The cryptocurrency market is buzzing with activity as Bitbot (BITBOT), a new Telegram trading app, prepares to launch its presale on January 17, 2024. BITBOT holders stand to gain from a unique revenue sharing model. This comes at a time when cryptocurrencies and Bitcoin ETFs are gaining significant attention.BlackRock’s IBIT Bitcoin ETF has been a […]
Bitcoin’s hash rate, the measure of the network’s computing power, recently reached a new all-time high. This surge in hash rate coincided with the debut of spot Bitcoin ETFs in the US. Data from IntoTheBlock reveals that the Bitcoin hash rate reached an all-time high of 630.91 million TH/s or 630 EH/s on January 11, […]
Financial giant Vanguard’s steadfast refusal to embrace cryptocurrencies, even in the wake of the SEC’s approval of Bitcoin ETFs, has sent ripples through the investment community. This decision has been met with strong criticism from industry leaders such as Ark Invest’s Cathie Wood, sparking a significant debate about the future of traditional finance in the […]
The Hong Kong Virtual Asset Consortium (HKVAC) has announced significant changes to its crypto indices, reshuffling its top 5 crypto index, top 10 crypto index, and overall crypto index. This has led to the exclusion of several notable cryptocurrencies.In a headline-grabbing adjustment, Ripple’s native token XRP has lost its seat in the top 5 global […]
JPMorgan has voiced doubts about the Securities and Exchange Commission’s (SEC) probability of approving spot Ethereum exchange-traded funds (ETFs) by May, which is the first deadline for such approvals. Nikolaos Panigirtzoglou, a representative from JPMorgan, highlighted the importance of the SEC’s classification of ETH as a commodity, akin to Bitcoin, for the approval of spot […]
The Bitcoin community is bracing for a significant event, with just 15,000 blocks remaining until the next Bitcoin halving. This event, which reduces the rewards for miners by 50%, is causing both anticipation and uncertainty within the community. The main concern is the impact this will have on mining profitability and market expectations.Halving is a […]
Crypto analyst Ali Martinez has recently suggested that Solana (SOL) could continue its impressive run from 2023. According to Martinez, SOL could potentially rise to as high as $150 if certain conditions are met. He noted in a post that Solana was breaking out from a bull flag that had developed on the 4-hour chart. […]
The Hong Kong Virtual Asset Consortium (HKVAC) has announced the delisting of XRP from its top five global large cryptocurrency index. This decision reflects the altcoin’s decline from the top-performing cryptocurrencies with the largest market capitalization globally.In a significant move, HKVAC has decided to replace XRP’s position with Solana (SOL). This reorganization of its index […]
Bitcoin’s price has been on a significant upward trend following the approval and launch of Spot Bitcoin ETFs. However, crypto analyst Jason Pizzino predicts a temporary halt in this growth, citing Bitcoin’s proximity to a crucial resistance point that could lead to a substantial price drop.In a recent YouTube video, Pizzino shared his insights into […]
Blackrock CEO Larry Fink has expressed his belief in the potential of an Ethereum exchange-traded fund (ETF), stating that he “sees value” in such a product. This comes after Blackrock, along with other financial institutions like Fidelity and VanEck, have filed for spot Ethereum ETFs. The U.S. Securities and Exchange Commission (SEC) is expected to […]
