BitGo acquires HeightZero to serve the growing institutional interest in crypto wealth management. BitGo CEO, Mike Belshe, emphasizes the urgency for wealth managers and RIAs to prepare for an impending Bitcoin ETF approval. HeightZero’s services enhance BitGo’s capacity to offer secure long-term crypto holdings for institutional clients. Cryptocurrency custody specialist BitGo has made a strategic…
Bitcoin tops $28k as Memeinator’s presale surpasses the $700k milestone
Key takeaways Bitcoin is trading above the $28,400 mark and could rally higher in the short term. Memeinator’s presale has now surpassed $700k three weeks after its launch. The cryptocurrency market has been positive so far this week, with most coins and tokens in the green zone. Memeinator’s presale has now crossed an important milestone…
Can Bitcoin reclaim the $30k psychological level after yesterday’s brief rally
Key takeaways Bitcoin briefly touched the $30k level on Monday before retracing later on. Shiba Memu’s presale is now closing in on the $4 million mark. The cryptocurrency market is having a rollercoaster week so far, with Bitcoin and others experiencing mixed performances. Shiba Memu’s presale is now closing in on the $4 million mark…
Bitcoin vs Gold: Bernstein analyst Gautam Chhugani picks a side
Bernstein analyst says Bitcoin is more attractive than gold. Gautam Chhugani explained why in a research note today. Bitcoin is currently down about 10% versus its YTD high. Gold has a history of doing well in a recession – but this time Bitcoin is an even better investment, as per a Bernstein analyst. Bitcoin has…
Why a Bitcoin rally could mean big business for NUGX as whales continue to diversify
TLDR Bitcoin’s upcoming pre-halving event has set the tone for a rally. The International Monetary Fund (IMF) warns of possible inflation in 2024, which can affect Bitcoin’s rally. Crypto whales seeking ways to diversify their portfolios are looking to NuggetRush for considerable returns. As the pioneering digital asset, the movements of Bitcoin ($BTC) can sway the…
Ferrari embraces crypto payments, partners with BitPay in the US
The luxury carmaker partners with BitPay to facilitate cryptocurrency transactions. Ferrari is responding to growing customer demand and dealer requests. The luxury car maker will start by accepting crypto payments in the US and later Europe. In some interesting crypto news, Ferrari, the iconic luxury sports car manufacturer, has officially announced its plans to accept…
Billionaire hedge fund manager Paul Tudor Jones picks Bitcoin over stocks
Paul Tudor Jones expects a recession in the first quarter of 2024. He also expects the Israel-Palestine war to make stocks less attractive. Bitcoin has a history of doing well in the midst of political uncertainty. Bitcoin is still down 13% versus its year-to-date high but Paul Tudor Jones remains bullish as ever on the…
Bitcoin’s dominance level now above 50% as altcoins underperform
Key takeaways Bitcoin’s market dominance now stands above 50% as Ether and other major altcoins underperform. The broader crypto market is currently bearish due to the geopolitical uncertainty in the Middle East. Bitcoin’s market dominance now stands at 50.3% Bitcoin, the world’s leading cryptocurrency by market cap, has seen its market dominance increase in recent…
Ordswap loses control of its website, urges users to recover keys
Ordswap has experienced a security breach that has led to phishing risks for users’ private keys and assets. An online tool has been introduced for MetaMask users to recover private keys. The incident underscores security concerns in crypto. In a recent crypto hack incident, Ordswap, a prominent marketplace for Bitcoin Ordinals, has fallen victim to…
Shiba Memu’s presale nears $3.7m: Should you invest in the project now?
Key takeaways Shiba Memu’s presale is now close to the $3.7 million mark. The cryptocurrency market is underperforming due to the ongoing geopolitical crisis in the Middle East. The cryptocurrency market is off to a rocky start this week, with the prices of most cryptocurrencies down by more than 1%. Despite the current bearish situation,…