Ethereum saw a drop in the Estimated Leverage Ratio. In combination with other metrics, the inference was that bullish certainty was falling. In a report last week, AMBCrypto highlighted that Ethereum [ETH] has underperformed Bitcoin [BTC] in recent weeks. Comparing their performance in December, AMBCrypto found that ETH has gained 11.3% at press time, while […]
Spot Bitcoin ETF inflows could dwarf all 150 crypto ETPs today
Newly compiled data from BitMEX Research estimates there are 150 crypto ETPs available today, with $50.3 billion in assets under management.
Bitcoin Price Eyes Fresh Bullish Breakout, Can BTC Make It To $45K?
Bitcoin price corrected gains and tested the $42,650 zone. BTC is again attempting a fresh increase and eyeing a move above the $43,750 resistance. Bitcoin found support above the $42,500 zone and started a fresh increase. The price is trading below $43,550 and the 100 hourly Simple moving average. There is a connecting bearish trend […]
Decrypt’s 2023 Story of the Year: The War on Crypto
After years of mostly unkind words for the crypto industry, 2023 was the year that U.S. regulators took out the sticks and stones. Following the collapse of criminally mismanaged crypto brand FTX in November 2022, Wall Street’s top regulator, the Securities and Exchange Commission, had the perfect reason to crack down on an industry full […]
Analyst Predicts ‘Big Upside’ for Little-Known Crypto Asset, Updates Outlook on Solana
A widely followed crypto analyst says that one little-known altcoin has massive upside potential while updating his outlook on smart contract platform Solana (SOL). Pseudonymous crypto strategist Altcoin Sherpa tells his 202,300 followers on the social media platform X that open-source gaming blockchain Beam (BEAM) has “big upside” potential for 2024, though he doesn’t specify […]
‘Unprecedented’ Bitcoin Run About To Come to an End, Predicts Trader Tone Vays – Here’s His Timeline
Veteran trader Tone Vays is issuing a warning, saying that Bitcoin’s (BTC) unprecedented run is likely coming to an end. In a new video update, the seasoned analyst tells his 123,000 YouTube subscribers that he expects the crypto king to dip in January, right around the time the U.S. Securities and Exchange Commission (SEC) is […]
OKX CEO Says He’s Being Urged To List More Bitcoin Ordinals As BRC-20 Total Market Cap Soars 30% in a Day
The chief executive of crypto exchange OKX says that he’s being encouraged to list more Bitcoin (BTC) ordinals as the total market cap of BRC-20 tokens jumps 30% in one day. In a lengthy thread, OKX CEO Jay Hao tells his 65.500 followers on the social media platform X that while he’s being urged to […]
Analyst Says This ‘Incredibly Undervalued’ Ethereum Rival Is a Contender for Top 10 Largest Crypto Assets List
A closely followed crypto strategist thinks that one Ethereum (ETH) rival that’s flying under the radar will see a big spike in market capitalization. Pseudonymous analyst The Crypto Dog tells his 750,500 followers on the social media platform X that the smart contract platform Near (NEAR) is currently trading below its fair value. According to […]
Japan leads 42 countries discussing digital asset regulation in 2023: PwC
The PwC report found four key areas that regulators focused on, with Japan, Mauritius, and the Bahamas among 23 countries that delved into all four areas. […] Read More… The post Japan leads 42 countries discussing digital asset regulation in 2023: PwC appeared first on CoinGeek.
Polygon Founder Recaps 2023: MATIC’s Surge Powers Through Resistance With 4% Uptrend
Polygon is closing out 2023 on a high note as its native token, MATIC, experienced a significant surge over the past 24 hours, despite its founder highlighting a “painful ride”. MATIC’s current price stands at $0.8939, accompanied by a 24-hour trading volume of $701,503,128.22. This represents a notable 4.20% price increase within the last 24 […]