Author: Murtuza Merchant

The likelihood of the United States adopting Ripple‘s (CRYPTO: XRP) as a national reserve asset in 2025 remains low, according to Polymarket, despite renewed speculation following Donald Trump‘s recent social media post about XRP. What Happened: Traders assign only a 15 percent chance to the possibility, even though the President shared an article on Truth…

Standard Chartered‘s Geoffrey Kendrick on Thursday predicted that Bitcoin (CRYPTO: BTC) will reach a new all-time high in the coming days, forecasting a price range of $112,000 to $130,000 for February and March. Kendrick’s bullish outlook follows a recent market correction and is supported by various factors, including improved market positioning, positive regulatory developments and…

While President Donald Trump‘s inauguration on Monday introduced a new Department of Government Efficiency, the anticipated boost to Dogecoin (CRYPTO: DOGE) and related parody tokens failed to fully materialize. This unexpected reaction suggests the complex relationship between meme coins and real-world political events, suggesting the market isn’t always predictable even when seemingly direct connections exist.…

A new report from Bernstein says that the cryptocurrency market will closely examine the utilization of 80% of the Official Trump (CRYPTO: TRUMP) token supply held by Trump insiders in the coming days. The TRUMP token, launched unexpectedly on the Solana (CRYPTO: SOL) blockchain, reached a fully diluted market cap of approximately $73 billion. It…

Binance founder and former CEO Changpeng Zhao on Tuesday voiced concerns about the current state of meme coins, calling their proliferation “a little weird.” What Happened: In a tweet, Zhao clarified he isn’t against memes but urged the crypto community to focus on building meaningful blockchain applications. “Let’s build real applications using blockchain,” he wrote.…

Bitcoin‘s (CRYPTO: BTC) potential to reach new all-time highs could be linked to the movements of gold, according to experts, who draw parallels between the two assets based on historical trends. What Happened: As gold continues its upward trajectory, some analysts are looking to the yellow metal’s performance as a potential indicator of when Bitcoin…

The S-1 filing by Bitwise Asset Management for a proposed XRP exchange-traded product (ETP) has sparked debate among investors and analysts regarding its potential approval by the U.S. Securities and Exchange Commission (SEC). What Happened: The proposal seeks to create a fund that directly holds (CRYPTO: XRP), providing investors with exposure to the digital asset.…

A savvy trader has reportedly transformed a $1,331 investment into an astounding $9.5 million in just 16 days, achieving a 7,140x return from an early investment in MOODENG (CRYPTO: MOODENG), a meme coin that has rapidly gained traction in the space. What Happened: MOODENG, a Solana (CRYPTO: SOL)-based token, is currently trading around a market…

A potential Donald Trump win in the November election would be more bullish for Bitcoin, a new Standard Chartered report predicts. What Happened: In a report released on Thursday, the investment bank predicted that Bitcoin could hit new all-time highs by the end of 2024, regardless of the outcome of the U.S. presidential election in…

Defiance ETFs has launched MSTX, the first single-stock leveraged ETF for MicroStrategy (NASDAQ:MSTR) in the United States. What Happened: The fund, which began trading on Aug. 15, aims to provide investors with 175% daily targeted exposure to MicroStrategy’s stock performance. MicroStrategy, a business intelligence firm, has gained prominence in recent years for its substantial Bitcoin…