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Showing posts with the label investors

Dogecoin eyes $1 mark, Monero and Chainlink’s competitor attracts top-tier investors

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We have seen all sorts of events happening in the crypto world, where some of the best meme coins can capture a huge chunk of the market while fundamentally strong projects remain in the shadows.  DOGE, with massive community backing, is an example of how hype can impact the price of a token. Some traders are already seeing it touch the $1 mark sooner than later, but that will depend on multiple factors. While we see how it goes, a new ICO, InQubeta, is competing with the likes of Chainlink and Monero. Will Dogecoin touch the $1 mark? Dogecoin has made quite the splash recently, riding the wave of meme culture straight into the hearts of a diverse crowd. It’s not just the seasoned Crypto heads getting in on the action but also those looking for a fun entry point into the world of digital money. Dogecoin stands out, not so much for its tech or financial chops, but for its vibe: it’s all about community. Yet, hitting that $1 dream is tricky. De...

New crypto opportunity at $0.03 for investors who missed SHIB and DOGE soar

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The cryptocurrency market is full of opportunities for investors willing to embrace risks and a volatile road of value asymmetry. For example, Dogecoin (DOGE) and Shiba Inu (SHIB) are notable examples of cryptocurrencies that soared in the past. Notably, both went from less than $1 billion in market cap to all-time highs of $98.47 billion and $249.83 billion, respectively, in 2021. In particular, DOGE and SHIB are two memecoins that massively benefited from the support of influential figures like Elon Musk. They experienced the pump during the last cycle’s bull market, and other projects will hardly manage to mirror their performance. Nevertheless, investors can still find investment opportunities in crypto for relevant gains. Technical and fundamental analyses are valuable companions on this financial journey. Picked for you Cardano founder warns of ‘legacy eating crypto ’ 1 hour ago Peter Schiff says Bitcoin might hit $100k 3 hours ago Dormant Ripple wall...

AI altcoin wins investors’ hearts as SEC’s Bitcoin ETF talks are in final stages

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SEC’s decision on Bitcoin ETFs looms as InQubeta’s AI cryptocurrency gains traction in the market. The crypto sector has been on tenterhooks over the prospects of spotting Bitcoin exchange-traded funds.  After multiple companies, including ARK Investments and BlackRock, showed interest in rolling out Bitcoin ETFs, the ball is now in the US Securities Exchange Commission’s (SEC) court.  All eyes are on the SEC after ARK claimed that its talks with the regulatory body have “advanced”. The build-up of speculation for the ETF has propped up Bitcoin (BTC) prices. The crypto market has also been buoyed by the recent success of InQubeta (QUBE), an AI-led cryptocurrency.  Released earlier this year, it’s a decentralized crowdfunding service for startups working on AI projects. InQubeta has created an ...

ESMA warned crypto investors on Tuesday: find out more

ESMA says MiCA will take time to be fully implemented. Crypto investors, therefore, remain at risk in the meantime. Bitcoin is trading well under the $29,000 level on Tuesday. All eyes are on Bitcoin after ESMA – the European Securities & Markets Authority cautioned crypto investors on Tuesday. MiCA will take time to be implemented Earlier this year, the European Union approved an extensive set of regulations for crypto assets that it’s calling Markets in Crypto-Assets Regulation. On Tuesday, however, ESMA warned crypto investors that it will likely take until December of 2024 for MiCA to be fully implemented. It is also worth mentioning here that a bunch of crypto firms will be able to remain in business without an EU license in states that grant them a transitional period of 18 months – which means full protections in these EU states will not be available until July 2026. At writing, Bitcoin is trading well under the $29,000 lev...

Unveiled: 200 institutional investors and wealth managers share BTC price expectations

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A vast majority of institutional investors and wealth manage rs are expect ing Bitcoin (BTC) and Ethereum (ETH) to trade at higher price s than today’s, by the end of the year. The $100,000 price per BTC is also massively expect ed to happen within the next five years. These and other price predictions were addressed in a study shared with Finbold on September 27. This global research was driven by Nickel Digital Asset Management (Nickel) with 200 institutional investors and wealth managers in the US, UK, Germany, Switzerland, Singapore, Brazil, and the United Arab Emirates who collectively manage around $3.5 trillion in assets. “Price predictions can of course be proved wrong in the short term by market shocks but there is genuine long-term confidence in the market with most investors believing Bitcoin will ultimately achieve the long-predicted $100,000 valuation. The market’s view on Ethereum is particularly bullish, with 99% of respondents expect ETH to finish the year above...

PayPal launches USDC competitor, investors bullish on this new project presale in 2023

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There is a dynamic transformation in the stablecoin scene following the recent introduction of PayPal’s USD stablecoin. With its entry, there are questions about its potential impact on existing options like USDC. Meanwhile,  Borroe’s   presale is ongoing and continues to attract supporters and investors.  PayPal’s stablecoin PayPal’s recently launched a USD-backed stablecoin for users to transfer funds between digital wallets, facilitate person-to-person payments, and permit purchases via digital currencies.  You might also like: USDC issuer creates $1 billion cash buffer days after PayPal’s entry Additionally, users can easily convert supported cryptocurrencies to and from PayPal USD. Backed by USD deposits, short-term treasuries, and cash equivalents, the stablecoin mirrors the 1-to-1 ratio redemption characteristic of most USD-backed stablecoins.  To launch this stablecoin, PayPal partnered with Paxos Trust Company, a N...

Crypto investors cool on Bitcoin funds, turning to Ether and XRP

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Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill. Bitcoin-related invest ment products appear to have lost some of their sheen among crypto invest ors, recording its first week of outflows since Blackrock filed for spot Bitcoin ETF in June. According to a July 24 report by CoinShares’ head of research, James Butterfill, Bitcoin (BTC) investment products saw outflows of $13 million for the week ending July 21, reversing five weeks of inflows. Short Bitcoin products also saw outflows of $5.5 million in the week. Bitcoin Fear and Greed Index is 50 ~ Neutral Current price: $29,178 pic.twitter.com/T1DMFpsX9p — Bitcoin Fear and Greed Index (@BitcoinFear) July 25, 2023 In contrast, Ethereum (ETH) and XRP (XRP) invest ment products recorded combined inflow of $9.2 million over the last week. Butterfill noted that Ethereum invest ment products were the best performer last week...