BlackRock’s iShares Bitcoin Trust (IBIT) sets new record, becoming first US spot Bitcoin ETF to cross $1 billion mark in inflows
Cryptocurrency analyst and trader Michaël van de Poppe is turning bullish on decentralized oracle provider Chainlink (LINK). Van de Poppe tells his 685,200 followers on the X social media platform that LINK could soar by more than 90% from its current value. “LINK seems ready for continuation after sweeping the lows. As long as it […]
TrueUSD (TUSD) experienced a significant depreciation, dropping to as low as 97 cents, triggered by reports of traders liquidating over $300 million worth of the stablecoin, according to data from Binance. Binance’s announcement on January 15 about farming $MANTA by staking $BNB and $FDUSD, excluding $TUSD, played a pivotal role in the depreciation. Subsequently, TUSD […]
Kraken’s subsidiary, CF Benchmarks, is in talks with 50 firms seeking its services for spot Bitcoin exchange-traded fund (ETF) pricing. This development follows the recent approval of 11 spot Bitcoin ETF applications by the US Securities and Exchange Commission (SEC). According to a report by the Financial News, CF Benchmarks is providing data to major […]
The “Newborn Nine,” a group of recently launched Bitcoin Exchange-Traded Funds (Bitcoin ETFs), has amassed a staggering $2.87 billion in just four days. This rapid inflow of capital underscores the growing investor appetite for digital assets and the increasing mainstream acceptance of cryptocurrencies. The “Newborn Nine” refers to the nine Bitcoin ETFs that have recently […]
HodlX Guest Post Submit Your Post In 2023, the market for tokenized business assets grew by between 16% and 23% in CAGR (compound annual growth rate). Still, even the most optimistic valuations agree that tokenized assets currently account for less than 11% of crypto’s total valuation. While some dub tokenization a failed technology, the macro […]
The JPMorgan Chase CEO says that he won't comment on Bitcoin anymore, but he threw at least one more parting jab at the cryptocurrency.
Binance issues important alert to crypto futures traders
Crypto analyst The Crypto Dog has provided a bullish narrative for the Injective (INJ) token. As part of his insights, the analyst hinted that the crypto token could outperform Bitcoin soon enough. Injective To Breakout Against Bitcoin In an X (formerly Twitter) post, The Crypto Dog shared an INJ/BTC chart while hinting that an “incredibly […]
[PRESS RELEASE – London, United Kingdom, January 18th, 2024] Minutes Network, the new blockchain-based wholesale voice termination service provider is pleased to announce a new collaboration with Next Communications, Inc., a prominent USA wholesale voice communications aggregator, established in 1998, and responsible for terminating over 100 million minutes of international voice traffic annually. The new […]
FTX targets SBF’s parents, Joseph Bankman and Barbara Fried, in lawsuit seeking USD $10M cash gift and $16M Bahamas property. FTX alleges parents were company insiders, responsible for questionable donations and directing business payments Bankman and Fried deny all claims, suggesting they are just victims of circumstance and were not involved in defrauding FTX customers […]
Bitfinex, a digital asset trading platform, has partnered with Synonym to introduce a feature that simplifies and accelerates Lightning Network transactions. This collaboration aims to enhance customer experience by eliminating the complexities associated with establishing Lightning channels for instant deposits, withdrawals, and payments. Bitfinex’s Enhanced Lightning Channel Feature The new Lightning Channel feature, powered by […]
Following the recent milestone of Bitcoin Spot ETF approval, altcoins are displaying notable divergence in market dynamics: Ethereum Name Service (ENS) has witnessed an impressive surge, marking a remarkable 163% gain in the last month. ENS, propelled by positive remarks from Ethereum founder Vitalik Buterin, reached a peak of $27 last week. The 24-hour trading […]
Can DOGE, SHIB or BONK rise by end of week?
Renowned macroeconomist Henrik Zeberg has set the financial world abuzz with a stark prognosis on X (formerly Twitter), forecasting a dramatic surge in the Bitcoin price to a peak of $115,000 to $150,000. However, this meteoric rise is predicted to find an abrupt end, caused by a devastating macroeconomic downturn, one that Zeberg anticipates will […]
The cryptocurrency space is full of rags-to-riches stories. Countless early investors have made millions of dollars in just a few days…
Ethereum (ETH) has shown unexpected resilience in its staking rate, surpassing 24% of the total supply, according to CryptoQuant founder and CEO Ki Young Ju. This comes despite initial expectations of a significant decrease in the staking rate after the implementation of the Shapella hard fork. Ethereum’s Shapella hard fork was activated in April 2023, […]
TL;DR Shiba Inu experienced a substantial increase in its token burn rate, but its price continues to decline. Shibarium saw a rise in daily transactions, signaling growth in the meme coin’s ecosystem. Burn Rate Goes Through the Roof The popular meme coin – Shiba Inu – witnessed a burn rate increase of nearly 3,000% in the past […]
In a court hearing scheduled for Wednesday, Coinbase, is set to argue that the US Securities and Exchange Commission (SEC) should drop its case against the platform. Coinbase contends that the tokens traded on its platform are not comparable to securities, and therefore, the SEC’s regulatory overreach should be dismissed. Allegations and Arguments: Lawsuit Targets […]
The head of digital assets research at investing giant VanEck Matthew Sigel is expressing bullish sentiment on Bitcoin (BTC). In an appearance on the Unchained podcast, Sigel says that Bitcoin could soar above the all-time high of around $69,044 this year. “So this year looks like a solid year. We think Bitcoin will make an […]
Jamie Dimon, CEO of JPMorgan, continues his stance against Bitcoin, linking it to illicit activities. Bitcoin’s value dropped below the significant threshold of USD $43,000, currently trading at USD $42,632. Experienced traders advise focusing beyond short-term market fluctuations, maintaining a bullish outlook for Bitcoin and the broader crypto market. “Please Stop Talking About this Sh*t” […]
Ran Neuner made predictions for three top altcoins, highlighting Bittensor (TAO) as a promising investment despite its recent 15% drop, with potential to reach up to USD $385. He also views Render (RNDR) positively, citing the upcoming release of Apple’s VR headset in the US as a bullish factor that could increase Render’s network adoption […]
Ethereum whale just shook crypto world by amassing 606.36 billion Shiba Inu tokens in whirlwind 24-hour buying spree
News of the SEC’s approval of ETFs has been a major talking point in the crypto industry lately. Cryptocurrencies like Bitcoin (BTC) and Cardano (ADA) could benefit massively from this new development. But what makes Pushd (PUSHD) a potentially better investment than these coins? Let’s find out. Bitcoin (BTC) – Anticipating significant progress With Bitcoin […]
Data shows the Bitcoin NVT Golden Cross indicator has recently dipped inside the undervalued zone, a sign that could be bullish for the price. Bitcoin NVT Golden Cross Has Entered The Bullish Territory An analyst in a CryptoQuant Quicktake post explained that the NVT Golden Cross has recently indicated upside potential. The “Network Value to […]
Edmonton man and his cryptocurrency company sanctioned for breaching Alberta securities laws · Devon Christopher Edwards and KB Crypto Inc. ordered to …
Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC as a mainstream investment vehicle. As reported by The Block, Bitcoin’s ascent to becoming the second-largest […]
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Ethereum (ETH) competitor Solana (SOL). The analyst pseudonymously known as Bluntz tells his 237,000 followers on the social media platform X that Solana might soar more than 39% from its current value. “I think SOL might be gearing up for a leg up […]
A widely followed crypto analyst and trader is bullish on a top-100 altcoin by market cap. The analyst pseudonymously known as Altcoin Sherpa tells his 205,600 followers on the X social media platform that he feels “very strongly” that the native token of the non-fungible token (NFT) marketplace and aggregator platform Blur (BLUR) will exceed […]
The Bitcoin hashrate has experienced a 25% drop since the weekend, raising concerns about the security of the network just ahead of the highly anticipated “halving” event. Data sourced from BTC.com reveals a decline in global hashrate estimates from approximately 600 EH/s on Friday to 450 EH/s by Tuesday. Texas Cold Weather Affects Bitcoin Hashrate […]
Confidence in the Grayscale Bitcoin Trust (GBTC) is on the decline; in recent days, it has experienced significant fund outflows, totaling $1.18 billion, according to recent reports. The current week has witnessed a notable acceleration in this trend, with a fund withdrawal of $424 million, as reported by James Butterfill, an analyst at CoinShares. The […]
The asset management firm VanEck will close and liquidate its Bitcoin strategy exchange-traded fund, which tracks the performance of Bitcoin futures, following the approval and listing of much-anticipated spot Bitcoin ETFs. No Place for Futures Bitcoin ETFs Announced yesterday (Wednesday), the Bitcoin futures-based ETF will continue to list on the Cboe BZX Exchange until 30 […]