ZyCrypto

ZyCrypto is a prominent online platform dedicated to delivering the latest news and insights in the cryptocurrency sector. It covers daily updates, expert viewpoints, coin evaluations, and thorough reviews, among other topics. The site was established by a group of four passionate cryptocurrency lovers and fintech specialists. Its goal is to consistently provide the latest trends and captivating stories from the crypto landscape. This news portal was created to positively influence the crypto market, raising awareness and keeping the public informed about what’s happening in the crypto world. ZyCrypto is built on five essential principles: news integrity, user-friendliness, security, social engagement, and financial expertise. We believe these elements are crucial for offering a valuable and engaging service.

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Strategy Plans To Raise $250 Million Via Preferred Stock Sales To Fuel Stunning Bitcoin Buying Spree

2 weeks ago | zycrypto.com | Brenda Ngari

Advertisement &nbsp &nbspBitcoin giant Strategy wants to raise fresh capital by selling shares of preferred stock, with the proceeds earmarked for additional Bitcoin purchases. In a Monday filing with the Securities and Exchange Commission, the company said it intends to sell 2.5 million shares of its 10% Series A Stride Preferred Stock (STRD).
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2 weeks ago | zycrypto.com | Brenda Ngari
Ripple’s RLUSD Stablecoin Wins Key Regulatory Approval From Dubai’s Financial Watchdog

2 weeks ago | zycrypto.com | Brenda Ngari
Cardano Whales Strike Big: $126M Weekly Buying Spree as ADA Bulls Eye $2.91 Moonshot

2 weeks ago | zycrypto.com | Brian Njuguna

Advertisement &nbsp &nbspDespite slightly dropping below the psychological price of $0.70, Cardano (ADA) continues to traverse a strong demand zone. According to market analyst Lingrid, “ADA is testing a key support cluster with confluence from trendline and range lows.
Solana Leads in Daily Activity Despite Retracing in a Broadening Ascending Structure

2 weeks ago | zycrypto.com | Brian Njuguna

Advertisement &nbsp &nbspEven though Solana’s daily active addresses are going through the roof, the sixth-largest cryptocurrency based on market capitalization continues to witness a pullback. Crypto analyst Lingrid noted this development: “Solana is pulling back within a broadening ascending structure, now testing dynamic support near $160. Previous breakouts from flag formations suggest buyers may defend this zone. If support holds, a new leg toward the $190–200 target zone could unfold.
Elon Musk Announces Launch Of XChat - But Tech Experts Question Its Supposed ‘Bitcoin-Style’ Encryption

2 weeks ago | zycrypto.com | Brenda Ngari

Advertisement &nbsp &nbspEccentric tech billionaire Elon Musk, the owner of the X (formerly Twitter) social media platform, announced on Sunday the launch of a brand-new messaging feature called XChat. The feature touts capabilities such as encrypted conversations, vanishing messages, file transfers, and audio and video calls. However, Musk’s statement that XChat is built on a programming language called Rust with Bitcoin-style encryption confounded Bitcoiners.
Michael Saylor’s Strategy Grows Bitcoin Stash To Over $60 Billion With New Buy

2 weeks ago | zycrypto.com | Brenda Ngari

Advertisement &nbsp &nbspStrategy, formerly MicroStrategy, has added another Bitcoin lump to its massive reserve of the foremost cryptocurrency. According to a Securities and Exchange Commission filing, Strategy said on Monday that it had purchased $75 million worth of Bitcoin in cash between May 26 and June 1 at an average price of $106,495 per Bitcoin.
Metaplanet Buys Another 1,088 Bitcoin For $117 Million - Now Owns 8,888 BTC

2 weeks ago | zycrypto.com | Brenda Ngari

Advertisement &nbsp &nbspMetaplanet, the Tokyo-listed firm dubbed “Asia’s MicroStrategy,” has boosted its Bitcoin holdings with a fresh 1,088 BTC purchase, as it continues its aggressive strategy to promote Bitcoin adoption across Asia. According to a June 2 announcement, the Japanese investment firm said it acquired the Bitcoin at an average price of $108,400 per coin for a total of $117.5 million.
XRP ETF Approval Odds Skyrocket as World Economic Forum Backs XRP Ledger for Global Tokenization

2 weeks ago | zycrypto.com | Brian Njuguna

Advertisement &nbsp &nbspThe keying of an XRP exchange-traded fund (ETF) will legitimize the altcoin as an investment asset, so it is being awaited with bated breath. As a result, confidence about its approval is going through the roof, with Polymarket data showing that it has hit 84%. ETFs enable diversification at a low cost because investors are not required to purchase individual assets.
SharpLink Gaming Is Raising $1 Billion To Buy More Ethereum For Its Massive Treasury Bet

2 weeks ago | zycrypto.com | Brenda Ngari

Advertisement &nbsp &nbspSharpLink Gaming has filed with the US Securities and Exchange Commission (SEC) to sell shares of its common stock worth a staggering $1 billion in a bid to boost the holdings of its newly launched Ethereum treasury. The Minneapolis-based sports marketing company is joining others attempting to mirror the Bitcoin strategy pioneered by Michael Saylor’s Strategy (formerly known as MicroStrategy).