Iran has emerged as the 4th largest nation in the world in terms of cryptocurrency ownership, marking a significant development in the global digital currency […]
Tag: Cryptocurrency
Bitcoin ETFs See Strong Inflows Amid Market Optimism
On Friday, U.S. Bitcoin ETFs saw a net inflow of $252 million, marking the highest level in over a month. This surge in inflows reflects […]
Donald Trump Announces New Cryptocurrency Platform to Challenge Big Banks
Donald Trump has announced a new cryptocurrency platform called DeFiant Ones, aiming to challenge big banks and financial elites. The former president promoted it on […]
SEC Issues Wells Notice to Robinhood Over Crypto Operations
Robinhood $HOOD has recently received a “Wells Notice” from the U.S. Securities and Exchange Commission (SEC), citing alleged violations of Sections 15(a) and 17A of […]
JPMorgan Predicts Bitcoin’s Price Could Drop to $42,000 Post-Halving
JPMorgan stated in a research report dated February 28 that the upcoming bitcoin (BTC) halving event in April is expected to negatively impact miners’ profitability […]
Robinhood Downgraded to ‘Sell’ by Citi as Bitcoin’s Influence Raises Concerns, Price Target Raised to $16
Citi’s Downgrade: Citi has downgraded Robinhood $HOOD from “Neutral” to “Sell” while simultaneously raising its price target from $13 to $16. Reasoning: Bitcoin’s Influence: The […]
Ark Invest’s Dynamic Moves: Trading Coinbase and Nvidia, Boosting Tesla, and Banking on Palantir’s Growth
Key Highlights: Cathie Wood and Ark Invest made significant trades on 3/5/2024: Bought 79,956 Tesla shares Acquired 1,909,769 SoFI shares Added 79,090 Palantir shares Sold […]
Bitcoin’s Potential Short Squeeze: Institutional Longs vs. Hedge Fund Shorts
The current dynamics in the Bitcoin market suggest the potential for a significant short squeeze. Ethereum’s value drops to its lowest level against Bitcoin in […]
Oppenheimer Raises Coinbase Price Target to $276, Citing Leadership in Crypto Economy and Innovation Enablement
Oppenheimer has increased the price target for Coinbase $COIN from $200 to $276. The analyst noted that the adoption of digital assets persisted following the […]
Bitcoin Update: $8900 Plunge on Bitmex as 400 Bitcoin Sold, Sends Shockwaves
Bitcoin plummeted to $8900 on Bitmex, shocking many as someone unloaded over 400 Bitcoin, triggering the steep decline. The sudden volatility must be keeping ETF […]
JPMorgan Reports Strong Bitcoin ETF Inflows Amidst Market Volatility
JPMorgan reports that the weekly inflows into the Bitcoin ETF have reached their highest levels since its launch. JPMorgan’s analysis of cryptocurrency markets revealed that […]
Bank of America Report: Massive Inflows to Crypto Funds and Record-Breaking Cash Trends
Bank of America’s recent data highlights substantial inflows into various asset classes for the week concluding on February 28. Leading the pack is cash, witnessing […]