In the largest and loudest transaction in history, SpaceX accepted DOGE as payment from Geometric Energy Corporation for launching a Dogecoin-style rocket to the moon (literally). The well-known expression “To the moon” means a sharp, almost “vertical” rise in the rate of any cryptocurrency. Geometric Energy Corporation took it literally and decided to send a…
Bitcoin price gained pace above USD 59,000, but it failed to extend its move to USD 60,000. BTC started a downside correction and traded below USD 58,500. It is currently (12:20 PM UTC) holding the USD 57,500 support and it still might rise again to test USD 60,000 in the near term. Besides, most major…
Sienna is a privacy-first and cross-chain DeFi platform. The Sienna Network, a privacy-focused, cross-chain decentralized finance (DeFi) platform, has raised $11.2 million in a private and public token sale. Of the total amount, $10 million came from long-term investors including NGC, Inclusion Capital, Lotus Capital, FBG, SkyVision Capital and others. Sienna is built on the…
Memes are extremely important in the crypto market. Dogecoin (DOGE) may be the best recent illustration of the power of memes in a market powered by a combination of scarcity and user demand (note: some memes are more sustainable than others), but every cryptocurrency has their own memes that proliferate around Crypto Twitter and other…
When Terrance Leonard first started seriously investing in the cryptocurrency space in 2019, his original goal was to achieve financial independence. But then his ideal home came on the market. Leonard, who works as a software engineer in Washington, D.C., already owned a row-home. But he wanted a home with a larger yard for his…
The market ended the week on a high note. Let’s look at a few top stock trades for next week. No. 1: Bitcoin (BTC-USD) Source: Chart courtesy of TrendSpider While altcoins continue to soar, Bitcoin (CCC:BTC-USD (https://investorplace.com/cryptocurrency/btc-usd/)) has had trouble advancing. The cryptocurrency looks like it’s trying to set up for a move higher, although…