Influential Bitcoin advocate Samson Mow offers a bullish outlook on Bitcoin's future, citing the upcoming halving and growing ETF inflows as key drivers. Here's why he believes the current market turbulence could lead to a surge in BTC price.
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Bitcoin Breaks Above Consolidation, Is $70,000, the Next Pit Stop for the BTC Price Rally?
The post Bitcoin Breaks Above Consolidation, Is $70,000, the Next Pit Stop for the BTC Price Rally? appeared first on Coinpedia Fintech News The market sentiments have become somewhat hopeful after the Bitcoin price rally marked the monthly highs at $66,666 in the early trading hours. A huge rise in buying pressure caused the token to break above the falling wedge, which has circulated bullish waves within the markets. However, the market participants continue to remain hesitant to …
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CME Group Prepares to Launch Bitcoin Spot Trading Amid Wall Street Interest
The post CME Group Prepares to Launch Bitcoin Spot Trading Amid Wall Street Interest appeared first on Coinpedia Fintech News The Chicago Mercantile Exchange (CME Group) is reportedly gearing up to introduce Bitcoin spot trading, capitalizing on increased interest from Wall Street fund managers. This step aims to meet the escalating demand within the cryptocurrency sphere. Although the plan is still preliminary, it highlights traditional financial institutions’ growing acceptance and adoption of digital assets. Additionally, …
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Whales Buy 720 Billion Pepe Coin As PEPE Price Rally Over 100%
Whales have been accumulating Pepe Coin for over a month that led to PEPE price hitting new all-time highs daily. As per IntoTheBlock data, wallet addresses with over $100K have increased their Pepe Coin holdings in the last few days and 100% of PEPE holders are currently in profit. PEPE price hit an all-time high The post Whales Buy 720 Billion Pepe Coin As PEPE Price Rally Over 100% appeared first on CoinGape .
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Turn $1,000 Into $100,000 Buying 6 XRP Rivals As Ripple vs SEC Battle Escalates
The ongoing Ripple vs. SEC battle has sparked interest in six key XRP rivals: Solana (SOL), Cardano (ADA), Chainlink (LINK), Polygon (MATIC), Polkadot (DOT), and Filecoin (FIL). These platforms exhibit impressive growth indicators, suggesting substantial potential returns. Tech-savvy investors closely monitor these alternatives, aiming to transform a $1,000 investment into $100,000 by capitalizing on their The post Turn $1,000 Into $100,000 Buying 6 XRP Rivals As Ripple vs SEC Battle Escalates appeared first on CoinGape .
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Bitcoin ETF Trading Volumes See Sharp Surge, GBTC Sees $27 Million Inflows
The activity surrounding the spot Bitcoin ETFs has surged significantly once again amid multiple news of traditional financial players seeking exposure to the Bitcoin funds. As a result, the Bitcoin ETF trading volumes have once again skyrocketed hitting a two-month high. Bitcoin ETF Volumes Pick Up Steam On-chain data provider Santiment has reported a significant The post Bitcoin ETF Trading Volumes See Sharp Surge, GBTC Sees $27 Million Inflows appeared first on CoinGape .
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Pine Ridge’s $205M Crypto Investment: FBTC, IBIT, and BITB Lead the Way
The post Pine Ridge’s $205M Crypto Investment: FBTC, IBIT, and BITB Lead the Way appeared first on Coinpedia Fintech News Pine Ridge Investors, a New York-based Registered Investment Advisor (RIA), has invested over $205 million in IBIT, BITB, and FBTC, which accounts for 23% of their total assets under management. This move underscores the increasing involvement of traditional financial institutions and RIAs in the crypto markets. FBTC attracted the largest stake, with an investment worth …
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FTX Repayments Could Spark Crypto Market Surge, Says K33 Research
The post FTX Repayments Could Spark Crypto Market Surge, Says K33 Research appeared first on Coinpedia Fintech News Analysts at K33 Research have predicted a potential bullish trend in the crypto market linked to the bankrupt crypto exchange’s upcoming repayments from FTX. K33 analysts Vetle Lunde and Anders Hesleth highlighted in a report on May 14 that FTX is prepared to distribute a minimum of $14.5 billion in cash to its creditors. These …
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Memecoins Jump 8% as US Inflation Falls
Memecoins are surging with intra-day trading sparking a rally in several assets as the United States inflation falls. The Consumer Price Index data which saw monthly inflation figures drop to 0.3% has occasioned a boost in crypto prices. This means that core inflation is down to 2021 levels signalling potential interest rate cuts. The stock The post Memecoins Jump 8% as US Inflation Falls appeared first on CoinGape .
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RockTree Capital Unveils Cyberpunk Crypto Future In New Website
Beijing, China – May 16, 2024 RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto City. The website’s cutting-edge interactive cityscape represents RockTree’s vision where Web3 has become pervasive, fusing technology, finance, and culture. The site, set
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Floki Price Soars 13% as Futures Trading Debuts on Kraken
Kraken, a US-based exchange, has introduced Perpetual Futures Trading for Floki (FLOKI), propelling its price upwards. This step has not only increased the trading possibilities but also given FLOKI the reputation of a mature asset in the digital currency world. Kraken Welcomes FLOKI to Futures Trading Kraken’s decision to introduce Perpetual Futures Trading for FLOKI The post Floki Price Soars 13% as Futures Trading Debuts on Kraken appeared first on CoinGape .
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