Digital assets

Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts

Posted on December 6, 2024 by ante — No Comments ↓

Bitcoin (BTC) shattered the $100,000 price milestone yesterday, reaching as high as $104,088 on Binance crypto exchange. This historic price action has prompted analysts at the trading firm Bernstein to assert that Bitcoin is well-positioned to replace gold within the next decade. Bitcoin Poised To Outshine Gold Over Next Decade, Bernstein Says In a client… Continue reading Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts→

Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings

Posted on October 15, 2024 by ante — No Comments ↓

In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to schedule a series of fixed-income investor meetings… Continue reading Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings→

Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

Posted on October 12, 2024 by ante — No Comments ↓

Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus… Continue reading Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry→

XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In The Token?

Posted on October 2, 2024 by ante — No Comments ↓

Ripple’s XRP token amassed close to $1 billion in open interest over the weekend, while its price hovers around $0.61 at press time, data from CoinGlass shows. What’s Different About XRP Price Action? While the top two cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have been down 1.5% and 2.3% over the past week, XRP has… Continue reading XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In The Token?→

Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?

Posted on September 25, 2024 by ante — No Comments ↓

Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged… Continue reading Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?→

Historical Data Sparks Excitement: VeChain Price Poised For A Bullish Breakout?

Posted on April 18, 2024 by ante — No Comments ↓

In the rollercoaster ride of the crypto market, VeChain (VET) has managed to keep its head above water, showcasing resilience where many others falter. VeChain Analysts Take Notice Crypto analysts are keeping tabs on VeChain, with some seeing a potential bright future ahead. Sure, there’s been talk about VeChain’s performance since 2021, and it’s had… Continue reading Historical Data Sparks Excitement: VeChain Price Poised For A Bullish Breakout?→