Month: May 2024

Wisconsin holds nearly $170m in Bitcoin ETFs

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Wisconsin’s Investment Board has capital invested in the two largest spot Bitcoin ETFs and shares in several crypto companies.  A U.S. SEC filing on May 14 showed that the State of Wisconsin holds 2.4 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth almost $99.1 million. According to the document, the jurisdiction also owns over 1 million Grayscale GBTC shares valued at more than $63.3 million at the close of March. The filing indicates that Wisconsin’s government purchased its spot Bitcoin (BTC) ETF shares before the year’s first quarter ended. …

This Crypto Expert Called The Bitcoin Top in 2021, Now He’s Calling The Bottom In 2024

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As the Bitcoin price continues to fluctuate wildly, the question in every investor’s mouth right now is when the digital asset will find its bottom. For some, the bottom has already been met, while for others, there are still more price crashes to come. However, one analyst’s prediction in particular stands out and this is due to his track record of accurately calling the top of the market back in the 2021 bull market. Crypto Expert Says Bitcoin Bottom Is In Crypto expert Dave the Wave first came into prominence…

Roaring Kitty Return Continues to Fuel Meme Stock and Crypto Frenzy: GME, AMC, and Meme Coins Soar

On Tuesday, shares of Gamestock and AMC Entertainment Holdings continued to soar, fueled by retail investors following the reappearance of Keith Gill’s online persona, ‘Roaring Kitty.’ This upward momentum also spilled over into the cryptocurrency market, with meme coins like roaring kitty (ROAR) jumping 175% and the wall street bets token rising 1,121% against the […] Source CryptoX Portal

Analyst Pinpoints $61,500 As Critical Bitcoin Price Level To Monitor

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Amidst the recent decline in Bitcoin’s price and the general cryptocurrency market, popular cryptocurrency analyst and enthusiast Titan of Crypto has highlighted the $61,500 price level as a crucial threshold to watch for the largest cryptocurrency. Titan of Crypto analysis examines the aforementioned level as a pivotal point for Bitcoin that could determine the coin’s next price trajectory. $61,500, A Level To Watch For Bitcoin Today, May 14, BTC witnessed a sharp decline to nearly $61,500, demonstrating little momentum for a price recovery. While many would see this as a…

DeFi Lender Liquity (LQTY) Unveils Protocol Upgrade, New Stablecoin BOLD in White Paper

“LUSD is great for its decentralized capabilities, but it doesn’t have the built-in flexibility to adapt to changing market environments like rising or falling interest rates,” Samrat Lekhak, head of business development and communications at Liquity, said in an interview over Telegram. “In times of positive interest rates, this implies a need for a continuous yield source for the stablecoin, which BOLD provides.” Source

Could This DeFi Gem Be the Next Big Pick? – Blockchain News, Opinion, TV and Jobs

Besides accumulating established cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP, crypto whales are also known for hunting newer coins like RCO Finance (RCOF). Besides accumulating established cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP, altcoin whales are also known to hunt for newer coins like RCO Finance (RCOF).  An example is the Friend.tech whale, which recently accumulated over 55,000 newly issued FRIEND tokens before offloading them after the token airdrop launch. Let’s dive into the recent whale activity and explore the potential of RCOF in this dynamic landscape. Crypto…

Newbie Bitcoin Whales Buying 200,000 BTC Per Week, Data Shows

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On-chain data suggests demand for Bitcoin remains significant as newcomer whales in the sector have been scooping up 200,000 BTC every week. Short-Term Holder Bitcoin Whales Have Continued To Accumulate Recently As explained by CryptoQuant author Axel Adler Jr in a post on X, the demand among the short-term holder whales has decreased since the all-time high, although it still continues to remain strong. Related Reading The “short-term holders” (STHs) refer to the Bitcoin investors who have been holding onto their coins since less than 155 days ago. This cohort…