Blockchain
Analyst’s Crystal Ball: Bitcoin Price Targets $600,000 After ETF Approval
Bullish tremors shook the cryptocurrency world today as Bitcoin, fueled by the historic approval of spot ETFs and a bold prediction by analyst Michaël van de Poppe, appears poised for a potential
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Grayscale’s Bitcoin Trust (GBTC) has seen a 4% increase in its value during pre-market trading
Quick Take The recent transformation of Grayscale’s Bitcoin Trust (GBTC) into an Exchange Traded Fund (ETF), as confirmed by Senior Bloomberg ETF analyst Eric Blachunas, casts an intriguing
Blockchain
PYUSD’s 30-Day Surge of 72% Vaults Paypal’s Offering Into USD Stablecoin Top Ten
Over the last month, the supply of Paypal’s PYUSD stablecoin has seen a substantial increase, surging by over 72% from 16783 million to 28943 million PYUSD This significant growth has
Blockchain
Near Foundation cuts staff by 40% despite booming NEAR ecosystem
Near Foundation, the driving force behind the NEAR Protocol, is streamlining its workforce by 40% despite its ecosystem’s noticeable growth and development during the past year, according to a
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Short-term holder activity sparks Bitcoin FOMO rally signs
Quick Take Recent analysis of on-chain cohorts illuminates substantial movement in the Bitcoin market For instance, the Short-Term Holder Realized Price (STH RP), reflecting the average on-chain
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ETF Victory, Verbal Vendetta: Wood Fires Back At Gensler’s Crypto Denigration
In a watershed moment for the cryptocurrency world, the US Securities and Exchange Commission (SEC) on Wednesday greenlit the first-ever spot Bitcoin ETF, granting investors direct access to the
Blockchain
2024 Bitcoin Preview: Crypto Analyst Weighs In On BTC Price Action
Amid the excitement surrounding the approval of Bitcoin Spot Exchange-Traded Funds (ETFs), Polish crypto analyst Adrian Zduńczyk has shed his insights on the price action of BTC in 2024 and beyond
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US inflation rates exceed expectations while Bitcoin showcases resilience
Quick Take December’s US Consumer Price Index (CPI) reveals an inflation increase surpassing expectations The annual headline inflation was projected to be 32%, yet it registered at 34%
Blockchain
Prediction: Bitcoin ETF will now dwarf gold performance based on historical data
On a sure-to-be historic day for Bitcoin, I spent the morning looking back at historical data to see how impactful the first Gold ETF was at the time We’ve seen plenty of analysts, including
Blockchain
Nigerian Stablecoin Consortium Seeks Central Bank Approval After Making a U-Turn on Stablecoin Launch
The Nigerian stablecoin consortium has said it will not be launching a stablecoin in late February as previously advised Instead, the consortium, which is comprised of banks and fintech startups,
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This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why
Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins The analyst explained the reason for this move and remarked that he was
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the US
Bitcoin Breakout From Major Resistance Levels Signals Bullish Momentum
Bitcoin which has been moving downward for a while now has managed to break above its previous resistance level of $67,30398 and has been showing signs of a potential rally ever since At the time of
China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
According to records, China has divested $533 billion in US Treasury notes and agency bonds during the first quarter Some analysts suggest this reduction in foreign exchange reserves might be
Floki Inu Frenzy: Memecoin Eyes New Highs As Open Interest Soars
Floki Inu (FLOKI), the Shiba Inu-inspired memecoin, has rocketed into the spotlight with a surge in trading activity and a nearly 20% price increase in the past week However, experts caution that
