Crypto News
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A token launched on the Solana blockchain, apparently by U.S. celebrity Caitlyn Jenner, has left crypto market observers scratching their heads. Late Sunday, a post on Jenner’s X account said she had issued the JENNER token using the Solana token deployer Pump Fun. Market participants quickly dismissed it as a likely hack because celebrity accounts on the ...
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A savvy trader made a $2.7 million profit in just three days on the Donald Trump-themed MAGA (TRUMP) meme token. The memecoin trader, known as wallet “0x303” spent over $535,000 to buy six billion MAGA tokens on May 25, making an over 505-fold return on his initial investment, according to a May 27 X post by Lookonchain: “He spent $537.5K to buy 6B $MAGA on ...
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Bitcoin has had a phenomenal journey from a niche digital currency to a trillion-dollar asset class in a 15-year period. The January 2024 approval of 11 spot bitcoin ETFs was a watershed moment, presenting investors with a gateway to being able to invest in bitcoin through their traditional investment accounts. We expect this will continue to boost broader ...
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A single mom-of-three lost her $7,500 life savings to a Tinder crypto scammer. Natalie Foster, 42, matched with a man on Tinder three weeks ago. The pair hit if off immediately before the man, ‘James’, began talking incessantly about crypto. He convinced Natalie to get a crypto wallet – a virtual wallet which allows you to buy and keep cryptocurrency. She ...
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Bitcoin starts a new week pressuring key resistance as the May monthly close looms. BTC price action is keeping bulls on their toes, as old all-time highs prove hard to flip to resistance. Can $69,000 fall by June? A quiet start to the week sees Memorial Day in the United States keep institutional activity off the table until May 28. Later, however, ...
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Bitcoin cleared the $70,000 psychological barrier on May 27 after a three-day struggle. This suggests that the bulls remain in control. However, some analysts do not believe a breakout is likely in the near term. Analyst Rekt Capital highlighted that the post-halving reaccumulation phase typically lasts for 160 days. Hence, Bitcoin may remain sideways for a ...
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The entire world economy is at risk from a glut of cheap Chinese exports, France’s Finance Minister Bruno Le Maire said in tandem with a barrage of joint criticism from the Group ...
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The crypto fear and greed index has turned green this week as most digital coins rebounded. Bitcoin price has remained above $68,000 while Ethereum is nearing the psychological ...
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Last week, the SEC approved the initial regulatory filings for spot ethereum ETFs to trade on various U.S.-based exchanges. While it could be weeks or months before the ETFs are ...
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The European Central Bank is on track to start cutting interest rates next month, but will need to keep policy in restrictive territory through 2024, according to Chief Economist ...
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In the week ending May 4, the advance figure for seasonally adjusted initial claims was 231,000, an increase of 22,000 from the previous week's revised level. The previous week's ...
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Ethereum (ETH) gained nearly 3% on Monday as investors exhibited high bullish sentiment. Michael Saylor also commented on the recent spot ETH ETF approval by the Securities & Exchange Commission (SEC). Following ETH's price gain on Monday, trading firm QCP Capital noted that market participants are becoming more bullish on the largest altcoin, considering ...
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Bitcoin cleared the $70,000 psychological barrier on May 27 after a three-day struggle. This suggests that the bulls remain in control. However, some analysts do not believe a breakout is likely in the near term. Analyst Rekt Capital highlighted that the post-halving reaccumulation phase typically lasts for 160 days. Hence, Bitcoin may remain sideways for a ...
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Celebrating the approval of its spot Ether exchange-traded fund (ETF), asset manager VanEck has released a 37-second advertisement urging viewers to “Enter the ether.” The ad was posted on X on May 23, approximately 30 minutes after the Securities and Exchange Commission approved its 19b-4 filing for a spot Ether ETF. This approval was alongside those for ...