Disclosure: This article does not constitute investment advice. The content and materials presented on this page are for educational purposes only. Cryptocurrency experts are backing a new Shiba Shootout token that raised over $1 million in a pre-sale ahead of its exchange debut. Prominent cryptocurrency experts are supporting the newly launched Shiba Shootout (SHIBASHOOT) token and expect its price to rise once it is launched on exchanges. The project is currently in pre-sale, with a total raised just over $1 million. Shiva Shootout Could Make Millionaires, Says Analyst One of the biggest reasons Shiva Shootout has been successful is because…
Author: Crypto Flexs
Read More
Peter McCormack’s life was an open book. He spoke candidly to audiences and magazines about discovering Bitcoin and buying too much cocaine on Silk Road, which landed him in the hospital in 2014. A few years later, in 2019, he wrote an article for The Guardian in which he revealed that he had made $1.2 million investing in Bitcoin, but lost it all. However, after selling your stack during a bear market What Bitcoin Did As the podcast goes, in 2024 he is richer and healthier than ever. This cycle he has maintained his income and achieved his childhood dream…
Former President Donald Trump told X that he will announce a plan on Thursday that will help the U.S. establish itself as a leader in cryptocurrency.The Republican presidential candidate also mentioned World Liberty Financial, a DeFi project promoted by his sons, in his post. “This afternoon, I will be announcing a plan to make the United States the crypto capital of the planet,” Trump said in the post, which ended with the World Liberty Financial logo appearing.Trump’s sons, Donald Trump Jr. and Eric Trump, first teased upcoming announcements related to cryptocurrencies and DeFi a few weeks ago, and their father…
Tron founder Justin Sun has weighed in on the blockchain disruption trend. Recently TON (Open Network) was shut down. Other blockchains have also experienced outages this year. As blockchain network outages become more common this year, users and developers across the industry are growing frustrated. In recent months, various networks have come under scrutiny for their inability to maintain smooth, uninterrupted operation. In the latest example of the outage that The Open Network (TON) experienced for several hours, another blockchain founder has spoken out about it. Sun, subtle criticism of blockchain disruption After the extended downtime of The Open Network…
Wang Long Chai 29 Aug 2024 09:20 Binance Futures will launch USDⓈ-margined CHESS perpetual contracts with up to 75x leverage starting August 29, 2024. Binance Futures is expanding its range of trading options by launching a new USDⓈ Margin CHESS perpetual contract with up to 75x leverage. According to a recent announcement from Binance, this new contract will be available starting from August 29, 2024 at 07:30 (UTC). Enhanced trading experience The introduction of CHESSUSDT Perpetual Contract aims to improve the trading experience of users by providing more trading options. This contract offers a…
Warren Buffett’s Berkshire Hathaway has surpassed $1 trillion in market capitalization, making it now worth nearly as much as the entire Bitcoin (BTC) market.Buffett Could Do Just Fine Without Bitcoin in 2024Berkshire Hathaway’s stock BRK.A, up 0.75% on August 28, is now worth more than $1 trillion. The stock is up more than 29% so far in 2024, outpacing the S&P 500’s 17% gain and lagging Bitcoin’s 31% gain over the same period. Bitcoin’s market cap is $1.18 trillion as of August 29.BTC/USD and BRK.A year-to-date performance chart. Source: TradingViewThe slight difference in the year-to-date returns of Berkshire Hathaway and…
A widely known cryptocurrency analyst is updating his outlook on Solana (SOL), an Ethereum (ETH) competitor, amid the market turbulence. In a new video update, crypto strategist Benjamin Cowen told his 808,000 YouTube subscribers that Solana’s value could plummet if market patterns similar to those seen in 2019 resurface. Looking at the TOTAL3 chart, which tracks the total market cap of cryptocurrencies excluding Bitcoin (BTC), Ethereum, and stablecoins, Cowen shows that altcoins rallied in 2019 but then crashed that same year as the Federal Reserve implemented a looser monetary policy. The Fed is expected to cut rates next month after…
Peregrine Exploration, a blockchain development and research company, has raised $3.6 million in a funding round co-led by Polychain Capital and Dragonfly to develop a stablecoin protocol called Level.According to a press release, Robot Ventures, Pier Two, EIV, and Global Coin Research participated in the round. Angel investors Balaji Srinivasan, Jeff Fang, Julian Koh, and Sidney Powell also participated.Level aims to be the first stablecoin protocol backed by re-staking dollar tokens. These tokens are created when someone stakes a dollar-denominated token (e.g. USDC or USDT) on a re-staking protocol like EigenLayer and earns re-staking yields. These yields are generated from…
According to on-chain data, Ethereum whales have been on a significant buying spree recently, which is a sign that the ETH price could be bullish. Ethereum whales recently added 200,000 ETH to their holdings. As analyst Ali Martinez explains in a new post on X, ETH whales have been buying recently. A “whale” is an Ethereum investor who holds between 10,000 and 100,000 ETH in their wallets. At the current cryptocurrency exchange rate, the lower bound of this range is $26.4 million, and the upper bound is $264 million. Holders of this group would be among the largest groups in…
Jessie A Ellis 29 Aug 2024 09:56 NVIDIA announced record revenue for its second quarter of fiscal 2025, driven by increased data center demand and significant earnings per share growth. NVIDIA Corporation (NASDAQ: NVDA) reported record revenue of $30 billion for its second quarter of fiscal 2025, up 15% from the previous quarter and up a whopping 122% from the same period last year, according to the NVIDIA Newsroom. Sales and earnings growth The company’s gross margin for the second quarter was 75.1%, slightly lower than 78.4% in the prior quarter but higher than…