DOGE is expected to leverage its close correlation with Bitcoin to hit $3 once Bitcoin reaches the $17 trillion valuation of gold. Meanwhile, analysts expect DOGE to hit between $10 and $23 after outperforming the third year of its previous cycles in 2024. Bitcoin (BTC) is expected to match the $17.73 trillion market cap of gold....
The UAE is rumored to hold $40 billion in Bitcoin, positioning itself as a major player in the crypto space.The UAE advances its digital economy with AE Coin, a stablecoin aligned with its Government Digital Strategy 2025. The United Arab Emirates (UAE) has purportedly emerged as a major player in the cryptocurrency world, with unverified...
Public companies holding Bitcoin increased 65% in 2024, signaling early stages of mass corporate adoption.New corporate players like Rumble and Workport drive Bitcoin adoption with innovative integration plans. Bitcoin’s acceptance by publicly traded corporations has reached new heights, indicating a significant shift in the financial environment. While the market cap of Bitcoin touched a new...
The level of demand for Bitcoin by institutional investors through spot Bitcoin ETFs is reported to have doubled miners’ production, leading to a liquidity squeeze and price sensitivity. An analyst has predicted that Bitcoin could witness more liquidation if the price falls below the $90k level. The significant demand for Bitcoin (BTC) by institutional investors via...
Jump Trading settles SEC charges with a $123M fine for its role in supporting TerraUSD’s algorithmic stability.SEC claims Jump Trading misled investors about TerraUSD and violated securities laws during Luna token offerings. Jump Trading has suffered major legal and financial ramifications for its role in supporting the TerraUSD algorithmic stablecoin, which famously failed and wiped...
Historical trends among Litecoin long-term holders are playing out, suggesting a possible LTC surge.Litecoin ETF buzz is shaping sentiment and might further boost the coin’s appeal. Amid bullish indicators, long-term Litecoin (LTC) holders anticipate the cryptocurrency to break through $200. Analysts have highlighted current trends in holder behavior, which depict similar patterns in previous years...
VeChain announces the introduction of a no-code Proof of Participation (PofP) to encourage the creation and storage of NFTs. The objective aligns with the recent launch of VePassport, which boosts identity verification for fair voting and decision-making. VeChain (VET) has announced the launch of a no-code Proof of Participation (PofP) module with plans to revolutionize access...
21Shares registers Polkadot Trust in Delaware, signaling a potential ETF launch for institutional and retail investors.Polkadot gains traction as Alchemy Pay and Polkadot 2.0 advancements bolster its global presence and interoperability. 21Shares has registered the “21Shares Polkadot Trust” in Delaware, taking a crucial step toward the future launch of a Polkadot (DOT) Exchange-Traded Fund (ETF)....
Bitcoin Layer 2 projects like Core Chain and Bitlayer introduce groundbreaking scalability and security features for blockchain innovation.zk-rollups and hybrid solutions are transforming Bitcoin’s capabilities, enabling advanced applications while preserving decentralization. Bitcoin’s Layer 2 ecosystem has expanded substantially over the last year, from its infancy to a hotbed of ground-breaking developments. While Stacks and Rootstock...
On Thursday, the Securities and Exchange Commission approved the Hashdex Nasdaq Crypto Index US ETF and the Franklin Templeton Crypto Index ETF for trading in the public market.Hashdex’s Crypto Index ETF will track the Nasdaq Crypto US Settlement Price Index, while Franklin Templeton’s ETF will mirror the Institutional Digital Asset Index. The US Securities and...