Bitcoin (CRYPTO: BTC) investors were taken on quite a ride in 2024. The historic rise was driven in large part by a major shift in investor sentiment: More and more, Bitcoin is seen as a legitimate part of a well-balanced portfolio. Last year began with a crucial development in Bitcoin's ascendance: the approval of spot Bitcoin exchange-traded funds (ETFs).
This week in crypto has been a rollercoaster. Bitcoin dipped below $88K and over $1.5 billion in liquidations shook the market. A huge $1.4 billion ETH hack on ByBit raised security concerns, while Sam Bankman-Fried’s surprise return to social media sparked speculation. But it’s not all bad news. The U.S. SEC just dropped its investigations into Uniswap Labs and Robinhood Crypto, signalling a massive shift in regulation.
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Let's take a look at one number that suggests there's a real chance of that happening. According to a survey of 800 people conducted by the Kraken cryptocurrency exchange and published on Feb. 19, 85% of crypto holders in the U.S. are invested in at least one meme coin.
A tentative thaw in ice-cold US-Russia relations is paving the way for American companies to do what, until recently, seemed unthinkable — return to the country three years after they left in droves.
To many investors, the question of whether Ethereum (CRYPTO: ETH) or Dogecoin (CRYPTO: DOGE) is more likely to turn an investment of $1,000 into $10,000 has an obvious (and wrong) answer. Many assume that the unpredictable skyrocketing of the dog-themed meme coin is the only way to capture the kind of growth that makes an investment grow 10-fold in value. Learning which of these two coins is the better option for long-term wealth-building is something that every investor should do.
Dogecoin surged 10.3% despite Elon Musk’s warning not to “bet the farm on a memecoin.”
The server manufacturer was delinquent on its annual financial and quarterly reports but met a Feb. 25 deadline set by Nasdaq to regain compliance.
