“In line with global trends and best practices, Zimbabwe is embarking on an exercise to assess and understand the cryptocurrency landscape,” the government said in a statement published in the state-run Herald newspaper Wednesday. It’s “inviting all cryptocurrency service providers,” whether operating inside or outside the country but providing services to people in Zimbabwe, to provide comments. Source
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Pepe (PEPE), the popular frog-themed meme coin, has outshined most of the popular memecoins with an 11% surge in the last 24 hours. At the time of writing, PEPE was trading at $0.0000129, with a trading volume of $1.27 billion over the past day. The memecoin has surged by 50% over the last seven days and a massive 1372% over the last year. PEPE 24-hour price chart | Source: CoinMarketCap The crypto asset’s market cap has also risen by 9%, currently holding at $5.43 billion. However, the token is still…
Cardano (ADA), the smart contracts platform known for its meticulous development process, finds itself at a critical juncture. Analysts are split on the cryptocurrency’s immediate future, with some predicting a bullish breakout and others bracing for a bearish correction. Related Reading Analyst Buckles Up For A Reversal One analyst, known by the moniker Trend Rider, has taken an optimistic stance. They’ve identified a technical pattern suggesting a potential trend reversal for ADA. This pattern involves an initial price surge followed by a pullback, a scenario mirrored by several other cryptocurrencies…
The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million. Source
Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear that there was not a case […] Original
Beercoin price is soaring while Bitcoin and major altcoins are dumping. The $BEER token soared to a record high of $0.000572 and is up more than 700% from its lowest point last week. This surge has brought its market cap to over $276 million, making it one of the top Solana meme coins. Beercoin holders are growing Beercoin, a recently launched Solana meme coin, is doing well as the number of holders jump. According to the developers, there are now over 40,000 holders and the number is growing by the…
In his latest blog post titled “Why I’m Still Betting on Bitcoin,” financial expert and seasoned investor Bill Miller IV, CFA, CMT, Chairman and CIO of Miller Value Partners, reiterated his bullish stance on Bitcoin. According to Miller, who is the Chairman, CIO of Miller Value Partners and son of legendary investor Bill Miller III, Bitcoin remains in the early stages of a secular transition in global capital and governance perspectives. Bitcoin: It’s Still Early Miller’s analysis begins with a reflection on a thesis he first introduced in 2015 in…
“Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT,” Trump said in a late-night post on the social media platform Truth Social. Original
The crypto market is heating up, with the overall market cap rising by 12% over the last month. So what’s the best crypto to buy right now? The answer, as always, is that it depends. Your risk appetite, goals, and the balance of your overall portfolio will likely inform your choice. We can, however, show you some interesting options! How to choose the best crypto to buy right now Here are a few common factors we take a look at when assessing the best altcoins to buy now. Market Capitalization…