Bitcoin spot exchange-traded funds (ETFs) recorded 700,000 individual trades in a single day
In a notable statement, BlackRock CEO Larry Fink has expressed a positive perspective on Bitcoin during an interview today with CNBC, affirming that it “is an asset that protects you.” “I believe it goes up if the world is frightened, if the people have fearful geopolitical risks, they’re fearful of their own risks,” said Fink. […]
Circle confidentially files for IPO in their second attempt after their previous deal was terminated in 2022. The team was previously valued at USD $9B, although that figure has likely changed since due to the ever-shifting market conditions. Circle joins Coinbase, Apex Fintech and Aspen Insurance as some of the crypto-based companies going (or already) […]
Elon Musk aims for human settlement on Mars by 2029 and envisions a self-sustainable Martian community by 2050, potentially using cryptocurrency for transactions. He suggests a Mars-specific adaptation of Bitcoin’s Lightning Network for limited use on Mars due to communication delays. X user Adam Back humorously proposes theoretically using a Dyson Sphere for Bitcoin mining, […]
FTT found support this week after retracing for two weeks. The price bounced back earlier today as it gears up for another leg up. A surge through the last month’s resistance could set the asset for a big rally. In late 2023, when the overall market started to pick up, FTT’s price recovered well and […]
Genesis Global Trading has agreed to a settlement with the New York Department of Financial Services (NYDFS). The company, known for its crypto lending services, will pay a fine of $8 million, relinquish the BitLicense obtained in 2018, and cease all operations in New York. This move followed an investigation by authorities in New York, […]
A notable shift in market sentiment has recently been observed, particularly around the Bitcoin spot Exchange-Traded Funds (ETF) narrative. YouTube analyst Crypto Banter, in a recent analysis, suggests that the initial excitement surrounding Bitcoin spot ETFs is waning, leading to a change in investor behavior. According to Crypto Banter, despite significant trading volumes in spot […]
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a Solana-based memecoin. The analyst pseudonymously known as Bluntz tells his 236,100 followers on the X social media platform that the dogwifhat (WIF) memecoin could potentially appreciate by approximately 359% from the current level. “If you think this ain’t going to $1 at […]
Crypto firms faced substantial regulatory action, collectively paying nearly $6 billion in fines primarily due to Anti-Money Laundering (AML) violations and deficiencies in customer checks last year. This marks a significant development, as crypto and fintech groups experienced higher fines for inadequate controls than the entire traditional financial system for the first time. Crypto-Related Fines […]
One of the smartest minds in the crypto industry is billionaire Mike Novogratz, the CEO of cryptocurrency investment firm Galaxy Digital Holdings …
Former Terra CEO, and issuer of the stablecoin TerraUSD, Do Kwon, has asked a U.S. court to postpone his Securities and Exchange Commission (SEC). The request comes amid delays in his extradition proceedings from Montenegro. Kwon’s counsel has formally asked the court to delay the trial until his arrival, which is expected to be in […]
In the dizzying world of cryptocurrencies, the BNB Beacon Chain Fusion stands out as an example of dynamism. This significant transition in the BNB Chain network architecture is being carefully managed through a series of clear monthly goals, marking a crucial milestone in the evolution of the blockchain ecosystem. Upcoming changes are coming to the […]
Have you ever looked at the stars and noticed how everything in the universe seems connected? Famous inventor and engineer, Nikola Tesla, thought that this connection is all about energy, how often things vibrate, and the way they move. I believe that as well; our perceptions of every aspect of life can be perceived as […]
The US will extract more money from American taxpayers and businesses as the government’s liabilities become too much to handle, according to a new forecast from JPMorgan Chase. Michael Cembalest, Chairman of Market and Investment Strategy for JPM’s Wealth and Asset Management branch, cites data from the Congressional Budget Office (CBO) that suggests all Federal […]
Cboe Digital has launched margined Bitcoin and Ether futures. Collaborating with industry giants like Blockfills, DV Trading LLC, Jump Trading Group, Marex, and Wedbush, Cboe Digital offers spot and leveraged derivatives trading on a single platform. Following the successful launch of financially settled margined contracts on Bitcoin and Ether, Cboe Digital aims to expand its […]
Compared to other meme coins and large caps in the crypto space, the Dogecoin performance has been quite lackluster, to say the least. Even as Bitcoin sets an out toward its previous highs, Dogecoin price has been muted. Bit this could change soon as one analyst sees a reversal coming. Dogecoin Price Has Entered The […]
Asset managers Vanguard and Merrill Lynch are not allowing customers to purchase spot Bitcoin ETFs. Vanguard claims Bitcoin does not align with its “investment philosophy”; the company founder has historically had a negative view of crypto. Lack of access driving customers away, some creating accounts with competitors. Several large asset managers are denying their customers […]
The aftermath of spot Bitcoin ETF has sparked a lot of positivity in the market as many altcoins resumed bullish this week. BCH just flipped through its recent high, charging strong for a bigger price movement. After exploding massively to $329 in June 2023, BCH lost momentum and later found support above the $165 level […]
Venezuela is putting an end to the petro cryptocurrency that President Nicolas Maduro launched six years ago to sidestep US sanctions, …
Bitcoin plummeted 10% below $42,000 on Friday, triggering $338 million worth of crypto market liquidations. The collapse erased most of the asset’s progress over the past month leading up to the approval of several Bitcoin spot ETFs for public trading in the United States. According to Coinglass, over 101,000 crypto traders have been liquidated in […]
OP_CHECKTEMPLATEVERIFY has once again become a focal point in the conversation about improvements to scale Bitcoin. This time around there are many more alternative designs for covenants being proposed, and actual concrete designs that make use of CTV as scaling solutions (Timeout Trees and Ark). The conversation has a much larger depth of concepts to […]
In a remarkable development in the cryptocurrency sphere, Bitcoin miners’ outflows have hit a six-year high. According to data from CryptoQuant, tens of thousands of Bitcoins, valued at over $1 billion, have been transferred to exchanges. A significant portion of Bitcoin has been transferred from the mining firm F2Pool. Bradley Park, an analyst at F2Pool, […]
BlackRock CEO Larry Fink has expressed interest in an Ethereum ETF following the successful launch of the company’s Bitcoin ETF. Fink stated that he sees value in introducing an Ethereum exchange-traded fund in the United States, following the robust performance of the Bitcoin product (IBIT) on its first trading day, reaching a trading volume of […]
Analyst reveals defined Bitcoin price ranges and impact of ETF approval
German football club Bayern Munich has solidified its presence in the crypto space by sealing a multi-year partnership with Austrian cryptocurrency company BitPanda. The deal, effective immediately, designates BitPanda as the new platinum partner and official crypto trading sponsor of the reigning German champions. Bayern Munich and BitPanda Forge Crypto Partnership The collaboration was officially […]
BNB price is holding gains above the $300 pivot level. It is showing positive signs and might rally toward the $350 resistance zone. BNB price is moving higher above the $300 resistance. The price is now trading near $310 and the 100 simple moving average (4 hours). There is a key declining channel or a […]
Bitcoin Spot ETF approved…finally What. A. Week. We knew the news was coming this week and whilst we were extremely confident of the outcome, the way it came about was unorthodox. On Wednesday, the SEC tweeted from their official Twitter account that they approved the spot Bitcoin ETFs, only deleting the tweet shortly after and […]
Shiba Inu (SHIB) investors who stuck with the project through its days of bearish trends are now reaping the benefits following its recent performances. This meme coin gained significant attention due to the massive burns of Shiba Inu tokens, which led to its increased value. Shiba Inu’s trading volume recently surpassed Ethereum’s (ETH) by over […]
Venezuela is discontinuing the petro cryptocurrency, introduced by President Nicolas Maduro six years ago as a means to circumvent US sanctions.
The top US-based crypto exchange platform is venturing into Africa after announcing that will be teaming up with Yellow Card, a leading African stablecoin exchange. In a new blog post, Coinbase says that as part of its plan to reach 20 countries on the continent, it’s partnering up with Yellow Card to provide millions of […]
Widely followed crypto trader Altcoin Sherpa is bullish on one altcoin operating in the Bitcoin (BTC) ecosystem. The pseudonymous analyst tells his 205,000 followers on the social media platform X that Stacks (STX) has more upside potential. “STX: entry at $1.75 or around there would be excellent. Eyes on this one. I think it’s really […]