Tag: Crypto

Bernstein analysts have set a $290 price target for MicroStrategy‘s (NASDAQ:MSTR) stock, representing a potential 64% surge, based on the company’s aggressive Bitcoin acquisition strategy, according to a new report. What Happened: MicroStrategy, led by Executive Chairman Michael Saylor, has amassed a substantial Bitcoin (CRYPTO: BTC) holding worth approximately...

Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome....

Crypto analyst Murad Mahmudov predicts a “meme coin super cycle” that could reshape the cryptocurrency landscape in the coming years. What Happened: In a recent podcast, Mahmudov shared his unconventional thesis on why meme coins are poised to outperform traditional crypto assets. He argues that the crypto industry is...

The Dogecoin price has been consolidating around the $0.1 mark, experiencing notable price fluctuations. Amidst this market volatility, the cryptocurrency displays a unique historical chart pattern that a crypto analyst has deemed bullish. Should Dogecoin continue to stay above this pattern, its price is expected to witness a massive...

Editor’s note: The story has been updated to reflect the latest movement in the election betting markets. Former President Donald Trump has taken a 53.6% to 45.8% lead on prediction market Polymarket in the race for the 2024 presidential election. What Happened: Over $600 million have been traded on...

Donald Trump, who has threatened to fire Securities and Exchange Commission (SEC) Chair Gary Gensler if he wins the presidential election, is reportedly considering Dan Gallagher, Chief Legal Officer at Robinhood (NASDAQ:HOOD), to fill the position. What Happened: According to Politico, Gallagher — a former SEC commissioner known for...

The Ethereum (CRYPTO: ETH) version of viral meme coin Moondeng (CRYPTO: MOONDENG) has picked up steam after Vitalik Buterin sold part of his holding to donate it to charity. What Happened: On-chain analytics provider Spot On Chain highlighted the Ethereum co-founder selling 10 billion MOONDENG, worth $822,000, for 308.68...

Riot Platforms Inc (NASDAQ:RIOT) CEO Jason Les expressed the company’s interest in artificial intelligence opportunities, contingent on the emergence of a favorable deal. What Happened: In a recent interview with Bernstein analysts, Les highlighted Core Scientific‘s (NASDAQ:CORZ) collaboration with AI Hyperscaler CoreWeave as a potential model for such ventures,...

The UAE has made a serious commitment to make it increasingly attractive as a global cryptocurrency hub by announcing a massive tax exemption. Starting November 15, 2024, all transactions involved in cryptocurrency exchange and conversion will be exempted from Value Added Tax. It aims at attracting both individual investors...

CleanSpark Inc (NASDAQ:CLSK) shares are trading lower Monday despite a rise in the price of Bitcoin (CRYPTO: BTC). Here’s a look at what you need to know. What To Know: Bitcoin is up more than 2.3% over the past 24-hours, leading the broader crypto space and several crypto-related stocks...