Franklin Templeton is a global investment firm that recently launched one of the new Bitcoin ETFs in the United States. Notably, the company added laser eyes in its profile picture, demonstrating full support and commitment to Bitcoin (BTC). However, further actions raised criticism of the tribe called Bitcoin maximalists, who first started using the laser-eyes meme. This happened after the ...
The presidential campaign is starting to pick up steam ahead of the elections later this year in the U.S., and former President Donald Trump, a prospective Republican candidate, just made an announcement that may prompt cryptocurrency investors to support him. In his address to his voters in Portsmouth, New Hampshire, on January 16, Trump shared his thoughts on a Central ...
For years, Binance has held its undisputed leading position among cryptocurrency exchanges, capturing well over 50% of the total market share. It, too, however, became another cog in the mechanism that has proven 2023 to be a decidedly mixed bag for the crypto market. On the one hand, it was a period of significant recovery for many cryptocurrencies and a ...
Ripple has already sold half of the 200 million XRP reserved for its treasury, following the unlock of 1 billion tokens in January. On January 16, the company spent 80 million from the second half of the reserved tokens, which could create selling pressure on exchanges. Notably, Ripple sent the 80 million XRP, worth $45.6 million, to the same account ...
Since its launch, Grok has conquered the attention of X (formerly Twitter) users and cryptocurrency enthusiasts. Grok is an artificial intelligence model developed by xAI, an X subsidiary owned by Elon Musk. Elon Musk’s AI differentiates itself from other models because it is supposedly a more “open-minded” model. It also provides relatively updated information due to its capacity to directly ...
Cryptocurrency whales are both feared and respected due to their accomplishments and impacts on the cryptocurrency market. Now, an XRP whale has made investors tremble, looking for its next move. The whale in question moved over 443 million XRP tokens from ‘ra9cJ…Lg4Gf’ to ‘rudsb…TVYdG’ on January 16. Notably, the latter is a recently opened address, which could belong to the ...
One of the most controversial expectations in the cryptocurrency market is known as “the flippening.” The flippening is the forecast of Ethereum (ETH) surpassing Bitcoin (BTC) in market capitalization, which is both praised and criticized. Interestingly, QCP Capital foresees Ethereum outperforming Bitcoin in price appreciation in 2024, according to a January 17 market update. The trading firm specializing in digital ...
JPMorgan (NYSE: JPM) CEO Jamie Dimon has extended his long-term criticism of Bitcoin (BTC), where he considers the maiden cryptocurrency to lack real-world use cases besides promoting illicit vices such as money laundering. In his latest stance, Dimon vowed not to offer his opinions about Bitcoin in the future, stressing that his views on the asset are already known. He ...
After many trials and tribulations – and even a string of bankruptcies – Bitcoin (BTC) miners have been able to catch a break in late 2023 with a significant rally in the price of the world’s foremost cryptocurrency. The New Year saw a new trend with these companies as they started selling their cryptocurrency en masse. As of January 17, ...
With January bringing a mixed bag of gains and losses for the cryptocurrency market, Solana (SOL) has held steady and established a new support zone that could propel it toward its previously all-time high levels. Solana experienced a breakout from a bull flag formation, which is evident on the 4-hour chart. A sustained closure above the $106 threshold could initiate ...
