CryptoGlobe Writer

News Reporter

Articles by Author

Bitcoin

Bitcoin’s Bull Market Cycles: A Troubling Trend of Exponential Decay?

Veteran analyst and trader Peter Brandt has shared his thoughts on the historical performance of Bitcoin’s bull market cycles in a blog post published on April 26. Brandt presents data that suggests a troubling pattern of exponential decay in the magnitude of Bitcoin’s price advances over the years. According to Brandt, there have been four […]
Bitcoin

$BTC: Impending “Capitulation Drop” to $30,000 Predicted by Crypto Analyst: “This Is the Final Warning”

On April 27, TradingView featured a critical alert from crypto analyst Alan Santana, who outlined a stark forecast for Bitcoin in the coming days and months. According to Santana, Bitcoin is poised for a significant capitulation event, potentially dropping to around $30,000. This post explores Santana’s predictions, methodology, and the implications for investors. Understanding the […]
Solana ($SOL)

Pantera Capital Reportedly Buys More Solana ($SOL) Tokens in Recent FTX Bankruptcy Auction

Pantera Capital has emerged as one of the successful bidders in the latest auction of Solana tokens, orchestrated by the administrators overseeing the bankruptcy proceedings of the now-defunct cryptocurrency exchange, FTX. According to a report by Bloomberg News, this recent development involves the acquisition of approximately 2,000 SOL tokens, a sale that has not been […]
Bitcoin Central Banks

Swiss National Bank Rejects Bitcoin as Reserve Currency Amid Activist Push

The Swiss National Bank (SNB) has openly declared its hesitation to integrate cryptocurrencies such as Bitcoin into its financial reserves. According to a report by Bloomberg, this statement was affirmed by SNB President Thomas Jordan during the bank’s annual shareholder meeting held in Bern. Jordan emphasized that the bank’s reserves must remain liquid, stable in […]
Bitcoin

Fed’s Inflation Gauge Heats Up, Rate Cuts on Hold as Bitcoin and Stocks Slide

The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, came in hotter-than-expected in March, showing prices in the U.S. kept on rising. This reading, the latest sign that inflation is not cooling as quickly as desired, could lead the Fed to maintain higher interest rates for longer, a negative for risk-on assets […]
Altcoins XRP

$XRP Analyst Predicts Cryptocurrency’s Price Surge to $4 is ‘Feasible’ Based on Historical Pattern

The cryptocurrency market has recently started experiencing a downturn, with the price of the flagship cryptocurrency Bitcoin dropping to $64,100 and the native token of the XRP Ledger, $XRP, dropping to $0.52 while a popular analyst suggests a surge to the $4 mark is “feasible.” In a post shared on the microblogging platform X (formerly […]
Shiba Inu

Shiba Inu ($SHIB) Secures $12M in Funding for Development of Privacy-Focused Layer-3 Blockchain

Shiba Inu, the popular meme coin project, has announced the successful closure of a $12 million funding round aimed at financing the creation of a new Layer-3 (L3) blockchain that prioritizes privacy. The announcement follows a series of notable achievements for the project, including a strong market performance and strategic partnerships designed to enhance convenience […]
memecoins Solana ($SOL)

Solana ($SOL) Trader Realizes $22.83M Profit from Memecoin Trading Strategy

A Solana-based trader has recently realized substantial profits from trading various meme-themed tokens on the Solana blockchain, as reported by blockchain analysis firm Lookonchain on April 26. The trader, identified by their Solana Name Service account “paulo.sol,” made strategic investments in several memecoins, including Dogwifhat (WIF), Jeo Boden (BODEN), and Bonk (BONK), resulting in a […]
Bitcoin

Strike CEO Jack Mallers Explains How the Bitcoin Price Could Reach $1 Million

In a recent interview with David Lin, Jack Mallers, the CEO of Strike, shared profound insights into Bitcoin’s potential trajectory and its broader implications for the financial world. Jack Mallers began the interview with a bold forecast, suggesting that Bitcoin’s price could surge to $1 million. He bases this prediction on the financial instabilities within […]
Ethereum SEC

$ETH: Joe Lubin Explains Why ConsenSys Is Taking the Fight to the U.S. SEC

In a blog post published on April 25, Joseph Lubin, co-founder of Ethereum, as well as Founder and CEO of ConsenSys, outlined his company’s motivations for initiating legal action against the U.S. Securities and Exchange Commission (SEC). ConsenSys is a leading blockchain software technology company with a core focus on the Ethereum ecosystem. They develop […]
Altcoins Bitcoin

XRP Holdings Drop to Zero Among Surveyed Digital Asset Fund Managers: CoinShares Report

CoinShares, a prominent European alternative asset manager with a focus on digital assets, released its latest Digital Asset Fund Manager Survey on April 24, 2024. This edition is particularly notable as it follows the recent approval of U.S. spot Bitcoin ETFs, providing fresh insights into investor attitudes and allocations within the digital asset space. The […]
Stablecoins

FinTech Firm Stripe Announces Return to Crypto Payments with USDC Support on Ethereum and Solana

Stripe Inc. is set to reintroduce cryptocurrency payments, enabling merchants on its platform to receive stablecoins as payment for online purchases. John Collison, the co-founder and president of Stripe, announced this development during the company’s annual conference, Stripe Sessions, in San Francisco on Thursday. He mentioned that users could expect this feature to roll out […]
memecoins

Andreessen Horowitz (a16z) CTO: Memecoins Undermine ‘Long-Term Vision of Crypto’

On April 24, an exciting debate unfolded on social media platform X involving several leading figures in the cryptocurrency investment community. The discussion, initiated by Michael Dempsey of Compound, centered on the problematic nature of memecoins within the cryptocurrency sector. Michael Dempsey expressed concerns that memecoins were causing more harm than the recent bear market […]
Bitcoin

Morgan Stanley Reportedly Is Preparing to Allow Its Brokers to Recommend Spot Bitcoin ETFs to Clients

Morgan Stanley, one of the leading financial giants on Wall Street, is set to empower its 15,000 brokers with the ability to actively recommend Bitcoin exchange-traded funds (ETFs) to their clients, according to a report by AdvisorHub, cited by an article in CoinDesk. This decision marks a significant shift from the bank’s previous policy, which […]
memecoins Shiba Inu

Shiba Inu’s Supply on Exchanges Drops to Two-Year Low as $SHIB Price Surges

Popular meme-inspired cryptocurrency Shiba Inu ($SHIB) has seen its value surge over 15% over the past week while the cryptocurrency market recovers, at a time in which analysts are becoming more optimistic about the cryptocurrency’s future. Data from leading blockchain analytics firm CryptoQuant reveals that SHIB reserves on centralized cryptocurrency exchanges have dropped to their […]
Altcoins Ethereum

Standard Chartered Remains Bullish on Crypto as Ether ETF Approval Delays are ‘Priced in’

Investors seeking exposure to the second-largest cryptocurrency, Ethereum ($ETH), via exchange-traded funds (ETFs) may face a longer wait than anticipated, but despite this delay, investment bank Standard Chartered remains bullish on the cryptocurrency market. The bank recently revised its previous timeline for U.S. approval of spot Ether ETFs, originally expected in May, according to a […]
Blockchain Regulation SEC

Why U.S. SEC Is Being Sued by Blockchain Association and How This Fight Could Impact Crypto and DeFi

Blockchain Association is a trade association based in Washington, D.C. that represents various stakeholders in the cryptocurrency and blockchain industry, including technology startups, investors, and developers. The organization aims to advocate for policy and regulatory solutions that foster innovation and ensure the sustainability of the crypto and blockchain sector. Their efforts include lobbying for favorable […]
Altcoins XRP

XRP Price Eyes Breakout as Analyst Predicts Potential 150% Surge

The price of XRP, the native token of the XRP Ledger, has shown tentative signs of life in recent days, surpassing the $0.50 psychological barrier to now trade at $0.547 per token. This stability comes after a prolonged period of consolidation, and one analyst believes its price could explode by 150%. In a newly published […]
Bitcoin

Key Indicator Suggests Bitcoin Price Could Enter Renewed Bullish Phase as Analyst Eyes $120,000 Mark

The price of the flagship cryptocurrency Bitcoin surpassed its 200-day simple moving average (SMA) in October and entered bullish territory, before making a new all-time high above $73,500 last month. The 200-day SMA serves as a key indicator of long-term trends, and its current rapid rise signifies strong bullish momentum. Notably, the indicator is on […]
Bitcoin Ethereum

“Bitcoin Is No Longer ‘Cheap’ and Is Considered To Be Trading at ‘Fair’ Value”: Fidelity Digital Assets Report

On April 22, Fidelity Digital Assets released its Q1 2024 Signals Report, providing valuable insights into the performance and dynamics of the two largest cryptocurrencies, Bitcoin and Ethereum. The report highlights the significant impact of Bitcoin’s 2024 halving and Ethereum’s Deneb-Cancun upgrade on their respective networks and the broader cryptocurrency market. According to the report, […]

Bitfinex: In This Fourth Halving Era for Bitcoin, ‘On-Chain Dynamics Are Decidedly Positive’

In the wake of Bitcoin’s fourth halving, which occurred on April 20, the cryptocurrency market is reportedly experiencing a unique set of dynamics. Bitfinex’s latest “Bitfinex Alpha” report, published on April 22, delves into the on-chain data, revealing positive signals for Bitcoin despite the backdrop of economic uncertainty in the United States. According to the […]

Ripple CLO: SEC’s $2B Fine Demand Is Evidence of ‘Intimidation Against All of Crypto in the U.S’

On April 22, Ripple Labs filed a rebuttal to the Securities and Exchange Commission’s (SEC) push for nearly $2 billion in penalties. The move comes as the latest development in the ongoing court case between the two parties, which has been raging since December 2020. The SEC has accused Ripple of raising $1.3 billion through […]

CNBC’s Brian Kelly Highlights Morgan Stanley and UBS’s Impact on Bitcoin’s Future

On 22 April 2024, Brian Kelly, the founder and CEO of Brian Kelly Capital, talked about Bitcoin’s prospects following its fourth halving on CNBC’s “Fast Money.” He discussed several points that could be crucial for investors and enthusiasts interested in Bitcoin’s future movements: Halving Impact on Sell Pressure: Kelly noted that the Bitcoin halving reduced […]

USDT: Venezuela’s State-Run Oil Company Embraces Tether (USDT) Amidst U.S. Sanctions

According to a report by Reuters, Venezuela’s state-run oil company, PDVSA, is increasingly turning to the digital currency Tether (USDT) for its crude and fuel exports as the United States reimposes oil sanctions on the country. Three people familiar with the plan have confirmed to Reuters that PDVSA is speeding up its shift towards Tether […]

Altcoins Shine Amidst Bitcoin Gloom: $LINK, $DOT, $ADA, $XRP Attract Investors’ Interest

Cryptocurrency investment funds saw investors withdraw a total of $206 million over the last week, marking the second consecutive week of outflows. However, altcoins, including $LINK, $DOT, $XRP, and $ADA, saw significant inflows. According to CoinShares’ latest Digital Asset Fund Flows report, cryptocurrency investment products focusing on multiple digital currencies saw $8.55 million of inflows […]

Prominent Bitcoin Developer Jimmy Song on ‘Halving Fee Chaos’ and What Was Behind It

On 20 April 2024, Jimmy Song, a notable figure in the Bitcoin community, shared his thoughts on the recent Bitcoin halving and the emergence of unusually high transaction fees. According to Song, the fourth Bitcoin halving occurred as scheduled on April 20 but was marked by unexpectedly high fees due to a new protocol implementation. […]

Crypto Analyst Forecasts Bitcoin Could Reach $140K to $4.5M This Halving Cycle

In a recent analysis shared on social media platform X, a popular crypto analyst known as “ecoinometrics” offered an intriguing forecast for Bitcoin’s price following its current (fourth) halving event, which occurred on 20 April 2024. Understanding this prediction requires some background on key concepts related to Bitcoin’s economic model. Bitcoin Halving Explained: Bitcoin halving […]

Anticipated Surge in Spot Bitcoin ETF Adoption Among Wealth Management Firms by Year End: Bitwise CEO

In a recent statement on social media platform X, Hunter Horsley, CEO of Bitwise Asset Management, shared his expectations for the future involvement of wealth management firms with the US-listed spot Bitcoin ETFs. By the end of 2024, Horsley predicts a significant shift in the investment landscape, one that could catch many by surprise regarding […]

TON Foundation Launches USDT on Telegram’s Integrated Blockchain: A Milestone for Global Crypto Payments

On 19 April 2024, the TON Foundation announced a significant development in digital finance with the launch of Tether (USDT) on The Open Network (TON), which is integrated with the globally popular Telegram messaging service. This initiative introduces nearly 900 million monthly active users of Telegram to an innovative Web3 experience centered around global peer-to-peer […]

DeFi’s Explosive Start to 2024: OnChain Report Reveals Key Growth Drivers

Q1 2024 has marked a significant resurgence in the decentralized finance (DeFi) sector. According to an article by Cointelegraph, citing data from DefiLlama, the TVL in DeFi platforms surged from a low of $36 billion in Q4 2023 to a peak of almost $97 billion in the first three months of 2024. This upward trend […]

Consensys Exec: ‘It Can Be Said With Confidence That the SEC Is Investigating Ethereum’

The Ethereum ecosystem is facing a critical moment as the US Securities and Exchange Commission (SEC) investigates whether Ether (ETH) should be classified as a security. This investigation has sparked concerns among industry players, particularly Consensys, a key player in the Ethereum ecosystem. Bill Hughes, Senior Counsel and Director of Global Regulatory Matters at Consensys, […]

Cardano Foundation CEO: Cardano ($ADA) ‘Stands at the Verge of a New Era in Decentralized Governance’

Earlier today, Frederik Gregaard, CEO of the Cardano Foundation, outlined the upcoming governance structure for Cardano, marking a pivotal moment in the evolution of this blockchain platform. The Cardano Foundation is a nonprofit organization based in Zug, Switzerland, that oversees and supervises the development of the Cardano blockchain ecosystem. Its primary roles include driving adoption, […]

SkyBridge Capital Founder Highlights Bitcoin’s Profitability Over Four-Year Periods

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, appeared on CNBC’s “Squawk Box” on April 18 to discuss various topics concerning Bitcoin, particularly focusing on its volatility, status as a safe haven, adoption rates, and the potential impact of US-listed spot Bitcoin ETFs. Scaramucci acknowledged the difficulties in predicting Bitcoin’s short-term price movements, especially […]

Exploring Bitcoin’s Enticing Risk-Reward Ratio with Morgan Creek Digital Co-Founder

On April 17, 2024, a leading crypto expert appeared on CNBC’s “Squawk Box” to discuss several key topics concerning the cryptocurrency market, including the Bitcoin halving, recent market volatility, and the future outlook for Bitcoin. Anthony Pompliano, also known as “Pomp,” is a prominent figure in the cryptocurrency and blockchain industry. He is an entrepreneur, […]

Senators Gillibrand and Lummis Spearhead Bold Legislation to Regulate Stablecoins in the U.S.

Leading officials in U.S. financial regulation, including Federal Reserve Chair Jerome Powell, Treasury Secretary Janet Yellen, and Deputy Treasury Secretary Wally Adeyemo, have recently advocated for Congressional regulation of stablecoins. On April 17, U.S. Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced the bipartisan Lummis-Gillibrand Payment Stablecoin Act, aimed at creating a regulatory framework […]

Mainland Chinese Investors Likely Barred from Hong Kong’s Spot Bitcoin and Ether ETFs, Say Bloomberg Analysts

Bloomberg ETF Analyst Rebecca Sin has shed light on the potential challenges and prospects facing the newly approved spot Bitcoin and Ether ETFs in Hong Kong. According to Sin, mainland Chinese investors are likely to face significant barriers when it comes to accessing these funds due to existing restrictions on investing in virtual assets. Despite […]

XRP Analyst Doubles Down: Price to Explode Over 30,000%, Surpassing $200 Mark

A popular cryptocurrency analyst has recently stood by their bullish price prediction for the native token of the XRP Ledger, XRP, predicting the cryptocurrency’s price will explode to over $200 per token, an over 30,000% rise from its current level. In a post on the microblogging platform X (formerly known as Twitter), popular analyst Javon […]

‘Crypto Mom’ Speaks Out: U.S. SEC Commissioner Hester Peirce’s Bold Vision for Regulating Digital Assets

On 8 April 2024, U.S. SEC Commissioner Hester M. Peirce delivered a thought-provoking speech at the Association of Private Enterprise Education conference. Titled “Pourquoi Pas? Securities Regulation and the American Dream,” her remarks in Washington D.C. captured a critical discourse on the balance between regulation and innovation in the pursuit of the American entrepreneurial spirit. […]

Cryptocurrency Whales Have Over $1.2 Billion They Can’t Access

Some of the world’s largest cryptocurrency whales are locked out of around $1.24 billion worth of digital assets, according to new data shared by blockchain intelligence firm Arkham Intelligence on the holdings of the largest whales out there. The largest cryptocurrency whales, according to the data, have a combined total of $3.5 billion in cryptocurrency, […]

$120,000 Bitcoin Price Incoming? Crypto Analyst Predicts Doomsday Surge Amid Rising Geopolitical Tensions

The price of the flagship cryptocurrency Bitcoin ($BTC) has fallen by more than 13% over the past week to now trade at around the $62,000 mark and despite the dip, some traders believe the cryptocurrency could soon enter a “doomsday rally,” fueled by growing tensions in the Middle East. Bitcoin was created in the aftermath […]

Cardano Smart Contracts Surged By Over 1,000 This Month, Despite Crypto Market Dip

Popular smart contract platform Cardano ($ADA) has seen a significant growth in its Plutus V2 contracts so far this month after the cryptocurrency market started dropping amid a wider correction related to growing tensions in the Middle East. According to data from Cardano Blockchain Insights, first shared by Finbold, shows that then umber of Plutus […]

$BTC: Galaxy Digital CEO Explains Why the Bitcoin Price Went Down During Iran’s Drone Attack on Israel

On 16 April 2024, during an appearance on CNBC’s “Squawk Box,” Mike Novogratz, CEO of Galaxy Digital, shared his thoughts on the recent volatility in Bitcoin, the cryptocurrency’s role as a safe haven, and how investors should approach the upcoming Bitcoin halving event. Novogratz started by addressing the recent drop in Bitcoin’s price, which coincided […]

Altcoins Shine: $MANA, $BAT, $LDO See Large Inflows Despite Bitcoin’s Jitters

Cryptocurrency investment products saw minor outflows over the past week as investors became seemingly hesitant on the market ahead of Bitcoin’s upcoming halving event, while volume rose from $17 billion to $21 billion, and various altcoins saw significant inflows. According to CoinShares’latest Digital Asset Fund Flows report, investment products offering exposure to the flagship cryptocurrency […]

Bitcoin Price Headed to $650K? A Top On-Chain Analyst Justifies His Long-Term Price Target

In a recent update on social media platform X, prominent on-chain analyst Willy Woo shared an intriguing analysis of Bitcoin’s potential future valuations in light of the spot Bitcoin ETFs launched in the U.S. in January 2024. Woo predicts that the price of Bitcoin could reach as low as $91,000 during bear market lows and […]

Bitcoin Halving and Beyond: Coin Metrics Co-Founder Nic Carter Breaks Down What’s Next

In a recent interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Nic Carter, Co-founder of Coin Metrics, offered an in-depth perspective on several key topics related to Bitcoin, particularly focusing on the implications of the Bitcoin halving event and broader trends in cryptocurrency. Here are the main topics he covered: Bitcoin Halving […]

Diversifying Beyond Bitcoin: The Nomad Capitalist’s Strategy for Crisis Management

Nomad Capitalist is a company that provides consulting services focused on offshore strategies, foreign citizenships, and global living for high-net-worth individuals and entrepreneurs looking to legally reduce their tax burdens, diversify their investments, and expand their personal freedom through international opportunities. The firm is known for advising on topics such as second passports, offshore banking, […]

Gold’s Bright Future: Sprott Asset Management CEO Says China Has ‘A Voracious Appetite’ To Buy More Gold

Sprott Inc. (NYSE: SII) is a global investment firm headquartered in Toronto, Canada, specializing in precious metals and real assets investing. Sprott offers a range of investment solutions, including physical bullion trusts, mining ETFs, equity-managed accounts, and debt and private equity strategies. Sprott is well-known for its expertise in the precious metals sector, particularly in […]

Best-Selling Author Sees Bitcoin Price Soar to $2.3 Million Amid Market Uncertainty

Robert Kiyosaki, author of the best-selling personal finance book “Rich Dad Poor Dad,” has reiterated his optimistic outlook on Bitcoin, predicting a price surge to $2.3 million per BTC. Kiyosaki, citing a forecast by Ark Invest CEO Cathie Wood, expressed his trust in her expertise and the potential for Bitcoin’s value to reach such heights. […]

Coin Bureau Highlights Three Ethereum L3 Projects With ‘Massive Potential’

To address the limitations of the Ethereum blockchain in terms of speed and cost, the concept of layered scaling solutions has emerged. The Ethereum network itself acts as the base layer (L1), responsible for finalizing transactions and ensuring the network’s security. Layer 2 (L2) solutions, such as Arbitrum and Optimism, operate on top of L1, […]

$XRP Locked on Ledger’s AMM Platform Surges as It Gets Key Bug Fix

The total amount of XRP locked onto the XRP Ledger’s recently launched automated market maker (AMM) platform has recently surged from around 330,000 XRP tokens to over 715,000 XRP, worth over $400,000, at a time in which the AMM platform is set to get key bug fix. According to data from XRP Ledger explorer XRPScan, […]

Mysterious Bitcoin Whale Makes a Splash After Moving $320 Million in $BTC to Coinbase Institutional

A mysterious Bitcoin ($BTC) whale has moved more than $320 million worth of the flagship cryptocurrency to Nasdaq-listed cryptocurrency exchange Coinbase, in a transaction that was tagged as going to the exchange’s institutional platform. According to data shared by blockchain tracking service Whale Alert, a mysterious cryptocurrency whale moved 4,535 BTC from a self-custody wallet […]

$SHIB: Burn Rate Skyrockets 48,654% As Price, Trading Volume, and Social Media Metrics Explode Over Past Six Months

Shiba Inu (SHIB), recognized for its expansive initial token issuance, is on a mission to mitigate the abundance of circulating tokens via a method known as “burning.” This deliberate action effectively renders SHIB tokens unusable, permanently eradicating them from the supply with the aspiration of enhancing the value of the remaining tokens through induced scarcity. […]

As $UNI Falls Over 16%, Uniswap Counters U.S. SEC’s Wells Notice with Strong Defense of Blockchain Innovation

On 10 April 2024, Uniswap Labs announced its receipt of a Wells notice from the U.S. Securities and Exchange Commission (SEC), a preliminary step before potential legal action. A Wells notice is a formal notification issued by the staff of a regulatory body, such as the U.S. Securities and Exchange Commission (SEC), to inform a […]

Toncoin’s Meteoric Rise: How It Has Managed to Overtake Cardano and Secure a Top 10 Spot

Toncoin (TON), the native cryptocurrency of The Open Network blockchain, has achieved a significant milestone by overtaking Cardano’s ADA token to become the tenth-largest cryptocurrency by market capitalization. On 9 April 2024, TON’s price surged by 13% to reach $6.65, resulting in a market capitalization of $23 billion, surpassing ADA’s $22 billion market cap. The […]

Stablecoin Issuer Circle’s Head of Global Policy on Biden Crypto Policy, Risks, and Standards

On April 9, during an appearance on Bloomberg TV, Dante Disparte, the Head of Global Policy at Circle, shared his insights on the Biden administration’s approach to managing the potential risks associated with cryptocurrency, particularly focusing on stablecoins and the broader implications for illicit financing. During his conversation with Bloomberg Crypto co-hosts Sonali Basak and […]

Little-Known Solana-Based Cryptocurrency Surges Nearly 70% After Coinbase Listing

The price of the native token of a Solana-based non-fungible token (NFT) marketplace has skyrocketed by around 70% shortly after being listed on the popular cryptocurrency trading platform Coinbase. The price of the cryptocurrency shot up shortly after being listed on Coinbase with the exchange’s Experimental label, used to mark tokens that are new to the […]

Solana-based memecoin Joe Boden Surges Past $1 as Traders Speculate About Potential Mention from Trump

Jeo Boden, a Solana-based memecoin inspired by President Joe Biden, reached a new peak on Monday, exceeding the $1 mark for the first time before dropping and settling at around $0.817. The cryptocurrency surged by over 170% over the past week and over 400% over the last month. Analysts were divided on the coin’s future. […]

Crypto Investment Products See Record $13.8 Billion Inflows with $BTC, $SOL, and $LTC Shining

Cryptocurrency investment products saw inflows of $646 million over the past week, bringing year-to-date inflows to their highest level ever at $13.8 billion, surpassing the previous record of $10.6 billion seen in 2021. These inflows come after the price of the flagship cryptocurrency Bitcoin ($BTC) surged by more than 66% year-to-date to now trade at […]

ZiG: Zimbabwe Launches Gold-Backed Currency to Stabilize Economy and Fight Inflation

On April 8, 2024, Zimbabwe officially launched its new gold-backed currency, the ZiG (Zimbabwe Gold). According to a report by Kitco News published on April 5, the introduction of the ZiG is a significant step towards establishing a solid and stable national currency and combating the country’s economic instability and rampant inflation. The Reserve Bank […]

JPMorgan Chase CEO Jamie Dimon Warns of Economic Perils Lurking Beneath U.S. Resilience

On April 8, financial services giant JPMorgan Chase & Co. (NYSE: JPM) published its 2023 Annual Report, including letters to shareholders from its Chairman and CEO — Jamie Dimon — and other business heads. As of December 31, 2023, JPMorgan Chase reported possessing assets totaling $3.9 trillion and stockholders’ equity amounting to $328 billion. In his […]