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Today’s Crypto News
Gain insight into the latest news in the cryptocurrency industry and make decisions faster and more accurately
Articles Videos-
2024
Mar / 24
- Hudson Valley Investment Advisors Ups Stake in Weyerhaeuser by 91.2%
- Mar 24, 2024 at 07:03 pm
- Hudson Valley Investment Advisors made a bold move by increasing their stake in Weyerhaeuser. The firm now holds 248,317 shares of WY, making them the stock's 24th largest shareholder with a stake valued at around $8 million. This significant play showcases Hudson Valley's confidence in the real estate investment trust (REIT) space.
- Hudson Valley Investment Advisors Sells Off Salesforce Holdings
- Mar 24, 2024 at 07:03 pm
- Hudson Valley Investment Advisors Inc. ADV lowered its holdings in Salesforce, Inc. (CRM) by 12.3% during the fourth quarter. The institutional investor owned 23,429 shares of CRM after selling 3,298 shares, with holdings valued at $6,112,000. Other institutional investors also adjusted their positions in CRM during the quarter, with Prentice Wealth Management LLC, Westside Investment Management Inc., Enterprise Bank & Trust Co, Fort Point Capital Partners LLC, and Seven Springs Wealth Group LLC all making notable changes to their holdings.
- Crypto Warning: Tokens Vanishing, Prices Skyrocketing
- Mar 24, 2024 at 07:01 pm
- Scorpion Casino (SCORP), Cardano (ADA), and Litecoin (LTC) are promising staking options for passive income. SCORP combines online gambling with staking, offering daily USDT rewards and governance participation. ADA is known for its scalability and PoS consensus mechanism, providing staking rewards for validating transactions. LTC, often called "digital silver," offers staking opportunities with its proof-of-stake with coin age mechanism.
- XRP Ledger Faces Liquidity Crisis as AMM Pools Malfunction
- Mar 24, 2024 at 07:01 pm
- RippleX, the development arm of Ripple, has disclosed a technical glitch impacting certain Automated Market Maker (AMM) pools on the XRP Ledger. This issue has caused incorrect transaction processing, leading to concerns about pool functionality and liquidity. RippleX has acknowledged the issue and is working with the community to find a solution.
- UK Mulls Embrace of Bitcoin ETFs as Industry Giants Push for Access
- Mar 24, 2024 at 07:01 pm
- The UK's Bitcoin exchange-traded funds (ETFs) debate has reignited, with industry leaders calling for wider access for investors. Bivu Das, Managing Director of Kraken UK, believes Bitcoin ETFs offer a fundamental for establishing the UK as a crypto hub. However, the FCA remains cautious, having banned the retail sale of crypto-derivative products in 2021. Despite this, there are signs the FCA might be inching towards a more accommodating stance, recently approving the launch of crypto ETNs for institutional investors. Coinbase UK CEO Daniel Seifert echoes Das' sentiment, believing consumers deserve more options with ETFs. The FCA faces a delicate balancing act, fostering innovation while protecting retail investors. The growing global acceptance of Bitcoin ETFs and increasing investor demand could put pressure on the FCA to revisit its stance, potentially leading to a more open regulatory environment.
- Bitcoin Halving: A Game-Changer for Miners and Cross-Chain Connectivity
- Mar 24, 2024 at 07:01 pm
- Bitcoin halving is a gamechanger event that occurs every four years, cutting miners' rewards in half. This impacts their income as they verify transactions on the Bitcoin network. The halving affects miners' profitability due to the rising mining costs and decreased connectivity across the blockchain.
- Whale Movements Hint at Market Turbulence Ahead
- Mar 24, 2024 at 07:01 pm
- Recent whale movements in the Bitcoin market hint at potential turbulence ahead. Dormant whale wallets suddenly stirring have sparked speculation among analysts. This surge in activity, the largest in over two years, could signal increased price volatility. Thousands of Bitcoin wallets have become active, with coins changing hands from long-dormant whales. The market is closely watching these movements as a possible precursor to market upheaval.
- Borroe Finance Soars Amid Altcoin Uncertainty, Poised for Exponential Growth
- Mar 24, 2024 at 07:00 pm
- Borroe Finance ($ROE) is projected to experience exponential gains, outperforming Celestia (TIA) and Algorand (ALGO). Borroe Finance's presale has raised $3.4 million, highlighting its potential as a DeFi fundraising platform. Early investors have already realized a 100% ROI, and the final presale phase offers an opportunity to acquire $ROE at $0.025 before its exchange listing at $0.025.
- Ethereum Soars: $8,000 by Year-End, $14,000 by 2025
- Mar 24, 2024 at 07:00 pm
- Standard Chartered predicts Ethereum's price will soar to $8,000 by year-end and $14,000 by 2025. This bullish outlook is fueled by the rise of Ethereum spot ETFs, making it easier for investors to access ETH without holding the asset. The influx of institutional money through ETFs is expected to drive demand and push Ethereum's value to new heights.
- Bitcoin's Investment Potential: Still a Viable Option?
- Mar 24, 2024 at 07:00 pm
- Bitcoin remains a viable investment option despite its volatility. With its potential for long-term growth driven by supply and demand dynamics, it has proven to be a valuable asset. As a decentralized currency with a limited supply, Bitcoin offers a unique value proposition in the emerging blockchain ecosystem. Investors looking for a stable yet profitable investment may find Bitcoin to be a viable option with strong potential for future gains.
- Proof of Talk 2024: The Davos of Web3 Returns to Paris
- Mar 24, 2024 at 07:00 pm
- Proof of Talk 2024 returns to Paris, aiming to recapture the magic of Davos in the Web3 world. Scheduled for June 10-11 at the Museum of Decorative Arts, this summit will gather thought leaders and investors to shape the future of blockchain.
- Ethereum Classic Soars, Borroe Finance and BlockDAG Lead Presale Frenzy
- Mar 24, 2024 at 07:00 pm
- In April's presale frenzy, BlockDAG and Borroe Finance are making waves. Ethereum Classic (ETC) has seen a 17.82% price increase and a soaring market cap, while Borroe Finance is disrupting Web3 with an AI-driven marketplace. BlockDAG, the presale heavyweight, has raised $7.6 million with its X-series mining rigs and is offering a $2 million giveaway. These developments signal a promising future for crypto as smart investors seek opportunities in these exciting projects.
- AVAX Holders Migrate to Shiba Budz Amidst Price Declines
- Mar 24, 2024 at 06:59 pm
- Amidst a decline in Avalanche (AVAX) price, holders are migrating to Shiba Budz (BUDZ), a new meme coin. This shift reflects investors' search for alternative growth opportunities, the appeal of BUDZ's potential returns, and its perception as a hedge against further AVAX price downturns. The trend highlights broader crypto market dynamics where investors are exploring new projects and meme coins with high return potential.
- FLOKI and PEPE Tumble, RECQ Shines as Market Reevaluates Meme Coins
- Mar 24, 2024 at 06:58 pm
- Amidst market fluctuations, Rebel Satoshi's RECQ token presale has captured investor attention with its projected 525% ROI. Conversely, FLOKI and PEPE have experienced price declines, with FLOKI losing 31% in a week due to profit-taking after Bitcoin's ATH. Despite the dip, experts anticipate a potential rebound for FLOKI, while PEPE is also expected to gain traction by month's end.