BlackRock executive Samara Cohen thinks Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) will be allocated to model portfolios by the end of this year and into 2025. Model portfolios are a basket of different investments crafted by a financial advisor, according to the financial services firm Morningstar. Cohen, BlackRock’s chief investment officer of ETFs […]

The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching goal being to bring inflation down to the […]

Discover why Bitcoin is being hailed as ultimate untamable force in finance, according to creator of USDT

The privately held stocks of Circle Internet Financial, the issuer of the USDC stablecoin, are trading between the valuation of $5 billion and $5.25 billion, according to a report by Coindesk, which cited “three people with knowledge of the matter.” The reported figure is a massive drop from the $9 billion valuation the company sought […]

The three Shariah-compliant cryptocurrency funds are the Halogen Shariah Bitcoin Fund, Halogen Shariah Ethereum Fund, and Halogen Shariah Crypto …

Render investors and traders continue their sell-off, following the broader market’s bearish attitude. After weeks of continuous bullish action, CoinGecko data shows that the market is down a few percent, translating to losses in the altcoin market. Although the environment brought gains to a number of tokens, it dragged several tokens, like Render, to the […]

TL;DR Bitcoin ETFs experienced an outflow of $18.3 million on July 30. BlackRock’s Ethereum ETF, ETHA, saw an inflow of $118.0 million, outperforming its Bitcoin counterpart. Total net inflows into BlackRock’s Bitcoin ETF, IBIT, surpassed $20 billion. On July 30, 2024, the exchange-traded funds (ETF) market showed a series of significant movements in relation to […]

TL;DR Tether reports record net operating profit of $1.3 billion for Q2 2024, bringing the total to $5.2 billion in the first half of the year. Tether’s exposure to U.S. Treasury bonds hit an all-time high of $97.6 billion, ranking 18th globally in Treasury ownership. The Group’s consolidated net worth is $11.9 billion as of […]

BlockDAG Team Reveal Comes into Play, Presale Reaches $63.9M; Are Fetch.ai and Dogecoin Investors Joining? Cryptocurrency often cloaks its key figures in secrecy, much like the elusive creator of Bitcoin, Satoshi Nakamoto. In contrast, BlockDAG shines with its commitment to openness and leadership quality, markedly differing from the secretive approaches of Dogecoin and Fetch.ai. The […]

Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago.

The Fear and Greed Index has fallen to 61, reflecting mixed market sentiment despite recent optimism at the Bitcoin 2024 conference. Major cryptocurrencies like Bitcoin and Ethereum recorded losses, while XRP stood out with a 7% gain. As Ethereum celebrates its ninth birthday, its price remains below previous highs, despite recent bullish forecasts and ETF […]

[PRESS RELEASE – Manchester, United Kingdom, July 31st, 2024] Registrations for Rootstock’s Quarterly Ecosystem Summit are now open On August 1st 2024, the Rootstock community will be coming together for its first Ecosystem Summit of 2024. This digital event, powered by RootstockLabs, is the first, of a planned quarterly, event where developers and users of […]

Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further turbulence ahead, particularly in light of upcoming Federal Reserve actions. QCP Capital Cites Heightened Volatility Ahead of Key Federal Reserve Decisions QCP Capital reports that […]

XRP price has rallied over 3% as major metrics turn bullish

Terra blockchain briefly halted operations on Wednesday before restarting it, following a $4 million exploit, Coindesk reported. This abrupt interruption resulted from a reentrancy attack that exploited a known vulnerability, leading to the theft of funds in various tokens. Exploit and Immediate Response On Wednesday, Terra developers identified an exploit in the blockchain that led […]

This bold prediction of Bitcoin reaching $2.9 million by 2050 could redefine your investment strategy.

BNB has demonstrated significant bullish momentum, with a positive candlestick crossing the 100-day Simple Moving Average (SMA) in the 4-hour timeframe. The previous market scenario reveals that the digital currency has faced multiple rejections at the $572 level.  This persistent resistance has cleared a path for the bulls to take charge and drive the price […]

A popular crypto analyst and trader thinks a trio of memecoins including Pepe (PEPE) are gearing up for big breakout rallies. Pseudonymous analyst Altcoin Sherpa tells his 219,100 followers on the social media platform X that Ethereum (ETH)-based altcoin PEPE and Solana (SOL)-based meme tokens dogwifhat (WIF) and Popcat (POPCAT) are threatening to take out their […]

Bitcoin continues to print lower highs on the daily chart since the BTC price all-time highs in March.

In recent developments, @jito_sol has seen remarkable growth, setting new records across several key metrics. The platform reached an all-time high in daily fees, totaling $3.19 million, and daily revenue, which amounted to $160,000. Notably, Jito served over 252,500 daily users, marking a significant milestone in user engagement. Concurrently, Jito manages over $2.2 billion in […]

Memecoins like PEPE and DOGE, with new additions like MEW, have surged in popularity this cycle. According to Miles Deutscher, a Bitcoin-memecoin portfolio has drastically outperformed those based solely on layer-1s, showing a 2,133% gain. Deutscher advises a 4-step plan for investing in memecoins, focusing on portfolio mix, monitoring, and gradual trading escalation. Memecoins have […]

[PRESS RELEASE – Manila, Philippines, July 31st, 2024] Venom Foundation is thrilled to announce that $VENOM is now listed on Coins.ph, the leading crypto platform in the Philippines with over 18 million users. This strategic move represents the next significant step in Venom’s global expansion efforts, particularly into the dynamic Southeast Asian market. Key Highlights […]

The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers and retailers. The British central bank is developing […]

Grayscale Bitcoin ETF share price plummets as clients keep withdrawing BTC

The European Securities and Markets Authority (ESMA) has released an Opinion concerning the authorization of global crypto firms under the Markets in Crypto Assets (MiCA) Regulation. This Opinion addresses the risks associated with crypto firms that seek EU authorization for activities such as crypto brokerage while keeping significant parts of their operations, such as intra-group […]

El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly …

Macro expert Luke Gromen says the winner of the November US presidential election can do something to effectively tame soaring inflation rates. In a new interview on the What Bitcoin Did YouTube channel, podcaster Peter McCormack asks Gromen what the next US president can do to strengthen the dollar and reverse the trajectory of “massive […]

The US government has reportedly moved more than $2 billion worth of Bitcoin (BTC) seized from the illicit online marketplace known as the Silk Road. The blockchain de-anonymizing platform Arkham Intelligence notes the government sent 10,000 BTC worth $669.35 million to one address and 19,800 BTC worth $1.33 billion to another. Arkham says the coin […]

The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the analysis posted on […]

The total value locked in liquid restaking tokens has risen over 8,300% since the beginning of 2024.

TL;DR BlackRock’s Decision: BlackRock, a major issuer of Bitcoin and Ethereum ETFs, has definitively ruled out launching a Solana ETF in the near future. Despite Solana’s rapid growth, BlackRock cites low demand and technical concerns as reasons for this decision. Investability Criteria: Samara Cohen, BlackRock’s CIO for ETF and Index Investments, emphasized that they evaluate […]

Bitcoin experienced a significant decline in new addresses at the beginning of June, reaching multi-year lows. However, this trend has reversed, with daily new addresses increasing by 35% since that low point, signaling renewed interest in the cryptocurrency. Bitcoin saw a significant dip in new addresses at the beginning of June, hitting multi-year lows. However, […]