In the past week, SUI has seen fluctuating prices but generally an upward trend, backed by robust support levels and expectations of continued market volatility. Within the tech sector, SUI is gaining prominence, notably with recent developments like BitMateX’s introduction of the SUI public chain and collaboration with Karrier One. This partnership aims to merge […]
TL;DR Despite a recent price drop, analysts predict a significant rise in XRP’s value, with some forecasting record highs. Indicators like increased XRP transactions and wallet numbers suggest growing adoption. However, a bearish perspective exists, with predictions of a substantial price fall due to regulatory challenges. Will the XRP Army Cheer This Year? Despite recording […]
Shiba Inu whales have been gobbling up the recent dip in Shiba Inu, with on-chain data showing some accumulating an enormous 2.39 trillion SHIB between them. SHIB’s price has been on a downtrend since the beginning of the month, falling as low as 20% from the yearly open to reach $0.000008735 on January 8th. Although […]
Over the past decade, crypto assets, particularly Bitcoin, have showcased substantial growth. Despite a global economic slowdown, the cryptocurrency …
Polymarket recorded impressive jump in daily volume
Today’s session is marked by the expiration of cryptocurrency options, with approximately $2.4 billion in contracts ready to be settled or renewed. This event includes the expiration of around 36,000 Bitcoin (BTC) options contracts and 262,000 Ethereum (ETH) options contracts. The notional value of expiring Bitcoin options contracts today reaches $1.68 billion. There is a […]
The stocks of the cryptocurrency exchange Coinbase and Robinhood dropped following the recent approval of spot Bitcoin exchange-traded funds (ETFs). According to a report by CNBC, Coinbase experienced a decline of over 6% in its shares, while Robinhood recorded a decrease of more than 3%. The Securities and Exchange Commission’s (SEC) approval of rule changes […]
A widely followed crypto trader is warning that Bitcoin (BTC) could soon undergo an abrupt bearish trend reversal within days. Pseudonymous trader and crypto bear Capo tells his 792,900 followers on the social media platform X that Bitcoin could soon collapse to as low as $30,000. “Update. BTC reached $48,000-$50,000 and ETH $2,500-$2,600. A last […]
BlackRock chief executive Larry Fink is supporting the creation of spot Ethereum (ETH) exchange-traded funds (ETFs). In a new interview on CNBC’s Squawk Box, Fink says that after spot Bitcoin (BTC) ETFs were just approved by the U.S. Securities and Exchange Commission (SEC), it would be worthwhile for the agency to also approve spot ETH […]
Celestia is the star of the modular network in late 2023 after its airdrop and staking TIA has become a good way to receive airdrops. Celestia is a chain that a lot of people overlooked because, before the launch, there was not a lot of information about Celestia and the airdrop. However, in the fast-paced world […]
The United States Securities and Exchange Commission (SEC) finally approved the trading of spot Bitcoin exchange-trading funds (ETFs) Wednesday, as expected, but at least one SEC commissioner isn’t mincing words in describing the toll wrought by the long wait on the agency, investors, and the cryptocurrency industry. SEC Commissioner Hester Pierce, a longtime crypto advocate […]
It was all but inevitable. Within moments of the Securities and Exchange Commission’s historic approval of a spot Bitcoin ETF in the United States, Solana degens seized on the opportunity by creating a number of ETF-themed meme coins that immediately spiked to incredible highs before beginning to deflate minutes later. ETF, a Solana meme coin […]
BNB (BNB) and Solana (SOL) are the world’s fourth and fifth-largest cryptocurrencies by market capitalization. However, in 2024, growth investors won’t be looking at big-cap coins with little upside potential to skyrocket in value. Instead, they will be looking at opportunities to make eye-watering gains just as early-stage BNB (BNB) and Solana (SOL) investors did […]
Digital Currency Group (DCG) subsidiary – Genesis Global Trading – reached a settlement with the New York Department of Financial Services (NYDFS) on January 12th. Genesis will pay an $8 million penalty after an agency’s investigation found significant failings in anti-money laundering and cybersecurity programs. NYDFS said the compliance failures left the company vulnerable to […]
“Bitcoin's liquidity and trading volume can serve as an indicator of market participants' confidence and interest in the cryptocurrency,” highlights …
PlanB issued three bullish price targets for Bitcoin to watch out for
A rival of the leading smart contract platform by volume is soaring as the protocol’s total value locked (TVL) hits a new all-time high. In a new announcement, Ethereum (ETH) competitor and layer-1 blockchain Sui Network (SUI) says that its TVL has surged by 500% during the last three months and a staggering 1350% during […]
The decentralized cross-chain protocol Orbit Chain is allocating a hefty amount to identify the culprit who stole $81 million worth of crypto assets from the platform. In December, an attacker exploited the protocol’s cross-chain bridge and looted $30 million worth of USDT, $22.5 million worth of Ethereum (ETH), $10 million worth of DAI, $10.44 million […]
CoinShares International Limited has officially exercised its option to acquire Valkyrie Funds LLC, the US digital asset manager’s investment advisory business specializing in actively managed cryptocurrency exchange-traded funds (ETFs). This strategic move follows the recent approval by the US Securities and Exchange Commission for the issuance of Valkyrie’s spot Bitcoin ETF, The Valkyrie Bitcoin Fund. […]
According to Crypto trader Mags, Bitcoin, the flagship cryptocurrency, has recently demonstrated a notable +55% surge, breaking out from a smaller broadening wedge pattern. Mags shared insights on this significant price movement, observing Bitcoin’s breakout and suggesting a mid-term target at the “upper trendline resistance of a larger broadening wedge.” This surge notably results from […]
In the ongoing legal conflict between Ripple Labs Inc. and the SEC, both parties have filed new motions that highlight the current phase of the legal process. This development comes after a period of silence following the court’s scheduling order for this stage of the case. The SEC submitted a letter to Magistrate Sarah Netburn, […]
The US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF earlier this week, although in a slightly reluctant fashion. Now, speculations are starting to arise on when the agency will do the same in terms of an exchange-traded fund tracking the performance of the second-largest cryptocurrency. When ETH ETF? 2023 will go down […]
Venezuela discontinues its petro cryptocurrency, launched in 2018, due to a corruption scandal and low adoption.
A widely followed crypto analyst is diving into the top two digital assets by market cap after the historic US approval of spot Bitcoin (BTC) exchange-traded funds (ETFs). Crypto trader Michaël van de Poppe tells his 683,400 followers on the social media platform X that BTC’s next move is to stabilize, allowing Ethereum (ETH) to go on […]
For the second time this week, a message by U.S. Security and Exchange chair Gary Gensler was minted on the Bitcoin blockchain using Ordinals Inscriptions. After Gensler posted a letter on the agency’s website announcing the approval of several spot Bitcoin ETFs, its title—“Statement on the Approval of Spot Bitcoin Exchange-Traded Products”—was minted as Inscription […]
Grayscale Investments has applied for a covered call Bitcoin exchange-traded fund (ETF), amid the approval for its spot Bitcoin ETF among the bunch of 11 applications that were greenlit by the United States Securities and Exchange Commission (SEC) on Jan 10. What precisely do covered call Bitcoin ETFs entail, and do they represent a safer […]
Aside from ENS, which has stolen the show from Ethereum, ETC has joined the bullish party with an impressive gain in the last 24 hours. This has triggered a huge price explosion near its 17-month high. Following a solid bounce above $20 on the first day of the week, Ethereum Classic initiated a bigger move […]
Justin Sun expecting Bitcoin to reach eight billion people globally after ETF approval
Despite the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC), the South Korean Financial Services Commission (FSC) has stated that it would not permit the trading of cryptocurrencies on its local financial market. This decision, detailed in a press release yesterday (Thursday), sends a clear message that […]
Litecoin, a cryptocurrency often referred to as the “silver to Bitcoin’s gold,” is gaining traction among analysts who predict its potential to outperform Bitcoin shortly. Tony “the Bull,” a certified chartist and the Head of Research at NewsBTC, took to X on January 12, laying out a bullish outlook for the 18th most valuable cryptocurrency. Citing […]
Retail trading giant Robinhood has listed the newly approved spot Bitcoin (BTC) exchange-traded funds (ETFs). The 11 greenlit BTC ETFs became available to the company’s customers on Thursday morning in both retirement and brokerage accounts through Robinhood Financial, according to a new press release. Robinhood chief executive Vlad Tenev says the new Bitcoin financial products […]
CoinShares International is purchasing digital asset manager Valkyrie Funds after the U.S. Securities and Exchange Commission (SEC) approved the firm’s US spot market Bitcoin (BTC) exchange-traded fund. In a new press release, European digital investment group CoinShares says it’s venturing into the US by exercising its option to acquire Valkyrie Funds, a move the firm […]