The crypto market remains in the corrective phase, with Cardano, Dogecoin, and Solana looking oversold in the past week. Having lost the November bullish momentum, several events in the past weeks have not been favorable. From the issue of the Canada and Mexico tariff to the Bybit hack and now to the upcoming 25% tariff … Read more
ARK Invest’s 2,300 BTC inflows signal strong institutional confidence, reinforcing Bitcoin’s role in major investment portfolios. Market indicators reacted positively to ARK Invest’s BTC acquisition, suggesting increased institutional demand and growing interest in Bitcoin’s future. ARK Invest is again in the news after seeing net inflows of 2,300 BTC, valued around $196.26 million. This update … Read more
The individuals who invested in Bitcoin in its early stages sold their assets too soon during a period when BTC had not yet reached mainstream popularity, which led to considerable financial losses. Bitcoin began trading at less than $100 in 2013 and evolved into the market-leading cryptocurrency since that time and experts believe it will … Read more
Recently, the Shiba Inu price has faced notable bearish momentum. It dropped around 4% this past week and over 22% last month. With analysts pointing out significant buy signals on the Shiba Inu price chart, many investors still see long-term promise even with the current dip. Will the memecoin keep running into opposition, or could … Read more
Elon Musk has likened the memecoin market to a casino, warning investors about the risks of speculative trading during an appearance on The Joe Rogan Experience. While acknowledging Dogecoin’s origins, Musk cautioned against the broader memecoin frenzy, especially as recent Solana-based token crashes raise concerns about market manipulation. Musk Warns Against Memecoin Mania, Calls Market … Read more
Despite the recent market-wide downturns, the all-new Panshibi has been tipped by experts to become one of the leading meme coins in 2025. As a result, many investors, including DOGE and Optimism holders, are switching sides faster than a New York minute. The question then begs, “What does the rest of the year hold for these … Read more
According to cryptocurrency analyst Ali Martinez, the XRP cryptocurrency could be forming a “head-and-shoulders pattern.” If the pattern ends up playing out, the Ripple-linked cryptocurrency could plunge all the way to the $1.1 level. On Feb. 28, XRP slipped to as low as $1.95 amid a brutal market sell-off. The token has now rallied by more … Read more
Key Takeaways Bitwise CEO will join other industry leaders to discuss a potential US Bitcoin reserve initiative with Senator Lummis. The regulatory environment for digital assets in the US is becoming more constructive, with favorable conditions for Bitcoin investment in Q1 2024. Senator Cynthia Lummis is actively working on a bill related to a US … Read more
Martin Schlegel, the head of the Swiss National Bank, has voiced strong objections to the idea of adopting cryptocurrencies as reserve assets. He argues that digital currencies lack the necessary stability and pose significant risks, particularly in maintaining value over time. This stance comes in response to a proposal from the civil society group 2B4CH, … Read more
President of Swiss National Bank (SNB), Martin Schlegel has dismissed a proposal for the central bank to hold bitcoin in its reserves, citing volatility, liquidity concerns, and security risks. Swiss National Bank Pushes Back Against Bitcoin Reserve Proposal Swiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of … Read more