Posts

Showing posts with the label billion

2 cryptocurrencies to reach $50 billion market cap in August

Image
Amid recent market fluctuations, certain digital assets are poised for substantial growth in the near future. These cryptocurrencies have demonstrated resilience and a potential for rapid appreciation, positioning them for a possible market cap surge to $50 billion. In this context, Finbold has identified two altcoins, XRP (XRP) and Dogecoin (DOGE), that exhibit strong potential to reach this significant market cap milestone by the end of August. XRP (XRP) Currently priced at $0.5964 with a market cap of $33.39 billion, XRP has been consolidating around the $0.64 resistance level.  Picks for you Bullish letter: Democrat politicians urge the party to embrace a pro-crypto stance 2 hours ago AI sets Solana’s next record high after S...

2 cryptocurrencies to reach $10 billion market cap in July

Image
In recent weeks, the cryptocurrency market has shown mixed performance, with Bitcoin (BTC) stabilizing around $69,000 and the global market cap holding steady at $2.3 trillion.  Despite overall market stagnation, certain altcoins are showing resilience and potential for significant growth, particularly those aiming toward the $10 billion market cap milestone. Finbold has identified two cryptocurrencies poised to surpass this threshold by July, considering current market conditions and potential benefits from increased supply inflation. Picks for you Ethereum ETFs face a setback: 'One more round before approval' 1 hour ago Bitcoin enters 'a very critical', Here's the next play 1 hour ago ...

2 cryptocurrencies to reach $10 billion market cap in the second half of the year

Image
The crypto currency market experienced volatile trading last week, starting on a high note only to reverse course by week’s end. Initially, optimism surged as several analysts predicted Bitcoin (BTC) would reach new highs.  However, the release of robust U.S. job data on Friday altered the sentiment, resulting in a downturn in the crypto markets. Despite this, several cryptocurrencies are approaching significant market cap milestones, including the notable $10 billion mark. Picks for you Dormant Bitcoin whale awakes, turns $30M into $535M in 5 years 2 hours ago Ripple partners with the National Bank of Georgia to digitize the economy; What's next for XRP? 2 hours ago ...

BNB price prediction amid $1 billion token burn

Image
The BNB Foundation has successfully completed its 27th quarterly token burn, removing approximately 1.944 million BNB token s from circulation, valued at nearly $1.17 billion . This burn is a critical part of a broader strategy to enhance token scarcity and value, raising questions about the future pricing and stability of this key cryptocurrency. The 27th quarterly $BNB token burn has been completed directly on BNB Smart Chain (BSC) during the ongoing BNB Chain Fusion. 1.94M #BNB has been burned View burn details ️ https://t.co/N2pp3Lu5Sf pic.twitter.com/S9Jrm5eUdL — BNB Chain (@BNBCHAIN) April 24, 2024 BNB powers the BNB Chain ecosystem, acting as both a utility and governance token across various platforms, including the BNB Smart Chain , BNB L2 solutions, and BNB Greenfield. Its utility extends to enabling transactions and interactions with numerous projects built on these chains, further embedding BNB’s role within the blockchain infrastructure. Picks ...

US court approves $2.85 billion CFTC fine against Binance and CZ

Binance will pay $2.7 billion and its former CEO Changpeng Zhao $150 million. The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and CFTC. A US judge has approved the $2.7 billion and $150 million fine that Binance and former CEO Changpeng Zhao agreed to pay as settlement with the Commodity Futures Trading Commission (CFTC). The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and CFTC in November. Zhao also resigned as Binance CEO as part of the settlement, and later stepped down from the Binance.US board. Binance to pay $2.7 billion and Zhao $150 million A press release by the CFTC announced that Judge Manish Shah of the District Court for the Northern District of Illinois had issued an order approving the settlement and concluding the regulator’s enforcement action against Binance and CZ. Per the court order, Binance founder Zhao will pay a $150 million fine, while Binanc...

Scoop: Indicted billionaire Joe Lewis sold property to Sam Bankman-Fried

Image
Joe Lewis, the 86 year-old billionaire owner of football club Tottenham Hotspur, was forced to secure possibly the largest bail bond in history while facing insider trading charges, worth $300 million — about $50 million more than FTX founder Sam Bankman-Fried. In an interesting twist of fate, Lewis sold Bankman-Fried numerous properties located in the Bahamas worth upwards of $76 million through his company Tavistock. Lewis is accused of helping his ex-girlfriend — then 23 year-old Carolyn Carter — and his personal pilots invest in numerous biotech companies before positive news was announced publicly. The three individuals cumulatively profited over half a million dollars. Joe Lewis, Sam Bankman-Fried, and Jean Chalopin Lewis, who owns thousands of acres of land in Argentina and moved to the Bahamas as a “tax exile” in 1975, has put his $250 million superyacht and his private plane up as collateral for his extremely high bail bond. The billionaire is pleading not...