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Showing posts from February, 2025

Michael Saylor suggests selling kidneys as bitcoin dips below $80K

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With crypto markets down $1 trillion since Donald Trump’s inauguration, investors are becoming increasingly desperate to raise capital to buy at 25% off last month’s prices. In a controversial, late-night tweet, Strategy founder Michael Saylor even suggested selling a kidney to hold onto bitcoin (BTC). Sell a kidney if you must, but keep the Bitcoin. — Michael Saylor️ (@saylor) February 28, 2025 His 11pm tweet with BTC’s price below $80,000 was even more contentious than his March 2021 advice to “ go mortgage your house and buy bitcoin with it ” that earned him months of derision. BTC went on to trade below his advisory prices for years and wouldn’t settle into a higher average price range until February 2024. Saylor’s tweet, with BTC price below $80,000 was even more contentious than his advice to “go mortgage your house and buy bitcoin with it.” Read more: Michael Saylor’s bitcoin announcements no longer seem to pump MSTR stock Sa...

Ripple: AI Predicts How Low Can XRP Fall In The Current Market Scenario 

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Ripple (XRP) is one of the leading cryptocurrencies to exist in the market right now. The token is currently a center of mainstream attention due to a plethora of ETF filings that the token is keenly awaiting approvals on. At the same time, XRP is badly hit by the current market forces, sitting at $2.04 price levels. At the same time, Bitcoin has also tumbled, impacting the altcoin markets to bleed furthermore. In such a case, how low can XRP truly fall before it stabilizes and picks up pace? Let’s find out. Also Read: Top 3 Cryptocurrencies That Could Rebound This Weekend Market Status: What Happened? Source: Coinpedia Ripple (XRP) is one of the leading cryptocurrencies to exist in the market right now. The token has noted a spectacular price rise during the peak of the market, rising to touch a new high of $3 and beyond before plunging back to sit at $2.04 at press time. With Donald Trump announcing a fresh line of import tariffs on the EU and China, the global markets have hit ...

As Nvidia Tops Earnings Estimates In First Report Since DeepSeek, Is This AI Agent Pepe The Best Crypto To Buy Now?

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US chip-making giant Nvidia has outperformed analysts’ earnings expectations, with fourth-quarter revenue jumping 78% from a year earlier to reach $39.3 billion. The better-than-expected earnings report is the first since China-based artificial intelligence (AI) firm DeepSeek exploded onto the scene last month. Its arrival wiped $600 billion off Nvidia’s market cap in the biggest one-day loss in stock market history.  DeepSeek’s AI chatbot ignited concerns that Nvidia’s stock was overvalued because it claimed its AI model was trained at a fraction of the cost of OpenAI’s ChatGPT models and on microchips much cheaper than those sold by Nvidia. Some of DeepSeek’s claims have since come into question. Nvidia Earnings Attributed To “Amazing” Demand For Blackwell Chips Nvidia founder and CEO Jensen Huang said in an earnings call that the rise in revenue was due to what he called “amazing” demand for the company...

BRICS: Goldman Sachs Predicts US Dollar Will Experience a Boom

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The BRICS alliance might not be able to deter the US dollar as Goldman Sachs predicts the currency could experience a tariff-fueled boom. Currency traders could make stellar profits if they take long positions on the USD, wrote the global investment bank. Tariffs from the Trump administration could bolster the appeal for the greenback leading to further gains, the note from the bank read. Also Read: Brazil Plans To Reject BRICS Currency If the US dollar continues its rise in the charts, BRICS will have a hard time safeguarding their respective local currencies. The development could derail the de-dollarization agenda and lead to the greenback strengthening further. The USD faced severe challenges from BRICS who were looking to dethrone it from the world’s reserve currency status. Also Read: De-Dollarization: Economist Predicts the Future of the US Dollar BRICS: Tariffs Could Fuel US Dollar Boom, Says Goldman Sachs Source: Reuters The escalating trade wars could benefit the US doll...

Michael Saylor's bitcoin announcements no longer seem to pump MSTR stock

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The last four times Michael Saylor announced a corporate bitcoin (BTC) purchase at Strategy, his stock price declined. In previous years, the market has generally reacted positively to his tweets. Although the company’s average cost basis per bitcoin is $66,357 — still well below current prices — Strategy (formerly MicroStrategy) has lost money on each of the company’s last 13 purchases. Depending on how one prefers to calculate the price of Strategy stock (MSTR) as of its November 11 announcement that coincided with a major price gap, it’s certainly true that it’s also lower than all 13 of its latest bitcoin purchases. Saylor’s last four BTC acquisition tweets sent MSTR lower over the following days. As bitcoin paused and then retraced the run-up to Donald Trump’s January inauguration, MSTR shareholders have benefited less and less from the company’s increasing BTC cost basis. MSTR trades lower on Saylor’s last four purchases Saylo...

SBF’s Comeback on X Sparks 30% Surge in FTT Token

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Now defunct cryptocurrency exchange FTX and its former CEO Sam Bankman Fried (SBF) were the talk of the town throughout 2022 and 2023. After SBF was jailed, the chatter around the exchange had slowed down. But the jailed founder made a comeback with a new post on X. This post has made headlines as SBF was posting through his account for the first time in two years. While the community wasn’t impacted by this tweet, the FTT token which is associated with the exchange recorded a massive uptick. Also Read: Shiba Inu: Here’s When SHIB Could Recover The $0.00004 Level A Look Into SBF’s Tweet Source: AM730 SBF created a 10-tweet thread on X. This thread primarily discussed layoffs. perhaps in reference to Elon Musk’s demand that government workers email their job activities from the previous week or face termination. He started the thread by saying, “I have a lot of sympathy for gov’t employees: I, too, have not checked my email for the past few (hundred) days. And I can con...

SEC Ends Investigation Into Robinhood

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Just last week, the US Securities and Exchange Commission (SEC) made the decision to end its enforcement action against Coinbase. The move was a key part of its continued shift, as it ends its combative stance opposing the cryptocurrency industry. That has continued this week, as the SEC has reportedly ended its investigation into Robinhood. According to a press release from the platform, the agency’s enforcement division has ceased its probe and “will not pursue enforcement action.” Indeed, the update follows the issuance of a Wells Notice from the agency in May 2024 that Robinhood chief legal officer Dan Gallagher says “never should have been opened.” JUST IN: SEC ends investigation into Robinhood. — Watcher.Guru (@WatcherGuru) February 24, 2025 Also Read: XRP ETF Gets New Timeline for SEC Approval: What to Know SEC Closes Robinhood Investigation As Crypto Policy Overhaul Continues Just one month ago, the SEC announced the launch of its new crypto task f...

Trader Predicts Relief Rally for Altcoin Market, Says One Layer-1 Crypto Looking To Move Further Up

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An analyst known for calling the November 2021 crypto bull cycle top believes that the altcoin market is about to witness the return of bullish momentum. Pseudonymous analyst Pentoshi tells his 857,000 followers on the social media platform X that he’s keeping a close watch on the OTHERS chart, an altcoin index that tracks the market cap of all crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins. According to Pentoshi, OTHERS appears to be carving a local bottom at $250 billion and is now threatening to shatter its immediate resistance at $281 billion. “Alts potential low time frame double bottom forming from $250 billion. Still think we played this very well overall, and looking for it to go back toward $281 billion once again. Reclaim that and we get a nice move up for some actual relief.”  Source: Pentoshi/X A double-bottom pattern is a bullish reversal structure indicating that an asset or index has formed a solid demand ...

XRP to trade at this price if spot EFT is approved, according to AI 

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The Securities and Exchange Commission (SEC) is expected to rule on multiple applications for spot XRP exchange-traded funds (ETFs). If approved, this regulatory decision could mark a major shift in how investors access XRP, potentially driving a price surge. To this end, the SEC has until mid-October 2025 to approve or reject these ETF proposals. Notable filings include Grayscale’s application to convert its XRP Trust into a spot ETF and submissions from 21Shares and Bitwise. However, depending on the review process, a decision could come as early as mid-April 2025. These applications have emerged despite the ongoing legal battle between the SEC and Ripple. Still, the XRP community remains optimistic, believing approval odds have improved under the cryptocurrency-friendly regulatory environment. Picks for you Here's the 'only way...

Next Cryptocurrency to Explode, 21 February — Astar, Jito, Reserve Rights, Raydium

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The cryptocurrency market experiences changes and developments that shape investment choices every day. Since last month, it has been on a bullish run, even as several tokens experienced price fluctuations. The crypto market is observing a noteworthy increase in trading signals, leading investors to religiously search for the next promising token. However, spotting the next cryptocurrency to explode amidst this abundance requires a thorough understanding of the market dynamics. Today’s article identifies coins with some potential and informs investors and traders about each token. Next Cryptocurrency To Explode Today’s review highlights promising cryptocurrencies that investors should keep an eye on. Among these is a new project called Wall Street Pepe. Wall Street Pepe is a new variation of the beloved Pepe coin that aims to empower traders with exclusive market insights and tips. The token has taken the crypto scene by storm and is gearing up to take over on Uniswap in...

Coin Terminal and ZetaChain announce a new crypto hackathon

Coin Terminal, a leading Web3 platform, has partnered with ZetaChain (ZETA), a Layer-1 (L1) blockchain, to launch a new crypto hackathon, as reported to Finbold on Friday, February 21.  During the event, participants can secure up to $1 million in fundraising through Coin Terminal, as well as potential venture capital and angel investments.  The event also Features developer sessions conducted by industry experts, one-on-one mentorship programs, and exclusive networking opportunities. Picks for you Falcon Finance reaches $25 million in total value locked 18 hours ago Crypto analyst warns XRP rally may be over 20 hours ago Here’s ...

Is It Too Late To Buy PAIN? Pain Price Soars 29% And This Might Be The Next Crypto To Explode

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The Pain price has soared 29% in the last 24 hours to trade at $16.57 as of 7 a.m. EST on a 58% pump in trading volume to $125 million. The surge in the PAIN price follows MEXC’s announcement that the token will be listed in both spot and future markets. Viral Grandpa's Memecoin $PAIN Goes Live with $136M Market Cap The viral meme project $PAIN has officially launched, boasting a $136M market cap and $50M in trading volume. The project previously held a 48-hour presale, raising 185,976 $SOL (~$40M)—one of the largest meme token… pic.twitter.com/jJd6RDvJYc — Followin (@followin_io) February 20, 2025 Trading went live on February 20, at 01:05 UTC. To celebrate the launch, MEXC is offering an airdrop plus rewards program worth 270,000 USDT, driving increased investor interest and momentum in the market. Pain Price Faces Bearish Pressure After Strong Rally The PAIN/USD trading pair is currently experiencing a period of consolidation after a strong bullish ...