SNORT, a new crypto coin, has become an increasingly hot topic, riding the wave of meme coin popularity. Meanwhile, Bitcoin's era speeds up with increased adoption of decentralized applications and a successful ICO for an unnamed coin, raising $1M in just five days.
BlackRock's iShares Bitcoin Trust impressively surpassed $70 billion in 341 days, setting a new ETF growth record. However, Bitcoin's hashrate fell by 9%, raising questions about the market's stability. Among the emerging coins,
Punisher Coin shows potential, with only 10% of its supply left in stage 4.
Bitmain ups the ante in the Bitcoin mining sector with a 1.16 PH/s mining capacity. Amidst these developments, financial expert
Jim Cramer advises buying Bitcoin over Coinbase stocks. Moreover, Bitcoin's price hovers around $105K, hinting at a potential breakout. Analysts attribute this traction not just to spot BTC ETF but also to macroeconomic forces. Altcoins are also expected to rally but only a select few will benefit. This market strength is further bolstered by big companies and personalities entering the crypto scene, including Trump's yet-to-be-confirmed meme coin. Amidst this, crypto industry insiders remind startups about the importance of sound technology along with their coins, pointing out that VC funding doesn't just rely on high market value. Lastly,
Pi Network steps into the spotlight, with debates around whether it's disrupting crypto or is just another coin.
JUST Coin News Analytics from Sat, 12 Oct 2024 07:00:00 GMT to Tue, 10 Jun 2025 22:41:15 GMT -
Rating -4
- Innovation -2
- Information 6
- Rumor -7
