Crypto news

With the crypto bull run in its early stages, investors are accumulating nascent tokens promising a massive price increase in the short term. DTX Exchange (DTX) is one of the tokens experiencing incredible demand as its public presale grows in popularity.  On the other hand, Dogecoin (DOGE) and Optimism (OP) are fighting hurdles that prevent them from joining top altcoins in the rally, increasing the likelihood that DTX will reach $5 before them. Explore DTX, DOGE, and OP. ...

Crypto AI trading platforms in cryptocurrency are becoming common due to their ability to help analyze large databases to make better trades. These platforms leverage AI algorithms to learn and operate in the perpetually evolving cryptocurrency market. Investors are turning to these platforms to maximize their profits and become millionaires by 2024. As we look ahead, three AI trading platforms stand out as potential paths to millionaire status: RCO Finance (RCOF), Bitsgap, and Octobot. 1....

Canadian singer, rapper, and songwriter Drake has placed two bets of $500,000 each on the NHL’s Edmonton Oilers and the NBA’s Dallas Mavericks to win the Stanley Cup and NBA finals, respectively. However, these teams winning their leagues looks highly unlikely as they have registered three losses and zero wins so far. Drake placed the bets using BTC on Stake, a popular online crypto casino he is often known to frequent and livestream his gambling activities. He posted on Instagram, “Dallas...

Ever since mid-January, when the 11 spot Bitcoin ETFs saw the light of day, Grayscale’s converted GBTC has been at the forefront of outflows. This eventually resulted in losing its crown as the world’s largest exchange-traded fund tracking the performance of BTC. In the last two trading days of this week, though, the tides changed, and this negative award went to Fidelity’s FBTC. Data from FarSide shows the overall outflows for the week, in which four out of the five trading...

[PRESS RELEASE – Tallinn, Harju, Estonia, June 15th, 2024] The GORB meme coin is scheduled for its presale on June 18th at 8:00 pm UTC on Pinksale. With a distinctive concept and a robust marketing strategy, GORB aims to establish a strong presence in the meme coin market. Overview of GORB’s Competitors Wiener AI’s High Staking Rewards Wiener AI has known with its high staking rewards and AI themes. Conducting its presale on its own website, Wiener AI offers potential returns...

Despite news this week of inflation rates lower than expected, top cryptos failed to capitalize for longer periods, leaving many disappointed and causing a wave of liquidations. BTC dropped from over $70,000 last week to below $67,000 early this week. With the inflation report released on Wednesday, it sharply rose back to about $70,000, only to fall again. It hit concerning lows of around $65,100 in a single hour on Thursday, dropping 2% from $67,000, leaving many holders and traders worried...

Bitcoin may have struggled to reclaim its position above the recently established all-time high of over $73,000, but prominent brokerage firm Bernstein remains optimistic about the asset’s future trajectory. In its latest report, Bernstein analysts even upped their long-term price forecast for BTC to $200,000 by the end of 2025. The firm had previously predicted the cryptocurrency to hit $150,000 that year. Bernstein’s Bold Predictions for Bitcoin The analysts attributed this...

June 11 saw Bitcoin Whales purchase over $1.30 billion worth of the asset, or 20,600 BTC, to be precise. The massive interest was driven by falling BTC prices, pushing whales to bag more of it to profit later. Increased whale activity is a good sign and often associated with asset prices rising soon. This accumulation marks the most BTCs bought since February 28 as BTC rallied tremendously, rapidly moving toward the $60,000 mark. Another pointer toward BTC’s price rise in the coming months...

Bitcoin’s price movements for the past few days have been quite painful as the asset slumped to $65,000 yesterday for the first time in about a month. Despite recovering from their lowest positions as well, the altcoins are also deep in the red, with NEAR, FIL, and FET dumping the most. BTC’s Rollercoaster Continues The primary cryptocurrency had a somewhat positive start to the business week as it pumped to and slightly above $70,000 on Monday. However, the landscape changed...

TL;DR Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are expected to stay dominant in 2024 due to their strong recognition and ecosystems. However, many contenders could steal their thunder this year, assuming certain factors are in place. Starting With the Leaders Meme coins have been crypto’s rock stars during this bull cycle, with many experiencing impressive price increases and receiving support from leading exchanges and prominent industry figures. They are also...