The last few weeks have seen Cardano (ADA) on a strong run, moving to a seven-month high and turning heads of investors further afield.
Maritime fintech startup Shipfinex secured $1.5 million in seed funding to democratize maritime finance through blockchain-enabled fractional ownership of maritime assets. Democratizing Maritime Finance Shipfinex, a maritime fintech startup, recently announced it has secured $1.5 million in seed funding. Gaurav Mehta, chairman of shipping asset trader Best Oasis Limited and Dubai-based company SPM Shipping DMCC,
President-elect Donald Trump’s new US department has not yet come to life but is already sparking the interest of a US ally in the Asia-Pacific region. The Japanese government shows great interest in how the new US Department of Government Efficiency, or DOGE, will function and how its appointed head Tesla founder Elon Musk would bring
Bullish SEC could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Bullish SEC (BULLSEC), a new Solana memecoin that was launched today, is set to explode over 11,000% in price in the coming days. This is because BULLSEC is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Bullish SEC can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to
Ripple’s XRP has made headlines once again, achieving significant gains and soaring to a new high of $1.26, the highest since November 2021. As trading activity surged, the volatility prompted
XLM, OM, and QNT are the top gainers today.
Tech-focused investment firm ARK Invest believes Bitcoin (BTC) will shatter the six-figure price level before 2024 expires. In a new report, ARK Invest analyst David Puell looks at historical data to predict where Bitcoin could possibly land before the year ends. Based on the numbers dating as far back as 2011, Puell predicts that Bitcoin The post ARK Invest Unveils Year-End Targets for Bitcoin, Sees Continued Bullish Momentum for BTC in 2025 appeared first on The Daily Hodl .
The recent establishment of the Department of Government Efficiency (DOGE) by President Trump has sparked a notable surge in Dogecoin’s value, reaching a yearly high. This unprecedented step, led by
The recent bullish momentum in the crypto market has led to a notable surge in altcoins like XRP and Cardano, but not all tokens share the same market conviction. The
Cathie Wood, CEO of asset manager and crypto ETF issuer ARK Invest, has long maintained her bullish outlook on Bitcoin, and her recent comments reinforce her optimistic projections for the largest cryptocurrency. Following Donald Trump’s electoral victory over Vice President Kamala Harris last week and Bitcoin’s recent surge to an all-time high of $93,250, investor sentiment surrounding Bitcoin has notably improved. Anticipated Regulatory Relief In a recent interview on CNBC’s Squawk Box, Wood discussed her expectations for Bitcoin’s price trajectory. She stated that ARK Invest’s targets for 2030 range between $650,000 and, in a bullish scenario, between $1 million and $1.5 million. Ark’s CEO attributed the current uptrend in Bitcoin’s value to several catalysts, particularly the anticipated regulatory relief that could come from Trump’s new administration. Related Reading: Major Hindrances To Dogecoin Price Hitting $1 According To This Crypto Analyst The now 47th President of the United States has vowed to make significant changes, particularly in the leadership of the US Securities and Exchange Commission (SEC), headed by Gary Gensler and characterized by lawsuits, Wells Notices and increased scrutiny of key industry players. This has led to notable discontent over the past three years of his tenure at the regulatory agency, prompting executives and investors in the digital asset ecosystem to call for a change for a clearer regulatory framework that could invite further adoption and growth of the market. However, Trump promised to fire Gary Gensler on the first day of his new administration, which is expected to begin on January 20. He also vowed to make America the “crypto capital of the world” with a new framework and support for digital assets, with Bitcoin at the center of his economic agenda. This has resonated well with industry advocates, as evidenced by the broader market rally led by the market’s largest digital assets, which have risen nearly 25% since Trump’s election victory. Bitcoin As A Unique Asset Class During the interview, Wood also highlighted that ARK Invest was the first public asset manager to invest in Bitcoin when it was priced at just $250 in 2015. The asset manager believes that even at approximately $90,000, Bitcoin still has significant growth potential. According to Wood, Trump’s victory is pivotal, as it signals a shift toward a more favorable regulatory environment for the cryptocurrency sector—an outcome she views as crucial for Bitcoin’s future. Related Reading: XRP Breaks Above Multi-Year Resistance – Top Analyst Shares Price Target Furthermore, Wood emphasized that Bitcoin has evolved into a distinct asset class, separate from traditional currencies. She believes that this shift indicates that institutional investors and asset allocators are increasingly looking to include Bitcoin in their portfolios, recognizing its potential as both a store of value and a hedge against inflation. At the time of writing, BTC is hovering around the $90,120 mark, still up 16% in the weekly time frame, despite the current retracement experienced over the past 48 hours. Featured image from DALL-E, chart from TradingView.com