[ad_1] According to a Bloomberg report, a recent survey found that almost half of the traditional hedge funds have some exposure to cryptocurrencies, with the degree of exposure expected to increase by year-end. Traditional Hedge Funds Venturing Into Crypto A survey conducted by the Alternative Investment Management Association (AIMA) and PwC revealed that 47% of traditional hedge funds now have some degree of exposure to digital assets. This is a notable increase from 37% in 2022, though down from 29% in 2023. Among the hedge funds already invested in digital assets, about 67% plan to maintain their current level of…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Cardano founder Charles Hoskinson took X to defend the project from its detractors, arguing that the network has continued to grow and thrive despite the criticism. As ADA’s price falls 2.9%, some analysts warn of the next key level to watch out for. Charles Hoskinson Defends Cardano On Thursday, Charles Hoskinson addressed the adverse response towards Cardano in an X post. Hoskinson noted that the crypto community’s sentiment about the project has lately been more negative than usual. However, he argued that Twitter’s sentiment change isn’t a reflection of the project failing…
[ad_1] The meme coin industry is undoubtedly one of the fastest-growing sub-sectors in crypto. As of October 10, CoinMarketCap data shows that the total market cap of all meme coins exceeds $47 billion. Dogecoin, Shiba Inu, and Pepe top the list, commanding billions and, in some instances, hundreds of millions. United States DoJ Cracks Down On Meme Coin Wash Traders And GoBit Bullish as the industry might be, it is rife with pump-and-dump schemes and even rug pulls. Traders have lost millions through rug pulls. There are hundreds of millions more lost through pump-and-dump schemes. On October 9, the United…
[ad_1] Este artículo también está disponible en español. After briefly rising above $63,000 in recent days, renewing investor’s hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question: “Is it reasonable to expect a final shakeout before the next big move?” Related Reading Bitcoin Next Move: Major Correction Looming? In a recent post on the CryptoQuant QuickTake platform, the analyst explained that Bitcoin is currently in a high open interest zone, having…
[ad_1] People who became insanely wealthy off of tokens like Dogecoin (DOGE) are now seen bidding on the RCO Finance (RCOF) presale. Moves like this show that many seasoned crypto investors believe that RCOF is one of the best altcoins for getting rich in 2025. Crypto experts and analysts support this sentiment and add that RCO Finance can revolutionize the crypto space, ushering in utility like we’ve never seen before. Thus, not only does RCOF have the ability to generate massive ROI, but it also has everything to become a powerful long-term player in the market. This only adds further…
[ad_1] Este artículo también está disponible en español. According to a crypto analyst, Bitcoin (BTC) may be heading towards a capitulation due to tightening on-chain liquidity. However, this capitulation could be followed by a “full bull” market. Bitcoin Headed Lower Before Higher In a detailed thread on X about BTC price analysis, crypto analyst Cole Garner stated that capitulation might be on the horizon for the leading digital asset. Garner attributes the potential downturn to tightening on-chain liquidity. Related Reading Tracking global liquidity from central banks worldwide, the analyst said he sees a “buy signal” for digital assets. However, more…
[ad_1] Ripple has announced a major upgrade to its Ripple Custody service, aiming to deliver bank-grade crypto custody solutions to fintech firms and crypto businesses. The enhancements include integration with compliance tools, expanded hardware security module (HSM) options, support for tokenizing real-world assets on the XRP Ledger (XRPL), pre-configured policy frameworks, and an improved user interface, according to the official press release. “Ripple’s custody technology provides a unified platform for securing and managing digital assets, built with the security and compliance standards that global banks and financial institutions rely on. With these new features, Ripple Custody is expanding its capabilities…
[ad_1] Cardano’s (ADA) longstanding price woes have dampened crypto traders’ enthusiasm about the smart contract platform’s future, but one analyst thinks that lack of enthusiasm indicates a potential opportunity. Ali Martinez tells his 73,700 followers on the social media platform X that he thinks it’s actually a good time to buy more ADA. “Cardano investors seem deep in the depression phase of the market cycle — but that’s often where opportunities lie. Selling now might not be ideal; instead, accumulating ADA during such pessimism could pay off.” Source: Ali Martinez/X ADA is trading at $0.339 at time of writing. The…
[ad_1] Uniswap is making a surprising move, rallying in the face of bearish market conditions, and showing signs of resilience despite the downward pressure seen across the crypto space. As bullish sentiment begins to build, market participants are now focused on whether UNI can maintain this upward momentum and break new ground. As UNI continues to display strength, this analysis aims to determine whether Uniswap’s recent upward movement in spite of the broader bearish market conditions, has the potential to break through key resistance levels and reach new highs by examining the current price action and technical indicators. Indicators Point…
[ad_1] The current Shiba Inu price trajectory might be unsure at the moment, but fervent investors continue to stand strong. Lucie, Shiba Inu’s marketing lead, recently dropped an interesting take on the meme coin’s potential in the near future. In a stunning post on social media platform X, Lucie noted that if everything works out well, Shiba Inu has the potential to perform a 1000% increase in its price within two to three days. As expected, this projection has sparked excitement among some members of the Shiba Inu community. Current Price Action Is Irrelevant Lucie’s bold assertion of a massive…