Bitcoin’s Surge Creates Around 1,500 Millionaire Wallets Daily
Bitcoin’s recent surge to new all-time highs is creating a fresh wave of crypto millionaires, with around 1,500 wallets joining the seven-figure club each day.
Cryptocurrency
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XRP Jumps 20% Amid Binance Transfers as Crypto Rally Broadens
Ripple’s XRP token jumped over 20% on Monday, fueled by large transfers worth millions of XRP from the crypto exchange Binance, as the broader crypto rally extends to previously lagging assets.
BRICS Nations Collaborate on Innovative Blockchain Payment Solution
The BRICS nations (Brazil, Russia, India, China, and South Africa) are collaborating on developing a blockchain-based payment system to facilitate trade settlements among members. This initiative aims to reduce reliance on the U.S. dollar and promote de-dollarization in international transactions.
XRP Squeeze, Ethereum’s $4,000 Test, Bitcoin’s $70,000 Barrier
This article analyzes the current technical setup of three major cryptocurrencies: XRP’s consolidation around its moving averages, Ethereum’s approach towards the $4,000 resistance level, and Bitcoin’s struggle to breach the $70,000 mark.
BlackRock’s Bitcoin ETF Hits $1 Billion in Assets Under Management
BlackRock’s Bitcoin exchange-traded fund (ETF), IBIT, has reached a significant milestone by amassing over $1 billion in assets under management. This achievement highlights the increasing interest and adoption of digital assets within traditional investment circles.
Elon Musk’s Tesla and SpaceX Revealed to Hold $1.3 Billion Bitcoin Stash
A new report by Arkham Intelligence has uncovered that Elon Musk’s companies, Tesla and SpaceX, collectively hold around $1.3 billion worth of Bitcoin, significantly more than previously estimated.
Spain Suspends Worldcoin’s Data Collection Over Privacy Concerns
The Spanish data protection regulator, AEPD, has ordered Worldcoin to halt the collection and processing of personal data in the country for three months due to numerous privacy concerns. This move marks another setback for the controversial crypto project.
Bakkt Secures $37.6M Capital Injection to Fuel Turnaround Efforts
Crypto infrastructure firm Bakkt has completed a $37.6 million securities purchase agreement, providing a much-needed cash infusion to support its turnaround efforts and drive profitability after warning investors of a cash crunch last month.
XRP Rallies on Rebounding Crypto Demand and SEC Scrutiny
XRP gained 3.34% on Wednesday, partially reversing Tuesday’s losses, as demand for Bitcoin and the broader crypto market rebounded, aided by positive comments from Fed Chair Powell and increasing scrutiny over the SEC’s actions in crypto-related cases.
Bitcoin Poised for Rapid Price Surge to $138,000
According to Anthony Pompliano, the founder of Pomp Investments, Bitcoin (BTC) could double in price to $138,000 within the next few weeks, following a years-long bull trend and the asset’s recent break of its previous all-time high of $69,000.