The world’s largest asset manager BlackRock has literally stormed the crypto market by launching its Bitcoin ETF IBIT earlier this year in January 2024. IBIT has been seeing record inflows every single day since the launch with its assets under management crossing $13.8 billion. BlackRock Bitcoin ETF Is The Fastest Growing In one of his […]
HKbitEX Secures SFC Approval For VATP Type 1 & 7 Trading Activities
In what comes as a remarkable achievement within the cryptocurrency landscape, Hong Kong’s HKbitEX, a virtual asset trading platform (VATP), recently secured the Nation’s regulatory body’s ( Securities and Futures Commission, aka SFC) approval for the conduction of two types of trading activities, Type 1 (dealing in securities) and Type 7 (providing automated trading services), […]
Ethereum Co-Founder Vitalik Buterin Reveals What Comes Next After Blob Activation
With Dencun Upgrade and blob activation out of the way, Ethereum co-founder Vitalik Buterin has hinted that the next thing to do is verify the blobs with a conservative version of DAS known as PeerDAS. Blob Verification: The Successor to Ethereum Dencun Upgrade It’s been over two weeks since the Ethereum Dencun upgrade went live […]
Coinbase (COIN) Share Sale Is “Active Management” – Cathie Wood
ARK Invest’s Cathie Wood has attempted to correct the narrative that her firm is currently dumping its Coinbase (COIN) shares. Cathie Wood Debunks Coinbase Selloff During a recent “Ask Me Anything” AMA Q&A session on the social media platform Reddit’s r/Cryptocurrency page, one user asked for the rationale behind ARK Invest’s sales of Coinbase shares. […]
Dogecoin: Whales’ 1.8 Bln DOGE Move Ignites Uproar As Price Rallies, What’s Next?
In a riveting storyline twist, Dogecoin, the largest meme cryptocurrency by global market cap, noted remarkable gains over the past few days, garnering immense bullishness across the crypto market. Amid this bullish take illustrated by the dog-based meme token, substantial whale activity recorded over the past 24 hours reverberated a craze among crypto market enthusiasts […]
Crypto Price Prediction: Market Volatility Peaks With Largest Quarterly Options Expiry
Crypto Price Prediction: The cryptocurrency market has witnessed high volatility this week following the lead of Bitcoin price wavering around the $70000 psychological level. The BTC daily chart shows several neutral candles with higher wicks indicating no clear dominance of buyers and sellers. Furthermore, the Deribit Exchange reported a record-breaking quarterly options expiry in the […]
Berkshire Hathaway Rakes in Crypto Money, Despite Warren Buffet’s Resistance
Berkshire Hathaway, backed by Warren Buffet, has made immense money out of its venture in crypto firms. However, the profit comes despite Buffet’s open criticism of crypto. A report published by Bazenga shows that Berkshire’s highest income in the past year came from its crypto holdings only. Warren Buffet’s Anti-Crypto Stance Warren Buffett, a well-known […]
US Senator Lummis Opposes Court Verdict in Custodia vs Fed Case
Following a judgment of the case between Custodia Bank and the Federal Reserve (Fed), US Senator Cynthia Lummis noted her disagreement, stressing the necessity to follow law passed by Congress for the issue of master accounts to Special Purpose Depository Institutions (SPDIs) in Wyoming. The verdict that favored the Fed has fueled talks about the […]
LUNC Price Rallied 400%, Analyst Predicts Further 270% Upside on Breakout
Terra Luna Classic (LUNC) price has recorded 180% gains this year and 400% rally since October last year amid chain developments and support from the world’s largest crypto exchange Binance. An analyst predicts there’s still more than 270% upward movement left in LUNC due to the formation of a bullish pattern. LUNC Price to Set […]
Ethereum Price Prediction As End-of-Correction Pattern Emerged to Regain $4000
Ethereum Price Prediction: The cryptocurrency market witnessed high volatility this week, evidenced by the narrow consolidation in leading digital assets Bitcoin and Ethereum. The neutral candle confirmation formation with long wicks reflects no dominance from buyers or sellers toward these assets. However, a look at 4 hours shows that the ETH price shows a short […]