Kennedy proposes that the federal government should buy Bitcoin until its holdings match the value of the nation’s gold reserves. US gold reserves are currently around 8,133 tonnes, which is worth around $615 billion. So, this amount of Bitcoin would equate to roughly 9.4 million BTC, which is almost 45% of the total supply. “I […]
TL;DR XRP has seen a substantial price increase in the past month, with analysts predicting further gains if key price levels are surpassed. Factors supporting a potential rise include a favorable RSI, high open interest in derivatives, and possible developments in the Ripple v SEC lawsuit. What’s Next for XRP? Ripple’s XRP is one of […]
Yet another regional government has disclosed an allocation to the newly launched Bitcoin ETFs, forging another step in Bitcoin’s growing adoption among not only institutions but also governments. In a Form-13F filed on Friday, the State of Michigan Retirement System revealed that it had $6.6 million allocated to Bitcoin ETF products as of June 30. […]
[PRESS RELEASE – Hong Kong, HK, July 26th, 2024] 2024 started with explosive growth in games like Hamster Kombat, breaking Guiness world record milestones, and Catizen, establishing itself as one of the fastest growing crypto gaming communities. After an explicit call from Telegram CEO Pavel Durov for a canine complement, it was only a matter of […]
Hashdex, a crypto asset management firm, has filed its registration statement, S-1, with the U.S. Securities and Exchange Commission for its Hashdex Nasdaq Crypto Index US ETF. Notably, the move is a step in its plans to be the first index-based crypto ETF in the U.S. that will track some digital assets in the Nasdaq […]
While Indian crypto users were granted no relief from the draconian tax rules in the country’s budget for 2024-2025, a “discussion paper” outlining its policy stance on the industry could be released before September this year. The main objective behind the discussion paper is to gather inputs from relevant stakeholders on the ideas outlined in […]
Friday, July 26, will see around 61,200 Bitcoin options contracts with a notional value of around $4.26 billion. The options expiry event is larger than usual expiries because it is the end of the month. Moreover, spot markets lost some momentum this week despite the launch of spot Ethereum ETFs in the United States for […]
The Solana blockchain saw the launch of 30 meme tokens by celebrities last month, including those from notable figures like Andrew Tate and Soulja Boy, according to Jupiter Slorg’s recent statistics. On average, they have fallen by 94% from their peak values, with the top-performing tokens still suffering losses of over 70%, while half saw […]
Amidst significant backlash for opting not to speak at the Bitcoin Conference, Vice President Kamala Harris has found an ally in SkyBridge founder Anthony Scaramucci. Voicing his support for the presumptive Democratic presidential nominee, Scaramucci criticized the ongoing narrative suggesting Harris’s administration’s hostility towards crypto. He contrasted this with former President and Republican nominee Donald […]
The XRP rally appears to be taking a pause. Will bears return? Key Support levels: $0.54 Key Resistance levels: $0.68 1. Rally on Hold In the past few days, XRP failed to make a higher high which could give an opportunity for sellers to return. At the time of this post, buyers still managed to […]