Author Archive

Bitwise President Explains Why He’s Curious About Ethena

The latest stablecoin hype train is underway in the form of Ethena (USDe), and Bitwise President Teddy Fusaro is taking an interest. In an April 10 Twitter thread reviewing the protocol’s mechanics, Fusaro noted that USDe “may be the fastest-growing USD-denominated asset in the history of crypto.” Bitwise Examines Ethena (USDe) “USDe operates v similarly …

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Bitcoin Price | Hot US Inflation Data Throws Fed Rate Cut Story Into Doubt – Where Next for BTC?

Despite hotter-than-expected inflation data, the Bitcoin price defied expectations and surged in value on Wednesday, even as the US Federal Reserve’s rate cut story was thrown into doubt. The US Consumer Price Index (CPI) reported a 0.4% increase in March, exceeding the anticipated 0.3% rise. Core CPI metrics also surpassed forecasts. This news sent US …

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Metaplanet’s Stock Surges by 90% in Two Days After Adding $6.56M in Bitcoin to Balance Sheet

Web3 infrastructure provider Metaplanet (3350) has seen a surge in its Tokyo-listed stock by nearly 90% within just two days after adding $6.56 million worth of Bitcoin (BTC) to its balance sheet.  According to data from Google Finance, the company’s shares are currently trading at 36 yens, up by 89% over the day.  The surge is …

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Dogeverse Raises $250,000 in Minutes, Will This Meme Coin Explode?

New Crypto Presale Dogeverse Raises $250,000 in Minutes, Will This Multi-Chain Meme Coin Explode? / Source: Dogeverse Website Monday, April 8th, 2024 – New crypto presale Dogeverse ($DOGEVERSE) has raised $254,000 within minutes of launch, indicating it could be the next meme coin to explode on the scene. Doge Day coming on April 20 will …

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Bitcoin’s halving won’t see a 600% return this year — so adjust your strategy?

Bitcoin’s price volatility for the last 30 days stands around 4% — down from nearly 18% in April 2013. It’s starting to look more like a traditional equity. The clock is ticking on Bitcoin’s halving and it appears the ETF mania has accelerated the timeline of its arrival. Indeed, we have just a couple of …

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Bitcoin Price Prediction as BTC Jumps 5% From Recent Bottom – $70,000 Incoming?

Bitcoin’s subtle dip to $67,800 on Saturday stirs speculation, spotlighting our Bitcoin price prediction: could we see it soar to $70,000 soon? This question gains weight as Genesis injects $2.1 billion into Bitcoin, counterbalancing market tremors and signaling robust confidence in its future. With major financial players like JPMorgan and Goldman Sachs now navigating the …

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Bitcoin Surges as Grayscale Sees Less Than $100M in Outflows for Third Consecutive Day

The price of Bitcoin (BTC) has surged above the $67,000 mark amid declining outflows from Grayscale’s Bitcoin ETF (GBTC). According to data from Farside, GBTC saw $79.3 million in outflows on Thursday, marking the third consecutive day of less than $100 million in withdrawals.  Grayscale saw outflows totaling $81.9 million and $75.1 on Tuesday and Wednesday, respectively, …

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News Commentary #1,984 – MIXLI claims a role in investment crypto mining..?

Recently Mixli – a TRIAL list platform, has claimed in the Telegram group of its leading roles in investment crypto mining industry. Well, that’s of course rather serious claiming, which must be proved with time and trustful workflow with investors, otherwise it can be considered as a promotional news in order to attract more attention …

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Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class

Goldman Sachs chief investment officer Sharmin Mossavar-Rahmani, said in an interview with the Wall Street Journal, Bitcoin is not considered an investment asset class, adding “we’re not believers in crypto.” Wall Street has been coming round to the idea of cryptocurrency as an asset class with many traditional financial institutions such as BlackRock and Fidelity …

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Bitcoin ETFs Triple Total Monthly Volume To $111 Billion In March

Bitcoin spot ETFs saw record monthly volume in March, tripling numbers from the previous two months with a whopping $111 billion traded. Bitcoin ETF Smashing Success The funds collectively traded ~$42 billion in February, and ~$25 billion in January, when they first went live. Since that time, Blackrock’s iShares Bitcoin Trust (IBIT) has overtaken the …

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Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators?

Does anyone actually buy Bitcoin (BTC) as an inflation hedge? CNBC’s Andrew Sorkin isn’t sold on the idea. During an interview with Pomp Investment founder Anthony Pompliano on Monday, both men debated whether BTC’s theoretical role as a “risk off” asset is a real thing or a mere narrative driven by speculators. Bitcoin: Risk On …

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News Commentary #1,983 – NewBond announces 120 online days..?

NewBond announced 120 days online of workflow with investors and offered deposit bonuses. This is a well-known thing among HYIP administrators, which allows them to gain popularity of the project and attract new investors. Let me include below the full announcement so you can read it and make your own decision: Dear investor:    Today …

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Dogecoin Price Prediction as DOGE Hits Highest Level Since 2021 – $5 DOGE Possible?

Dogecoin’s (DOGE/USD) price sitting at $0.200469, following a 24-hour trading volume of $2,470,300,185. Ranked #8 by market capitalization, Dogecoin has recently witnessed a 7.18% decline, leaving investors and traders considering the next move for this dynamic cryptocurrency. The current Dogecoin price prediction buzz hinges on a recent surge, igniting discussions of a potential climb to record …

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