Markets

Cathie Wood predicts Bitcoin will reach $1.5 million by 2030, driven by its limited supply and increasing demand. Cathie Wood, founder of ARK Invest, shared her bold predictions about the future of Bitcoin and the market. In a recent interview with Bloomberg, she discussed the potential for important changes in mergers and acquisitions (M&A), driven by regulatory shifts. With the Federal Trade Commission (FTC) opening many opportunities, these changes are anticipated under the Trump...

The crypto market is recovering, up by a total of 6.34% over the last 24 hours to a total market cap of $3.53 trillion. With this, investors are anticipating another bull run, and with the total market growing at a higher rate than Bitcoin, we might be in for an altcoin season. The meme coin market responded to this swiftly, with all the top tokens growing and the market’s cap pushing past $100 billion again. With the market potentially edging towards another rally, meme coin...

It’s been a wild week in the crypto market, with Bitcoin grabbing headlines as it soared to a new all-time high of $108,268 before crashing back under $100k. Meanwhile, meme coins have followed suit, with majors like Dogecoin climbing over $0.41 before falling to $0.325 today. Behind the volatility in these headline-grabbing tokens, meme coins have been on a tear. The most explosive gains have come from newer tokens like $PENGU and Solana meme coins like Bonk, both of which...

Metaplanet raises 9.5 billion yen to accelerate Bitcoin reserves. This acquisition positions Metaplanet as a key player in the digital asset market. Japanese investment firm Metaplanet Inc. has raised 9.5 billion yen ($60.6 million) this week through two bond issuances. With these funds, the company intends to accelerate its Bitcoin purchases. Metaplanet will issue a 5 billion yen ($31.9 million) bond. It comes after the 4.5 billion yen ($28.7 million) bond issue earlier in the week. Both...

MARA Holdings acquires 15,574 BTC for $1.53 billion and plans further Bitcoin purchases, boosting its position in crypto market. MARA Holdings has made significant moves to expand its Bitcoin holdings, acquiring 15,574 BTC for approximately $1.53 billion. At that time, Bitcoin was priced at around $98,529 per BTC. The news was shared through the company’s MARA X account. Aside from this acquisition, MARA also repurchased about $263 million of its existing convertible notes due 2026. According...

Bitcoin’s price shows some worrying signs suggesting that a deeper correction is bound to occur, as the price has failed to hold the $100K level. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has been gradually rising over the last few weeks, creating a new record high above the $100K mark. However, in the past few days, the market has failed to continue its bullish momentum, falling below $100K and even dropping to as low...

Hong Kong grants licenses to four more crypto exchanges, aiming to become a global crypto hub with efficient licensing processes. Hong Kong is taking significant steps to establish itself as a global crypto hub by granting licenses to four more crypto exchanges. The Securities and Futures Commission (SFC) approved licenses for Accumulus, HKbitEX, DFX Labs, and EX.IO. These licenses came after on-site inspections when the exchanges responded to the regulator. Before that, licenses were...

TL:DR; Investors with lots of conviction for certain assets tend to utilize deep corrections to stack more of those coins, and this seems to be the case in regards to the two of the largest cryptocurrencies – DOGE and XRP. On-chain data shows that large wallets poured millions into both during the recent market meltdown. The market-wide crash that began in the middle of the business week caught many by surprise, given the billions of dollars worth of liquidations that were...

Osprey Funds, LLC, a U.S.-based crypto investment firm, has announced that the Osprey BNB Chain Trust is now publicly quoted on the OTCQX® Best Market. Interestingly, the fund happens to be the first in the US to provide exposure to BNB, the native token of the BNB Chain ecosystem. It aims to offer a way for investors to access the cryptocurrency through traditional brokerage and IRA accounts. BNB Gains US Accessibility In its official press release this week, Osprey...

Metaplanet raises 4.5 billion yen to expand Bitcoin holdings, boosting stock prices and strengthening its position in the crypto market. In a major development, Metaplanet, often referred to as Japan’s MicroStrategy, raised 4.5 billion Japanese Yen through the issuance of ordinary bonds on December 17. These bonds, which carry no interest, were sold to EVO FUND. The bonds have a maturity date set for June 16, 2025. The money received will go towards purchasing more bitcoins for the company to...