The price of Hedera’s own token, HBAR, jumped approximately 100% within the last 24 hours. This price increase was caused by the announcement that BlackRock, a well-known American investment firm, plans to tokenize its ICS US Treasury money market fund on the Hedera network. This announcement caused a significant increase in HBAR‘s price from $0.087 … Read more
In his most recent piece, Arthur Hayes, the ex-CEO of BitMEX cryptocurrency exchange, presented a daring investment approach he refers to as the “Left Curve.” This method significantly deviates from common investment strategies usually adopted during bull markets in the crypto sphere. The essay functions both as a call to action for investors and a … Read more
The unpredictable nature of the cryptocurrency market persists, with XRP being no stranger to this volatility. Following an optimistic beginning in 2023, XRP’s price has mimicked the broader market downturn resulting from Bitcoin‘s adjustment. Amidst the pessimistic outlook, however, a distinct narrative emerges beneath the surface – one involving wealthy investors, referred to as “whales,” … Read more
The price of XRP is rebounding above the $0.500 barrier, indicating a favorable trend. It could potentially surge past the resistance levels at $0.580 and $0.600. XRP is attempting a recovery wave above the $0.50 zone. The price is now trading above $0.5150 and the 100 simple moving average (4 hours). There was a break … Read more
The price of Bitcoin surpassed the $66,000 mark and has since stabilized. Now, Bitcoin is looking to break through the $67,200 barrier for its next upward movement. Bitcoin is eyeing a decent increase above the $67,200 resistance zone. The price is trading above $65,500 and the 100 hourly Simple moving average. There is a connecting … Read more
New ideas expressed by Glassnode’s founders on their account “Negentrophic” (previously known as Twitter), have generated excitement about Bitcoin market trends. These insights may contribute to a calming effect and potentially trigger a price increase. Market Sentiments And EMA Trends The value of Bitcoin has dipped below the $70,000 threshold lately, but according to its … Read more
A Bloomberg article revealed that hedge funds are recently becoming more attracted to the memecoin market due to its recent price surges and earnings exceeding those of Bitcoin and major altcoins. Memecoin Mania An illustration of memecoins’ attraction for conventional financial organizations is Stratos, a company based in Newport Beach, which started a liquid fund … Read more
Samson Mow, CEO of Jan3, discussed the recent Bitcoin halving with Forbes. He believes this event could trigger “major price surges” leading Bitcoin’s value towards the $1 million milestone, a significant increase. In the opinion of Mow, reducing the supply of Bitcoin through halving keeps its distribution in check, preserving its rarity and worth. The … Read more
Over the past weekend, FLOKI and BONK experienced significant growth following their recovery from the Bitcoin price drop at the end of last week. These two tokens have been particularly popular during this bull market, with FLOKI seeing an over 500% rise and BONK achieving a gain of nearly 87%. In recent developments, memcoins of … Read more
XRP exhibits strong indications of regained bullish energy in the cryptocurrency market. After experiencing a substantial 11% decrease on April 12th that dropped the token to its lowest price point for the year, priced at $0.4230. Despite a 12% price increase over the past week, XRP demonstrated stronger performance among the leading ten cryptocurrencies, surpassed … Read more