The latest data reveals that the first Bitcoin (BTC) exchange-traded fund (ETF) registered its highest weekly trading volume since its inception. According to senior Bloomberg ETF analyst Eric Balchunas, BITO – the BTC futures ETF released by ProShares – recorded $1.7 billion in trading volume while the Grayscale Bitcoin Trust (GBTC) saw $800 million. Balchunas […]
Rising optimism in crypto has pushed institutional investors into making their largest allocation of capital into digital assets markets in over a year. In its latest report, Digital assets manager CoinShares says institutions put $326 million into crypto investment products last week, the largest weekly inflow since July of 2022. CoinShares says the inflows coincide […]
Let’s take a look what Bitcoin price history predicts for BTC in November as October ends with 27.1% surge
Crypto exchange-traded products saw $326 million in inflows during the week ending Oct. 27, according to a report from CoinShares.
The blockchain exploration and data analysis platform for the decentralized smart contracts network Avalanche C-Chain, Snowtrace, surprised its community with the announcement of its deactivation. The chosen closure date is November 30, 2023. The news of Snowtrace’s deactivation quickly resonated within the Avalanche community, sparking concern and speculations about the potential implications for the future. […]
The Chicago Mercantile Exchange (CME), a regulated financial marketplace, has made significant strides in the Bitcoin futures and perpetual futures market. According to data from Coinglass, CME’s notional open interest (OI), which refers to the US dollar value locked in active or open contracts, has surged to $3.54 billion. This surge has propelled CME from […]
[PRESS RELEASE – Victoria, Seychelles, October 30th, 2023] Bitget, the world’s largest crypto copy trading platform, is excited to announce the initial listing of Memecoin (MEMECOIN) on its platform. Memecoin will be listed in the Innovation Zone and Meme Zone on Nov 3rd 2023, providing traders with the opportunity to engage with this trending token. […]
In a compelling tale of persistence and financial prudence, a Reddit user embarked on a unique investment experiment, demonstrating the potential rewards of consistently investing small amounts, or dollar cost averaging, into Bitcoin. The Redditor, going by the handle u/Gorillahair2000, initiated an experiment to determine whether allocating just $5 per day into Bitcoin was a worthwhile endeavor, […]
Bitcoin has shown some impressive strength above the $34,000 mark despite a high amount of profit-taking from short-term holders. Bitcoin Short-Term Holders Are Selling, While Long-Term Holders Are Still Quiet As explained by analyst James V. Straten in a new post on X, the short-term holders are currently participating in one of the strongest profit-taking […]
A widely followed crypto analyst believes that Bitcoin (BTC) has officially entered bull market territory and is now primed for a rally toward $50,000. Trader Michaël van de Poppe tells his 669,700 followers on the social media platform X that the “Bitcoin bull market is here.” Van de Poppe predicts that Bitcoin will rally to […]
Mobile move-to-earn game Stepn has announced a new collaboration with electronic musician Steve Aoki to launch an exclusive collection of digital sneakers via Solana NFTs. The alliance is tied to the DJ’s A0K1VERSE, an NFT-based membership club that provides exclusive benefits to holders. The Steve Aoki x Stepn collection will include 300 collaborative sneakers available […]
During his ongoing criminal trial, Sam Bankman-Fried (SBF) faced some tough questions from New York prosecutors today (Monday). The once prominent figure in the crypto industry found himself cross-examined on his past statements and admissions, including derogatory remarks about certain crypto investors and comments on crypto regulation. The Financial Times reported that during the cross-examination, […]
In the dynamic and often chaotic world of cryptocurrency, there firms that have managed to survive through multiple crypto winters and earn the …
Shiba Inu seeing price drawdown, but this might be positive omen for revival
Open interest on Bitcoin options recently hit a year-to-date high, but what is fueling this newfound bullish sentiment?
Financial regulators in the United Kingdom are reportedly planning to legislate new regulations for the crypto industry in the country. According to Reuters, the UK Finance Ministry, Great Britain’s top financial regulator, plans to both develop and implement sweeping rules for regulating crypto. Great Britain is following in the footsteps of the European Union (EU), which […]
In a recent interview at Bitcoin Amsterdam, Gabriel Shipton discussed the anonymous group of activists known as Project Spartacus and his mission to secure the freedom of his brother, Julian Assange. In recent years, the intersection of technology and journalism has paved the way for groundbreaking initiatives. One such initiative is Project Spartacus, a revolutionary […]
The Shiba Inu burn initiative continues this week but with a drastic decline in volume. The latest figure which shows a decreased participation from investors could have long-running significant implications for the SHIB price. SHIB Burn Rate Drops From 7,700% Spike Over the last 24 hours, Shibburn has shown that the SHIB burn rate has […]
[PRESS RELEASE – Berlin, Germany, October 30th, 2023] Europe’s preeminent blockchain and Web3 assembly, the Next Block Expo (NBX), is thrilled to announce its return to Berlin on December 4-5th, 2023. Celebrated as a grand convergence of pioneers, investors, regulators, and innovators, NBX is once again set to highlight the realm of tech-driven networking and […]
… cryptocurrency by terrorists. It cited a report that the terror groups Hamas and Palestinian Islamic Jihad have raised more than $130 million in …
The estate of bankrupt crypto exchange FTX and its associated trading arm Alameda Research was seen moving almost $20 million in crypto assets over the weekend. First spotted by blockchain tracking firm Lookonchain, wallets belonging to FTX and Alameda moved a total of $19.4 million worth of crypto assets, largely made up of Solana (SOL) […]
Decentralized crypto exchange PancakeSwap now has portfolio manager functionality, according to an October 30 announcement. The feature has been added in partnership with decentralized finance (DeFi) protocol Bril Finance. The new feature allows PancakeSwap users to deposit tokens into single-asset vaults via the exchange’s user interface. Once the tokens are deposited, they go into a […]
Crypto investors claiming “my coins disappeared suddenly” have been found to recently download crypto applications from unverified sources.
When will rise of Binance Coin (BNB) continue?
Dogecoin (DOGE) continues its remarkable ascent in the cryptocurrency market, garnering attention from investors and enthusiasts alike. Over the past two years, DOGE has exhibited a strong affinity for an ascending trendline, which has played a pivotal role as a dynamic support mechanism. This trendline, indicative of the coin’s consistent upward trajectory, has become a […]
Zodia Custody is making its mark in Hong Kong as it extends its crypto security services to financial institutions in the region. Founded in 2020, the UK-based crypto arm of Standard Chartered aims to meet the institutional demand for crypto asset storage, making Hong Kong an ideal market. The move comes as part of Zodia’s […]
Additionally, atomic swaps promote decentralization in the cryptocurrency ecosystem by allowing traders to exchange different cryptocurrencies without …
TL;DR Bullish BTC Forecast: Josh Olszewicz predicts Bitcoin may reach $38,000 by year’s end, based on a chart placing BTC in a bullish zone between $33,500 and $35,000. Potential Price Retrace: If Bitcoin falls below the current resistance, it could retrace to around $31,000. Key Factors for Bull Run: Major drivers for a potential Bitcoin […]
Thailand’s second-largest lender by assets, Kasikornbank, is moving into crypto by acquiring a majority stake in the local crypto exchange Satang.
The Monetary Authority of Singapore (MAS) has launched Project Guardian by collaborating with 15 financial institutions, including the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (FINMA), and the United Kingdom’s Financial Conduct Authority (FCA). Lately, Singapore has been making significant progress in regulating the crypto assets. The launch of Project […]
Chainlink (LINK) price has stagnated at the $11 range as bulls struggle to extend the rally further. On-chain analysis pinpoints 3 critical metrics that could trigger a prolonged consolidation phase in the days ahead. Chainlink hit a 16-month peak of $11.50 during last week’s crypto market rally, but prices have stagnated since then. What are […]
Bitcoin evangelist Kiyosaki says it is time to wake up and get smart; here’s why he talks about SBF