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Driven by the wave of global informatization, the traditional telecom industry faces unprecedented challenges.
On the one hand, the upfront investment pressure of 5G continues to grow, while on the other, revenue model transformation has yet to materialize, resulting in a lackluster performance in value-added services. Revenue from traditional communications services continues to decline due...
Peter Schiff, a long-time economist and vocal critic of Bitcoin, has once again stirred the crypto pot. This time, he is targeting Trump Media...
The new Solana-based meme coin, Peanut the Squirrel (PNUT), has continued its impressive rally, climbing 128% in the past 24 hours. The PNUT token price hit a new all-time high of $2.49 early Thursday before experiencing a slight pullback. It is now trading at $2.13 amid a notable surge in trading activity.
As this newcomer gains traction and demand rises, the PNUT token appears well-...
For the first time since November 2021, Solana’s (SOL) price has retested the $220 level. This has fueled more speculation that the altcoin may be poised for new all-time highs.
Notably, the SOL charts across multiple timeframes lend support to this outlook. Here’s a closer look at the key indicators backing this prediction.
Solana Forms Bull Flag, Eye Massive Rally
On November 13, the...
John Thune, sponsor of a previous effort to give the CFTC regulatory jurisdiction over crypto, was voted the new Senate Majority Leader. From this position, he represents a growing pro-crypto movement in Congress.
Thune may attempt to empower the CFTC over crypto once again, but this is not his only option for friendlier regulations.
Thune’s Crypto History
According to recent reports,...
In a recent interview with Bloomberg, Galaxy CEO Mike Novogratz claimed that a US Bitcoin Reserve was unlikely to pass. Although he said such a law would push Bitcoin to $500,000, Novogratz believes that President Donald Trump will have insufficient Senate support.
Polymarket odds also rate the chance of passing as very low, but it only accepts bets on Trump accomplishing it very quickly...
Tesla, the electric vehicle giant, now holds Bitcoin worth over $1 billion, fueled by the current bull market. In February 2021, Tesla initially invested in Bitcoin, making headlines with one of the largest institutional buys in the cryptocurrency space.
Although the automaker sold part of its holdings, it retained a substantial stake in Bitcoin. Today, Tesla’s crypto investment has paid off...
Meme coins have taken the cryptocurrency market by storm, capturing investor attention with impressive gains. The rapid growth of meme coins like PEPE and PNUT has made them some of the best-performing digital assets.
Their volatility, combined with strong social media traction, is shifting investor sentiment toward these high-risk, high-reward tokens.
Meme Coins Take Over The Crypto...
The meme coin market continues to make waves, with coins like PEPE, Dogwifhat (WIF), and Bonk Inu (BONK) seeing strong performance. They are fueled by factors that crypto analyst Miles Deutscher believes will sustain this trend.
In a recent video, Deutscher highlighted two catalysts he sees as pivotal in driving meme coin momentum.
2 Catalyst That Could Sustain Meme Coin Dominance
First...
IBIT, BlackRock’s Bitcoin ETF, is now worth $42.56 billion in total assets. It accomplished this task in one-sixth as much time as any other ETF, a staggering record for growth speed.
BlackRock has also purchased BTC at an accelerated rate, with just under 9,000 in the last 24 hours.
BlackRock’s Speed Record
According to new data from Bloomberg analyst Eric Balchunas, BlackRock’s Bitcoin...