Sun, January 26, 2025

Cryptocurrencies

FTX, robinhood, zksync

Robinhood’s $200M Acquisition of Bitstamp for Global Expansion

Quick Look: Robinhood acquires Bitstamp for $200 million in an all-cash deal, closing in H1 2025 pending approval. The acquisition aligns with Robinhood’s international expansion and diversification into institutional business. Bitcoin surged over 60% in 2024; Robinhood’s crypto revenue tripled in Q1 2024 despite regulatory challenges. Robinhood has announced the acquisition of Bitstamp for $200 …

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Ethereum-based status

Ethereum ETF Delays and Record Open Interest Spike

Quick Look: SEC Chair Gensler’s focus on disclosure adds uncertainty to the spot Ethereum ETFs’ launch. Open interest rose 50% after the SEC’s positive stance on ETH ETFs, showing increased investor activity. Approval of 19b-4 filings from eight issuers on May 23 is a key step towards launching spot ETH ETFs. SEC’s call for updated …

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CFTC выиграла дело на сумму $83,7 млн, регулируя цифровые активы

Uniswap Price Surges 20%: Major Rally Ahead?

Quick Look: Price Surge: Uniswap (UNI) surged over 20%, breaking the $10.50 resistance above $11.20. Key Resistance: Immediate resistance at $11.55, with targets at $12.00, $12.20, $12.50, and $13.50. Market Impact: Broader market gains; Bitcoin above $71,000, notable moves in BNB and STRK. Uniswap Labs Post: Speculation over a Uniswap Labs post boosted UNI’s price. …

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Polkadot, DOT

Polkadot Projected to Hit $9.12 by June 9, 2024

Quick Look: Market Overview: The global cryptocurrency market cap is $2.7 trillion, with Bitcoin trading at $69,000. DOT Price Performance: Polkadot has declined by 38.8% from its March 2024 high, currently priced at $7. Future Projections: CoinCodex predicts a rise to $9.12 by June 9, 2024, and potentially $20.43 by month’s end. As we enter …

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Cryptocurrency market in Africa

Binance’s Zhao Faces 4-Month Prison Term

Quick Look: CZ Sentenced: Changpeng Zhao, Binance founder, was sentenced to 4 months in a low-security prison. DOJ Recommendation: The DOJ proposed 36 months, exceeding the plea agreement’s 18 months. Legal Consequences: Binance was fined $4.3 billion, Zhao was fined $50 million and stepped down as CEO. Binance’s Market: Despite legal issues, Binance remains the …

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SHIB

Shiba Inu’s 13.2% May Growth and June Milestone Potential

Quick Look: Market Performance: Shiba Inu rose by 13.2% in May, contrasting with a 15.4% drop last year. Token Burn Event: On June 4th, a 16,600% surge in token burn rate, burning 21.5 million SHIB. Current Price: As of June 4th, SHIB’s price is $0.00002392, with a market cap of $14.09 billion. Price Projections: Key …

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Краткосрочные тенденции цен на криптовалюты в условиях инфляции

Notcoin Soars to $2.439 Billion Market Cap, $0.02373 Value

Quick Look: Notcoin’s market cap is $2.439 billion, with a daily transaction volume of $4.5 billion, reflecting high liquidity. Weekly gain of 350% and a 335% increase from its all-time low, with significant price surges driven by market interest. Strategic whale conversion and the largest gaming token airdrop in mid-May significantly boosted visibility and adoption. …

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Crypto investors assure Biden that they aren’t criminals

Biden Vetoes House Resolution on SEC’s Crypto Bulletin

Quick Look: President Biden’s Veto: President Biden vetoed a resolution aiming to overturn SEC’s crypto accounting guidance, SAB 121. Defence of Veto: Biden emphasized the need for safeguards to protect consumers and investors. Senator Wyden’s Criticism: Senator Wyden criticized SAB 121 for setting a unique standard for cryptocurrencies. Additional Veto: Biden also vetoed a resolution …

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blackrock

BlackRock’s $20B IBIT is World’s Largest Bitcoin ETF

Quick Look: BlackRock’s iShares Bitcoin Trust (IBIT) surpasses Grayscale’s Bitcoin Trust (GBTC), holding over $20 billion in assets. IBIT manages 288,670 Bitcoin and saw significant inflows, outpacing GBTC’s 287,450 Bitcoin with $19.7 billion in assets. BlackRock integrates IBIT into major funds, reflecting strong institutional demand for Bitcoin exposure. BlackRock’s iShares Bitcoin Trust (IBIT) has emerged …

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Cryptocurrency

Chiliz (CHZ) Surges 76% Ahead of Dragonfly Hard Fork

Quick Look: Chiliz (CHZ) sees a 76% rise from April’s low, trading at $0.15212. Dragonfly Hard Fork enhancements include inflation adjustments and developer tools, postponed from May 21. Bullish trends with MACD above neutral and RSI overbought, targeting $0.20. Chiliz (CHZ) is experiencing a significant surge in its market value, reaching its highest price level …

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The Best Cryptos to Invest in 2022, TRX, tia

Celestia (TIA) Rises 15% in May Amid Positive Sentiment

Quick Look: TIA hit $11.00 on May 28, 2024, up 15% from $8.00 on May 15, 2024. Current price: $10.65. Positive sentiment is driven by Altseason optimism and key events, including John Adler’s participation in Consensus 2024. Modular Summit 3.0 in Brussels, July 11-13, 2024, will likely influence TIA’s price. Celestia (TIA) has recently exhibited …

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cryptocurrency - avalanche, celestia, mog coin, netcoin, bitcoin

Notcoin Surges 500%, Market Cap Hits $941 Million

Quick Look: Notcoin launched on 16th May 2024, trading at $0.009 with a market cap of $941M, ranked 94th. In the last 24 hours, Notcoin surged 38% to $0.009687 and 500% over the past week, with predictions of reaching $0.01 to $0.03. Community-driven initiatives like airdrops and marketing strategies have significantly boosted Notcoin’s value and …

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Bitcoin Could Reach $100,000 Within a Year

107,000 Bitcoins Moved from MtGox, Worth $7 Billion

Quick Look: Massive Transfer: 107,000 BTC, worth about $7 billion, moved from MtGox-related addresses on 28th May 2024. Market Reaction: Bitcoin dropped 1.4% from $70,000 to $67,680 following the transfers. Creditor Holdings: Creditors will hold most BTC, potentially easing sell-off concerns. The sequence of transfers began with minor transactions, such as a $3 test transfer …

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Краткосрочные тенденции цен на криптовалюты в условиях инфляции

JasmyCoin Rises 7.35%, Forms Bullish Pattern

Quick Look: JasmyCoin reached $0.024, the highest since April 28, indicating renewed investor interest. JASMY dropped to $0.015 in May but rebounded, correlating with Bitcoin’s decline. JASMY’s price rose 7.35% to $0.0230, with a 164.74% increase in trading volume. Over the weekend, the price of JasmyCoin held steady amid improving sentiment in the broader crypto …

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