In a recent letter, Jimmy Patronis, Florida’s CFO, requested that Bitcoin and other digital assets be considered part of the state’s pension fund. It addressed Chris Spencer, the Executive Director of the Florida State Board of Administration. Moreover, the letter emphasized Florida’s position as a leader in economic growth, persuading
October 30, 2024 2 mins read
Crypto.com has significantly grown digital asset trading in 2024, surpassing Coinbase Global Inc. in trading volumes across North America. The firm recorded a monthly spot trading volume of $134 billion in September. This marks a significant surge from $34 billion in July, nearly a fourfold rise in two months. Collectively,
October 29, 2024 1 min read
Despite the negative turns over the past few days, the broader crypto market has experienced a strong bullish recovery in the past few hours. Bitcoin has pushed certain altcoins up along with its $71K breakout. However, the price of Cardano (ADA) exhibits a notable 2.42% spike over the day. Analysts
October 29, 2024 2 mins read
As November prepares to make its entrance, the crypto market breaks and recovers from the bearish pressure. The trading day opened with the market exhibiting a 4.68% surge in market cap, reaching $2.4 trillion over the last day. Notably, the largest cryptocurrency, Bitcoin, has broken above $71K. The largest altcoin,
October 29, 2024 2 mins read
The co-founder of MicroStrategy, Michael Saylor has transformed the firm’s financial approach by making Bitcoin at the core of its asset strategy. Saylor turned to Bitcoin, describing it as the “digital gold.” In August 2020, MicroStrategy made its first Bitcoin purchase, acquiring 21,454 Bitcoin for $250 million, citing the potential
October 28, 2024 2 mins read
As the cryptocurrency market begins to signal recovery, it anticipates the next incoming bull run. Eventually, the market attention has turned toward meme coins like Floki, Shiba Inu, and Pepe. Some crypto analysts suggest the assets could surpass Dogecoin’s dominance. With a notable 16% decline in the last 24 hours,
October 28, 2024 3 mins read
The major cryptocurrency, Bitcoin (BTC) has been fluctuating between $69K-$65K for the past few days. Certain tokens have lost and regained their momentum. Meanwhile, Chainlink’s price has sustained its price above the $11 mark. Notably, LINK has recently broken through critical resistance at the $11.70 range. This resurgence comes with
October 25, 2024 2 mins read
XRP has wrestled to regain its bullish momentum over the past few weeks. The asset failed to cross the crucial $0.55 resistance mark. In addition, Ripple Labs has been involved in a lengthy lawsuit with the SEC, but recent developments have rekindled community interest. Analysts are expecting a notable shift
October 25, 2024 2 mins read
Ethereum Layer 2 (L2) scaling solution Base is launching fault proofs on its mainnet on October 30, 2024. This upgrade aims to decentralize by enabling permissionless validation and improving security for users on the network. Base stated: Fault proofs are coming to Base Mainnet on October 30th, marking a key
October 24, 2024 2 mins read
Bitcoin’s crucial resistance levels are tested to confirm a bullish trend. To accomplish this, BTC needs to surpass the $70K mark. The asset has shown resilience in recent days, with the bulls eyeing higher targets. The technical indicators suggest Bitcoin’s bullish momentum despite a brief downside correction. Moreover, the daily
October 24, 2024 2 mins read
