Fundstrat Head of Research Tom Lee believes hopes of a Trump election victory in November could boost asset prices – and that includes Bitcoin. “When the market becomes more convinced of that, you’ll see cyclicals, small caps, and bitcoin do better,” he told CNBC on Thursday, “because those are clear policy differences.” The Bitcoin Trump…
Advertisement     Despite Ripple’s legal victories, which many expected would trigger a significant price surge, XRP, the company’s native cryptocurrency, continues to underperform, drawing increasing criticism and skepticism from a growing segment of the crypto community. The crypto asset has notably struggled to regain its valuation following a widely publicized court ruling in…
Key Takeaways SunPump generated $567,000 in revenue from 7,531 memecoins on a single day. SunPump’s daily earnings surpassed PumpFun’s by a significant margin. Share this article SunPump, a Tron-based memecoin generator, recently surpassed Pump.fun in daily revenue, marking a significant milestone in the memecoin market. On Wednesday, SunPump generated approximately 3.65 million TRX, equivalent to…
Carrie Kellar is the co-founder and CTO of BAXUS, a global marketplace for the world’s most collectible spirits. Why you should listen Collectible wines and spirits are one of the most rapidly expanding and lucrative asset classes with the global luxury wines and spirits market forecasted to surge from $250 billion to $470 billion by…
The new data reveals a continuous growth in Bitcoin ETFs while a decline in Ethereum ETFs. Lookonchain, a famous on-chain analytics provider, disclosed that BTC ETFs recorded significant inflows but ETH ETFs saw huge outflows on August 22. The analytics company provided the details of these ETF flows on its official social media account. Bitcoin…
Shiba Inu (SHIB) is back at $0.000014 after a 4.50% increase in the past 24 hours, with the burn rate spiking by 1088%. Typically, an increased burn rate reduces supply and can boost the price. However, historical data shows that price doesn’t always correlate directly with burn rate spikes. Will this time be different? That…
In the latest development in the ongoing FTX saga, federal prosecutors have charged Michelle Bond, the domestic partner of former FTX executive Ryan Salame, with violating campaign finance laws. This comes just a day after Salame made a last-ditch effort to have his conviction vacated or blocked. DOJ Cracks Down On FTX Connections According to…
A month-long pop-up in Buenos Aires is showing how crypto can potentially transform an economy from the bottom-up. Source link
Grayscale Introduces Avalanche Trust Grayscale Investments, a leading cryptocurrency asset manager, has introduced the Grayscale Avalanche Trust, providing investors with exposure to the AVAX token. This token is crucial for transaction fees and securing the Avalanche blockchain, known for its high-speed and scalable capabilities as a competitor to Ethereum. This launch is part of Grayscale’s…
M^0’s New Partnership with Fireblocks M^0, a protocol for minting stablecoins backed by U.S. Treasury bills, has announced its collaboration with Fireblocks to provide advanced cryptocurrency custody services. This integration ensures that institutions using Fireblocks for crypto key management can seamlessly operate with M^0’s stablecoin-minting and validation system. M^0 aims to address the limitations of…