bitcoin

Trump Media Doubles Down: Bitcoin & Ethereum ETF Filing Explained

Trump Media Doubles Down: Bitcoin & Ethereum ETF Filing Explained

The company Trump Media & Technology Group (TMTG), created by Donald Trump, is shaking the financial space. They’re most recently known for helping to popularize a relatively new investment vehicle called an exchange-traded fund (ETF). This fund is an actively managed ETF that provides exposure to Bitcoin and Ethereum. It...

Trump Media Seeks SEC Approval for Bitcoin and Ethereum ETF

Trump Media Seeks SEC Approval for Bitcoin and Ethereum ETF

Trump Media & Technology Group, the company behind Truth Social, has made a very bold move. They’ve done so by filing for a cryptocurrency Exchange Traded Fund (ETF) with the Securities and Exchange Commission (SEC). This would be the social media giant’s second crypto ETF application in under two weeks....

Crypto Market Update Bitcoin and Ethereum Face Key Tests Amidst Ripple's Correction

Crypto Market Update Bitcoin and Ethereum Face Key Tests Amidst Ripple's Correction

Bitcoin (BTC) is showing signs of consolidation above key support levels after a sharp correction last week. Ethereum (ETH) is consolidating sideways and is currently testing the bottom end of this consolidation range. At the same time, Ripple’s XRP has dropped below its 50-day Exponential Moving Average (EMA) support, raising...

Bitcoin Hoarding Hurts Communities? Solana Founder's Stance & Altcoin's Social Impact

Bitcoin Hoarding Hurts Communities? Solana Founder's Stance & Altcoin's Social Impact

Anatoly Yakovenko, the genius behind Solana, recently denounced the prospect of altcoin projects holding Bitcoin as “so dumb.” On the surface, it appears to be a technical discussion of treasury management. Dig deeper, and you'll find a moral question screaming to be heard: Whose prosperity are we prioritizing?Coconuts or Community...

Solana Founder's Bitcoin Slam: 3 Reasons He's Right (And 1 Reason He's Wrong)

Solana Founder's Bitcoin Slam: 3 Reasons He's Right (And 1 Reason He's Wrong)

Anatoly Yakovenko, the founder of Solana, just recently took a scorched earth approach to altcoin projects that benefit from Bitcoin accumulation. He described these assets as “so dumb,” promoting in their place more exciting, but dangerous, assets such as U.S. Treasury bills. And honestly? He's got a point. As is...

Solana CEO Calls Altcoin Bitcoin Holdings Idea 'Dumb'

Solana CEO Calls Altcoin Bitcoin Holdings Idea 'Dumb'

Solana Labs co-founder and CEO, Anatoly Yakovenko has publicly derided the idea of altcoin projects holding BTC. Charles Hoskinson, the Cardano co-founder, suggested his foundation should trade 100 million ADA into Bitcoin and stable assets. This post is intended as a critique of that proposal. The ongoing discussions in the...

Solana Founder Calls Altcoin Bitcoin Holdings "So Dumb": Why?

Solana Founder Calls Altcoin Bitcoin Holdings "So Dumb": Why?

The crypto world is never short on drama, particularly when it comes to honest disagreements over fiscal policy. Recently, Solana's co-founder Anatoly Yakovenko stirred the pot by publicly criticizing Cardano's proposal to convert a significant portion of its ADA holdings into Bitcoin. His fiery rebuke knocked the concept down as...

Bitcoin's $105K Hold: Is This Just Another Crypto False Dawn?

Bitcoin's $105K Hold: Is This Just Another Crypto False Dawn?

Bitcoin flirting with $105,000? HYPE, AAVE, BCH and OKB racing to the altcoin upside? The crypto-sphere is buzzing. But hold on, before you mortgage the house and YOLO into the next memecoin. Are we seeing a true breakout here, or just another really well disguised bull trap that’s about to...

Beyond the Hype: How Bitcoin's Rise Impacts Real People's Lives?

Beyond the Hype: How Bitcoin's Rise Impacts Real People's Lives?

I was talking recently to Thandi, an unemployed single mother living in Soweto on the outskirts of Johannesburg, who made a huge leap of faith. She converted all her small savings into Bitcoin, even though she knew it was for her daughter’s school fees. Opportunities offered through social media play...

Bitcoin's Price Indecision Looms Amidst ETF Inflows

Bitcoin's Price Indecision Looms Amidst ETF Inflows

Bitcoin (BTC) is painting a picture of indecision right now as it’s locking in a Doji candlestick pattern on the weekly chart. This pattern indicates a tug-of-war between buyers and sellers, with market participants unsure about the short-term trajectory of the cryptocurrency. Traders, on the other hand, are watching a...