Month: November 2024

Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell‘s speech in Dallas at 3 p.m. ET. Inflation data from the past two days provided mixed signals: consumer prices met...

Hut 8 Corp (NASDAQ:HUT) shares were down Thursday morning, despite the company reporting upbeat third-quarter results and Bitcoin prices surging past $90,000. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Needham On Hut 8 Analyst John Todaro reiterated a Buy while...

Dogwifhat’s (CRYPTO: WIF) 70% rally over the past seven days landed the popular meme coin a Coinbase listing, prompting traders to call for a Shiba Inu (CRYPTO: SHIB) like rally. What Happened: Following its Coinbase listing, one whale invested 12,400 Solana (CRYPTO: SOL) (worth $2.7 million) into WIF and...

Matthew Sigel, Head of Digital Assets Research at VanEck, one of the spot Bitcoin ETF issuers, on Thursday projected Bitcoin (CRYPTO: BTC) to hit $180,000 in this market cycle, driven by strong government support and increasing institutional interest. What Happened: As Bitcoin recently surged past $93,000, Sigel said, “We...

Coincheck, a company headquartered in Tokyo, is expected to become the first cryptocurrency exchange in Japan to list its shares on a US stock exchange. The US Securities and Exchange Commission (SEC) has approved Coincheck’s listing on the Nasdaq, which is a significant step in bridging the gap between...

PEPE hits new highs following several major exchange listings.  ...

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Meme coin season continues with many cryptocurrencies trading higher after Donald Trump won the 2024 presidential election, including a coin based on Peanut the Squirrel, a social media star. Here’s a look back at how much an investment in Peanut the Squirrel (CRYPTO: PNUT) coin, which is based on...

Joe Moglia, former CEO of TD Ameritrade, on Thursday asserted that Bitcoin (CRYPTO: BTC) is a permanent fixture in the financial landscape, with substantial growth prospects ahead. What Happened: Speaking with CNBC, Moglia emphasized that while several years ago the concept of cryptocurrency was widely dismissed by traditional finance,...

As the crypto market hints at a potential surge, focus shifts to Monero and Tron. According to ChangeNOW, a platform for exchanging cryptocurrency without registration, transaction volumes for XMR and TRX have grown. Used by savvy investors and whales worried about fund safety, this increase suggests investors have entered...