The cryptocurrency market is experiencing a surge, with meme coin Bonk (BONK) leading the way with a 30% price increase. This sudden rise in value has brought its market cap back over $800 million. The surge seems to be driven more by investor hype and buzz rather than any significant fundamental developments. Despite its impressive […]
Jim Cramer, the host of CNBC’s Mad Money, has become a significant figure for Bitcoin investors, who have found that counter-trading his advice often yields positive results. Recently, Cramer has once again shared his thoughts on the future of Bitcoin’s price, sparking interest among investors.In a recent episode, Cramer suggested a possible peak for Bitcoin. […]
Industry giant Blackstone has raised $1.3 billion for a new private equity fund aimed at wealthy private clients. This move represents a strategic shift, furthering the democratization of private market offerings.In a notable move, the American private equity titan Blackstone, a heavyweight in the industry, has for the first time launched a fund for the […]
A crypto whale, known for making substantial profits from Bitcoin, has recently amassed tens of millions of dollars worth of Bitcoin (BTC), as per on-chain data. The crypto tracker Lookonchain reports that between August 24th and September 2nd, this unidentified whale accumulated 6,000 BTC valued at $158.66 million, with an average price of $26,444 per […]
The altcoin, ADA, has experienced a significant price drop after ending 2023 with a 12-month high of $0.6755. Despite this, investors remain optimistic that the altcoin will reach a new year high above this figure.Since the beginning of the month, ADA has seen a consistent increase in trading volume. This rise has coincided with increased […]
As the Bitcoin Spot Exchange-Traded Fund (ETF) approval looms, CryptoQuant, a renowned crypto analyst, has made a bold prediction for the digital asset. The expert has outlined two major scenarios for Bitcoin in relation to the ETF. According to CryptoQuant, Bitcoin will experience both a bullish and bearish scenario before receiving approval from the United […]
ARK Invest has continued its trend from the previous year of offloading its COIN holdings, with a recent sale of $20.6 million worth of Coinbase (COIN) shares. This sale was conducted across three exchange-traded funds (ETFs), with a total of 133,823 COIN traded. Despite this, the existing weight of Ark’s Coinbase stock remains substantial, valued […]
The conservative private bank Julius Bär and the state-owned Aargauische Kantonalbank (AKB) have both been implicated in risky business dealings with the now bankruptcy-threatened Signa conglomerate. The extent of their involvement has been revealed, with AKB admitting to financing a “troubled department store and real estate investor group” to the tune of 73 million Swiss […]
Financial expert and author Linda P. Jones recently discussed the future of Ripple’s XRP, urging investors to be patient due to upcoming events that could significantly impact the asset’s value. Despite its recent lackluster performance, Jones believes that several factors could fuel a rally for XRP in the near future.The outcome of the ongoing Ripple […]
Bitcoin Exchange Traded Funds (ETFs) could potentially trade at an 8% premium to spot, with in-kind redemptions still a possibility in the future, according to a recent interview with Reggie Browne from GTS on Bloomberg ETF IQ. Browne, who is part of the trading and liquidity services provider, discussed the potential approval of a spot […]
