Bitcoin (BTC) has started 2024 on a high note, recording a 3.18% gain in the first week of the year, as per data from CoinMarketCap. The leading cryptocurrency is anticipated to usher in a bullish crypto season, with many investors awaiting the immediate approval of Bitcoin spot ETF proposals by various asset managers.Despite the impending […]
As the deadline for the United States Securities and Exchange Commission (SEC) to approve Bitcoin spot ETF (exchange-traded fund) approaches, approximately a dozen applicants have submitted 19b-4 amendment documents. This latest development involves 11 asset management firms, including BlackRock, Grayscale, Valkyrie, ARK 21shares, Hashdex, Biteise, Invesco Galaxy, Fidelity, VanEck, WisdomTree, and Franklin Templeton.These submissions are […]
In a significant achievement, Arbitrum has surpassed Ethereum’s mainnet in trading volume, marking a milestone in the blockchain industry. This success is part of a broader surge in Arbitrum’s performance, with the blockchain achieving three all-time highs in total value locked (TVL), DEX volume, and the spot price of its native token, ARB, in the […]
The Polkadot community is buzzing with anticipation as DED, the first meme coin in the ecosystem, is set to launch soon. This has sparked excitement and interest in DOT, the native token of Polkadot, as analysts predict that the launch of DED will push up the price of DOT. This is because only DOT holders […]
The U.S. Securities and Exchange Commission (SEC) is on the brink of a decision regarding spot Bitcoin exchange-traded funds (ETFs). As the deadline approaches, 11 applicants have been actively submitting 19b-4 amendment forms. These forms are a crucial part of the SEC approval process, and their submission indicates that the final wording changes for the […]
Digital Currency Group (DCG) has announced the resolution of all outstanding debts due to the now-defunct crypto lending platform Genesis. The announcement, made on January 6 on X (formerly Twitter), confirmed that DCG is current on all debts, having paid approximately $700 million to Genesis. This forms part of the over $1 billion paid to […]
John Bollinger, the legendary Bitcoin (BTC) trader and creator of the Bollinger Bands strategy, has expressed an optimistic view on Bitcoin’s future. In a recent post, Bollinger suggested that Bitcoin’s price is likely to “break higher” from its current levels. This prediction is based on his analysis using the Bollinger Bands chart, a technical analysis […]
Bitcoin’s price has regained previously lost territory, sparking renewed hope among investors. This comes in the wake of reports suggesting that the US Securities and Exchange Commission (SEC) would reject the long-awaited Bitcoin spot exchange-traded funds (ETFs). However, the approval of these index funds is not expected to occur immediately, but sources indicate that the […]
The Bitcoin (BTC) network has seen a significant increase in high-value transactions, a trend not observed in nearly two years. Crypto analyst Ali highlighted this trend, noting 16,900 transactions, each exceeding $100,000. This surge is a critical indicator of increased activity by Bitcoin whales – entities holding large amounts of BTC – and provides valuable […]
Crypto and Ethereum advocate Adriano Feria has expressed a bearish outlook on Solana, attributing his stance not to the coin’s price action, but to the blockchain’s top leadership. Feria has criticized Solana’s leading figures, including co-founder Anatoly Yakovenko and top developer Mert, labeling them as either “trolls” or “idiots.” He further expressed concern over Solana’s […]
