Investing in cryptocurrencies has become a popular trend among investors seeking high returns. Two meme coins that have garnered significant attention in recent times are pepe coin (PEPE) and alex the doge (ALEX). Although both coins have a meme-based theme, ALEX is being explored by investors. This article will examine the reasons for this shift and analyze the potential of ALEX to surpass PEPE in returns and market performance. >>>>Buy ALEX presale now<<<< Growing popularity of ALEX’s presale The preference for ALEX over PEPE is influenced, in part, by the…
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Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares
Bitcoin (BTC) has been the “primary focus” for institutional investors over the last two weeks, according to Coinshares, as the cryptocurrency continues to hit new prihighs for 2023. In a July 3 report from CoinShares’ Head of Research James Butterfill, the analyst noted that Bitcoin-related products saw $310.6 million of inflows over the last two weeks, representing the vast majority of crypto product inflows. “Bitcoin remained the primary focus of investors […] with the last 2 weeks inflows representing 98% of all digital asset flows,” said Butterfill. Bitcoin weekly inflows.…
SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss
For the last decade, the United States securities regulator has forced investors into “toxic” and “unregulated” crypto products, says Gemini co-founder Cameron Winklevoss. On July 2, the Winklevoss twin slammed the U.S. Securities and Exchange Commission (SEC)’s constant refusal of spot Bitcoin exchange-traded funds, noting it’s now been 10 years since the twins first filed to get their own ETF approved by the regulator. “The [SEC’s] refusal to approve these products for a decade has been a complete and utter disaster for US investors and demonstrates how the SEC is…
Cardano losing traction, investors opt for potent crypto projects like InQubeta
The cryptocurrency market is a dynamic ecosystem constantly evolving with new projects and innovations. While some altcoins may experience a decline in interest, others emerge to revolutionize the industry. InQubeta is one such project reshaping the crypto landscape with its artificial intelligence (AI) innovation. As interest in top altcoins like Cardano fades, InQubeta’s technology could allow investors to be part of the future of crypto. InQubeta’s AI innovation InQubeta is at the forefront of a paradigm shift in the crypto industry, bridging the gap between artificial intelligence (AI) and blockchain technology. By…
Institutional investors’ long-term outlook on crypto is confident, Binance Research shows
A recent survey conducted by Binance Research and Binance VIP & Institutional provides insights into the thoughts and preferences of institutional investors in the cryptocurrency market. The Institutional Crypto Outlook Survey gathered responses from 208 Binance institutional clients and VIP users, offering information about their attitudes, preferences, adoption, and motivations regarding cryptocurrency investments. The survey reveals that 63.5% of respondents are optimistic about the crypto market in the next 12 months. Additionally, 88.0% have a positive outlook for the next decade, indicating their long-term confidence in crypto. Regarding portfolio allocation,…
Investors still waiting on $1.9M refund Logan Paul promised six months ago: CoffeeZilla
Investors in Logan Paul’s troubled NFT gaming project CryptoZoo are reportedly still waiting for any specific details on the 1000 Ether (ETH) refund (worth $1.93 million at current prices) that was promised back in January. In a YouTube video posted on June 30, “internet detective” Coffezilla — the person who initially brought the project’s issues to light in December 2022 — asserted that Paul’s communication with the CryptoZoo community has dried up over recent months: “It’s been six months, so here’s a follow-up. Logan Paul has not paid back his…
U.S. Investors Are Driving Bitcoin (BTC) Price Rally as Institutional Demand Rises
“The current institutional interest we are witnessing is far from the opportunistic FOMO [fear of missing out] we have seen in the past that can push prices up in the short term,” Kerbage wrote. “These institutions move slowly and deliberately and invest for the long term—once they are in, they are in.” Original
Bitcoin BTC Price Retreats, Quickly Regains $30K Perch as Investors Mull ETF Timing, Inflation
The market remains optimistic about the future of a spot bitcoin ETF in the U.S., as bitcoin (BTC) maintains the key $30,000 level. Quinn Thompson, Maple head of growth and capital markets, shared his crypto markets analysis. Plus, Hut 8 CEO Jaime Leverton joined “First Mover” after the North American digital asset miner secured up to $50 million in loans from Coinbase Credit to fund its operations. And, RockX founder and CEO Zhuling Chen explained why Singapore nabbed second place in CoinDesk’s Crypto Hub 2023 rankings. Original
Bitcoin might be bracing for bull run on resurgence of smart investors
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) has registered impressive despite a predominantly bearish atmosphere. Amid this trend, a recent analysis by a CryptoQuant market observer suggests the return of smart investors in the market, which could signal the start of a bull run. The potential resurgence of these investors after a period of dormancy has piqued the interest of market participants. Is the smart money coming back? “The market often sees a cycle of “Stupid money” participating late after the…
Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry
Meanwhile, bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel an additional price increase, or send it spiraling in the immediate aftermath. “If bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets,” CoinDesk Co-Managing Editor of Markets Omkar Godbole wrote. “That, in turn, could lead to an exaggerated price rally, often called a gamma squeeze, or sling-shot effect. On the flip side, dealers will be forced to sell on a potential decline below $30,000.” Original