Bitcoin ETFs Will See Hundreds Of Billions In Inflows, Analyst Predicts
Institutional investment in the cryptocurrency space is poised for a massive influx, with hundreds of billions of dollars expected to enter the market in the coming years, according to Devin Ryan, managing director at JMP Securities. What Happened: In an interview with CNBC, Ryan emphasized that the evolving regulatory...
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Trump Media’s TruthFi Gamble Tests Bulls And Bears
Trump Media & Technology Group Corp (NASDAQ:DJT) boasts an 82.88% gain over the past year. Yet recent months have tested the resolve of its bulls, with a 30.17% dip over six months and a 9.45% slide in the last month. The Truth Social parent company is now exploring a...
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Bitcoin Paying For Your Mortgage? One Company Enables It, But There’s A Catch
Andrew Hones, CEO and founder of New Market Capital, unveiled “Battery Finance” on CNBC on Friday—an asset management platform combining traditional assets like real estate with Bitcoin (CRYPTO: BTC). What Happened: In an appearance on Squawk Box, Hones announced a loan that blends a 63-unit multi-family property in Philadelphia...
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Strategic Bitcoin Reserve Set To Be Created By Trump’s Crypto Council: Report
President-elect Donald Trump’s transition team is reportedly set to implement the establishment of a national Strategic Bitcoin Reserve (SBR). At the center of this development is the formation of a crypto advisory council to revise US policy on digital assets, as Reuters reports. Major crypto companies are vying for...
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Dow Jumps 300 Points; Gap Posts Upbeat Earnings
U.S. stocks traded higher this morning, with the Dow Jones index gaining by more than 300 points on Friday. Following the market opening Friday, the Dow traded up 0.72% to 44,184.62 while the NASDAQ rose 0.07% to 18,985.33. The S&P 500 also rose, gaining, 0.35% to 5,969.29. Check This...
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Solana Hits $264 Record High As ETF Filings, Regulatory Optimism Drive Market Momentum
Solana (CRYPTO: SOL) reached a new all-time high on Friday morning, trading at $264.31 on Coinbase Inc. (NASDAQ:COIN), according to TradingView. This comes two years after the collapse of the crypto exchange FTX, which had sent Solana prices plummeting. What Happened: The token gained 18% over the past week,...
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Test0.41646414233755824: Cardano’s Price Increased More Than 13% Within 24 hours
Over the past 24 hours, Cardano’s (CRYPTO: ADA) price rose 13.56% to $0.90. This continues its positive trend over the past week where it has experienced a 34.0% gain, moving from $0.67 to its current price. As it stands right now, the coin’s all-time high is $3.09. The chart...
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Holonym Foundation Partners With This Ethereum Protocol To Boost Restaking By $677 Million
Holonym Foundation partnered with Kelp DAO, a Liquid Restaking Protocol built on Ethereum’s EigenLayer, to strengthen the Mishti Network’s security and continue bringing digital identity solutions for the application of blockchain technology. Ethereum Protocol Kelp DAO Joins Holonym To Restake $670 Million ETH The Holonym Foundation announced its latest...
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Bitcoin Zeroes In On $100,000, But This Indicator Signals One More Brief Correction
Bitcoin (CRYPTO: BTC) continues its climb toward $100,000, but traders are adopting cautious approaches to prepare for potential corrections. What Happened: Crypto chart analyst Ali Martinez observed a sell signal on Bitcoin’s 4-hour chart, indicating a possible brief correction to $97,085. However, a candlestick close above $100,470 could invalidate...
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MicroStrategy Trading At ‘Insane’ 256% Premium To Bitcoin Holdings, Research Shows
MicroStrategy Incorporated (NASDAQ:MSTR) is trading at an astonishing 256% premium to the net asset value (NAV) of its Bitcoin (CRYPTO: BTC) holdings, according to research conducted by BitMEX. The analysis highlights the extreme valuation disparity between MicroStrategy’s current market capitalization, driven by its aggressive Bitcoin acquisition strategy, and the...
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