Solana vs. Meme Moguls, which is the better investment for the new year? With 2024 almost here, most investors expect the bull season to really take off. Not that 2023 was bad news for the Solana price. Of all altcoins, SOL crypto led the 2023 market with mesmerizing 700% gains, leaving pretty much all in […]
Bitcoin experienced a substantial correction following the approval and listing of the much-hyped 11 spot Bitcoin exchange-traded funds (ETFs) in the United States. At one point on Friday, the cryptocurrency’s value decreased by approximately 10 percent, falling from the previous day’s peak of $49,000 to below $42,000. However, it has since rebounded and is currently […]
Skybridge Capital founder Anthony Scaramucci says that Bitcoin’s (BTC) recent correction is likely due to investors selling off their holdings in Grayscale Bitcoin Trust (GBTC). Shares of GBTC were converted from a trust into an exchange-traded fund (ETF) after receiving approval from the U.S. Securities and Exchange Commission (SEC) last week. Scaramucci says that his […]
Chainlink’s LINK price is moving higher above the $15.00 resistance. The price is now up over 5% and might aim for a move toward the $18.00 resistance. Chainlink price is showing positive signs above $14.50 against the US dollar. The price is trading above the $15.00 level and the 100 simple moving average (4 hours). […]
Vance Spencer, co-founder and GP of Framework Ventures, indicates some bold predictions for next 24 months in crypto
Google has removed several cryptocurrency platforms from its Indian Play store. The move comes amid a crackdown on digital asset companies by the …
Bitcoin (BTC) and Ethereum (ETH) are currently following a pattern similar to previous years, during which their prices surged by 500% and 1,000%, respectively, according to the latest research report by Coinbase Research and Glassnode. The observation draws parallels between the ongoing crypto market cycle and the period from 2018 to 2022, characterized by substantial […]
Prominent analytics firm IntoTheBlock says that traders are operating under the assumption that Ethereum (ETH) will be the next crypto asset to get a spot market exchange-traded fund (ETF). In a new analysis, IntoTheBlock’s Lucas Outumuro says that Ethereum has significantly outperformed Bitcoin in the last few days following the “fake” approval of spot-based BTC […]
A crypto trader who accurately called Bitcoin’s 2022 market bottom is laying out a roadmap for BTC to reach a price tag of $90,000. In a new strategy session, top crypto analyst DonAlt tells his 56,400 YouTube subscribers that in a bullish scenario following the approval of spot market Bitcoin exchange-traded funds (ETFs), BTC will […]
After many years of keeping cryptocurrencies off its official radar, the Polish Financial Supervision Authority (KNF) plans to start supervising digital assets by the end of this year. As Finance Magnates learned, the Polish government plans to present a bill on this matter in the second quarter of this year. For the local industry, this […]
BlackRock CEO Larry Fink said crypto ETFs are step one of a technological revolution of financial markets, ending with the tokenisation of all financial assets. Fink said tokenisation could combat corruption, reducing fraud and increasing trust in financial markets. After years of doubt, Fink is now a Bitcoin believer, saying it acts as a store […]
The crypto world is constantly evolving, with trends shifting as fast as the market moves. Dogecoin (DOGE) and Shiba Inu (SHIB) were among the beneficiaries of the last halving and bull run in 2020-2021, soaring to eye-watering heights and minting millionaires out of investors who bought in with their pocket change. However, in 2024, the […]
The Bitcoin market is experiencing a period of adjustment following the much-anticipated launch of US spot ETFs last week. After a surge to a two-year high near $49,000, the leading cryptocurrency has pulled back over the past four days, currently trading at $42,588 with a market capitalization of $834 billion. This correction presents an opportunity […]
How long will fall of DOGE, SHIB and BONK last?
The global cryptocurrency market is projected to grow from $910.3 million in 2021 to $1,902.5 million in 2028 at a CAGR of 11.1% in 2021-2028, as per …
A widely followed crypto analyst believes that altcoins are about to take center stage as Bitcoin (BTC) enters a period of consolidation. Analyst Michaël van de Poppe tells his 684,700 followers on the social media platform X that the approval of spot Bitcoin exchange-traded funds (ETFs) might mean that BTC has already printed a short-term […]
1inch experienced a substantial surge in volumes and market dominance in the fourth quarter of last year amidst a broader market resurgence, According to Messari’s report, the popular DEX aggregator recorded over $30 billion in executed volume and a commanding 64% share of the Ethereum DEX aggregator market. The nearly doubled volume from external sources […]
The Federal Police of Brazil arrested one person last week in connection with a massive money laundering racket suspected of having moved $2.6 billion in illegal proceeds through crypto assets, the Brazilian edition of CNN reported. Mastermind Behind a Massive Money Laundering Operation The person was arrested on January 7 at Guarulhos Airport in São […]
A transaction involving a whopping 25.6 billion XRP (valued at nearly $15 billion), nearly half of the total circulating supply of approximately 54.26 billion, raised alarm within the crypto sector in the late evening of January 14. The transfer was reported to have originated from an unknown wallet to the cryptocurrency exchange Bitfinex. Were 25.6 […]
In discussing the Bitcoin ETF Launch, Raoul Pal and Ran Neuner suggest not to worry about initial market reactions at these early stages. Henrik Zeberg predicts an impending recession driven by misplaced optimism and a fragile labour market, anticipating a complex cycle of deflation, market bounce, and stagnation. Raoul Pal, contrasting that outlook, believes the […]
Australia previously offered Spot Bitcoin ETFs, traded not on the ASX but on Cboe Australia, with modest assets under management compared to US equivalents. It remains to be seen if growing interest in crypto ETFs will revive these products. In the Spot Bitcoin ETF market, the US offers low fees due to intense competition, while […]
Despite the latest decrease in the market cap, causing most altcoins to dip, SUI defied odd and posted an impressive gain overnight. Following the latest surge in volatility, it is leading the altcoins rally at the time of writing. After taking off from $0.37 late last year, SUI increased steadily for three months and reached […]
Major Bitcoin proponent Mow poked fun at Elon Musk and his Bitcoin criticism
Binance got a show cause notice by FIU after non compliance with Indian laws. Binance, which is one of the world's largest cryptocurrency exchanges, …
Amidst a challenging backdrop where the crypto spot market witnessed its lowest activity levels in over four years, the downturn created a daunting scenario for centralized exchanges and market makers, exacerbated by the collapse of Sam Bankman-Fried’s FTX in November 2022. This incident had a profound impact on investor trust in centralized entities, casting a […]
On Wednesday, January 10, the US Securities and Exchange Commission (SEC) finally approved the launch of spot Bitcoin ETFs, representing a remarkable event in US trading history. So far, market data on these investment funds have confirmed theories of increased institutional demand for Bitcoin, with over $800 million in total net inflows and $3.6 billion […]
Real battle emerges for bulls as SHIB on verge of adding zero
Similarly, cryptocurrency investment firm Mudrex, founded in 2018, is struggling to stay afloat in India. Due to regulatory compliances, it too has …
Following recent breakdowns of key support levels, Link bounced back a bit but finds it difficult to push above the $16 level. It initiated another leg down this week, aiming a lower price levels in the upcoming week. In late December, Link initiated a drop after failing to increase above the $17.67 level. After days […]
Macroeconomics guru Lyn Alden believes that the ongoing Bitcoin bull market is still intact as long-term holders refuse to sell even after BTC’s year-long rally. In a new interview on crypto influencer Natalie Brunell’s YouTube channel, Alden says that BTC is in the very early stages of its structural bull run. The macro guru highlights […]
TL;DR Solana’s native token SOL had a remarkable 2023, surging over 1,000% and exceeding $100. Analysts on Twitter, like Ali and JAKE, foresee potential SOL gains within the following months. Trader Alex Krüger suggests the possibility of a Solana ETF in the US next year, which could attract more capital into the ecosystem. Is SOL […]
Ethereum has staged a remarkable coup, outshining Bitcoin with a 14% surge in just two weeks. This week, the digital currency shattered a key psychological barrier, surpassing $2,600 for the first time since May 2022. This decisive breach, backed by strong fundamentals and an increasingly bullish sentiment, could pave the way for Ethereum’s ascent to […]