North Carolina-based hedge fund manager Morgan Creek Digital intends to raise roughly $500 million for a new fund focused on investing in artificial intelligence (AI), blockchain technologies, chips, and data opportunities. According to a press release, Morgan Creek’s new fund will invest in early-stage companies that combine AI power with blockchain technology and the associated...Read More
Following the memecoin market’s recent plunge, cryptos like Shiba Inu (SHIB) continue to strive toward recovery. Its recent performance has resulted in new buying pressure for the token as top whales in the metaverse bet big on it. Meanwhile, ETFSwap (ETFS) prepares to enter the history books with its presale as it continues to set...Read More
Bitcoin and, by extension, cryptocurrencies have never been more relevant to voters than in the 2024 presidential election. A new poll funded by crypto-focused investment firm Paradigm showed that 13% of Republicans who originally did not intend to vote for Donald Trump had a more positive view of him after he reversed his previous stance...Read More
The upcoming United States elections scheduled for November could mark a significant turning point for the American crypto industry due to candidates’ opposing views on digital assets. Crypto exchange Coinbase believes crypto voters will make a big difference in the election’s key races, especially the presidential contest. The Effect on Battleground States According to a...Read More
The Shiba Inu (SHIB) community is buzzing with excitement and speculation over whispers of a potential Shiba Inu ETF. This rumour has ignited a surge of interest, with the burn rate for SHIB tokens skyrocketing by an impressive 4,000% in a single day. While the remarkable burn rate for SHIB has undoubtedly captured the attention...Read More
The total inflow to the ten U.S. spot Bitcoin ETFs reached $310 million, or 5,361 BTC, on Friday, July 12. This is the largest inflow to the derivatives products since June 5, according to Farside Investors. Moreover, it is the sixth consecutive day of positive flows, indicating that institutional investors have been buying the bottom...Read More
Bitcoin (BTC) is currently at a critical point that could determine whether its price will bottom out or decline further in a correction like that seen in the summer of 2021. While some metrics suggest that the leading crypto asset has reached the bottom of its latest correction, others signal that there could be more...Read More
Bitcoin is currently at $60,000 and attempting to reclaim the crucial range lows above the current levels. While there are positive signs, there is still more work to be done to confirm a sustained bullish trend. On Crypto Banter’s Kyle Doops Trading Show, the analyst presented a list of coins hitting key support levels, stressing...Read More
The global crypto trading volume is projected to surpass $108 trillion this year, reflecting an increase of nearly 90% compared to 2022, as reported by CoinWire. Europe has taken the lead in this growing market, representing 37.32% of total crypto transaction value, and is projected to see a 2.7-fold increase this year from 2022. Russia...Read More
