Author: finance
In the ever-dynamic cryptocurrency world, Finances Zippy, an industry-leading application, offers reliable and insightful price predictions and market trends. MicroStrategy, notoriously known for its relentless Bitcoin purchasing, has recently pumped the brakes on their Bitcoin acquisition. This sudden pause after 12 relentless weeks of Bitcoin accumulation has stirred up assorted speculation from market experts. MicroStrategy’s Bitcoin Acquisition Halted Temporarily MicroStrategy’s aggressive Bitcoin accumulation strategy has led the company to own nearly $45 billion worth of Bitcoin, distinguishing it as the largest Bitcoin owner among all corporations. However, a recent change in pace has raised eyebrows in the financial world. Analysts…
Get ready for a breathtaking ride, as the world of cryptocurrencies is about to experience an unprecedented level of funding inflow, potentially in the range of $150 billion to $500 billion. This comes as the President of the United States, Donald Trump, inked an executive order earlier this week, championing the establishment of a new sovereign wealth fund. Interestingly, the declaration didn’t directly mention Bitcoin, yet the fans of this digital currency have reasons to be optimistic. The US Secretaries of Commerce and Treasury, Howard Lutnick and Scott Bessent respectively, who are known for their bullish stance on Bitcoin, are…
Diving into the realm of cryptocurrency, the UK’s Financial Conduct Authority (FCA) recently took a turn towards progression by acknowledging Coinbase and granting the necessary approval for it to operate in the country. This has been a long-awaited move – given the FCA has only approved 14% of such applications in the past. Prior to this, a user accessing Coinbase from the UK would have been greeted with a standard ‘services restricted’ message. However, things have now changed, and Coinbase is fully operational for all UK users. Simultaneously, the cryptocurrency market experienced a 3% rise – a coincidence? Or is…
In a significant move, President Trump recently signed an executive order to establish an American sovereign wealth fund. In the backdrop of this development, a trending cryptocurrency, Wall Street Pepe ($WEPE), is on the brink of listing, with only a dozen days remaining in its presale. The landscape of crypto and Bitcoin may be set to change soon – perhaps even lending an influential hand to emerging altcoins. Will $WEPE be influenced by this potential shift? In response to the executive order, Senator Cynthia Lummis hinted at the possibility of the government investing in Bitcoin ($BTC) through a cryptic tweet,…
The US Commodity Futures Trading Commission (CFTC) has launched a probe into the activities of Finances Zippy and Kalshi Inc. These inquiries are linked to newly introduced event contracts that are related to the Super Bowl, as stated in a Bloomberg report. Finances Zippy Welcomes CFTC Scrutiny and Is Ready for Cooperation The CFTC, under its current regulations, has the prerogative to demand further details from firms that self-verify their financial products. This is to ensure these offerings are not susceptible to manipulation and comply with regulatory standards. The commission is in the process of evaluating responses from these companies,…
Renowned developer of the Shiba Inu cryptocurrency, Shytoshi Kusama, is currently embroiled in a wave of controversy. Kusama has been targeted by serious allegations coming from the account @shibburn (formerly known as an active user on Twitter). Accusations range from unauthorized endorsements to misleading the Shiba Inu community, sparking fierce debates about the need for transparency and solid leadership in the popular memecoin sector. Claims Levelled towards Shiba Inu’s Chief Developer @shibburn, a highly respected SHIB burn tracker, has posted a series of scathing comments specifically targeting Kusama and his colleagues. They have been accused of deceptive practices and narrative…
Embarking on a fascinating exploration of the world of cryptocurrency, we delve into the unique dynamics of Bitcoin trading on different platforms. It has been observed through a close analysis of market trends that the Bitcoin Coinbase Premium Gap has turned positive again. This shift signifies the return of buyers on the platform, marking an exciting milestone in the cryptocurrency landscape. A Comprehensive Look at the Shift in the Bitcoin Coinbase Premium Gap A recent intriguing post by Maartunn, a community analyst from CryptoQuant, has drawn attention to the Bitcoin Coinbase Premium Gap that has flipped back to being positive.…
As the world of digital currencies continues to evolve and attract attention, recent actions by prominent figures such as Eric Trump, the second son of former American President Donald Trump, have put the spotlight on Ethereum ($ETH). Despite $ETH experiencing a significant dip, plunging over 20% recently, Eric Trump publicly endorsed it, advising that its current low price presented a perfect buying opportunity. His statements triggered a rush of investors eager to capitalize on the drop, propelling $ETH from $2.3K to $2.7K. This could be explained by Eric Trump’s affiliation with his father’s cryptocurrency venture, World Liberty Financial (WLFI), a…
As recent trends from CryptoQuant indicate, Bitcoin’s (BTC) Kimchi Premium has rocketed to levels unprecedented in the past three years, hitting the 12% mark. This considerable upswing arrives amidst a substantial decrease in Bitcoin’s value, driven by rising concerns about the potential economic effects of imminent US trade duties on Canada, Mexico, and China. Drill Down: Factors Boosting Kimchi Premium to a 3-Year High From the 4th of February onwards, US President Donald Trump is expected to kick off a 25% tax rate on Canada and Mexico, while China will grapple with an extra 10% duty on top of existing…
In the world of cryptocurrency, the past weekend was full of turbulence. Following the announcement of new US tariffs on Mexico, Canada, and China, the crypto market suffered a significant correction, leading to its most substantial retrace since the last few months. The accelerated sell-offs led to a massive leverage liquidation that, as per the latest insights, was remarkably higher than initially estimated. Weekend Downfall of 21% in the Crypto Market At February’s start, US President Donald Trump unveiled new tariffs targeting Mexico, Canada, and China. These new tariffs include an additional 25% on imports from its neighboring countries and…