Author: James Wilson
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse rises as the top new sports-fueled memecoin, earning accolades for its sustainable growth and strong community backing. The cryptocurrency market experienced an unexpected upheaval a few days ago when Ripple suffered a complete shutdown, leaving users unsettled. However, XRP has managed to climb back since then. Meanwhile, another digital currency, XYZ, is displaying remarkable strength and rapid growth. This project is drawing attention and sparking curiosity among investors. XYZVerse draws investor attention XYZVerse (XYZ) is redefining the meme…
Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking. Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase. In a Feb. 10 press release, the Tokyo-listed firm revealed that its board of directors has approved the plan to purchase Bitcoin worth JPY 1 billion (around $6.58 million) by May to expand its blockchain node operation business. Following the news, Gumi’s shares saw a 3.6% uptick, reaching ¥454 (about $3), according to Google Finance data. Gumi also unveiled that in Q2 of…
Wired’s article revealed text messages sent by Binance exec Tigran Gambaryan from Nigerian Prison during his 8-month detainment. Through text messages sent from a prison facility in Kuje, Nigeria, Gambaryan described his condition to journalist Andy Greenberg. He said that he was “essentially crippled” after his health took a turn for the worse. The Binance exec had grown weaker due to the horrible circumstances he faced in prison, as he suffered from a 104-degree fever and an old spine injury that had resurfaced. Gambaryan said he felt so frail and weak that at one point he “became convinced he was…
Bitcoin’s dip below $100,000 reflects where it should have traded at years ago, says Anthony Scaramucci Speaking on Monday’s CNBC ‘Squawk Box’ segment, the SkyBridge Capital founder and managing partner stated that Bitcoin’s (BTC) price of around $98,000 is “where it should have been in 2022.” He noted that the approval of a Bitcoin spot exchange-traded fund in January 2024 should have occurred in the first quarter of 2022. This delay, he argued, “caused a lot of the price damage,” leading to Bitcoin’s prolonged weakness throughout most of 2022. It was not until March 2024 that Bitcoin once again surpassed…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market is heating up, and with Rollblock poised for huge growth, alongside Litecoin and Uniswap, these projects are set to deliver massive returns in 2025. The crypto market is once again heating up and Litecoin, Uniswap, and Rollblock (RBLK) look ready for a period of huge growth. Rollblock in particular is being tipped for an astonishing 50x rally as it has recently smashed through $10 million in assets under management. Here’s why these crypto projects could deliver…
Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub. Big banks are looking to make more money more with crypto firms as initial public offering opportunities loom, Bloomberg reports, citing people familiar with the matter. According to a Feb. 10 report, Morgan Stanley is now actively seeking crypto clients, while Bank of America is considering more deals, and Royal Bank of Canada wants to expand its crypto portfolio. The spark of interest comes as exchanges like Gemini and Bullish consider going public. Kraken and stablecoin issuer Circle have also…
GameStop shares jumped Monday after CEO Ryan Cohen posted a photo with Strategy co-founder Michael Saylor, fueling Bitcoin-related speculation. GameStop shares jumped nearly 7% on Monday morning after the firm’s chief executive Ryan Cohen shared a photo with Michael Saylor, co-founder of Strategy (formerly MicroStrategy), on X. As of press time, GameStop (GME) shares are trading at $26.39, up 6.7%, per data from Google Finance. Cohen’s X post contained no information, leading to speculation that GameStop might be looking into something related to Bitcoin (BTC) as Strategy reignited investors’ interest after it started its buy-spree of Bitcoin. Cohen didn’t reveal…
Berachain’s “Proof of Liquidity” model is under fire as early investors cash out, triggering a 63% price drop from its launch high. Berachain (BERA), the highly anticipated layer-1 blockchain, officially launched its mainnet on Feb. 6, introducing an ambitious “Proof of Liquidity” mechanism and one of the largest airdrops of the year. Berachain’s origins trace back to the Bong Bears NFT collection, a cannabis-themed project that launched in 2021. Major exchanges, including Binance, MEXC, Upbit, and Bithumb, quickly listed BERA, fueling excitement around its ecosystem. As of Feb. 11, the project reached a total value locked of $3.1 billion just…
Algorand price suffers sharp reversal as crypto sentiment weakens Algorand (ALGO), a pioneering layer-1 blockchain network, has dropped to $0.3, down by 53% from its highest level in December. The ongoing decline is largely attributed to worsening market sentiment in… Source link
ADA surges 11% as Grayscale’s spot Cardano ETF becomes the 60th crypto ETF filing this year, raising expectations for SEC approval. Grayscale has taken another ambitious step in the crypto ETF race by filing a 19b-4 form with the SEC for a spot Cardano (ADA) ETF, marking the first-ever attempt to bring ADA into the U.S. spot ETF market. The move reflects Grayscale’s push to expand institutional access to digital assets beyond Bitcoin (BTC) and Ethereum (ETH). Bloomberg ETF analyst Eric Balchunas noted that this is roughly the 60th crypto ETF filing this year, highlighting the rapid pace at which…