Category: Investing

Bitcoin (BTC) Price Stays Flat Over Weekend; XRP, LTC Buck Trend as Shiba Inu (SHIB) Extends Loss

August 21, 2023CryptoLeave a Comment

As of Asian afternoon hours, the bitcoin (BTC) price remained steady at over $26,000, with ether (ETH) little changed from Sunday’s $1,670. Xrp (XRP) lost some 2% while litecoin (LTC) rose 2%. The two were the only ones among majors to buck a flat-market trend.

Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry

July 21, 2023CryptoLeave a Comment

Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.

Thank BlackRock’s Clients for Larry Fink’s Change of Heart

July 6, 2023CryptoLeave a Comment

BlackRock’s CEO once called Bitcoin an “index of money laundering.” Now he’s changed his tune.

Solana, polygon and cardano tokens dunked hard amid SEC troubles

June 10, 2023CryptoLeave a Comment

Earlier this week, the SEC identified tokens issued by foundations and companies or tied to protocols Polygon (MATIC), Sandbox (SAND), Filecoin (FIL), Axie Infinity (AXS), Chiliz (CHZ), Flow (FLOW), Internet Computer (ICP), Near (NEAR), Voyager (VGX), Dash (DASH) and Nexo (NEXO) as securities.

Tokenized Treasury Bond Market Cap Nears $500M as Crypto Investors Chase TradFi Yield

May 19, 2023CryptoLeave a Comment

The fact that established players are also coming into the space, merging blockchain technology with traditional finance, also fuels growth, according to Doug Schwenk, chief executive officer of Digital Asset Research, a research and crypto data provider for institutional clients.

Bitcoin BTC Price Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Bank Woes

April 27, 2023CryptoLeave a Comment

Ether (ETH), the second-largest cryptocurrency by market value, followed a similar pattern, jumping almost 3% over the past 24 hours to change hands at around $1,920. The CoinDesk Market Index (CMI), which measures overall crypto market performance, was up over 6% for the day.

Bitcoin BTC Price Tumbles Below $28K on Coinbase Before Rallying

April 20, 2023CryptoLeave a Comment

Equity markets also declined, amid a series of disappointing first-quarter earnings, including car maker Tesla, whose revenues fell slightly short of consensus estimates, and Blackstone, the world’s largest alternative asset manager. The S&P 500 and Nasdaq Composite fell 0.6% and 0.8%, respectively for the day. The Dow Jones Industrial Average (DJIA) was down 0.3%.

Polygon, Solana Lead Majors Slide Amid Bitcoin Weakness

March 9, 2023CryptoLeave a Comment

Bitcoin dipped under $22,000 during European hours on Wednesday, even as broader traditional markets remained relatively unchanged. Ether (ETH) shed over 2%. Among other large-caps, solana (SOL) and matic (MATIC) fell 6% in the past 24 hours, while Uniswap’s UNI and Avalanche’s AVAX fell 4% in the same period.

Token Offering of Asset Management Platform Factor Raises Roughly $7.6M

February 24, 2023CryptoLeave a Comment

First among these changes was increasing the liquidity owned by the protocol for the USDC/FCTR pair on Camelot. When participating in the token generation event, users would deposit stablecoin USDC into the protocol in exchange for FCTR. Half of the USDC funds raised from the public sale will now be deployed into a liquidity pool […]

Bitcoin Soars, Then Retreats. What’s Behind This Week’s Rollercoaster? What’s Ahead?

February 17, 2023CryptoLeave a Comment

Its Thursday retreat notwithstanding, bitcoin has surged about 13% over the past seven days. The spike reflects investor optimism, although macroeconomic concerns remain.