Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Bitcoin whale activity surges as Germany offloads 1,700 BTC from its $3.24B stash. Despite this, whales like @MicroStrategy buy aggressively, adding 11,931 BTC. The tug-of-war impacts Bitcoin’s price. #Update $BTC
Pendle token surged 25% as @CryptoHayes invested $500K. Pendle’s TVL hits $6.9B, now the 5th largest DeFi network. Offering up to 25% yields, it attracts 27,686 holders. Hayes’ move boosts market confidence. #CryptoNews
Bitwise CEO Hunter Horsley hints at a major $ETH spot ETF announcement by July 4. With a $2.5M seed investment and Pantera’s $100M interest, experts see potential SEC approval, driving ETH above $3,500. #Update #Ethereum #CryptoNews
Montenegro PM Milojo Spajić invested $75K in Terraform Labs in 2018, buying 750,000 Terra Classic ($LUNC) tokens at $0.1 each. These peaked at $119 in 2022 before crashing to zero, potentially costing Spajić $90M. He claims the investment was through Das Capital SG. #CryptoNews
Yield App’s Angel Launchpad democratizes crypto investment with secure, low-barrier access starting at $100. With rigorous due diligence and no hacks, it offers higher allocation amounts and broad participation. #CryptoInvestment #Update
The Sandbox invests in six memecoins, including $DOGE and $SHIB, to boost crypto communities and expand its Web3 presence. This move, aligned with DWF Labs’ strategies, aims to enhance user engagement and creativity in the metaverse. #Crypto #Update
The @SECGov is set to approve Spot Ethereum ETFs by July 2, following regulatory clarity and market interest. Companies like Bitwise have updated filings to meet SEC standards. Approval could enhance investor confidence. #Ethereum #Update
Bitcoin struggles to regain momentum with $700M outflows from U.S. Spot ETFs in 4 days. Meanwhile, Ethereum surges 4% post-SEC investigation conclusion. Bitcoin trades at $65,300; $ETH at $3,560. Analysts optimistic for late 2024 peaks. #Update
Pantera Capital aims to raise $1B for a new fund, allocating $200M for AI investments. The first closure is expected in 2025. This move highlights AI’s future integration and combines it with blockchain tech. #AI #Blockchain #Update
At BTC Prague, @CryptoSlate’s James Van Straten interviewed @Tether_to CEO Paolo Ardoino on Tether’s 2022 resilience amid industry challenges, $USDT liquidity, and prudent 2023 strategy with US Treasury bills. Emphasis on transparency and stability remains strong. #Update
US spot Bitcoin ETFs experienced a $152.42M outflow on June 18, 2024, marking the fourth day of withdrawals totaling $714.5M. Fidelity’s $FBTC led with $83M outflow, followed by $GBTC at $62M. Analysts warn potential Bitcoin price drops. #Update #Bitcoin #CryptoMarket
Bitwise updates its S-1 for an Ethereum ETF after SEC feedback. With a $2.5M seed investment and Pantera Capital’s interest in $100M shares, the SEC’s recent approvals mark significant progress. Market sentiment remains mixed. #CryptoETF $ETH
Bitcoin ($BTC) could peak by Dec 2024 or Oct 2025, says analyst Ali Martinez. @JackMallers forecasts $BTC hitting $250K-$1M in 10-18 months. Bernstein predicts $200K by 2025 and $1M by 2033 despite current downtrend. #Update
Hashdex and Nasdaq have filed for the first dual #Bitcoin and #Ethereum spot ETF, aiming to directly hold both assets. SEC approval deadline is March 2025. #Updates
