The Last Refuge of Humanity
As the climate crisis worsens, a new economy is emerging: cryptocurrency. It's a system that rewards those who prioritize profit over people and planet, perpetuating inequality and environmental destruction.
As the climate crisis worsens, a new economy is emerging: cryptocurrency. It's a system that rewards those who prioritize profit over people and planet, perpetuating inequality and environmental destruction.
Investors are flocking to "meme stocks" as a new trend emerges. These stocks, often small-cap or penny stocks, are gaining popularity on social media platforms like TikTok and Reddit. The trend is driven by individual investors, rather than institutional ones, and is characterized by rapid price swings and high trading volumes.
As the stablecoin market grows, a predicted 1 trillion supply by 2025 could drive a crypto rally in 2025. Stablecoins' stability and usability could attract more institutional investors, increasing demand for riskier assets. This influx of capital could push up cryptocurrency prices, making 2025 a potentially bullish year for crypto.
Ripple's XRP and Shiba Inu are two popular meme coins. XRP is a well-established digital asset with a large market cap, while Shiba Inu is a newer, community-driven coin with a smaller market cap. XRP is known for its fast transaction times and low fees, making it a popular choice for cross-border payments. Shiba Inu, on the other hand, is known for its high liquidity and strong community support.
Bitcoin's price has resisted macroeconomic pressure, diverging from the stock market's downturn. Despite global economic concerns, BTC's value has remained relatively stable, with some analysts attributing this to its perceived safe-haven status. The cryptocurrency's volatility has decreased, and its correlation with traditional assets has weakened, suggesting a potential shift in investor sentiment.
Grayscale's Bitcoin Mini Trust (NYSE: ARCABTC) shares were sold by Corient Private Wealth LLC, a registered investment advisor. The sale was disclosed in a Form 4 filing with the SEC, revealing Corient's ownership stake in the trust.
NAYG, a cryptocurrency firm, is suing Galaxy Digital for allegedly using "lawfare" tactics to discredit them. The lawsuit claims Galaxy Digital's CEO, Mike Novogratz, and former Trump advisor Anthony Scaramucci engaged in a smear campaign against NAYG.
When considering Solana or Ethereum, it's crucial to understand their differences. Solana, a newer blockchain, focuses on speed and scalability, making it suitable for high-traffic applications. Ethereum, a more established blockchain, prioritizes smart contracts and decentralized applications. Consider your investment goals and risk tolerance to determine which one aligns with your needs.
CIBC World Markets Corp. invests $33,000 in Bit Digital Inc. (Nasdaq: BTBT), a US-based cryptocurrency mining company. The investment aims to support Bit Digital's growth and expansion in the digital asset mining industry.
T-Mobile ordered to pay $33 million after a SIM swap hack leads to $38 million in cryptocurrency theft. Hackers exploited a weakness in T-Mobile's system, allowing them to swap SIM cards and access customers' accounts, resulting in the theft of cryptocurrencies.
Commonwealth Equity Services LLC acquired 27,324 shares of Mara Holdings Inc (NASDAQ:MARA), increasing its stake in the company.
Avax, a token on the Binance Smart Chain, is benefiting from Bitcoin's recent gains. As Bitcoin's price surged, Avax's value also increased, with some analysts attributing this to the token's decentralized finance (DeFi) use cases. The GameStop update, which allowed users to buy and sell stocks using Avax, further boosted the token's popularity.
Hightower Advisors LLC sold 11,899 shares of ProShares Bitcoin ETF (BITO) on March 27, reducing its stake to 24,399 shares. The sale was made through the NYSE Arca.
Theora 1.2.0, an open-source video codec, has been released. This update brings improved performance, better support for large frames, and enhanced error resilience. Theora is a popular alternative to proprietary codecs like H.264 and VP8.
Trump's cryptocurrency empire, Digital World Acquisition Corp, is set to expand with new stablecoin and investment fund offerings. The company plans to list a stablecoin on major exchanges, allowing users to buy and sell cryptocurrencies pegged to the US dollar. Additionally, a new investment fund will be launched to provide exposure to a diversified portfolio of cryptocurrencies.
Renowned analyst Benjamin Cowen issues a warning about Bitcoin's death cross, a bearish signal indicating a potential price drop. He believes the cryptocurrency's recent uptrend is unsustainable and a correction is imminent. Cowen suggests investors should be cautious and consider hedging their positions.
The STKDBTGD ETF, which tracks the performance of Bitcoin and Gold, has seen its stock price drop 3.1%. The decline is attributed to a surge in Gold prices, which has led to a decrease in the ETF's exposure to Bitcoin.
Bitcoin OTC desks are draining supply, creating a supply squeeze on the horizon. As institutional investors and whales offload their Bitcoin, OTC desks are absorbing the supply, reducing the amount available for spot trading. This could lead to a surge in prices as demand outstrips supply.
The article highlights promising cryptocurrency and stocks to watch, including Coinbase, Block, and PayPal. It also mentions the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs).
The article highlights top-performing stocks and cryptocurrencies for the week ending March 27th. Bitcoin surged 12.5% as institutional investors and retail traders alike piled in. Other notable stocks include Shopify, up 10.4%, and Zoom, up 9.5%. The article also touches on market trends and what to watch for in the coming weeks.