Crypto News

In a major shift within the financial industry, Fidelity Investments recommends adding crypto to traditional portfolios The Evolution of Portfolio Management In a move that has sent shockwaves through the financial industry, Fidelity Investments, with its massive $12.6 trillion in assets under administration, has proposed a significant change to the traditional 60/40 portfolio model. The…

BlackRock’s IBIT leads with record $520 million inflow, 3rd best day since launch The Bitcoin ETFs Experience Surging Inflows The Bitcoin ETFs are experiencing an impressive surge, with BitMEX data revealing the third-largest day of net inflows. The total net inflows hit around $577 million, which is the equivalent of roughly 10,168 BTC. Following the…

Pepe Coin Surges by Nearly 140% in Weekly Timescale The Rise of Pepe Coin Pepe Coin, the meme-inspired cryptocurrency, just doesn’t run out of surprises, skyrocketing by nearly 140% in the weekly timescale. This remarkable comeback has not only caught the attention of cryptocurrency enthusiasts but has also ignited renewed interest in meme coins as…

Bitcoin Price Passes $56,500 – How High Will BTC Reach as Bitcoin Minetrix ICO Nears $11.5M Riding the Crypto Rollercoaster Well, well, well, looks like Bitcoin is on a wild ride again! The price of the world’s leading cryptocurrency has skyrocketed to over $56,500, giving holders a reason to celebrate. It’s been a rollercoaster of…

Kraken Vs. SEC Lawsuit Update: Chamber of Digital Commerce Supports Kraken, Files Amicus Brief Against SEC Overreach Introduction Witty, conversational, and delightfully offbeat, the ongoing legal battle between crypto exchange Kraken and the U.S. Securities and Exchange Commission (SEC) has taken an interesting turn. The Chamber of Digital Commerce (CDC) has recently stepped into the…

BlackRock’s Bitcoin ETF Sets New Record Trading Volume: Will Crypto Trading Reach New Heights? BlackRock’s spot Bitcoin ETF achieved a trading volume of $1.3 billion for the second consecutive day Key takeaways: Bitcoin has been performing exceptionally well since the beginning of the week, with BlackRock’s spot Bitcoin ETF leading the charge. The ETF achieved…

Floki Inu Receives $10 Million Investment from DWF Labs In a significant development for the Floki Inu memecoin, digital asset market maker investment firm DWF Labs has revealed its plans to purchase $10 million worth of FLOKI tokens. The announcement has triggered a remarkable surge in the token’s price, propelling it to a new 9-month…

Polygon Whale Deposits $13.7M Worth of MATIC to Binance Introduction On-chain data shows a Polygon whale has made a sizeable deposit to the cryptocurrency exchange Binance, a sign that may be bearish for MATIC. According to data from the cryptocurrency transaction tracker service Whale Alert, a massive MATIC transaction has been spotted on the blockchain…