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Showing posts from July, 2024

Donald Trump’s 2024 Bitcoin Speech: $25M Raised, Market Shifts?

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The Donald Trump Bitcoin Conference sparked significant interest this weekend in Nashville, Tennessee. Former President Trump raised $25 million in one night, possibly affecting the cryptocurrency market. Also Read: Currency: Why Trump’s US Dollar Devaluation Plan Might Be A Bust? Trump’s Bitcoin Speech Impact on Crypto Source: Finbold Fundraising Success David Bailey, CEO of BTC Inc. and the conference organizer, confirmed the fundraising total to Breitbart News. Republican Senator Bill Hagerty, once Trump’s ambassador to Japan, played a key role in setting up the event. “President Trump’s speech was one of the clearest and strongest talks on Bitcoin and crypto I’ve ever heard from a political leader,” Hagerty told Breitbart News. “The mood throughout the conference was electric as a result.” Proposed Crypto Policies Senator Cynthia Lummis announced plans to introduce a bill for a strategic Bitcoin reserve. Her plan suggests that the U.S. government buy one million BTC over five yea

Bitcoin ETF or Ethereum ETF? We asked ChatGPT-4o which crypto ETF is a better buy for 2024

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In 2024, the United States Securities and Exchange Commission (SEC) approved the first crypto -related spot exchange-traded funds (ETFs) targeting Bitcoin (BTC) and Ethereum (ETH) Indeed, Bitcoin, as the flagship crypto ETF, has seen significant performance across the year, influencing the trajectory of the general market. On the other hand, Ethereum, the recently approved ETF, is still finding its footing in the market. With these two flagship products already out, investors might be torn regarding which ETF to consider. In this case, Finbold consulted OpenAI’s ChatGPT-4o to gather insights regarding which crypto ETF is worth investing in for 2024. Picks for you This is how much Marjorie Taylor Greene lost on her CrowdStrike bet 1 hour ago

BitClout founder Nader Al-Naji gifted his wife $1M from treasury: SEC

Nader Al-Naji, the founder of BitClout and Basis, is now the subject of a civil complaint from the United States Securities and Exchange Commission ( SEC ) that alleges that he raised more than $257 million in an unregistered SEC urity offering. He has also been charged with a criminal count of wire fraud in the Southern District of New York.  The SEC complaint focuses on the offering of BTCLT, the token for BitClout , which the SEC alleges is an unregistered SEC urity.  The SEC highlights that Al-Naji marketed BTCLT as an investment, even comparing it to a “stock that allows you to own a piece of the platform.” Additionally, he communicated with investors in a way that suggested investments would increase in value , noting to one investor that “our most valuable partners should in at the ground floor” because if it raised the funds it expected to then “the protocol price will easily be 4-8x what it is now.” A critic’s guide to BitClout, this cycle’s most hated Bitcoin proj

Book Of Meme Pumps Over 20% as Pepe Unchained ICO Raises $6M

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Book of Meme (BOME) is the highest-growing meme coin today, growing over 20% over the last 24 hours up to $0.01046. The Solana meme coin space is growing rapidly, and Pepe-inspired tokens are following suit, with the likes of Brett and Hoppy also up double digits over the day. The titular Pepe (PEPE) is also up almost 4%. With this interest mounting, investors are looking at a new utility-focused Pepe-inspired meme coin in Pepe Unchained, with many experts predicting over 10x returns on the token. Book Of Meme Spikes over 20% Topping Crypto Gainers Charts CoinMarketCap data puts BOME as the highest-growing cryptocurrency in the last 24 hours. Hitting a spike of over 20%, investor interest is extremely high with BOME’s daily trading volume growing 172.72% all the way up to $334,522,766. After spending most of the week on a d

Shiba Inu’s NVT Ratio Sees Drastic Increase, Is A Rise To $0.00003 Still Possible?

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The Shiba Inu (SHIB) network value to transactions (NVT) ratio has come into focus, with the meme coin currently enjoying an uptrend. However, this metric suggests that Shiba Inu could soon hit a roadblock on its journey to $0.00003.  Shiba Inu NVT Ratio Is On The Rise Data from the on-chain market intelligence platform Glassnode shows that Shiba Inu’s NVT has witnessed a massive increase and is currently way ahead of the meme coin’s price. This is significant as it presents a bearish outlook for Shiba Inu and hints at a potential price correction for the meme coin.  Related Reading This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC 2 days ago Source: Glassnode The NVT ratio isn’t the only metric that Shiba Inu investors should be concerned about. Data from the market intelligence platform IntoTheBlock shows that Shiba I

Bitcoin to the moon? Experts identify new all-time high

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Amid a positive sentiment triggered by former United States President Donald Trump expressing unwavering support for Bitcoin (BTC) at one of the largest cryptocurrency events in existence, the maiden crypto asset is eyeing to reclaim the $70,000 level, but it might not end there. As it happens, Bitcoin could hit a new all -time high (ATH) in the next few weeks, as observed by experts over at the crypto market analytics platform Bitcoinsensus, who identified a Wyckoff re-accumulation chart pattern looking “very promising,” according to an X post on July 29. In the experts’ words, “an all -time high seems inevitable in coming weeks” or, more specifically, by mid-September, but they also warned of a “potential for a pullback before reaching that peak,” demonstrating on a chart the possible future performance for the flagship decentralized finance (DeFi) asset. Picks for you

Altcoins Set to Make New Crypto Millionaires During the Summer Rally

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Prepare for a thrilling summer as select altcoins show promise to mint new crypto millionaires. With the market heating up, several under-the-radar digital currencies are on the verge of explosive growth. This article unveils the top contenders poised to skyrocket, offering potential windfalls for savvy investors. Dive in to discover which tokens are set to shine. CYBRO Presale Exceeds $1.4 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $1.4 million . This next-generation DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. Experts predict a potential ROI of 1200% , with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In another exciting upda

Analyst sets Bitcoin’s timeline to surpass $80,000; ‘It will go fast’

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Recent technical indicators suggest that if Bitcoin (BTC) maintains its current rally, the maiden crypto will be in line to clinch a record high above $80,000. Notably, insights shared in an X post on July 26 by Stockmoney Lizards detailed a roadmap for Bitcoin’s price movement, predicting a rapid ascent once specific market conditions are met. According to the analyst, Bitcoin has successfully retested the neckline at $63,500 as of late July, affirming a bullish short-term direction. The analyst pointed out that this successful retest confirms a solid support level, setting the stage for upward momentum. Picks for you Bitcoin or Monero? We asked ChatGPT-4o which is the best buy for this bull market cycle 3 hours ago Buy signal for two st

Top Trending Cryptos on Solana Chain Today – rLoop, Fold, Axial Token

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Bitcoin rallies back to the $67 level as the crypto market experiences the first day of the Bitcoin conference. The presence of the former president of the United States, Donald Trump, at the event generated mixed feelings in the market, with many anticipating a major price movement in the crypto market ahead of the weekend.  Besides the price movement of the giant cryptocurrency, the crypto market is also seeing emerging trends in the Solana network, particularly the top trending cryptocurrencies on the Solana chain .  As the price of SOL moves towards past ATH, investors are taking positions in top performing assets on the chain to ride the profitable wave.  Top Trending Cryptos on Solana Chain And regarding profit, some of the most profitable crypto assets of the bull market so far have been assets that came into the market through presale offerings. Thus, today’s post covers the top trending crypto presale token at the moment, Mega Dice. The team has raised over a million dollar