Susquehanna International Group, a leader in quantitative trading, aggressively expanded its portfolio with over $1.1 billion invested in Bitcoin exchange-traded funds (ETFs). The company’s recent 13F SEC filing on May 7 revealed the composition and value of their Bitcoin ETFs portfolio as of March 31, 2024. The firm’s latest move signals a significant shift towards…
According to insights from Standard Chartered, Donald Trump’s administration could herald a bullish period for Bitcoin and other crypto assets. With the 2024 US presidential election on the horizon, the crypto market is buzzing about the potential impact of Trump’s possible re-election. Will Donald Trump Maintain a Softer Stance on Crypto? During his first presidency…
LocalMonero, the largest Monero (XMR) peer-to-peer (P2P) trading platform, announced its closure on May 7. This also marked the end of its nearly seven-year run in the crypto space. The closure is set against a backdrop of increasing scrutiny and regulatory actions targeting privacy-focused cryptocurrencies and platforms in the United States. Indeed, these regulatory enforcements…
On May 7, 2024, a significant development unfolded in the ongoing legal saga between Ripple Labs and the US Securities and Exchange Commission (SEC). According to a publicly shared document from defense attorney James Filan, the SEC submitted a redacted remedies reply brief, along with supporting exhibits against Ripple Labs, Bradley Garlinghouse (Ripple’s CEO), and…
PEPE price noted a decline over the past few days, but this dip has likely been setting up the meme coin for a rise. Additionally, with whales behaving in accordance with similar historical instances, the potential is strengthening. Pepe Whales Choose to Dump PEPE price tends to be significantly impacted by its whale addresses. These investors…
As Bitcoin (BTC) teeters on the brink of significant price movements, five leading analysts offer their insights on the future trajectory of the world’s premier cryptocurrency. These projections come at a critical juncture as the digital asset market reacts to a variety of economic signals. Bitcoin Battles Between Key Support and Resistance Levels CryptoTony__ foresees…
Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have suffered significant losses. These declines have outpaced those of major crypto assets like Bitcoin (BTC) and Ethereum (ETH), signaling a possible shift in investor sentiment within this unpredictable market segment. The overall market capitalization for meme coins has fallen to $50.6 billion, reflecting a…
The Ethereum (ETH) price is currently undergoing a correction, with the price approaching significant Fibonacci support levels. Whether Ethereum will break this support bearishly or not remains uncertain. The possibility of Ethereum reaching a new annual low largely depends on market dynamics and investor sentiment. While there’s always the possibility of further downside, it’s also…
The Cardano Foundation, headquartered in Zug, Switzerland, and responsible for the cryptocurrency ADA, has announced the appointment of Giorgio Zinetti as its Chief Technology Officer (CTO). This initiative highlights the Foundation’s dedication to steering Cardano through its next phase of growth and innovation in the blockchain sector. Cardano Names New Chief Technology Officer As the…
The United States, the United Kingdom, and the Philippines are the top degen countries. This means that citizens from these countries engage in high-risk crypto trading. Recent CoinGecko data from April 2023 to March 2024 highlights their significant involvement in the smaller market capitalization crypto or meme coins market. Which Are 25 Most Degen Countries…