Bitcoin Soars 33% Post-2024 Halving Amid Institutional Disruption of Market Cycle

Bitcoin has experienced a significant increase of 33% following its recent halving event. Analysts attribute this surge to the acceleration of the institutional investment cycle in the cryptocurrency market. The halving event, which occurs approximately every four years, reduces the number of Bitcoin rewarded to miners by half. This scarcity typically leads to an increase [...]

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BlackRocks BUIDL Tokenized Fund Soars 300% in Just 3 Weeks While Bitcoin Stagnates

BlackRock invests $1.8 billion in Bitcoin projects over a three-week period, showing strong support for the cryptocurrency ecosystem. The investment giant’s move indicates a growing interest in digital assets as a viable investment option. BlackRock’s decision to allocate such a significant sum to Bitcoin-related initiatives highlights the potential for growth and innovation in the blockchain [...]

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GameStop Soars 12% Following Announcement of Bitcoin Purchase Strategy

GameStop’s shares have experienced a notable increase in value recently amidst news of the company’s plans to invest in Bitcoin and issue debt notes. This significant development has captured the attention of investors and market analysts alike. The popular video game retailer has seen its stock price surge, signaling a potential shift in the company’s [...]

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Robinhoods Stock Soars 8% Following Launch of Betting Markets Hub

Robinhood, the popular investing app, has recently introduced a new feature called the “betting markets hub.” This hub allows users to participate in prediction markets related to various events, including elections, sports outcomes, and more. With the betting markets hub, Robinhood users can now place bets on a wide range of topics and events, providing [...]

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Bitcoins Price Target for June Soars to $126K as Data Signals Bull Market Resurgence

Bitcoin’s price outlook for June is promising, with data indicating a target of $126,000. This projection suggests a potential bull market comeback for the popular cryptocurrency. The anticipation of Bitcoin hitting $126,000 in June is based on analysis that takes into account various factors like historical price movements, market sentiment, and technical indicators. While the [...]

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OVR price soars 40% amid Apple AR/VR headset hype

The price of Ovr rose to $0.61 on Monday, jumping by more than 40% in the past 24 hours as it hit its highest level since November 2022. The metaverse token’s price has increased by more than 110% this past week and is seeing rising network activity with over $3.5 million worth of OVR traded …

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Coinbase stock soars 11% amid $100 million settlement with NY regulator | Invezz

Coinbase (NASDAQ: COIN) shares spiked more than 11.6% on Wednesday and were trading around $37.50 at 11:30 am ET. COIN’s gains followed the latest crypto-related news for the leading US-based cryptocurrency exchange, with the gains also happening as stocks looked to stage an upside move amid multiple sets of economic news. Are you looking for ... Read more

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Coinbase stock soars after firm inks deal with Google

Coinbase (NASDAQ: COIN) jumped nearly 4% in pre-market trading on Tuesday to hit prices of $69.88. COIN was trading around $68.07 at the time of writing, about 4.23%.

Accordingly, the Coinbase shares had gained by more than $2.85 on the day as stock markets neared opening, with the gains coming on the back of crypto news relating to the crypto exchange and global tech giant Google.

On Tuesday, the two firms announced that they had struck a partnership that would see Google allow a selection of its customers to pay for its cloud services with cryptocurrency. The crypto payment support will start in 2023, the companies said in a press release.

With this collaboration, Coinbase will adopt Google Cloud as its strategic cloud service provider as well as leverage the tech giant’s data and analytics technologies to help drive crypto and Web3 adoption.

Commenting on the partnership, Coinbase co-founder and CEO Brian Armstrong said:

“We are excited Google Cloud has selected Coinbase to help bring Web3 to a new set of users and provide powerful solutions to developers. With more than 100 million verified users and 14,500 institutional clients, Coinbase has spent more than a decade building industry-leading products on top of blockchain technology. We could not ask for a better partner to help execute our vision of building a trusted bridge into the Web3 ecosystem.”

Coinbase Commerce, which supports multiple cryptocurrencies, will power the payment option, broadening the payment methods available to Google Cloud customers. When it goes live, the system will see the clients access digital assets like Bitcoin, Ethereum, Dogecoin and Shiba Inu to pay for services.

The crypto exchange’s ecommerce platform also supports major stablecoins including USDC and USDT.

Coinbase’s stock remains more than 73% down year-to-date, with the crypto stock trading largely in tandem with the crypto market. Google shares are down more than 32% YTD.

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Increased Staking Demand Drives Algorand (ALGO) Upward Despite Bearish Market

Market began experiencing a downward, which only got steeper in the first week of May. Algorand (ALGO) has stood out in the bearish trend

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TRX Price Soars in Last 24 Hours Following The Launch Of USDD

Altcoin News TRON price surges in the last 24 hours, following a different trend to the one seen in the rest of the crypto market. TRX is up by 9.8% in the last 24 hours according to CoinMarketCap. In related news, the founder of TRON announces the launch of USDD. TRON (TRX) seems to be […]

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Crypto Flipside News – BTC Soars After ETF Approval Hint, Coinbase Wants New Regulator, Ripple into Digital Pound, Putin Values Crypto, FOX goes NFT

Read Friday's breaking news in the daily digest!

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Bitcoin price drops while Palantir (PLTR) stock soars to record levels Why the sudden shift?

Bitcoin prices have experienced a decline while Palantir (PLTR), a tech giant, has surged to new record highs. The sharp contrast in performance has left investors wondering about the underlying factors driving these movements. Bitcoin, the leading cryptocurrency, has faced a significant drop in value, causing concern among investors and traders. On the other hand, [...]

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GameStop Soars 18% After-Hours on Bitcoin Investment Rumors

GameStop is reportedly exploring the possibility of investing in the cryptocurrency Bitcoin. The popular video game retailer is examining ways to integrate digital assets into its business model as it adapts to the changing landscape of finance and technology. With the rise of cryptocurrencies like Bitcoin, companies across various industries are realizing the potential benefits [...]

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Robinhood Surges as Q4 Crypto Revenue Soars by 700%

Robinhood, a popular online trading platform, has seen a significant surge in its shares during the fourth quarter of the year. This growth can be attributed to the platform’s increased revenue from cryptocurrency trading. The company has experienced a rise in users trading cryptocurrencies on its platform, leading to a boost in overall revenue. This [...]

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Metaplanets Share Price Soars by 4,800% after Company Invests in Bitcoin

MetaPlanet’s shares have experienced a significant increase due to its innovative Bitcoin reserve strategy. The company’s approach to storing value in BTC has garnered attention from investors, leading to a surge in stock prices. MetaPlanet’s decision to adopt a Bitcoin reserve strategy sets it apart from traditional investment firms. By diversifying its holdings to include [...]

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Zilliqa Price Soars Ahead of EVM Launch as AltSignals Presale Continues

Zilliqa price surged to the highest point since February 23rd on Wednesday as investors waited for the upcoming EVM launch. ZIL soared to a peak of $0.036, which was about 68% above the year-to-date low. This makes it one of the top-performing cryptocurrencies in the industry. Other altcoins like AltSignals (ASI), Internet Computer (ICP), and …

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AXS soars 17% following Axie Infinity’s crypto game debut on Apple App Store

On Wednesday, the renowned game developer Sky Mavis revealed the release of the Origins crypto game on Apple’s App Store, allowing individuals from selected countries to enjoy the game seamlessly. The update triggered increased on-chain activity on Axie Infinity’s platform (within the Ethereum blockchain). That confirmed surged appetite from retail participants. Meanwhile, AXS reacted bullishly …

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Cardano price steady after dynamic P2P upgrade, DeFi TVL soars

Cardano (ADA/USD) price regained momentum after its developers announced a new node upgrade in its network. ADA jumped to a high of $0.34, the highest level since March 15 of this year. This recovery coincides with the resurgence of digital coins, with Bitcoin trading at its highest point this year. IOHK launches its P2P node …

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SOL price soars 14% ahead of Solana’s Saga mobile launch event

SOL, the native token of Solana, has seen double digit gains in the past 24 hours as bulls turn up ahead of the highly anticipated Solana Mobile Saga launch. On Tuesday, as Bitcoin price broke above $30,000 for the first time in 10 months, Solana matched the upside pressure with an upswing of its own. …

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Palantir (PLTR) stock soars on AI bet- Is AltSignals (ASI) the token to buy?

Shares of Palantir Technologies (NYSE:PLTR) jumped more than 27% on Monday in after-hours trading following the company’s first-quarter earnings results that beat analysts’ estimates. The Palantir stock also soared amid the firm’s profit projections based on its new Artificial Intelligence (AI) powered platform. With the AI narrative also particularly strong in the cryptocurrency space, it …

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