Ethereum (ETH) price might soon ‘teleport’ to pre-Terra collapse levels, trader Jacob Canfield says

One of ARK Invest’s exchange-traded funds, the ARK Next Generation Internet ETF, has sold 2.25 million shares from the Grayscale Bitcoin Trust (GBTC). The fund acquired 4.32 million ProShares Bitcoin Strategy ETF (BITO) and 20,000 shares of the ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) in the same fell swoop. ARK Invest CEO Cathie […]

Tron appeared bullish but has remained stalled after rising to a two-year high in November. The price currently looks indecisive as it reached a tight trading zone on the daily. It may soon break out of this symmetry triangle. Increasing by more than 100% in the past year, TRX tested the $0.11 range for the […]

Former Goldman Sachs executive Raoul Pal believes that the crypto bull market cycle has only just begun despite the large digital asset gains of 2023. Pal tells the 22,000 subscribers of his YouTube channel that the bull market cycle could last for years and cause Bitcoin (BTC) to potentially soar to a high of $1 […]

As the year 2023 draws to a close, the cryptocurrency world is bracing for a pivotal moment, as Bitcoin and Ethereum options contracts, valued at a staggering $11 billion, are set to expire on Deribit, marking the Largest expiration in exchange history. This increase in options trading volume has propelled Bitcoin to an all-time high, […]

Hong Kong authorities have revealed plans to regulate over-the-counter (OTC) cryptocurrency exchanges, amid calls for action from a lawmaker after …

Newly launched Bitcoin tokens platform BRC20.com has raised $1.5 million in funding led by UTXO Management, the asset management arm of Bitcoin Magazine’s parent company BTC Inc. The round included support from Zanshin Capital Management, Unbroken Chain, One Block Capital, Sora Ventures, OWL Ventures, Bitcoin Frontier Fund, Hamble and New Tribe Capital. The investment comes […]

In the whirlwind landscape of cryptocurrency, the Mina Protocol has taken center stage with an extraordinary 47% surge in its native token, MINA, within the past week. Currently riding high at $1.40, a level not witnessed since May 2022, MINA’s impressive rally has ignited contemplation among investors: Can it breach the elusive $2 mark in […]

ARK Invest – the institutional asset management firm led by Cathie Wood – made a significant move by liquidating all of its remaining holdings in the Grayscale Bitcoin Trust (GBTC), totaling $200 million. In the previous month, GBTC stood as the largest holding in ARK’s Next Generation Internet ETF. However, the asset management firm has […]

Has price of Binance Coin (BNB) reached overbought zone yet?

The troubled crypto exchange Bitzlato has suspended withdrawals and technical support to its customers, calling it a “temporary measure.” The suspension occurred weeks after the co-founder and former CEO of the exchange, Anatoly Legkodymov, pled guilty and agreed to dissolve the crypto exchange. A Deliberate Move or Forced? “At the moment, we are faced with […]

A closely followed crypto trader says that one layer-2 scaling solution still has more upside potential after a big rally. Pseudonymous trader The Flow Horse tells his 194,500 followers on the social media platform X that Polygon (MATIC) competitor Optimism (OP) is likely heading higher after a retest at the $3.45 level. “Another one that […]

Bitcoin (BTC), large and lesser-known altcoins experienced substantial growth in December, with many altcoins achieving new yearly or all-time highs. This analysis by BeInCrypto focuses on lesser-known altcoins exhibiting bullish patterns, suggesting the potential for significant gains in the coming month. The examination specifically targets coins ranked between 150th and 300th in market capitalization. Reserve […]

Following a 3% decrease in the meme coins market, Bonk saw a notable drop and lost more than half of its value in two weeks. This puts the token as the market top-loser with a 15% drop in the last 24 hours. After reaching an all-time high of $0.000035 (Bybit) on December 15, Bonk quickly […]

The cryptocurrency ecosystem is a field where fluctuations and changes are commonplace, in this case Lido DAO has seen important changes in recent days. Recently, an interesting trend has been observed in Lido’s participation in the staked Ethereum supply, while the Total Value Locked (TVL) of the Layer 2 network, Blast, has registered impressive growth. […]

LM Funding America Inc (NASDAQ: LMFA) shares are trading lower by around 12% after it disclosed an agreement to sell Symbiont's blockchain …

As soon as January, a Bitcoin spot ETF could be live in the U.S. – but while that much appears likely, it remains to be seen which specific investment vehicles will be approved. Indeed, in advance of the January 10 deadline, anticipation is high, with over 12 applicants ranging from disruptive Bitcoin companies to some […]

In a strategic move that has effectively caught the attention of the crypto space, Microstrategy has once more fortified its Bitcoin portfolio, strengthening its position as the largest corporate holder of BTC globally.  MicroStrategy Boost BTC Holdings In a recent filing on December 27, the United States Securities and Exchange Commission (SEC) announced that business […]

Cryptocurrency analyst and trader Ali Martinez is expressing bullish sentiment on a leading Ethereum layer-2 altcoin. Martinez tells his 37,900 followers on the X social media platform that Polygon (MATIC) could surge by nearly 65% from the current level and hit a price of $1.73 if it breaks out of a key resistance level. According […]

As Bitcoin ETF looms, Ark Invest says goodbye to GBTC

Cryptocurrency exchange Binance saw significant growth in its user base in 2023, according to its recently released year-end report. The company added over 40 million registered users this year, representing a 30% increase compared to 2022. It now has a total of 170 million registered users globally. Crypto Exchange Binance Sees User Growth in 2023 […]

According to on-chain firm Arkham Intelligence, a wallet linked to former U.S. President Donald Trump has moved over $2.4 million worth of ether (ETH) to the crypto exchange Coinbase in the past few weeks. Arkham Intelligence had initially identified digital assets believed to belong to Trump in August, basing its findings on financial disclosures filed […]

Max Keiser, a Bitcoin maximalist, alleged to his 550,000 followers on X that he considered Ark Invest CEO Cathie Wood’s recent statements about a Bitcoin exchange-traded fund (ETF) to be false. “This is misleading,” he declares in a post on X (formerly Twitter). Cathie Wood Says Bitcoin ETF is Quick and Efficient for Institutions Cathie […]

Exchange-traded fund (ETF) analysts have dispelled rumors that spot Bitcoin funds will be backed by ‘paper Bitcoin’ or fractional reserves. Instead, they will be fully backed by the asset itself, which means issuers will need to load up. Rumors regarding the backing of Bitcoin exchange-traded funds have been circulating, adding to the apprehension before the […]

The native token of a little-known Ethereum (ETH) scaling solution has soared by triple digits amid the announcement of an incentive program. Ethereum layer-2 Metis (METIS) is up nearly 20% over the past 24 hours and up 261% in seven days from December 20th’s opening price of $25.67. METIS is trading at $92.58 at time […]

ARK Invest CEO Cathie Wood says the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the US will likely have a negative impact on the price of the flagship cryptocurrency. In a new interview on CNBC, Wood says investors eager to take profits will “sell on the news” of securities regulators giving their […]

Blast, an upcoming Ethereum layer 2 platform, is generating buzz following its exclusive early access event, anticipating a public launch of the completed platform in February 2024. Recent data from Spotonchain indicates a major milestone for Blast_L2, reaching a total value locked (TVL) of $1.1 billion. A substantial amount, equivalent to 477,000 ETH ($1.15 billion), […]

The FIU has also written to the Ministry of Electronics and Information Technology to block the URL of cryptocurrency exchanges as their …

Amid rapidly growing anticipation for the launch of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, concerns have arisen from many in the Bitcoin community regarding if these funds will truly hold spot Bitcoin or not.  In response to these worries, Bloomberg Intelligence ETF analyst James Seyffart has stepped forward to allay fears, assuring […]

In the dynamic realm of cryptocurrencies, Axie Infinity’s AXS token has embarked on a remarkable ascent, witnessing an impressive surge of over 35% in the past 24 hours and currently trading at $9.26. This rally catapults AXS to the forefront of gaming cryptocurrencies, boasting a market capitalization of $1.4 billion and a circulating supply of […]

Cathie Wood, the founder and CEO of ARK Investment Management, has recently shared her optimistic outlook on the approval of Bitcoin Exchange-Traded Funds (Bitcoin ETFs). According to Wood, multiple Bitcoin ETFs could be approved by January 10, 2024, according to an interview with CNBC. ARK Invest, under Wood’s leadership, has a pending spot Bitcoin ETF […]

MicroStrategy increased its Bitcoin holdings with massive $615 million purchase