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Cryptocurrency News
Blockonomi
1w
144
Image Credit: Blockonomi
Metaplanet Boosts Bitcoin Holdings with $44 Million Purchase as Stock Surges
- Japanese investment firm Metaplanet has purchased an additional 497 Bitcoin for $43.9 million, bringing their total holdings to 2,888 BTC.
- Metaplanet now holds 2,888 BTC worth approximately $251 million as the stock market responded positively to their Bitcoin strategy.
- Metaplanet achieved a year-to-date Bitcoin yield of 45.1%, exceeding their quarterly target of 35%.
- Bitcoin whales have purchased over 20,000 BTC since the price fell below $88,000 on February 24.
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TheNewsCrypto
1w
229
Image Credit: TheNewsCrypto
Cardano (ADA) Bounced Back After Dropping 24% In a Day
- Cardano (ADA) price experienced high volatility but recently broke out above key EMAs.
- Last week, ADA price surged by 38% following the announcement of Trump's US crypto reserve.
- Currently, ADA price is trading above key EMAs, and RSI and MACD indicators indicate a bullish trend.
- If ADA successfully breaks the $1 psychological level, a potential rally is expected.
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Fintechnews
1w
51
Image Credit: Fintechnews
Singaporeans Should Stay Clear of Cryptocurrencies, Says Alvin Tan
- Singapore's Minister of State for Trade and Industry and Culture, Community and Youth Alvin Tan advised that consumers should stay clear of cryptocurrencies, citing their high volatility, speculation, and lack of fundamental value.
- MAS (Monetary Authority of Singapore) has consistently warned the public about the risks of dealing in cryptocurrencies and has imposed stricter regulations, prohibiting digital payment token service providers from offering credit or leverage to retail customers, and banning the use of locally issued credit cards for cryptocurrency purchases.
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NullTX
1w
250
Image Credit: NullTX
Cryptocurrency Buzz Intensifies as President Trump Announces U.S. Crypto Strategic Reserve
- Former U.S. President Donald Trump's proposal for a U.S. Crypto Strategic Reserve, including top cryptocurrencies like Bitcoin, Ethereum, Cardano, XRP, and Solana, has sparked significant buzz in the crypto market.
- The proposal aims to provide official legitimacy to select cryptocurrencies and integrate them into the U.S. financial framework, leading to heightened discussions and attention within the crypto community.
- Cardano and XRP have garnered particular interest due to their potential inclusion in the reserve, which could boost their credibility and investor confidence.
- Bitcoin and Ethereum stand to benefit from increased visibility and status as part of the proposed U.S. Crypto Strategic Reserve, potentially solidifying their positions in the digital asset landscape.
- Solana and Crypto.com have also been in the spotlight, with Solana's inclusion in the reserve driving newfound interest and concerns over possible token dilution with Crypto.com's $CRO.
- The announcement highlights the significance of the reserve in mainstream crypto adoption in the U.S., but it also raises questions about market volatility and the future impact on digital assets.
- The crypto community remains divided between optimism and skepticism regarding the reserve's potential effects on the cryptocurrency market and its potential role in advancing digital assets' acceptance in the U.S. economy.
- The ongoing discussions underscore the evolving landscape of cryptocurrencies and the unpredictable journey towards mass adoption, emphasizing the need for cautious research and decision-making in crypto investments.
- Disclaimer: This summary does not constitute trading or investment advice. It is recommended to conduct thorough research before engaging in cryptocurrency purchases or investments.
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Crypto-News-Flash
1w
289
Image Credit: Crypto-News-Flash
BlackRock Warns of Bitcoin Supply Shock: Not Enough BTC Supply for US Millionaires
- BlackRock warns of a potential supply shock in Bitcoin as wealthy investors rush to accumulate BTC.
- Bitcoin's limited supply and growing institutional demand may lead to scarcity and drive BTC prices higher.
- BlackRock confirms Bitcoin's fixed supply and emphasizes its intrinsic value in an increasingly digital world.
- If every millionaire in the United States wanted just one Bitcoin, there wouldn't be enough to meet the demand, highlighting Bitcoin's scarcity.
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Crypto-News-Flash
1w
331
Image Credit: Crypto-News-Flash
White House Hosts First-Ever Crypto Summit With Top CEOs
- President Donald Trump will host the first White House Crypto Summit, bringing top industry leaders and policymakers to discuss digital asset regulation and innovation.
- Eliminating capital gains taxes for US-based cryptocurrencies is one of the most discussed problems at the summit.
- The idea of a zero tax era for cryptocurrencies has been proposed, but there are concerns about potential legal loopholes and the impact on general tax policy.
- The summit also explores the potential of cryptocurrencies to revolutionize the financial system and the possibility of digital asset supremacy in the global economic conflict.
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Crypto-News-Flash
1w
76
Image Credit: Crypto-News-Flash
The Next Big Thing: BeerBear Could Hit 25,000% Before Summer
- The crypto market is buzzing with excitement as investors seek the next big moonshot, with BeerBear emerging as a hidden gem poised for a potential 25,000% surge before summer.
- While Solana (SOL) holds strong in the blockchain space, BeerBear stands out as a meme coin with immense profit potential due to its early accumulation phase and growing hype.
- BeerBear offers a unique opportunity for rapid gains, attracting both institutional and retail investors looking to capitalize on the meme coin craze.
- The token is designed to deliver explosive growth, with features like the 'Bar Brawl' game and a rewards system based on token purchases, offering up to 12% Beer Points for large contributions.
- BeerBear's presale stages are live, with early buyers potentially earning up to 1900% ROI as prices increase throughout the stages, emphasizing the importance of acting swiftly to maximize profits.
- The project also includes a USDT-BSC Multi-Level Referral Program to incentivize network building and generate passive earnings through a fast weekly payout system.
- As the clock ticks on the presale, hesitation could cost potential gains, making it crucial for investors to seize the opportunity presented by BeerBear before prices escalate further.
- BeerBear's unique value proposition and growth potential make it a standout choice for those seeking high returns in the rapidly evolving crypto market landscape.
- With the momentum building and expectations of a significant surge, BeerBear is positioned as a top contender in the meme coin space, ready to ride the wave of speculative frenzy to deliver substantial profits.
- Investors can visit beerbear.io to participate in the presale, join the community, and potentially reap substantial gains as BeerBear gains traction in the crypto market.
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TheNewsCrypto
1w
369
Image Credit: TheNewsCrypto
El Salvador Refuses to Halt Bitcoin Accumulation Under IMF Deal
- El Salvador's President Nayib Bukele confirms that the country will continue accumulating Bitcoin, despite IMF restrictions.
- The recent IMF agreement suggests that El Salvador should halt voluntary Bitcoin purchases and impose restrictions on Bitcoin-related activities.
- Bukele dismisses the IMF's requirements and states that the Bitcoin accumulation will not stop, as El Salvador adds another Bitcoin to its national reserves, bringing the total to 6,101 BTC.
- Although the IMF's conditions enforce limitations on Bitcoin activities, El Salvador remains committed to its accumulation strategy, receiving support from Bitcoin supporters.
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NullTX
1w
110
Image Credit: NullTX
Volatility Soars as Market Sentiment Hits Highs Not Seen Since the 2020 Crash
- The Volatility Index, $VIX, has spiked to levels not seen since the 2020 stock market crash, reflecting a period of heightened market stress and uncertainty.
- Factors such as rising interest rates, corporate profit pressures, and geopolitical tensions are driving market volatility and investor anxiety.
- The current market environment is characterized by rapid and substantial fluctuations, with both equity and bond markets experiencing unprecedented swings.
- Volatility in markets is attributed to a combination of factors, including increased geopolitical tensions, economic concerns, and political uncertainties.
- Geopolitical events like the conflict in Ukraine and economic indicators like inflation rates are contributing to the market's unpredictability.
- Market sentiment is polarized, with investors holding extreme bullish or bearish positions, leading to a volatile trading environment.
- The Federal Reserve's actions regarding interest rates and inflation are crucial factors influencing market stability and volatility.
- The unprecedented market swings and rapid changes in market capitalization highlight the current atmosphere of instability and unpredictability for investors.
- The future outlook remains uncertain, with concerns about how factors like inflation, interest rates, and geopolitical events will continue to impact market volatility.
- Overall, the article highlights the growing concerns and complexities within financial markets, urging investors to stay informed and cautious in their decisions.
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TronWeekly
1w
242
Image Credit: TronWeekly
Metaplanet’s Bold Bitcoin Bet Pays Off as Stock Soars 20% After $43.9M Buy
- Japanese investment firm, Metaplanet, has acquired 497 Bitcoin for $43.9 million, causing its stock price to jump 20% to ¥4,045.
- Metaplanet now holds a total of 2,888 BTC, making it the largest corporate Bitcoin holder in Asia.
- Bitcoin rose 4.40% to $87,592 after the news, but remains below its 20-day moving average.
- Metaplanet's aggressive accumulation strategy reflects the growing trend of corporate investment in digital assets, highlighting a shift in how businesses perceive Bitcoin's role in financial markets.
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Crypto-News-Flash
1w
212
Image Credit: Crypto-News-Flash
VeChain Secures New US Patent for Blockchain-Based Property Transfers
- VeChain (VET) secures another US patent for blockchain-based property transfers.
- The patent covers property right confirmation and transfer methods and systems.
- VeChain aims to address challenges of proving property ownership using blockchain technology.
- Analysts predict VET could reach $1 based on previous market cycles.
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Cryptopotato
1w
8
Image Credit: Cryptopotato
Why is the Cardano (ADA) Price Up Today?
- Cardano (ADA) experienced extreme price swings, surging by nearly 20% in the past 24 hours.
- Bullish momentum could be attributed to the potential listing of ADA on the Gemini exchange.
- The overall revival of the cryptocurrency sector and a possible dedicated spot ETF launch for ADA in the US also contribute to the price surge.
- Grayscale's filing and the regulatory review process signify a 70% chance of the ETF going live this year.
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99Bitcoins
1w
352
Bitcoin Faces Resistance at $94K After Failed Breakout, Says Bitfinex
- Bitcoin may face a tougher climb towards $94,000 after failing to reclaim that price level.
- Analysts at Bitfinex warn of significant resistance to any recovery towards $94,000.
- The unsuccessful push was triggered by heightened volatility due to US President Donald Trump's pledge to build a crypto reserve.
- Market sentiment remains divided on whether the recent dip marks a downtrend continuation or a new upward leg.
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99Bitcoins
1w
191
Blockstream Secures Multibillion-Dollar Investment To Launch Bitcoin Lending Funds
- Blockstream secures a multibillion-dollar investment to launch three institutional funds, two of which will offer Bitcoin lending capabilities.
- Blockstream's institutional Bitcoin offerings will go live on April 1, with external capital acceptance starting on July 1.
- The new products will include Bitcoin-backed lending and institutional financing, providing borrowing options without selling Bitcoin, and hedge fund strategies for Bitcoin exposure.
- Blockstream joins other major crypto asset managers in offering diverse digital asset investment products.
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