The investment in digital asset products has been on the rise, with inflows reaching $1.35 billion last week alone. This surge has contributed to a total of $3.2 billion in inflows over the past three weeks, indicating a growing interest in the digital asset market. Shift in Investor Sentiment The latest edition of CoinShares’ Digital
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The Digital Chamber recently sent a letter to Vice President Kamala Harris urging her to adopt a forward-looking approach to digital assets and blockchain technology. The Chamber emphasized the immense potential of these technologies for innovation, economic growth, and financial inclusion. Despite the support for the industry among key Democratic leaders, there is a public
The crypto market is once again experiencing positive momentum, with both Bitcoin and altcoins seeing significant price increases. Crypto analyst Capo of Crypto has recently shared his optimism, suggesting that there are still more substantial moves to the upside for these digital assets. In a post on X, Capo expressed his belief that the “best
Ripple’s XRP has seen a significant surge in price recently, with a 40% increase in value over the past two weeks. This sudden uptick has brought the digital asset to above $0.60, sparking optimism among investors and analysts alike. However, the road ahead remains uncertain, with some questioning the sustainability of this rally. Some analysts
10x Research recently made a bold statement regarding the potential impact of President Joe Biden’s withdrawal from the 2024 presidential race. According to the firm, this move would pave the way for former President Donald Trump to secure a “decisive victory” in the November election. They go on to assert that no credible candidate stands
The CEO and founder of DAIM, Brian Korshain, recently expressed strong optimism regarding the potential impact of former President Donald Trump’s support for Bitcoin. Korshain discussed Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US government, stating that while it is “possible,” it could be “very difficult to get it done.”
In the last decade, Ethereum has shown remarkable growth and development within the blockchain industry. It has come a long way from its humble beginnings with its initial coin offering (ICO) back in 2014 to becoming the second-largest cryptocurrency by market cap. Ethereum has continuously adapted and upgraded its technology, transitioning to Proof-of-Stake (PoS) and
The cryptocurrency market experienced a significant level of volatility on July 21, 2024, following Joe Biden’s announcement of his withdrawal from the 2024 presidential race. Various tokens linked to Biden and his family saw substantial declines, while those associated with potential Democratic replacements surged in value. The Joe Biden-linked Jeo Boden (BODEN) token, for example,
The recent announcement made by President Joe Biden regarding his decision to step down from the presidential race had a significant impact on the cryptocurrency market. Following the announcement, the Bitcoin price experienced a sudden crash, wiping off $2,000 in mere minutes and bringing it back down below $66,000. This abrupt decline caused other cryptocurrencies
Bitcoin (BTC), the world’s leading cryptocurrency, has recently experienced a pullback, with its price heading for the $66,736 level. This dip follows a period of significant bullish activity that had previously pushed BTC’s price above this mark. As the price of the crypto asset approaches this critical level, the key question is whether the bulls