The explosive growth of cryptocurrencies over the past decade
Cryptocurrencies surged from 66 in 2013 to 8,886 in 2023. 2017 marked explosive growth, leading to 2,817 currencies. The market peaked at 7,557 in 2021, later consolidating to 8,886 in 2023. In the fast-paced world of finance and technology, the…
Celsius set to unlock $470M Ethereum for creditor repayments
Celsius, in bankruptcy since 2022, begins unstaking 206,300 ETH ($468.5M) for creditor distributions. Market speculates on a potential ETH “dump,†while some see Celsius’s move as relieving pressure on Ethereum. Earlier focused on Bitcoin mining post-bankruptcy, Celsius faces scrutiny for…
Cryptocurrency exchange BitMEX to launch Bitcoin on the moon
Bitcoin will soon be launched on the moon BitMEX, a cryptocurrency exchange, announced on the 5th that it plans to send Bitcoin (BTC) to the moon’s surface in cooperation with Astrobotic, an American space-related company, and has completed loading 1…
Ethereum’s Meteoric Rise: Analyst Sees Potential 786% Gain To $20,000 In 2024
Published by Benzinga Renowned crypto analyst CrediBULL Crypto has made bold predictions about Ethereum’s (CRYPTO: ETH) potential price surge in 2024. In a post on X on Friday, the analyst said that Ethereum could hit five figures in the coming…
Barron’s Weekend Stock Picks: Abercrombie & Fitch, Apple, Nvidia And IBM’s AI Play
Published by Benzinga Benzinga reviews this weekend’s top stories covered by Barron’s. Here are the articles investors need to read. In “How Abercrombie & Fitch Stock Went From Rags to Riches in 2023,” Sabrina Escobar writes that Abercrombie & Fitch…
Benzinga Bulls And Bears: Tesla, Apple, Amazon, Netflix, And Bitcoin Analysts Unleash Extreme 2024 Price Projections, Skyrocketing Up To $100,000
Published by Benzinga Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The three primary stock indices experienced their first week of losses in 10 weeks….
Analyst Slams Better Markets CEO, Who Said Bitcoin ETF Approval Would Be A ‘Historic Mistake’: ‘An Absolutely Criminal Move.’
Published by Benzinga Ahead of a critical decision by the U.S. Securities and Exchange Commission (SEC), Better Markets CEO Dennis M. Kelleher has raised concerns about the potential approval of a spot Bitcoin exchange-traded fund (ETF). What Happened: In a…
Mark Cuban Rewards Dallas Mavericks Employees With $35M Bonus Following Stake Sale
Published by Benzinga In the aftermath of selling his majority stake in the Dallas Mavericks, billionaire Mark Cuban has disclosed plans to distribute $35 million in bonuses to the team’s employees. What Happened: Cuban announced the hefty bonus distribution in…
Spot Bitcoin ETF Approval: Only 39% Of Experts Expect SEC Greenlight In 2024, Bitwise Survey Reveals
Published by Benzinga In a recent survey, only 39% of financial advisors expressed confidence that the U.S. Securities and Exchange Commission (SEC) will approve the spot Bitcoin ETF in 2024. What Happened: According to a study by Bitwise and VettaFi,…
South Korean regulators call for ban on purchasing crypto assets with credit cards | CoinDesk JAPAN
South Korea’s Financial Services Commission (FSC) has proposed banning the purchase of crypto assets (virtual currency) using credit cards. The reason cited is concern about “illegal outflow of domestic funds overseas.†In order to prevent fund outflows and money laundering,…