Author: Ronaldo Markue

As the US election draws closer with just 57 days remaining, Super PAC are increasing their spending spree in Massachusetts and nationwide. The Commonwealth Unity Fund, a PAC with major contributions from Gemini and Ripple Labs co-founders, has invested over $600,000 to back Republican Senate candidate John Deaton. Federal Election Commission (FEC) filings from Sept. 6 reveal that the PAC allocated about $330,000 on ads against Democratic Senator Elizabeth Warren and another $330,000 in support of Deaton. This marks one of the first notable moves by a crypto-backed Super PAC since Deaton secured the Republican nomination on Sept. 3. With…

Bitcoin price decline to $55,675 amid market turbulence, prompting investors to look at safer assets like gold A sudden decline in the price of Bitcoin forces investors to shift their interest to other assets like Gold. On September 4, the price of Bitcoin dropped to its lowest at $55,675 as the crypto market responded to the United States tech stock rout. After making a recovery of almost 40% from last month’s drop, the asset is again heading towards the lower support level of $50K. A United States giant tech stock Nvidia caused Nvidia’s stock prices to shake, leaving a huge…

BlackRock Bitcoin exchange-traded fund, launched in January, records a second major outflow of $14.5 million, caused by the significant drop in Bitcoin price at $59K. On August 29, iShares Bitcoin Exchange TradedFunds encountered an outflow of $13.5 million. This is the second time this ETF has seen an outflow. The first outflow was recorded on May 1, totaling $36.9 million. This combined outflow is considered one of the worst outflows ever recorded, which calculated a total of $563.7 million as per the Farside Investor data. In the single day to August 29, all the 11 Bitcoin ETFs operating in the…

The Haru Invest fraud case, where top executives are accused of stealing $826 million in digital assets from 16,000 users. The courtroom stabbing happened just weeks after a Chinese gang stole over $2 million in crypto at gunpoint in a luxury home in Thailand. Hugo Hyungsoo Lee, the CEO of South Korean crypto company Haru Invest, was attacked and stabbed in the neck several times during a court hearing in Seoul. Lee was attacked in court during the Haru Invest trial, where three company executives were accused of stealing $826 million in cryptocurrency from about 16,000 users. According to Digital…

the impact of the WazirX hack, which led to a $230 million loss and affected withdrawal processes. WazirX co-founder Nischal Shetty recently answered questions about who owns and runs the cryptocurrency exchange. In a chat on Twitter with crypto influencer Pushpendra Singh, Shetty shared an update on how the platform is doing. He explained that he’s running the exchange “on their behalf until the dispute is settled.” When asked for more details on how trades are being handled without full access, Shetty said he couldn’t share specifics due to confidentiality rules. “I can’t get into any more particulars because of…

Bitcoin’s recent rise to $65,000 has led to more money flowing into Hong Kong’s Bitcoin ETFs, showing that investors are becoming more interested despite economic challenges. Since their launch in January, U.S. Bitcoin ETFs have been very successful, bringing in over $58 billion. This shows that Bitcoin is becoming more accepted in mainstream finance. Hong Kong started its own Bitcoin ETFs in April, hoping to achieve similar success. Although the initial response was not as strong, the latest Bitcoin surge has led to the highest inflows into Hong Kong’s Bitcoin ETFs since mid-July. Hong Kong Bitcoin ETFs see surge in…

Crypto expert Man of Bitcoin recently shared thoughts on Bonk price prediction using the Elliot Wave Theory. He explained how much higher the Solana meme coin might go in its next move up. BONK Price could surge past its All-Time High In a recent X (formerly Twitter) post, Man of Bitcoin predicted that BONK could reach $0.000027 in its third wave, according to his Elliot Wave analysis. He explained that since BONK has already risen above $0.000022, it shows potential for further growth to that target. The analyst also noted that BONK seems to have finished its second wave correction,…

Explore the PEPE and SHIB price prediction for August 25. Discover the recent changes in their trading volumes, resistance levels, and potential breakout opportunities. Get insights into how PEPE’s bearish trend and SHIB’s technical patterns could impact their future movements. Bulls couldn’t maintain their lead by the week’s end, as per CoinMarketCap. PEPE/USD The price of PEPE has fallen by about 7% since yesterday. The trading volume also dropped by about 15% to 853.690 million, according to CoinMarketCap. However, over the last week, the price has gone up by around 19%. On the daily chart, PEPE’s price is still bearish…

In this type of market, numerous depressive and unpredictable phenomena put pressure on and force XRP holders to sell their assets to avoid additional investment losses. The XRP dropped its price below the key support level of $0.05 and is now struggling to recover. In the last 24 hours of trading, the total loss encountered by the crypto market is $367 billion. The Ripple experienced a price drop of almost 10% in the last seven days of trading and is now trading at a mark of $0.0569 according to CoinMakretCap data. The current MVRV ratio of the asset indicates an…

Aave is currently valued at $110.27, with around $244.100 million traded in the past day. Trading activity rose by 10%, boosting AAVE’s price by over 4.5%. In the last week, AAVE price climbed by about 12.38%, and over the past month, it saw an increase of more than 8%. Traders and investors are questioning whether this rise is due to speculation or if something significant is happening behind the scenes. It’s wise to watch the AAVE market closely. This article delves into what could unfold with AAVE in the weeks ahead. Aave (AAVE) Statistics: •Aave Price – $110.27 •Market cap…