In simpler terms, big-time investors on the Solana digital ledger, often referred to as “whales,” have been purchasing large amounts of memcoins during a recent crypto market slump causing significant price drops for these tokens. Based on information from the on-chain analysis provider Lookonchain, it appears that two prominent Solana investors have been purchasing memcoins … Read more
On April 16, 2024, Mike Novogratz, the CEO of Galaxy Digital, discussed Bitcoin‘s price fluctuations, its function as a secure investment, and recommended strategies for the approaching Bitcoin halving on CNBC’s “Squawk Box” program. Novogratz acknowledged the recent decline in Bitcoin’s value, linked to geopolitical conflicts between Iran and Israel. However, he pointed out that … Read more
In the midst of the chaotic global scene marked by geopolitical tensions and economic instability in 2024, gold stands out as a reliable and unwavering source of security. Based on a CNBC report published on April 16, 2024, Goldman Sachs remains optimistic about the gold market, referring to it as a robust and enduring bull … Read more
In an interview with Haslinda Amin, the Chief International Correspondent for Southeast Asia at Bloomberg TV on April 15, 2024, Kris Marszalek, CEO of crypto exchange Crypto.com, discussed his perspective on the cryptocurrency market and the upcoming Bitcoin “halving” event. The conversation additionally covered Crypto.com’s adaptive approaches to changing market situations, regulatory frameworks, and growth … Read more
Markus Thielen, the founder of 10x Research and known for correctly forecasting Bitcoin‘s (BTC) bottom in November 2022 and its subsequent rise before the halving event, now holds a pessimistic view on risk assets such as tech stocks and cryptocurrencies. This change in perspective stems from growing anxieties over prolonged inflation and its potential repercussions … Read more
On April 15, 2024, Goldman Sachs, a leading global financial institution, revealed its earnings report for the first quarter of 2024. The figures presented in this report display strong financial results, highlighted by significant increases in net income, profits, and profits per share. Key Highlights from Goldman Sachs’ Q1 2024 Earnings: Net Revenues: Goldman Sachs … Read more
Why you should listen Utopia is a Web3 amusement firm that merges cutting-edge IP licensing in GameFi, artificial intelligence music, and video diversion. This fusion is validated by NFT ownership. Not long ago, they secured funding from GDA Capital. In simpler terms, U-topia creates a fun, interactive experience across multiple universes using intellectual property from … Read more
Last week, people pulled back slightly from investing in cryptocurrency funds, possibly due to uncertainty surrounding Bitcoin‘s upcoming halving. The value of transactions increased from $17 billion to $21 billion. Several alternative cryptocurrencies experienced notable increases in investment. Based on the latest report from CoinShares, Bitcoin investment products experienced outflows totaling $110 million in the … Read more
On Social Media Platform X, well-known cryptocurrency expert Willy Woo recently posted an engaging assessment regarding Bitcoin‘s prospective worth based on the launch of spot Bitcoin ETFs in the United States, which is scheduled for January 2024. According to Woo’s analysis, Bitcoin’s price may dip as low as $91,000 during bear markets and soar up … Read more
The much-awaited Bitcoin halving is scheduled to take place some time between April 19 and April 21, 2024. During this occurrence, the production of new Bitcoins gets reduced by half. Historically, this event has marked the beginning of new market phases and bull runs. However, as CNBC points out in a recent article, the upcoming … Read more