The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the $15 billion threshold. Coinshares Tracks $2 Billion May Inflow Into Digital Assets…
While The Graph (GRT) analysis and Stacks (STX) price news attempt to capture attention, they are overshadowed by persistent market volatility concerns. Conversely, BlockDAG has captivated the financial community by amassing $40.8 million from its presale and moving 10.6 billion coins following the impactful Keynote 2 launch. BlockDAG’s stable growth and innovative approaches, such as…
Ethereum is seeing a turnaround in sentiment owing to the SEC approval of a spot Ether ETF that is set to go live sometime next month. According to CoinShares’ latest report, Ethereum-based investment products experienced a second consecutive week of inflows marking a reversal from a 10-week outflow streak amounting to $200 million. Over the…
Keith Gill, known online as “Roaring Kitty,” posted on Reddit that he is holding $181.4 million worth of GameStop (GME) stock and call options. Following his Reddit post, GME, ROAR, and KITTY meme coins gained 315%, 660%, and 477%, respectively. GameStop Meme Coin Rally Gill’s post, titled “GME YOLO update – June 2, 2024,” marks…
Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin ETFs or offshore options, which did not offer the same investor protections established…
Polkadot’s price has been consolidating over the past couple of months, following a steep decline in early April. Yet, things might be changing for the better. Technical Analysis By TradingRage The Daily Chart On the daily chart, the cryptocurrency has been range-bound inside a rising wedge pattern. This is a classical bearish reversal or continuation…
Meme coins have made a comeback in the past few weeks – and one new token is separating itself from the pack. PlayDoge (PLAY), which combines the iconic “Doge” meme with play-to-earn (P2E) gaming, has already raked in $1.4 million less than a week into its presale. With that kind of traction, investors are buzzing…
TL;DR Bitcoin rose above $69,000 after consolidating around $67,500, with predictions of further gains if key resistance levels are surpassed. Analysts point to interesting technical patterns and indicators suggesting BTC could reach new highs, potentially up to $85,000. Bitcoin Price Predictions to Watch After a brief period of consolidation around the $67,500 mark, the price…
Meme stocks like Gamestop (GME) and meme coins associated with the GME and Wall Street Bets trend have experienced an upswing following Keith Gill’s return to Reddit. Gill, also known as “Roaring Kitty,” has sparked renewed interest. Over the past 24 hours, crypto assets such as GME and KITTY have seen triple-digit gains. GME and…
A new meme coin project has burst onto the scene in the past week and got everyone talking. PlayDoge (PLAY), hosted on the BNB Smart Chain, has exploded in popularity – raising over $1.4 million in presale funds since launching last Tuesday. Nostalgic Crypto Game PlayDoge Takes Market By Storm PlayDoge is a clever mobile…