Posts

Best Crypto to Buy Now January 25 – Xai, Bittensor, Maker

Image
‘What is the best crypto to buy right now?’ is a common question asked by investors – in this article, we explore a range of tokens to watch. With thousands of cryptocurrencies in the market, selecting the ideal token for investment can be overwhelming. To help investors get their bearings, Insidebitcoins carefully selects the best cryptocurrencies to buy based on their market capitalization or total value. This curation aims to empower investors with the information needed to make well-informed decisions in the crypto market. Best Crypto to Buy Now This article highlights the most promising cryptocurrencies that have stood out in terms of current market values. It highlights Bittensor’s notable strides in the market and analyzes XAI integration with Thirdweb. Furthermore, the reason behind Maker’s recent upsurge is explained.  1. Bittensor (TAO)  Bittensor (TAO) has made notable strides, positioning itself as a leading player. Moreover, TAO...

Donald Trump Holds $1 Million In TRUMP Meme Coin After 15,000% Gain

Former US President Donald Trump now holds $1 million of the MAGA (TRUMP) meme coin after a staggering 15,000% price gain. The Republican presidential aspirant received $7.1K worth of TRUMP meme coin from the developers last year. On August 19, he received the first batch of 469,000 TRUMP worth $5,600 at the time. In October, he received additional tokens valued at $1,500. According to Arkham Intelligence, the value of his holdings has since surged to a value surpassing $1 million. Developers sometimes send free tokens to the addresses of high-profile names as a way to promote the coin and generate a buzz around it. Donald Trump makes $1M on TRUMP Memecoin Donald Trump’s holdings of TRUMP have just passed $1M. He originally received $7.1K of TRUMP from the TRUMP team between August-October 2023, which is now worth over $1.07M. That’s 150x. pic.twitter.com/u1Em8xReUl — Arkham (@ArkhamIntel) January 22, 2024 TRUMP was trading at $1.83 at 05:14 EST, according to...

SEC Commissioner Says ETH ETFs May See Approval Without Going to Court

SEC Commissioner Hester Pierce said spot ETH ETF application may see approval without court intervention.  The commissioner said the regulator would apply similar consideration used for traditional ETFs to crypto funds.  BlackRock, VanEck, ARK 21Shares, Fidelity, and Grayscale are among ETH ETF applicants. Hopes of an easier road to approval for spot Ethereum exchange-traded funds (ETFs) have risen following a statement from US Securities and Exchange Commission (SEC) commissioner Hester Pierce.  In an interview with Coinage posted on X (formerly Twitter), the commissioner stated that the regulator will take a different approach to spot Ethereum ETF applications. Importantly, she suggested issuers filing for the ETFs may see approval without relying on a court decision.  “We shouldn’t need a court to tell us that our approach is arbitrary and capricious in order for us to get it right. So I certainly hope that wouldn’t...

Ripple (XRP) Is Poised For A Massive Breakout; Here's When

XRP, the native cryptocurrency of the Ripple payment network, has faced challenges sustaining any significant price momentum over the past year. After hitting a peak of $1.96 in April 2021, XRP has since retreated 84.5% from its all-time high and currently trades around $0.5254. The recent underperformance comes amid Ripple’s high-profile legal battle with the Securities and Exchange Commission (SEC). The legal battle was over whether XRP should be classified as a security. The dispute has led to the delisting of XRP from major cryptocurrency exchanges and selling pressure from former investors. Also read: Gemini Unveils Plans to Launch XRP Perpetual Contracts However, despite the ongoing headwinds, some analysts remain optimistic about the coin’s long-term growth potential. Seasoned market observer Crypto Rover sees a breakout on the horizon based on XRP’s price action over the past year. $XRP A massive breakout will happen in the upcoming 8-10 weeks...

SpaceCatch CEO Stanislav Lepka on missed opportunities for GameFi during last crypto bull run

In an exclusive interview with Finbold, Stanislav Lepka, the CEO of SpaceCatch, a key player in the GameFi and Web3 arena, delved into the current state of augmented reality gaming while evaluating the quality of existing projects.  Lepka emphasized the significance of well-executed and managed projects in attracting funding, using SpaceCatch as a case study to illustrate its distinctive features. In this line, she looked at the missed opportunities for GameFi during the crypto bull run.  During the interview, the CEO also explored untapped opportunities within the GameFi scene, underscoring the importance of collaboration among key players. At the same time, Lepka pointed out the significance of bringing on board the right partners when tackling complex GameFi projects like SpaceCatch. Finally, Lepka examined the intersection between GameFi and other crypto projects, such as non-fungible tokens (NFTs), and discussed their impact on the overall player experience as well as to...

Senator Elizabeth Warren’s Opinions Face Backlash From X’s “Community Notes”

Senator Elizabeth Warren got “community noted” after claiming nations were using crypto to dodge U.S. sanctions.  Rogue nations were undermining U.S. national security, according to Warren. Community note highlighted that fiat is the preferred currency for financial crimes. Senator Elizabeth Warren got “community noted” after claiming nations were using cryptocurrencies to dodge United States sanctions.  A new @USGAO report confirms that rogue nations are using crypto to dodge sanctions and undermine our national security. It’s time for crypto to follow the same anti-money laundering rules as everyone else. I’ve got a bill to make it happen. https://t.co/TUX2sJ8HR0 — Elizabeth Warren (@SenWarren) January 21, 2024 Community notes on X were introduced to “create a better informed world,” according to X’s help center. The feature allows users to add context to potentially misleading information.  Warren stated that “rogue nations” were ...

ProShares Bitcoin ETF Trading Volume Plummets 75% As Investors Turn To Spot BTC ETFs

Image
The ProShares Bitcoin Strategy ETF (BITO), the world’s largest BTC futures-based ETF, is seeing trading volume shrink as investors turn to spot Bitcoin ETFs (exchange-traded funds) launched on Jan. 11. BITO saw shares worth slightly more than $500 million change hands on the NYSE on Jan. 18, down 75% from the record $2 billion registered on Jan. 11, according to data from Coinbase. Data from ETF.com also revealed that BITO witnessed a net outflow of over $270 million during the same period. Spot Bitcoin ETF Trading Kicks Off In The U.S. Eleven spot Bitcoin ETFs recorded a cumulative trading volume of $14 billion in the first week after launch, which is an amount greater than that of all other ETFs launched in 2023. Overall these funds collectively amassed over $1.2 billion in investor money in the first week of trading. LATEST: Despite $GBTC seeing a -$590m outflow gash friday, The Nine overwhelmed it w/ +$623m (3rd best day), $IBIT & $FBTC both >$200m while $BTCO ...

Robert Kiyosaki reveals 3 better investments than real estate in 2024

Amid his continuous warnings of a potential large-scale financial crash, the renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki has listed three investment s that he believes will be better than real estate . Specifically, as Kiyosaki was announcing his participation at the Vancouver Resources Investor Conference (VRIC) that took place on January 20 and 21, he said that gold, silver, and Bitcoin (BTC) would be “hotter than technology or real estate from 2024 on,” in his X post on January 15. There many different reasons why some people are rich, many middle class, and most people are poor and will die poor. One big reason is what a person does in their spare time….essentially since most of us have more spare time than working time. Many of my friends will be… — Robert Kiyosaki (@theRealKiyosaki) January 15, 2024 Why some rich are getting richer According to the investor, there were “many different reasons why some pe...

Justin Sun Relocks 656.4 Billion Shiba Inu in Private Wallet

Image
Justin Sun withdrew an estimated $60 million from Binance since last month. The withdrawn tokens include 656.4 billion Shiba Inu and 17,433 Ethereum. In the last 218 days, Justin Sun took out $237.02 million from Binance. On-chain resource Lookonchain has called attention to the transaction activities of the renowned founder of the Tron (TRX) blockchain, Justin Sun. Per the disclosure, Justin Sun has withdrawn an estimated $60 million in multiple crypto assets from Binance over the past 30 days. Among the most withdrawn tokens by the Tron founder from Binance was the popular meme-inspired token Shiba Inu. Data from Etherscan suggested that Justin Sun has moved off 656.4 billion SHIB tokens from Binance in at least three transactions. The Shiba Inu tokens are estimated to hold a market value of $6.3 million. Shiba Inu withdrawal from Binance to Justin Sun Private Wallet | Etherscan Meanwhile, Sun had transferred a more staggering dollar value of Ethere...

MANTA, SEI, ENS, and BTC Price Prediction for the Short Term

Image
MANTA’s possible drop below $2 could be a good entry, the analyst pointed out. SEI could head to $0.78 but a drop below $0.60 could be possible afterward. ENS sellers’ fatigue could lead the price to $27 while BTC might drop further. Pseudonymous crypto analyst Altcoin Sherpa told his followers about his short-term view of Bitcoin (BTC), Ethereum Name Service (ENS), Sei (SEI), and Manta Network (MANTA) on January 20. According to him, MANTA has a good potential to hit new highs because of its impressive Total Value Locked (TVL).  $MANTA: Aping into new coins is probably a decent idea for binance. this one has a decent amount of TVL but I wouldnt buy until the low $2s personally. pic.twitter.com/zMXaMQvfir — Altcoin Sherpa (@AltcoinSherpa) January 20, 2024 MANTA/USD Despite only launching a few days back, Manta’s TVL had increased to $427.03 million, DeFiLlama showed. This increase suggests that market participants seem to trust the protocol ...

Bitcoin Minetrix Presale Surpasses $8.8 Million Despite Bitcoin’s Nearly 10% Price Decline in a Week

Image
Bitcoin hit $49,000 last week after the SEC approved spot BTC ETFs, yet the rally was fleeting, with prices retracting over 10% afterward. At the time of writing, bears have taken control of the Bitcoin market, with the price standing at $40.8K, marking a 3.02% decrease in the last 24 hours. Bitcoin’s volatility casts doubt on its claim as a reliable store of value, highlighting its potential as a purely speculative asset. While the long-term outlook for $BTC remains uncertain, emerging projects like Bitcoin Minetrix introduce unique Features like ‘Stake-to-Mine,’ potentially offering enhanced price prospects. Maximizing Rewards with Bitcoin Minetrix’s Staking Strategies Amidst short-term challenges faced by Bitcoin, several innovative projects are emerging that have the potential to reshape the crypto space. Bitcoin Minetrix is one such initiative introducing a novel perspective to this discourse through its ‘Stake-to-Mine’ framework, presenting ...

Hong Kong’s Venture Smart Financial to launch spot Bitcoin ETF in Q1

Venture Smart Financial Holdings Limited, a financial services firm based in Hong Kong, is set to introduce its spot Bitcoin exchange-traded fund (ETF) in the city in Q1. Brian Chan, the group head of investment and product at Venture Smart Financial, shared in an interview with Bloomberg that the company aims to accumulate up to $500 million in assets under management by the end of 2024, recognizing the immense potential in the market. “It’s a market that has huge potential. Our goal is $500 million in assets under management by the end of this year.” Brian Chan Hong Kong regulators have thus far approved only three futures Bitcoin ETFs: Samsung Bitcoin Futures, CSOP Bitcoin Futures, and CSOP Ether Futures. In late December 2023, the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) jointly announced their readiness to consider applications for the authorization of funds with exposure to cryptocurrencies, including spot ETFs. A spoke...

Grok AI predicts XRP price for the end of 2024

Image
Since its inception, Grok has rapidly gained traction among users of the social platform X (formerly Twitter) and those invested in cryptocurrency markets. Developed by xAI, which operates under Elon Musk‘s wing, Grok represents a cutting-edge AI in the tech billionaire’s portfolio. Grok distinguishes itself by claiming to be more receptive to diverse data streams. Its edge lies in real-time Analysis , feeding off user-generated content from X to stay abreast of current information. This nuanced approach has made it a talked-about model in AI circles. Previously, Grok made headlines for selecting a cryptocurrency as the designated payment medium on X. In this context, Finbold consulted Grok for XRP forecasts, anticipating its end-of-year 2024 price trajectory. We prompted the AI, asking for bullish and bearish scenarios along with Grok’s analysis for each projection. Grok’s bullish and bearish analysis of XRP in 2024 Cryptocurrency XRP sell-off aler...