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Peterschreiber.media/iStock (via Getty Images) Investor bets on crypto-related stocks have soared this year, with MicroStrategy (NASDAQ:MSTR), the largest corporate holders of Bitcoin (BTC-USD) are at significant risk of a short squeeze, financial data provider S3 Partners LLC said this week. Bitcoin (BTC-USD) is the most popular cryptocurrency. It has soared more than 58% this year, joining the rally alongside other major digital tokens such as Ether (ETH-USD), Cardano (ADA-USD), Solana (Sol – US dollar), Dogecoin (Doge-USD). MicroStrategy (MSTR), Coinbase Global (Nasdaq:coin), and CleanSpark (NASDAQ:CLSK) also recorded significant gains. S3 Partners noted in a report on Monday that short interest in…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. While many cryptocurrencies thrive on hype and volatility, the Koala Coin (KLC) meme coin project is blazing a different path. By focusing on community and game-changing features, we offer a refreshing alternative to investors disillusioned with the speculative frenzy of other memes. The Koala Coin presale, currently in its first phase at $0.014, is proving the naysayers wrong. This unique opportunity garnered enthusiastic support from the Ethereum Classic (ETC) and Stellar (XLM) communities, causing a wave of FOMO. Embrace…
Almost all Bitcoin investors expect the price to continue rising as the cryptocurrency continues to trade. Price range around $70,000.On-chain data shows that much of this surge Accumulation by large whales. Bitcoin undoubtedly has many of these whale addresses holding hundreds of millions of dollars and with potentially market-moving trades. However, on-chain data further revealed that the accumulation trend is also flowing into the next group of traders. These traders, also known as “sharks,” are addresses that hold between 100 BTC and 1,000 BTC. According to Glassnode data, Shark wallet addresses have accumulated 268,441 BTC in the past 30 days,…
It's been over 15 years since Satoshi Nakamoto introduced Bitcoin to the world, and a lot has happened in that time. Dubbed a pyramid scheme, a rat poison (SQ), and declared dead hundreds of times, more than a dozen exchange-traded funds have grown to trillions of dollars in assets tracking the performance of the world's largest financial markets. More recently, it has been associated with the Internet penetration curve since 1997, which shows some deviations in its upward trajectory, but the overall trend is very encouraging. Google Trends data also shows that retail traders are gradually returning to the scene,…
The cryptocurrency market is undergoing a correction as many projects are starting to stabilize after recent market fluctuations. Amid market volatility, Fezoo has emerged as a shining light, leading the way to huge profits. Many investors have taken notice of this new coin and have already added Fezoo to their portfolios. As Ethereum and Litecoin investors join Fezoo, reinforcing the coin's existing huge profit prospects, we take a look at the market activity of these coins and what the potential of Fezoo looks like . Ethereum is starting to look bullish It appears that the Ethereum price correction that began…
Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Fezoo (FEZ) is attracting a lot of interest from ETH and LTC holders as it aims to surpass the likes of OKX. Something is happening with Litecoin and Ethereum, and their investor community is flocking to this special presale in droves. Some analysts have even suggested that the project could outperform large centralized exchanges (CEX) like OKX. The increased interest from professional investors begs the question: What exactly is it about Fezoo that is attracting so much attention? Litecoin…
Keynote video drives BlockDAG pre-sale to over $10 million amid rising STRUMP and Ethereum prices
See how BlockDAG's $10.8 million presale ushered in the transition to green cryptocurrencies and set a new standard for volatility in Ethereum and STRUMP tokens.Does the current state of the crypto market signal a shift towards more sustainable and environmentally friendly practices? Volatility and bearish and bullish trends in leading currencies such as Ethereum (ETH) price and dramatic swings in STRUMP tokens Amidst the ongoing debate between trends, new competitors are emerging.Today’s leading altcoin, BlockDAG, raised a staggering $10.8 million through a groundbreaking pre-sale, offering financial returns and a greener future. It introduces an optimized mechanism that significantly reduces blockchain's…
Consensys, the software company behind the MetaMask digital wallet, is calling on U.S. regulators to recognize the advanced safeguards inherent in the design of Ethereum (ETH). The Fort Worth, Texas-based company responded to the U.S. Securities and Exchange Commission's (SEC) recent request for public comment on Nasdaq's pending rule change application to allow trading in the iShares Ethereum Trust. wrote. In its letter, ConsenSys explained why regulatory concerns about Ethereum being susceptible to fraud and manipulation are unfounded. In our comment letter to the SEC regarding the approval of the ETH ETF, we stated, “We urge the Commission to recognize…
Consensys, the software behind MetaMask, has made a strong case to the Securities and Exchange Commission (SEC). They argue for the approval of a Spot Ether exchange-traded fund (ETF) and highlight Ethereum's superiority over Bitcoin in various aspects.In its interactions with the SEC, ConsenSys pointed to the robust security measures of Ethereum's proof-of-stake (PoS) mechanism. The company says its system not only matches but exceeds Bitcoin's proof-of-work (PoW) approach security framework. This is an important claim considering the existing Bitcoin-based ETFs that have received SEC approval.In our comment letter to the SEC regarding the approval of the ETH ETF, we…
Bitcoin price has risen more than 60% since the beginning of the year and has already surpassed its 2021 high of $69,050, hitting a new price of almost $74,000. What's most impressive about this milestone is that the latest peak came before the fourth-quarter halving for the first time in history. With only a month left until BTC production is cut in half, the number of bullish predictions continues to grow, with the latest one putting a $150,000 2024 price target on Morgan Creek. Mark Yusko, CEO and Chief Information Officer (CIO) of Capital Management. Is BTC this year $150,000?…