financial news

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...

Altcoins Surge Amid Market Uncertainty

Altcoins Surge Amid Market Uncertainty

Multiple alternative cryptocurrencies, or altcoins, have showed immense growth in the past few weeks, faring much better than the overall crypto market. WhiteBIT Token (WBT), SPX, Hyperliquid’s HYPE — Significant token prices surging. All three tokens are trending as investors showing know-how resilience. These tokens have continued to push their...

Etherealize Report Predicts Ethereum Price Could Reach $740,000

Etherealize Report Predicts Ethereum Price Could Reach $740,000

Etherealize recently published our Ethereum long-term valuation report that estimates Ethereum’s long-term valuation at $89 trillion. This forecast represents a potential future value of the crypto asset of more than $740,000 per BTC. This bullish forecast takes for granted that Ethereum deserves every bit of the swagger of a global...

GameStop's Bitcoin Gamble: Genius or Just Another Meme Stock?

GameStop's Bitcoin Gamble: Genius or Just Another Meme Stock?

GameStop's plunging stock price after announcing a massive $2.25 billion convertible senior notes offering screams one thing: uncertainty. That uncertainty isn’t just referring to their mainline business; it’s specifically regarding their entry into the risky, as always, Bitcoin world. Are they just pretending to play 4D chess while rolling dice...

GameStop's Bitcoin 'Black Box': What's the Plan, Ryan Cohen?

GameStop's Bitcoin 'Black Box': What's the Plan, Ryan Cohen?

GameStop, the onetime doomed legacy video game brick-and-mortar, is once again making headlines. It’s not for the reasons its devoted followers had wished. The company’s recent plunge into Bitcoin has raised eyebrows and made waves. Many are now calling into question the transparency of its strategy. This article will explore...

Sharplink Gaming Stock Plummets Amid Share Resale Filing Concerns

Sharplink Gaming Stock Plummets Amid Share Resale Filing Concerns

Sharplink Gaming’s stock price plummeted by nearly 90%. This drop came on the heels of the company’s announcement to register up to 480 million shares for resale. The filing affects almost 58.7 million common shares. Unsurprisingly, investors are spooked, and this has led to an 83% drop in the company’s...

Sharplink Gaming's 73% Plunge: Panic or Opportunity?

Sharplink Gaming's 73% Plunge: Panic or Opportunity?

Sharplink Gaming (SBET), an upstart online sports betting platform, just got dealt a major blow. Its stock price plummeted by an incredible 73% in after-hours trading. This steep drop came on the heels of an SEC 2580 filing that registered 58.7 million common shares to be sold into the market....

Altcoins Gain Ground as Crypto Market Momentum Shifts

Altcoins Gain Ground as Crypto Market Momentum Shifts

Altcoins are posting impressive gains, eating into Bitcoin’s dominance in the crypto markets. Currently, 23% of altcoins are outperforming Bitcoin, signaling a potential shift in market dynamics. Altcoin season index drops out of the Bitcoin season zone. This shift is a clear sign of the maturing interest in and investment...

Altcoins Show Signs of Recovery Amidst Bitcoin Stability

Altcoins Show Signs of Recovery Amidst Bitcoin Stability

Altcoins rallying as Bitcoin calms down Ethereum (ETH), Solana (SOL) and Dogecoin (DOGE) are at the front lines of delivering the much-needed recovery. This increase comes after a recent low created in late-May, inspiring new hope among all markets, including crypto. Even though these altcoins are still trading below their...

Bitcoin Blasts Past $110K! What's Fueling the Crypto Surge?

Bitcoin Blasts Past $110K! What's Fueling the Crypto Surge?

Bitcoin just recently soared over the $110,000, bringing much excitement and enthusiasm to the crypto world. Investors and analysts are left now once again scrambling to identify the secret sauce behind this year’s remarkable rally. BlockOpulent.com is your guide to making sense of the boom, understanding the market landscape and...