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Is Ripple (XRP) on the Verge of a Massive Bull Run?

It’s pretty much been up only for XRP throughout the past few days. In fact, it’s the best-performing cryptocurrency from the top 20 by means of total market capitalization, increasing by more than 25% in the last week. As CryptoPotato reported earlier, there are a few possible reasons for that, but perhaps the most important one is the renewed optimism that Ripple Labs will get a positive resolution of its case against the US Securities and Exchange Commission. Many believe...

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BlackRock CEO Explains Why He’s No Longer A Bitcoin Skeptic

BlackRock CEO Larry Fink spoke on Monday on why he was wrong to be a skeptic on Bitcoin and crypto before properly studying the asset class. His firm’s newly published Q2 earnings showcased a record $10.65 trillion AUM for the investment manager, in small part thanks to inflows to its Bitcoin ETF product launched in January. Larry Fink’s Bitcoin Awakening “As you know… I was a proud skeptic,” said Fink during an interview with CNBC’s Jim Cramer on Monday. “I studied it,...

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BlackRock Hits Record $10.6 Trillion in Assets Under Management

BlackRock, the world’s largest asset manager, reported a milestone in its second-quarter financial results, as assets under management (AUM) soared past the $10 trillion mark. The company reported an AUM of $10.6 trillion, marking a 13% increase from the previous year’s $9.43 trillion. BlackRock’s Q2 Performance According to the report, BlackRock’s earnings per share (EPS) rose to $9.99 from $9.06 a year earlier, with revenue increasing by 7.7% to $4.8 billion. Total revenue...

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Dogecoin (DOGE), Shiba Inu (SHIB), And ETFSwap (ETFS) Set To Lead Meme Coin Rally

As Dogecoin (DOGE) and Shiba Inu (SHIB) begin their recovery from the recent crypto crash, the ETFSwap (ETFS) token enjoys sustained bullish momentum that could lead the meme coin rally in Q3 2024.  Dogecoin’s Worst Days Are Likely Over  Dogecoin (DOGE) may yet see some bullish momentum if it manages to recover above the $0.12 price. A correction between 50%-60% was on the way for Dogecoin as it headed toward a recovery.   An analyst and co-founder of Mechanism Capital, Andrew Kang,...

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YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record

Amidst continued price weakness throughout last week, digital asset investment products saw significant buying activity, with inflows reaching $1.44 billion during that period. This brought the year-to-date (YTD) inflows to a whopping $17.8 billion, which shattered the previous record set three years ago. However, despite this strong inflow, CoinShares reported that trading volumes remained relatively low at $8.9 billion for the week, compared to the annual 7-day average of...

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Panasonic, IBM Partner with Constellation Network to Debut its DoD-vetted ‘Blockchain of Blockchains’ in Global Hackathon

[PRESS RELEASE – San Francisco, USA/California, July 15th, 2024] The doors are now open for Web3 and Web2 developers to build on Constellation Network’s long-awaited Hypergraph distributed ledger technology – in development for the past several years under various contracts with the US Department of Defense. Constellation’s Global Metagraph Hackathon is a fully virtual event, free to enter, running from July 15th until September 9th, 2024. A total of $100,000 USD equivalent...

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Ethereum Price Analysis: ETH Eyes $3.5K as ETF Launch Anticipation Grows

Ethereum has recently seen an uptick in demand near a crucial support level, leading to a notable rebound above the 200-day moving average at $3,134 and reaching the 100-day MA. This price action highlights the potential for a bullish reversal if the price recovers above the 100-day MA of $3,342. By Shayan The Daily Chart A detailed analysis of Ethereum’s daily chart reveals that after a prolonged bearish trend, the cryptocurrency briefly broke below the 200-day moving...

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