Earlier today, a crypto analyst by the name of Captain Faibik took to Twitter to share his belief in the potential for a significant price surge in IOTA (MIOTA) in the near future. The analyst highlighted that IOTA has been trading within a bullish Falling Wedge Formation on its weekly chart for a considerable period The post Crypto Analyst Expects 200- 250% Rally in IOTA’s Price Soon appeared first on Coin Edition .
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Coinbase (COIN) Share Sale Is “Active Management” – Cathie Wood
ARK Invest’s Cathie Wood has attempted to correct the narrative that her firm is currently dumping its Coinbase (COIN) shares. Cathie Wood Debunks Coinbase Selloff During a recent “Ask Me Anything” AMA Q&A session on the social media platform Reddit’s r/Cryptocurrency page, one user asked for the rationale behind ARK Invest’s sales of Coinbase shares. The post Coinbase (COIN) Share Sale Is “Active Management” – Cathie Wood appeared first on CoinGape .
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Institutional Investment Shifts Bitcoin Mining Landscape, Challenging Decentralization and Network Dynamics
Institutional investment in Bitcoin mining by large public companies has notably impacted the landscape for individual and small-scale miners, with significant consequences for the network’s dynamics, according to a Bitfinex report on the cryptocurrency mining ecosystem ahead of the Bitcoin halving. The study reveals a shift from the decentralized vision of Bitcoin, where individuals contributed to network security, to a scenario dominated by corporate entities. These entities prioritize shareholder returns, operating on a much larger scale with different priorities than smaller miners. The report emphasizes their focus on profitability and managing investor expectations, often sidelining the community’s more altruistic values
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Officials From the US and UK Investigate Crypto Transfers to Russian Exchange Valued at $20,000,000,000: Report
Authorities from the US and UK are reportedly investigating $20 billion worth of crypto assets sent to a Russian crypto exchange platform. According to a new report by Bloomberg, anonymous sources familiar with the incident say that officials from the US and UK are looking into the matter as part of a crackdown effort against The post Officials From the US and UK Investigate Crypto Transfers to Russian Exchange Valued at $20,000,000,000: Report appeared first on The Daily Hodl .
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FTX Estate Ready to Sell Solana Lock for $7.5 Billion
FTX real estate just sold for $41 million. The $7.5 billion sale price of locked Solana tokens attracted the attention of investors. Demand for the sale is strong, and many companies are interested in purchasing tokens from the property, people familiar with the matter said. Neptune Digital leads the way Neptune Digital became the first
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Hedge Fund Goes Long Bitcoin, Short MicroStrategy: Details
Kerrisdale Capital, a hedge fund, today disclosed a nuanced investment thesis: going long on Bitcoin while concurrently taking a short position on MicroStrategy shares. This move is predicated on the assessment that MicroStrategy, which has positioned itself as a de facto Bitcoin investment vehicle, is trading at a significantly unjustified premium to the underlying cryptocurrency
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Investment Efficiency: Comparing the ROI Efficiency of Ethereum (ETH), Shiba Inu (SHIB), and Furrever Token
The post Investment Efficiency: Comparing the ROI Efficiency of Ethereum (ETH), Shiba Inu (SHIB), and Furrever Token appeared first on Coinpedia Fintech News Amidst fluctuations impacting major cryptocurrencies like Ethereum (ETH) and Shiba Inu (SHIB), Furrever Token (FURR) shines as a haven of potential, enticing investors with prospects of up to 15-fold gains. As Ethereum and Shiba Inu navigate through unpredictable price shifts, the attractive prospects of FURR highlight its stability and allure within the dynamic realm of …
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Dogecoin Overshadows Bitcoin and Ethereum’s Market Standstill!
Amidst a period of relative stability for Bitcoin and Ethereum, Dogecoin and other smaller cryptocurrencies are capturing the market's attention with significant gains, hinting at a changing landscape in the crypto community. The post Dogecoin Overshadows Bitcoin and Ethereum’s Market Standstill! appeared first on COINOTAG NEWS .
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