Author: CryptooTimes
Robinhood’s (HOOD) Bitstamp Deal is Strategic And Brings Added Institutional Exposure: Bernstein
Exchanges offer a wide range of services such as staking, stablecoins, trading, custody and prime broking, the note said. The acquisition of Bitstamp potentially allows Robinhood to offer a wider range of crypto products to a more institutional client base. Bernstein has an outperform rating on Robinhood stock with a $30 price target. The shares were little changed in early trading on Friday at around $23. Source link
StarkWare says its plan to expand its scaling technology to the Bitcoin network won’t result in forking Starknet or making a new token. StarkWare, the developer behind Starknet, clarified that its primary focus remains on scaling Ethereum through the use of validity rollups and ZK proofs even despite its efforts to bring scalability solutions to the Bitcoin ecosystem. We know that you are as excited as we are to see what Starknet over Bitcoin means!So, let’s clarify things Starknet will continue focusing on scaling Ethereum like we’ve done since launching its first Validity Rollup. We will notably continue our work…
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022-23, Sandbox announced that it has added over 330,000 unique creators. Source link
“It is only a matter of time until bitcoin makes a new all-time high. The head-and-shoulders formation suggests a rally towards 83,000 soon, with the resistance line likely broken within the next few days. The ideal time for this resistance to break is either today, Friday, June 7, or next week, Wednesday, June 12,” Markus Thielen, founder of 10x Research, said in a note shared with CoinDesk. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Brett surpasses $1 billion market cap, while Rollblock gains investor attention alongside rising stars Pepe, Bonk, and Floki. Brett (BRETT) has begun climbing the charts and has stolen the limelight from competing projects, which could position it as a major player, especially as it broke above the $1 billion mark according to CoinGecko data. In the meantime, Pepe (PEPE), Bonk (BONK) and Floki (FLOKI) have all displayed bullish on-chart metrics, which could enable them to recover and kick back…
Web3 social media platform Twetch, a competitor of X running on the Bitcoin SV blockchain, shut down operations on June 6. Source link
Over $5 billion in open interest has been added since Monday, Coinglass data shows, while BTC prices have risen from the $68,500 level to $71,000 in the period. Of the $37.7 billion, traditional finance powerhouse Chicago Mercantile Exchange (CME) holds the highest bets at $11 billion, followed by crypto exchange Binance at $8 billion. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana (SOL) and FLOKI see slight dips, while Rebel Satoshi (RBLZ) trends as a top memecoin with 25x profit potential. Cryptocurrency experts have advised that it is best to choose ICOs ahead of top altcoins like Solana (SOL) and FLOKI for profitable investments amid market consolidation. As a result, investors are flocking to Rebel Satoshi (RBLZ), which continues to surmount expectations as it continues to thrive on major crypto exchanges. PayPal USD goes live on Solana In its long-running…
“This is not a fake, this is a real giveaway. I personally guarantee it to you,” one of 35 deepfake versions of Elon Musk promised. Source link
GameStop-Inspired Solana Memecoin Soars Over 80% as Roaring Kitty Flashes $586M Worth of GME Position
The action rippled through the digital asset market, too. Solana-based meme token GME, which was inspired by GameStop but has no affiliation with the company, surged more than 80% over the past 24 hours, CoinGecko data shows, despite the broader crypto market pulling back. The micro-cap AMC token, which shares the name of the troubled movie theater chain but similarly has no affiliation, also jumped 83%. Source link