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Chip Somodevilla/Getty Images A prominent Democratic consulting firm is pinning its hopes on a new super PAC in the crypto industry. Now that these groups have set their sights on the Senate races in Ohio and Montana, a scenario that could destroy the Democratic majority, will consultants continue to ride the crypto gravy train? Political consulting is a mercenary business. It's no wonder that a major consulting firm wants a piece of the huge amount ($85 million as of January) that crypto companies and investors have poured into three affiliated super PACs. Still, it is unlikely that party leaders would…
March 20, 2024 11:35 AM | 2 minute read | Just a few days ago Bitcoin (CRYPTO:BTC) was basking in the glory of hitting an all-time high above $73,000.However, the winds of change are blowing through the crypto market, sending Bitcoin down about 13% to around $64,000.Enter to win $500 in stocks or cryptoEnter your email address to get Benzinga's Ultimate Morning Update, a free $30 gift card, and more.What caused this sudden drop and what does it mean for the future of Bitcoin?The dangers of excessive leverageAt the forefront of Bitcoin's recent price correction is the issue of overleverage…
Robinhood has expanded its cryptocurrency wallet service to Android users, increasing global adoption of digital assets and making trading easier. The launch comes a year after Robinhood's wallet became available to iOS users, moving it steadily toward enhancing accessibility and integrating cryptocurrencies into the everyday transactions of millions of people around the world. We are moving forward. The transition from beta to general release will allow individuals on the public waitlist to access Robinhood Wallet on their Android devices. Robinhood Crypto General Manager Johann Kerbrat said the Android launch is a major step in the company's continued efforts to democratize…
Disclaimer: This article is a sponsored press release and does not constitute editorial content on Finbold and is not monitored. Crypto assets and crypto products involve significant risks. Do not invest unless you are prepared to lose your entire investment. Please see our full disclaimer. In the ever-turbulent waters of the crypto market, there are some names that are making waves too big to ignore. His two giants in this space, Uniswap and Ripple, are rapidly growing in a way that captures the attention of all investors, while Tether is stoking the fires of demand like never before. But there's…
How to choose the best cryptocurrency credit cardChoosing the best crypto credit card can be very different from purchasing other types of credit cards. Here are some things to look out for to find the right one:card issuerIn most cases, crypto credit cards are issued in partnership with platforms that allow you to buy and sell cryptocurrencies. Also, it is usually only available to users of that platform. For example, if you need a Gemini Credit Card™, a Gemini account will be created once your card application is approved. This is something you don't have to consider with most of…
The burgeoning field of artificial intelligence (AI) has ignited investor enthusiasm, pushing coins associated with AI-focused crypto projects to unprecedented heights. As Reuters reported, the surge mirrors the trajectory of tech stocks such as Nvidia, driven by an insatiable appetite for applications such as machine learning.According to recent data from CoinGecko, the total market value of these AI-linked tokens has soared to a staggering $26.4 billion, up from $2.7 billion last April. Over the past year, these tokens have even outpaced Bitcoin's meteoric rise, posting gains of 145 percent to 297 percent in the past 30 days alone.Experts speculate that…
Bitwise CIO Matt Hogan said it would be good for cryptocurrencies if the SEC delayed approval of the Ethereum ETF until December.The comments came as market participants said the chances of approval in May were decreasing.Bitcoin ETFs have shattered expectations, with massive inflows of $12 billion in just a few months.One expert doubts that BlackRock may even withdraw its pending Ethereum ETF application.Hopes that the US will soon give the green light to an Ethereum exchange-traded fund are fading. And Bitwise's chief investment officer said that's a good thing.“Dear Wall Street, traditional financial institutions are just starting to embrace this…
Rising U.S. interest rates may well make investors think investing in U.S. bonds is a better choice at this time, but there are pros and cons to this approach.Economic theory suggests that one country has higher interest rates than another because of differences in inflation rates and economic stability. When one country has higher inflation than another (for example, Zimbabwe's inflation rate is almost 50% year-on-year), higher interest rates (Zimbabwe's 150%). Because there is a risk in lending money. Nevertheless, when comparing the US and Europe, which have relatively similar inflation data, one wonders why the Federal Reserve's interest rate…
TL;DR Bitcoin (BTC) has fallen below $61,000, but some Solana-based meme coins like Book of Memes (BOME) have made good profits. Another meme coin, Slerf (SLERF), skyrocketed in price before being involved in suspicious activity that caused the disappearance of $10 million of investors' funds. The correction in the cryptocurrency market has intensified over the past 24 hours, with Bitcoin (BTC) falling below $61,000 for the first time in two weeks. However, some Solana-based meme coins continue to buck the negative trends and make significant gains. One obvious example is Book of Meme (BOME), whose valuation briefly spiked 30% on…
Story highlights Monero live price $133.91478141. Monero price could reach a high of $307.654 by the end of 2024. XMR price could skyrocket and could reach $962.141 by the end of 2030. TThere are countless projects in cryptocurrency that employ P2P (peer-to-peer) technology. One such cryptocurrency is widely known and popular among users mainly due to its privacy-oriented features. That's Monero. Built on one of the most unique blockchains that makes transaction details anonymous. This is done by disguising the addresses used by participants. Additionally, unlike Bitcoin, mining Monero does not require additional high-end hardware. It can also be run…