The cryptocurrency market experienced a 10% decline overnight, while meme coins like Pepe Coin (PEPE), Dogwifhat (WIF), and Alex The Doge (ALEX) surged by 12%. This unexpected trend has sparked interest from investors and analysts. The article explores the market downturn, the resilience of meme coins, and provides a detailed analysis of Pepe Coin (PEPE), Dogwifhat (WIF), and Alex The Doge (ALEX), along with expert opinions on future trends. The Market Downturn: A Brief Overview The...
Read More »Fidelity Will Seed Its Ethereum ETF With $4.7 Million, Filing Shows
The world’s fourth-largest asset manager has promised to seed its upcoming Ethereum ETF with $4.7 million ahead of launch, according to a regulatory filing. “Total proceeds to the Trust from the sale of the Seed Baskets were $4,749,975.00,” read Fidelity’s S-1 registration form for its “Fidelity Ethereum Fund” filed on Friday. Fidelity Buys Its First Batch Of Ethereum The proceeds were used to buy ETH on June 4, securing 1,250 ETH at the time. They were bought by FMR Capital...
Read More »Claire Balva/Gilles Cadignan vs Nastasia Hadjadji/Jean-Paul Delahaye
Table ronde dans le cadre de la 4e édition des rencontres crypto d’Investir : Claire Balva, directrice de la stratégie chez la société de portefeuilles numériques Deblock Saimi Barragan, PDG de l’entreprise de minage StartMining Gilles Cadignan, responsable chez la plateforme de services décentralisés Bull Bitcoin Jean-Paul Delahaye, professeur émérite d’informatique à l’université de...
Read More »Standard Chartered to Launch Bitcoin and Ether Trading Desk: Report
British multinational bank Standard Chartered is all set to roll out a trading desk for Bitcoin and Ether. The latest development makes it one of the first global banks to engage in spot cryptocurrency trading. Standard Chartered has been engaging with players in the digital asset space for quite some time and has also partnered with several entities amidst increased demand for crypto exposure. Standard Chartered Ventures Into Spot Trading According to two anonymous sources...
Read More »Bitcoin Dips Below $64K, Ripple Gets More Troubles, Meme Coins Suffer: This Week’s Crypto Recap
It’s been a tough week, and there are no two ways around it. The total cryptocurrency market capitalization declined by more than $70 billion as Bitcoin’s price dipped below $64K. It’s been somewhat of a rollercoaster ride throughout the past seven days as the BTC price attempted to recover on a few occasions but failed to regain its position. Last Friday, the cryptocurrency tumbled toward $65K but the bulls were quick to recover during the weekend. As soon as the new week...
Read More »Santiment: Bitcoin Experiencing “Extended Level” of FUD on X
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Read More »Standard Chartered Bank to Launch Crypto Trading Desk for Bitcoin and Ethereum
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Read More »Elon Musk Has No Plans to Integrate Crypto Payments on X
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Read More »Federal Judge Suggests Denying Motion to Dismiss in SEC vs Kraken Case
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Read More »Ethereum Investors Accumulate Steadily as Bitcoin Holders Cash Out: ITB
Historically, Bitcoin has played a crucial role in driving market trends. Due to this substantial influence over other cryptocurrencies, BTC has, time and again, served as a primary indicator. While long-term holders of Bitcoin started liquidating their positions in January, their Ethereum counterparts have been steadily accumulating. Divergence Among Ethereum Holders The behavior of long-term holders is crucial for gauging market cycles. As price increases, these investors...
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