Markets react positively to the first trading day for spot BTC ETFs, with Bitcoin rallying close to $49,000 and ETH hitting a 12-month high.
Is Spot Bitcoin ETF Worth Buying? Here’s What You Should Know
The post Is Spot Bitcoin ETF Worth Buying? Here’s What You Should Know appeared first on Coinpedia Fintech News Hold onto your digital assets, folks! The US Securities and Exchange Commission, the big boss of all things financial in America, just made a historic move. They have given the green light to not one, not […]
Bank of England Governor Criticizes Bitcoin’s Inefficiency as Payment Method
Bitcoin is reportedly losing momentum as a payment method due to its inefficiency, according to Bank of England (BOE) Governor Andrew Bailey. In a meeting with the United Kingdom Parliament Treasury Committee on January 10, Bailey, along with BOE Deputy Governor Sarah Breeden, discussed the BOE’s latest Financial Stability Report. During the meeting, Bailey reiterated […]
NEAR Foundation to Lay Off 40% of Staff While New Web3 Careers Emerge
The NEAR Foundation has announced a significant reduction in its workforce. Consequently, it will lay off 35 staff members, or approximately 40% of its team. This decision comes amidst a period of restructuring and realignment of the Foundation’s goals and strategies. NEAR Foundation to Lay Off 35 Employees The NEAR Foundation has been a key […]
Bitcoin spot ETF done – Is a six-figure BTC ‘supercycle’ coming up?
Bitcoin’s volume increased above $50 billion one day after the approval, indicating rising interest in trading the coin. Most predictions were in the six-figure range, suggesting the BTC is ready for a new ATH. Technical indicators showed that BTC might reach $64,307 in a few months while on-chain metrics remain bullish. Bitcoin’s [BTC] price tapped […]
3 Meme Cryptos That Will Skyrocket Due to Bitcoin ETF Approval Ignites A Bull Run
The post 3 Meme Cryptos That Will Skyrocket Due to Bitcoin ETF Approval Ignites A Bull Run appeared first on Coinpedia Fintech News The crypto market is currently experiencing a significant shift with the approval of spot bitcoin ETFs in the U.S., a development that has been a decade in the making. These ETFs, distinct […]
Ethereum (ETH) Price To Hit This Level By January End – Right Time To Buy?
The post Ethereum (ETH) Price To Hit This Level By January End – Right Time To Buy? appeared first on Coinpedia Fintech News The approval of 11 spot Bitcoin exchange-traded funds (ETFs) in the United States on Wednesday sparked fresh enthusiasm in the altcoin industry led by Ethereum (ETH). The high demand for digital assets […]
BONK: Trader Goes Long on Dogecoin Rival Once Again
A BONK whale has accumulated a massive quantity of the token in a long-term bullish bet. Whale embrace of crypto is beginning to take the stage in the ecosystem. In the world of crypto trading, one whale has caught the attention of the community by once again going long on Bonk (BONK), a memecoin resident […]
NEAR Foundation Announces 40% Workforce Reduction in Strategic Realignment
The NEAR Foundation has announced a 40% reduction in its workforce, impacting 35 team members, as part of a strategic realignment to focus on high-impact activities and further decentralize the ecosystem. Despite this change, the Foundation maintains strong financial health and a commitment to advancing key areas in the Web3 space. (Read More)
Avalanche (AVAX) Stumbles Into 2024 Following a Remarkable 2023 – Can it Reach $50?
The Avalanche (AVAX) price has fallen since reaching a 2023 high of nearly $50 on December 24. The decrease peaked on January 8, and the AVAX price has moved upward since then. Avalanche Falls Before Reaching $50 The AVAX price has increased swiftly since September 2023. In 90 days, the price increased by nearly 500%, […]