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If you invested $1,000 in Bitcoin when Tesla bought the leading cryptocurrency, here's how much you'd have today
Major cryptocurrencies Bitcoin BTC/USD It reached a new all-time high in March 2024, and there is a possibility that it will head for even higher prices in the run-up to the 2024 presidential election. Let's look back at the purchase of virtual currency by. tesla company TSLA And how much could investors have made by following the electric car companies' lead? what happened: meanwhile micro strategy Tesla may have led the way by adding Bitcoin to its balance sheet and holding the major cryptocurrency since 2020, but the purchases made in January 2021 were disclosed to investors in February 2021.…
On Wednesday, video game developer FractureLabs filed a lawsuit against cryptocurrency market maker Jump Trading. The lawsuit, reported by Bloomberg, accuses Jump of “fraud and deception” in connection with manipulating the price of DIO tokens, which are an integral part of FractureLabs' online game Decimated. DIO token surge and collapse of complaint The details state that FractureLabs intended to raise funds in 2021 through an initial offering of DIO tokens on the Huobi exchange, which was renamed HTX. As part of this project, FractureLabs has engaged Jump Trading as a market maker for the DIO token. The deal included a…
Ethereum price crashes often follow peaks in ETH open interest — will history repeat itself? — TradingView News
ether ETHUSD Although it rose 8.8% between October 14 and October 15, the $2,650 resistance level proved more difficult than expected. Traders are increasingly concerned that Ether's total futures open interest reached a record high on October 16th, which could be a red flag. This spike in demand for leveraged ETH positions typically precedes a severe price correction. On October 15th, the total accessible Ether futures market exceeded 5 million ETH for the first time, an increase of 12% from four weeks ago. The last time Ether's total open interest peaked on August 2nd, the price of Ether plummeted 31.7%…
Venture capitalist Arthur Chong believes the decentralized finance (DeFi) sector is in the midst of a “renaissance.” The CEO of DeFiance Capital told his 177,800 followers on social media platform X that both internal infrastructure improvements and external macroeconomic developments are driving DeFi's resurgence. “With changes in global interest rates, risk assets such as cryptocurrencies, including DeFi, are becoming more attractive for investors seeking higher returns. The Federal Reserve's 50 basis point interest rate cut in September sets the stage for a period of low interest rates similar to the environment that fueled the crypto bull markets of 2017 and…
Discover 3 bargain coins that could explode 50x in value, according to Ethereum gurus. With the potential for another explosive turnaround in the crypto market, investors can weigh their options by comparing the performance of tokens and performing technical analysis to decide which is best to invest in. There is. Ethereum guru is backing crypto investors by offering up to 50% in three bargain coins: World Coin (WLD), Phantom (FTM), and the latest crypto gem, Intel Market (INTL). He pointed out that the price could double. Peter Brandt highlights the possibility of a bullish breakout in Ethereum (ETH) Over the…
Major players in the cryptocurrency industry are doing well, benefiting from a sector-wide rally that has pushed Bitcoin prices near all-time highs. So far this month, Coinbase stock is up about 27%, rising from $165 to $210. Coinbase stock typically rises with the Bitcoin price, so it serves as a proxy for the broader cryptocurrency market. Bitcoin rose 15% after falling below $60,000 during the first half of the “Uptober” period, nicknamed for Bitcoin's historically fruitful months. The overall crypto market is up 4% since October 1, while the S&P 500 is up 2%, according to the Coindesk 20 Index.…
A trader who bought $5,500 of Solana Meme Coin saw his position explode to a value of more than $1.5 million in less than a week, and he has already cashed out $1.1 million of that amount.Traders were early buyers goat seus maximus (goat), soared 76,480%, reaching a peak market cap of nearly $290 million. Created via pump fanThe Solana token has seen a meteoric rise since its launch just six days ago. GOAT was invented bytrue terminal” is a Twitter-based AI chatbot that uses Meta's Llama 3.1 model. Created in June, the AI account took just one month to…
News code – It has soared to $2,684 but is now facing potential selling pressure.An increase in foreign exchange deposits suggests profit taking and possible price correction. Buoyed by a bullish wave over the past week, Ethereum soared to a 16-day high of $2,684, up 8%. This rally mirrors Bitcoin's recent rally above $68,000, pushing Ethereum to all-time highs. However, as of today, Ethereum has pulled back slightly and is trading at $2,623, showing new signs of possible downside risk. On Monday, Ethereum broke through the major resistance level at $2,579, causing older and long-dormant coins to re-enter the market.…
Is this the best crypto wallet of 2025? We reviewed the main features of Plus Wallet! Plus Wallet brings a new approach to managing your digital assets by combining ease of use, robust security, and a rewarding experience. This wallet is designed for both new and experienced crypto investors, supports a wide range of cryptocurrencies, and offers seamless cross-chain transactions.Plus Wallet sets itself apart in the cryptocurrency wallet space with unique features such as a quick coin list and easy rewards program. But is Plus Wallet the best crypto wallet for 2025? Let's take a closer look at its features.1.…
New data from market intelligence firm CryptoQuant reveals that new Bitcoin (BTC) wallets now account for a staggering 9.3% of the crypto tycoon's total supply. In a thread on social media platform New whale wallets are defined as having an average coin issue date of less than 155 days. “The new Whale wallets currently hold 1.97 million Bitcoins. Each holding is over 1,000 BTC, and the average shelf life of coins is less than 155 days, excluding exchange and miner wallets. Their BTC balance has surged 813% year-to-date, accounting for 9.3% of total supply and being worth $132 billion today.”…