocurrency market experienced another bullish surge, pushing the market cap to $2.7 trillion. However, the climb was brief, with Ethereum’s price retracting to $3,900 shortly after as traders quickly secured their gains. ETH’s price movement aligns with a broader bullish sentiment in the market. Despite the excitement, Ethereum’s trading volume only increased by 10% today. This suggests that long-term investors are choosing to hold onto their assets.  Notably, Bitcoin also…

Dogecoin To $100? Crypto Analyst Reveals The Key

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Dogecoin has seen a number of bullish predictions over the last month, especially with the recovery of the crypto market. The latest in this long line of bullish predictions is that of one crypto analyst who goes by southofearth on TradingView. According to the analyst, the DOGE price will rally higher than expectations. Dogecoin Price Maintains Previous Patterns The analysis which was posted on the TradingView website shows the trajectory of the Dogecoin price since it was launched back in 2013. The chart highlights the performance of DOGE in the…

BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund

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“The Fund may acquire shares in exchange-traded products (“ETPs”) that seek to reflect generally the performance of the price of bitcoin by directly holding bitcoin (“Bitcoin ETPs”), including shares of a Bitcoin ETP sponsored by an affiliate of BlackRock. The Fund will only invest in Bitcoin ETPs that are listed and traded on national exchanges,” the filing said. Original

FLOKI Skyrockets To New All-Time High, Soaring 60% Following Two Major Listings

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Web3 project and meme coin Floki Inu (FLOKI) has garnered significant attention in the cryptocurrency market. It has witnessed an impressive uptrend of over 630% in the past 30 days alone. As a result, it has soared to the 64th position in market capitalization, surpassing $2 billion. This surge in price comes as notable digital asset firms, including DWF Labs, have recognized FLOKI as a potential long-term investment, resulting in a $10 million purchase plan. This move pushed FLOKI to a 9-month high of $0.00005097 on February 27th. However, the…

Crypto market surpasses $2.5 trillion as meme coins surge

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The cryptocurrency market cap has reached $2.5 trillion, with meme coins gaining significant traction. Galaxy Fox is emerging as a key player in this trend. The rise of memecoins Recent data from CoinGecko paints a vivid picture of the crypto market’s soaring trajectory, with the total market cap exceeding a staggering $2.5 trillion. Amidst this, meme coins have emerged as the talk of the town, boasting a combined market…

Blackrock Explores Bitcoin ETP Investments for Global Allocation Fund

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In a significant development, Blackrock, the world’s largest asset manager, has amended its prospectus for the Blackrock Global Allocation Fund to potentially include investments in bitcoin exchange-traded products (ETPs). This move, filed with the U.S. Securities and Exchange Commission (SEC), signals a new avenue for traditional investors to gain exposure to the digital asset market. […] Original

Robert Alice Made NFT History, Now He’s Writing About It

A part of the project SOURCE [On NFTs] is about looking at ideas of truth through history, specifically in terms of the NFT space. It really is a project that was influenced by the making of this book. We trained an algorithm on a tower of key texts, historical texts — everything from fourth century philosophy, cryptographic white papers, works of science fiction and politics using a form of machine learning. It found a kind of soul in each text, all these keywords. By using machine learning in a completely…

Anthony Pompliano Predicts Bitcoin’s Price Could Double Soon; Leading Crypto Could Eventually Eclipse Gold

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In a CNBC interview, Pomp Investments’ Anthony Pompliano delivered an optimistic forecast for bitcoin, suggesting a potential rise to $138,000 per unit shortly. He pointed out that historically, bitcoin has doubled its value within 18 days or less after surpassing previous peak prices on three out of four occasions. Pomp Investments’ Founder Envisions Bitcoin Outperforming […] Original