Articles by Author
Bitcoin, Gold Could Rally on Trump Election Win Amid Retail ‘Debasement Trade’ Surge: JPMorgan
- Francisco Memoria
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- 31 Oct 2024
Analyst at JPMorgan Chase have suggested that if U.S. Presidential candidate Donald Trump wins the elections, both Bitcoin and gold could see additional upside as retail investors embrace the “debasement trade.” In a recent report, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou wrote that retail investors “appear to be embracing the debasement trade in […]
Paper Hands? Reddit Sold Its Bitcoin and Ether Ahead of BTC’s Rally Above $70,000
- Francisco Memoria
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- 31 Oct 2024
Social media giant Reddit has offloaded most of its cryptocurrency portfolio during the third quarter of the year, with the net value and the gain that the firm made through the sale of its Bitcoin and Ether holdings being deemed as “immaterial.” According to a recent filing with the U.S. Securities and Exchange Commission (SEC), […]
Spot Bitcoin ETF Holdings Surpass 1 Million BTC on White Paper Anniversary
- Francisco Memoria
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- 31 Oct 2024
The total holdings of the spot Bitcoin exchange-traded funds (ETFs) approved in the United States earlier this year have surpassed the 1 million BTC market, meaning total market capitalization of the BTC held by these funds is now above a staggering $72.5 billion. According to data from CoinGlass, the milestone was achieved after these funds […]
Ethereum (ETH) Poised for Breakout? Analyst Suggests Potential Rally to $6,000
- Francisco Memoria
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- 30 Oct 2024
The second-largest cryptocurrency by market capitalization Ethereum (ETH) has been significantly underperforming Bitcoin (BTC) so far this year, but new analysis suggests ETH could now surge to surpass its previous all-time high and catch up. According to a chart shared by popular cryptocurrency analyst Ali Martinez, Ethereum managed to hold onto its $2,400 support level […]
Gold Demand Hits Historic $100 Billion Milestone Amid Geopolitical Tensions
- Francisco Memoria
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- 30 Oct 2024
Gold demand reached a historic milestone in the third quarter, surpassing $100 billion for the first time, according to a new report from the World Gold Council (WGC), in a surge fueled by geopolitical tensions and a flight to safe-haven assets, propelled the precious metal to record-breaking prices. Total gold demand climbed 5% year-over-year to […]
Spot Bitcoin ETFs’ Inflows Top $23 Billion As BTC’s Price Nears All-Time High
- Francisco Memoria
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- 30 Oct 2024
The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $23 billion in total inflows, with these funds seeing their third-highest daily inflows after BTC’s price topped $72,000. According to a recent Bloomberg report these funds, which include BlackRock’s iShares Bitcoin Trust (IBIT) […]
Bitcoin Whale from 2012 Resurfaces, Shifts 159 BTC as Crypto Surges Past $71,000
- Francisco Memoria
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- 30 Oct 2024
A long-dormant Bitcoin whale has stirred from its twelve-year slumber as the price of the cryptocurrency broke through the $71,000 mark and moved 159 BTC worth around $11.3 million out of its wallet. The mysterious cryptocurrency whale, who amassed 749 BTC back in 2012 when the cryptocurrency was trading at around $11 for a total […]
Gold Funds See Massive $3 Billion Weekly Inflows as Market Cap Hits Record $18.4 Trillion
- Francisco Memoria
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- 29 Oct 2024
Gold funds saw a stunning influx of $3 billion last week, marking the second-largest inflow on record and a staggering triple the average weekly flow in recent months as investors keep on pilling into the precious metal. These inflows have helped propel gold prices to a 33% year-to-date rally, positioning the precious metal for its […]
Solana’s Market Capitalization Nears That of BNB as SOL Moves to Become Fourth-Largest Crypto
- Francisco Memoria
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- 29 Oct 2024
The price of then native token of smart contract platform Solana, SOL, has been significantly outperforming most other digital assets over the past few weeks, to the point that it’s nearly overcoming Binance’s BNB to become the fourth-largest digital currency by market capitalization. According to available market data, Solana’s current market capitalization stands at $84.4 […]
Buddhist Kingdom of Bhutan Deposits 929 BTC on Binance, Retains $886 Million Bitcoin Stash
- Francisco Memoria
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- 29 Oct 2024
The Royal Government of Bhutan has started depositing large amounts of the flagship cryptocurrency Bitcoin (BTC) that it acquired through its mining operations into leading cryptocurrency exchange Binance. The Buddhist Kingdom’s move comes after the price of the cryptocurrency surged more than 3.8% over the last 24-hour period to now trade at $71,200 per coin. […]
US Dollar Dominance Soars to 49% as Euro’s Share of Global Payments Hits a Decade Low
- Francisco Memoria
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- 29 Oct 2024
The US Dollar has reasserted its dominance in global finance, capturing a staggering 49% share of international payments, a 12-year high after a significant 9% surge over the past two years. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), data from SWIFT shows that the Euro, once a significant […]
Robinhood Unveils U.S. Presidential Election Event Contracts
- Francisco Memoria
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- 28 Oct 2024
Major trading platform Robinhood has announced the launch of U.S. presidential election event contracts, effectively allowing its users to trade based on their predictions of the election’s outcome. According to a CNBC report, the Nasdaq-listed trading platform said the election event contracts are now rolling out to a limited number of users, and that customers […]
Bitcoin Set for Takeoff? Golden Cross and Whale Activity Fuel $100,000 Price Speculation
- Francisco Memoria
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- 26 Oct 2024
The world’s largest cryptocurrency Bitcoin (BTC) could be on the verge of a significant upward movement as on its daily chart the cryptocurrency is on the verge of forming a bullish “golden cross” pattern. A golden cross is formed when an asset’s short-term moving average crosses above its long-term moving average. Golden crosses are seen […]
Bitcoin Could Bring Microsoft ‘Next Trillion Dollars’ in Value, Michael Saylor Suggests
- Francisco Memoria
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- 26 Oct 2024
Michael Saylor, MicroStrategy’s co-founder and executive chairman, has told Microsoft (NASDAQ: MSFT) CEO Satya Nadella that he could help the company make “the next trillion dollars for MSFT shareholders.” In a post on the microblogging platform X (formerly known as Twitter). Saylor tagged Nadella and added along an image with a recent proposal for Microsoft […]
Satoshi-Era Whale Begins Selling $82 Million Bitcoin Stash
- Francisco Memoria
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- 25 Oct 2024
A Satoshi-era Bitcoin whale who has held their cryptocurrency since 2009 begun to sell their holdings, after it started mining the flagship cryptocurrency just five days after its first block was created. Blockchain analysis firm Arkham Intelligence has been tracking the investor’s activity, which began with a series of transactions to American crypto exchange Kraken […]
Elon Musk’s Wealth Soars by $33.5B in a Day as Tesla Stock Surges 22%
- Francisco Memoria
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- 25 Oct 2024
Tesla, X, and Space X CEO Elon Musk has seen his net worth skyrocket by a whopping $33.5 billion in a single day this week after his electric car maker’s shares jumped 22% on Thursday after it reported its biggest gain in over a decade. According to Bloomberg, the electric vehicle manufacturer’s impressive quarterly earnings […]
Ethereum’s Futures Market Shows Signs of Short-Squeeze Risk as Leverage Hits Dangerous Levels
- Francisco Memoria
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- 25 Oct 2024
Ethereum, the second-largest cryptocurrency by market capitalization, is facing a growing risk of a short-squeeze that could potentially help its price surge. The cryptocurrency’s futures market is showing signs of extreme leverage, indicating that a significant number of traders are betting on a continued price decline. If Ethereum’s price were to surge unexpectedly, these traders […]
Tesla Shakes Up Bitcoin Stash, But Holdings Remain Near $780 Million in BTC
- Francisco Memoria
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- 23 Oct 2024
Elon Musk’s electric car maker Tesla is believed to still be holding onto its nearly $780 million worth of Bitcoin, despite moving the funds from its wallets for the first time in two years, prompting rumors the firm was selling its BTC holdings. Blockchain analytics firm Arkham Intelligence has, on the microblogging platform X, recently […]
$473 Billion Debt Increase in Just Three Weeks Pushes U.S. National Debt to Unprecedented Levels
- Francisco Memoria
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- 22 Oct 2024
The total U.S. Federal debt grew by a whopping $473 billion over the past three weeks to reach a record $35.8 trillion, meaning that the country has taken on $1,450 of debt for every American in that same period. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the rise […]
Overheated Market? 95% of Bitcoin Wallets Are Now in a State of Profit
- Francisco Memoria
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- 19 Oct 2024
Bitcoin’s recent price surge to surpass the $68,000 mark has left a staggering 95% of Bitcoin addresses on chain enter a state of profit, which has led to a boom in market sentiment amid the recovery. According to data shared by on-chain data firm IntoTheBlock, only 3% of Bitcoin addresses are currently at-the-money, meaning that […]
Crypto Trader Turns $86,000 Into $3.75 Million Betting on Memecoin Promoted by Popular AI Agent
- Francisco Memoria
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- 19 Oct 2024
A cryptocurrency trader has managed to make a 3,360% betting on a popular meme-inspired cryptocurrency, Goatseus Maximus ($GOAT), that has been heavily promoted by an artificial intelligence (AI) bot funded by Andreesen Horowitz called “Truth Terminal.” According to data from Lookonchain, the cryptocurrency trader, which also managed to make a 226% return using another meme-inspired […]
The Fed Is ‘Attempting Something Unprecedented’ as It Navigates Massive Inflation Drop
- Francisco Memoria
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- 19 Oct 2024
The U.S. Federal Reserve is currently “attempting something unprecedented,” as inflation in the country has dropped by a whopping 5.8% over the last two years – the largest drop since the 1980s – to stand at 2.4% in September. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the drop […]
Spot Bitcoin ETFs Surpass $20 Billion in Inflows as Price Hovers $67,000 Mark
- Francisco Memoria
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- 18 Oct 2024
The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $20 billion in total inflows, with BlackRock’s iShares Bitcoin Trust (IBIT) leading with $22.4 billion inflows. According to data shared by Bloomberg’s senior ETF analyst Eric Balchunas on the microblogging platform X, these […]
Key Technical Indicator Signals Potential Surge for Meme-Inspired Token Up 70% in October
- Francisco Memoria
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- 18 Oct 2024
The price of a meme-inspired cryptocurrency Dogwifhat ($WIF) could keepon rising in the near future after enduring a slight correction, with a key technical indicator now flashing a buy signal amid a wider cryptocurrency market recovery. According to a chart shared by popular cryptocurrency analyst Ali Martinez on the microblogging platform X (formerly known as […]
New Bitcoin Whales’ Holdings Skyrocket 813% Year-to-Date to Over $130 Billion
- Francisco Memoria
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- 17 Oct 2024
Bitcoin whales have been aggressively accumulating the flagship cryptocurrency, to the point that new whale wallets now hold 9.3% of the cryptocurrency total supply valued ar around $132 billion. That’s according to data from on-chain analytics firm CryptoQuant, firstshared by its CEO Ki Young Ju, who noted that these new whale wallets now hold 1.97 […]
Gold Prices Near 30% Rise YTD as US Election Concerns and Market Volatility Boost Safe Haven Appeal
- Francisco Memoria
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- 17 Oct 2024
Gold prices surged to near-record highs this week as investors braced for a potentially contentious US presidential election, with polls showing a tight race and uncertainty over the outcome fueling demand for the precious metal as a safe haven asset. Central banks, some of the heaviest gold buyers, have further increased their purchases in recent […]
Metaplanet Adjusts Bitcoin Put Options, Raising Strike Price to $66,000 as Optimism Grows
- Francisco Memoria
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- 16 Oct 2024
Metaplanet, a publicly traded company on the Tokyo Stock Exchange (TSE: 3350) has adjusted its previously disclosed Bitcoin put options strategy, moving the strike price from $62,000 to $66,000 as the company remains optimistic about the cryptocurrency’s future price movements. The move, known as an options roll-up, is a strategy in which investors close an […]
CoinDesk Strengthens Data Services with CCData and CryptoCompare Acquisition
- Francisco Memoria
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- 16 Oct 2024
Leading cryptocurrency media, events, indices and data provider CoinDesk has announced the acquisition of CCData, a leading UK-based benchmark administrator and a prominent provider of digital asset data and index solutions and CryptoGlobe’s parent company. The deal includes CryptoCompare, CCData’s retail platform that serves over 300,000 active users and expands CoinDesk’s information services and data […]
’Evil Axis’ Threatens Global Economy: JPMorgan CEO Issues Dire Warning Amid Rising Geopolitical Tensions
- Francisco Memoria
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- 15 Oct 2024
JPMorgan Chase CEO Jamie Dimon has issued a major warning about the global economic situation over ongoing geopolitical threats coming from an “evil axis” that shows “that conditions are treacherous and getting worse.” Dimon’s words came in a press release from the financial git accompanying its third-quarter earnings, which beat analysts’ expectations and saw the […]
Crypto Whale Turns $150K into $6.44M in Just Two Months
- Francisco Memoria
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- 15 Oct 2024
A cryptocurrency whale has managed to turn over $150,000 into a $6.44 million war chest in just two months using a meme-inspired cryptocurrency SPX6900 ($SPX), which saw its value explode more than 3,100% over the past month. According to data shared by on-chain analysis service Spot On Chain, the cryptocurrency whale spent $153,000 to buy […]
Bitcoin Whale Panic-Sells $50M BTC After Price Dip, Realizing $26M Loss
- Francisco Memoria
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- 12 Oct 2024
A Bitcoin whale has “panic-sold” nearly $50 million worth of the flagship cryptocurrency amid the recent price drop, after accumulating $727 million in BTC earlier this year at $62,362 per coin, leading to a realized loss. According to data from on-chain cryptocurrency analysis service Lookonchain, the cryptocurrency whale panic-sold 800 BTC, worth $48.5 million, with […]
BlackRock’s AUM Soars to $11.5 Trillion with Q3 Gains of $160 Billion
- Francisco Memoria
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- 11 Oct 2024
The world’s largest asset manager BlackRock has seen its asset under management (AUM) surge by a whopping $160 billion during the third quarter of the year, to now have a record-breaking $11.5 trillion in AUM. According to a recent Bloomberg report, investors were particularly drawn to BlackRock’s exchange-traded fund (ETF) offerings – which include a […]
$1.6 Billion Crypto Options Expiry Could Trigger Big Moves in Bitcoin & Ethereum
- Francisco Memoria
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- 11 Oct 2024
A total of $1.1 billion worth of Bitcoin ($BTC) options are set to expire today, October 11, 2024, while an additional $510 million worth of Ethereum ($ETH) options contracts are to expire as well, injecting uncertainty into the cryptocurrency market that’s already set to deal with a $1.3 billion earthquake. With a combined notional value […]
7,000 ETH Moved to Exchanges as Crypto Faces a Potential $1.3 Billion Earthquake
- Francisco Memoria
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- 11 Oct 2024
A significant portion of the massive cryptocurrency haul seized from the PlusToken Ponzi scheme is reportedly being sold off, with OXT Research analyst ErgoBTC revealing that 7,000 Ether worth $16.7 million was recently moved to exchanges, potentially signaling the liquidation of the entire $1.3 billion in ETH seized from the scheme. In a series of […]
Bitcoin Staking Protocol Babylon Draws $1.5 Billion in BTC Deposits in Under 90 Minutes
- Francisco Memoria
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- 10 Oct 2024
Bitcoin staking protocol Babylon has recently reopened for additional BTC deposits, and drew in about $1.5 billion worth of the flagship cryptocurrency shortly after doing so as investors rushed in to stake their coins in less than an hour and a half. According to data shared by the protocol on social media, more than 23,000 […]
‘Unstoppable’ S&P 500 Index Added $13 Trillion in Market Cap Amid Geopolitical Uncertainty
- Francisco Memoria
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- 10 Oct 2024
The stock market’s benchmark index, the S&P 500, has seen stellar performance so far this year and is now up by more than 21.5% year-to-date, and over 33.3% over the last 12-month period as it has added over $13 trillion to its market capitalization since October 2023. As pointed out by the economics outlet Kobeissi Letter on […]
FBI Creates Ethereum-Based Token in Crypto Market Manipulation Investigation
- Francisco Memoria
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- 10 Oct 2024
In a groundbreaking operation, the U.S. Federal Bureau of Investigation (FBI) has exposed an alleged widespread crypto market manipulation scheme involving 18 individuals and four major crypto firms. The case’s investigation saw the agency launch its own Ethereum-based token called NexFundAI. The indictment, unsealed in a Boston federal court, alleges that the defendants engaged in […]
Crypto-Powered Brave Browser Surpasses 30 Million Daily Users, Continues Steady Growth
- Francisco Memoria
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- 9 Oct 2024
The popular cryptocurrency-powered Brave browser has surpassed 30 million daily active users (DAU) as it continues to see month-on-month growth while focusing on growth and retention. That’s according to Brave’s co-founder and CEO Brendan Eich, who in a post on the microblogging platform X (formerly known as Twitter) revealed that Brave’s daily active users are […]
SUI Sees Market Capitalization Surge to $19 Billion Amid Investor Frenzy
- Francisco Memoria
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- 9 Oct 2024
While the prices of most digital assets endured a significant correction over the past week Sui, a Layer-1 cryptocurrency network boasting high-performance and “infinite scaling” has seen the price of its native token surge to a new all-time high of $2.16. According to available market data, SUI’s market capitalization when accounting for coins in smart […]
Cardi B’s Solana Memecoin Faces Controversial Launch as Insiders Pocket $250,000 in 12 Houras
- Francisco Memoria
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- 9 Oct 2024
Grammy-winning rapper Cardi B has seemingly launched a meme-inspired cryptocurrency under the $WAP ticker, in a reference to one of her most popular songs with Megan Thee Stallion. The project’s debut, however, has been shrouded in controversy including insider trading concerns. According to a post by on-chain analytics firm Bubblemaps on the microblogging platform X […]
Crypto Trader Nets Over $1 Million in Two Months with ‘100% Win Rate’
- Francisco Memoria
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- 9 Oct 2024
A cryptocurrency trader has managed to execute a series of successful consecutive trades on a meme-inspired cryptocurrency, $POPCAT, to make over $1 million in profit since August 20 without losing a single trade. According to data form the Solana blockchain shared by on-chain analysis service Lookonchain, the trader took advantage of short- to medium-term price […]
Bitcoin Selling Pressure Eases as Short-Term Holders Exit, Whales Accumulate
- Francisco Memoria
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- 8 Oct 2024
As Bitcoin’s price recovers from a recent dip to just above the $60,000 mark,recently conducted analysis suggests that short-term BTC holders have been “gradually exiting” the market, which leads to reduce selling pressure. According to analysis conducted by CryptoQuant analyst IT Tech, the supply of Bitcoin being held by short-term holders has decline “especially after […]
Stock Market ‘Unstoppable’ as S&P 500 Hits 43rd All-Time High This Year Despite Economic Turmoil
- Francisco Memoria
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- 5 Oct 2024
The stock market’s benchmark index, the S&P 500, has rallied by more than 20% so far this year and is currently posting its “biggest gain since 1997” even amid soaring geopolitical tensions and growing concerns of a potential financial crisis. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the […]
Bitcoin ‘Has Never Seen Such Accumulation’ as New Whales ‘Fiercely’ Stack BTC
- Francisco Memoria
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- 5 Oct 2024
The flagship cryptocurrency Bitcoin is seeing new whales ‘fiercely’ add BTC to their holdings amid an accumulation trend that the market “has never seen,” as whales that have entered the market during the latest bull run keep looking for profit. According to the CEO of popular cryptocurrency analytics firm CryptoQuant, new whale wallets, which are […]
Ethereum Whale Stuns Market with 19,000 ETH Sell-Off Amid Crypto Downturn
- Francisco Memoria
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- 4 Oct 2024
A massive Ethereum ($ETH) initial coin offering (ICO) participant has recently shaken up the cryptosphere after selling a staggering 19,000 ETH worth more than $47.5 million in just two days. According to data shared by on-chain analytics firm Lookonchain, the participant received 150,000 ETH during the initial coin offering for $46,500, with the tokens now […]
Gold Set for ‘Best Return Since 1979’ as Geopolitical Tensions and Money Supply Surge
- Francisco Memoria
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- 3 Oct 2024
As geopolitical tensions rise investors are increasingly turning to safe haven assets like gold, with exchange-traded funds (ETFs) focusing on the precious metal and its miners seeing $3.3 billion of inflows since August. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the most popular gold ETF, SPDR Gold Shares […]
Capitulation? Massive Bitcoin Whale Dumps $46 Million in BTC as Price Plunges
- Francisco Memoria
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- 3 Oct 2024
As the price of the flagship cryptocurrency Bitcoin dropped more than 4% to a low around the $60,000 mark in the beginning of October, a “giant whale” restarted depositing BTC into centralized exchanges. According to data shared by on-chain analytics firm Spot On Chain on the microblogging platform X (formerly known as Twitter), the whale […]
Uptober? Bitcoin Bullish October Starts with $540 Million in Liquidations
- Francisco Memoria
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- 2 Oct 2024
While October is a traditionally bullish month for the cryptocurrency space that between 2010 and 2023 saw an average gain of 28.7% for the cryptocurrency according to CCData, this year the month started with an aggressive sell-off. Market data shows that Bitcoin is at the time of writing trading at $61,350 after falling nearly 4% […]
XRP Price Jumps as Whales Buy 470 Million Tokens in 10 Days
- Francisco Memoria
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- 1 Oct 2024
The price of the native token of the XRP Ledger, XRP, is up more than 11% over the past month after whales accumulated more than 470 million tokens in just 10 days in a buying spree that came shortly after Grayscale Investments announced the launch of its Grayscale XRP trust. According to data from cryptocurrency […]
Incoming Crisis? Global Money Supply Surges to Near $90 Trillion as Geopolitical Tensions Rise
- Francisco Memoria
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- 1 Oct 2024
The total Money supply in the United States, the Eurozone, Japan, and China has for the first time in history reached $89.7 trillion, having skyrocketed by a whopping $7.3 trillion over the past year. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the rise in global money supply was the […]
Stablecoin Giants to Lose $625 Million in Revenue After Fed Slashed Interest Rates by 50 Basis Points
- Francisco Memoria
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- 1 Oct 2024
The Federal Reserve’s 50 basis points rate cut earlier this month is set to cost lading stablecoin issuers around $625 million per month, as the interest earned on the reserves backing these stablecoins dropped as a result. That’s according to CCData’s latest Stablecoins & CBDCs report, which details that the five largest centralized stablecoins – […]
Dogecoin Whales Accumulate Over 1.4 Billion Tokens Worth $140 Million in 48 Hours
- Francisco Memoria
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- 27 Sep 2024
Dogecoin ($DOGE) whales have amassed over 1.4 billion tokens in just 48 hours to add more than $140 million worth of the largest meme-inspired cryptocurrency by market capitalization to their wallets. That’s according to data from on-chain analytics firm Santiment that was shared by popular cryptocurrency analyst Ali Martinez on the microblogging platform X (formerly […]
Crypto Analyst Who Predicted 2018 Bottom Calls ‘Easy Money’ on $PEPE Chart Pattern After 700% YTD Rise
- Francisco Memoria
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- 27 Sep 2024
A popular cryptocurrency strategist known for accurately calling the cryptocurrency market bottom in 2018, has pointed to the meme-inspired cryptocurrency $PEPE as “easy money” after it formed an ascending triangle pattern. In a post shared on the microblogging platform X (formerly known as Twitter) with their over 276,000 followers, pseudonymous analyst Bluntz Capital pointed to a […]
$8 Trillion: S&P 500 Market Cap Adds Average of $43 Billion Per Trading Day YTD
- Francisco Memoria
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- 27 Sep 2024
The stock market’s benchmark index, the S&P 500, has added around $8 trillion to its market capitalization so far this year after surging more than 20%, meaning it has added an average of $43 billion per trading day year-to-date. According the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the S&P 500 […]
Crypto Investor Turns $800 Into Over $3.5 Million Through Popular Hippe-Themed Memecoin
- Francisco Memoria
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- 27 Sep 2024
A cryptocurrency trader has managed to turn just $800 worth of digital assets into over $3.5 million through a popular meme-inspired cryptocurrency Moo Deng, registering an impressive return that is yet to be realized as the trader keeps HODLing. According to data shared by popular cryptocurrency analytics firm Arkham Intelligence, a cryptocurrency trader identified by […]
Gold Price Hits New High Near $2,700 as US M2 Money Supply Surges
- Francisco Memoria
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- 26 Sep 2024
The price of gold has reached a new all-time high above $2,660 per ounce after surging more than 30% so far this year, marking its best year-to-date performance of this century as the U.S. M2 money supply is reaching a new high. As first reported by Zerohedge on the microblogging platform X (formerly known as […]
UBS Warns Dollar Downfall Could Continue as Gold Moves to New $2,700 High: Report
- Francisco Memoria
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- 18 Sep 2024
Global investment bank UBS has recently predicted that the price of Gold has “further to run” and could even hit $2,700 pr ounce by Jun of next year as the U.S. dollar weakens amid rate cuts from the Federal Reserve. In a recently published report written by the UBS editorial team, the investmenr bank noted […]
Dormant Ethereum Whale Awakens After Seeing their ETH Holdings Surge Over 44,000%
- Francisco Memoria
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- 16 Sep 2024
A mysterious cryptocurrency whale that has been dormant for over eight years has recently resurfaced after seeing the value of the Ethereum ($ETH) holdings surge more than 44,000% to now stand at $39 million. According to data from Ethereum blockchain explorer Etherscan, first shared by EmberCN on the microblogging platform X (formerly known as Twitter), […]
Veteran Crypto Trader Says Bitcoin’s Current Valuation is ‘Still Super Low’ as BTC Moves Toward $60,000
- Francisco Memoria
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- 14 Sep 2024
Popular cryptocurrency trader and market analyst Michaël van de Poppe has recently he revealed he believes that the “current valuation of Bitcoin is still super low,” adding he wouldn’t be surprised if the cryptocurrency’s price explodes to $300,000 to $600,000 this cycle. His comment came in response to a quote from the world’s largest asset […]
Coinbase’s Tokenized Bitcoin cbBTC Hits $100 Million Market Cap Within a Day
- Francisco Memoria
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- 14 Sep 2024
Nasdaq-listed cryptocurrency exchange Coinbase has recently unveiled a tokenized version of Bitcoin on Ethereum and its Layer-2 network Base, cbBTC, which has seen its total market capitalization surge to over $100 million shortly after launch. According to data from Dune Analytics, first reported on by Crypto Briefing, cbBTC’s market capitalization is above the $100 million […]