News
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MetaWin Founder Unveils $ROCKY, A New Meme Coin on Base Network
- April 30, 2024
- Posted by: MasterAdmin
- Category: ZyCrypto
No CommentsA thrilling new meme coin, $ROCKY, has just made its grand entrance on the Base network. Skel.eth, the visionary founder behind MetaWin, successfully launched the coin last weekend. Fascinatingly, the coin bears the name of his Pomeranian companion, who goes by the moniker ROCKY.
In the remarkably short 30 hours since its launch, $ROCKY has achieved an impressive market cap of $4.6 million.…
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$435,000,000 Leaves Bitcoin and Ethereum ETPs As Institutions Eye Altcoins: CoinShares
- April 30, 2024
- Posted by: MasterAdmin
- Category: The Daily Hodl
Digital assets manager CoinShares says institutional investments in crypto products suffered their third consecutive week of outflows last week.
In its latest Digital Asset Fund Flows report, CoinShares says crypto investment products lost $435 million in outflows last week, the largest week of outflows since last month.
“Trading volumes in ETPs (exchange-traded products) fell to $11.8 billion last week compared to $18 billion the prior week, while Bitcoin prices fell by 6%.”…
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Microstrategy Boosts Bitcoin Holdings to 214,400 BTC With Latest Purchase
- April 30, 2024
- Posted by: MasterAdmin
- Category: Bitcoin.com
Microstrategy, the Nasdaq-listed software intelligence firm and “the world’s first bitcoin development company,” has disclosed that it now holds 214,400 bitcoins after the latest purchase. “We acquired 25,250 additional bitcoins since the end of the fourth quarter, our 14th consecutive quarter of adding more bitcoin to our balance sheet,” said the company’s chief financial officer. […]…
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KPMG Says Institutional Investors Looking to Crypto As ‘Debasement Hedge’ Amid Rising US National Debt
- April 30, 2024
- Posted by: MasterAdmin
- Category: The Daily Hodl
Big Four accounting firm KPMG says that investors are warming up to crypto as a way to hedge against the debasement of fiat currencies by central banks.
In a new report, KPMG looks at the Canadian market and says that in 2023, half of financial service providers polled in the country offered crypto asset services, up from 41% in 2021.…
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On-Chain Analyst Willy Woo Says Bitcoin Entering into ‘Crunch Time’ As Bearish Regime for BTC Subsides
- April 30, 2024
- Posted by: MasterAdmin
- Category: The Daily Hodl
On-chain analyst Willy Woo believes that a critical time is arriving for Bitcoin (BTC) as he says bearish momentum subsides.
Woo tells his 1.1 million followers on the social media platform X that key indicators suggest Bitcoin could soon see a bullish reversal.
“Summary: it’s crunch time. BTC needs to make a decision. Technical indicators point bearish. The majority of my fundamentals signals point bullish.…