In sync with the recent uptick in the broader cryptocurrency market, Cardano Price has seen a notable rebound from the $0.46 level. This positive turnaround from the local support has resulted in a 12% increase in ADA’s value over the past five days, bringing its current trading price to approximately $0.519. However, this upward trajectory […]

The much-awaited spot Bitcoin ETFs will now come to the Hong Kong market tomorrow, April 30, as per the scheduled launch. China’s leading asset managers, HashKey Capital and Bosera, are on the brink of launching Hong Kong spot ETFs and are currently making final preparations. However, one major question in everyone’s mind is whether the […]

As per the market report, the demand for Bitcoin futures has slowed down significantly ever since the debut of the spot Bitcoin ETFs earlier this year in January 2024. This is an early indication of how ETFs can affect other bitcoin investment products in the market. CME Group Bitcoin Futures Open Interest Drops Following the […]

Bitcoin price and crypto market tumbled lower amid weak market sentiment due to high US dollar and Treasury yields as a result of stagflation. While macro factors continue to exert pressure on the crypto market, top analyst Markus Thielen presented 10 catalysts traders are watching as Bitcoin fails to show recovery signs. Top Analyst Points […]

Shiba Inu Price Prediction: Shiba Inu (SHIB), ranked as the second-largest meme cryptocurrency, is currently underperforming compared to the broader market, with only a 6.65% increase in the past fortnight, trading at $0.000009. This modest rise, despite the general market uptick, is hampered by a downward-sloping resistance trendline, indicating an ongoing correction. This trendline hints […]

Altcoins are now active competitors in the cryptocurrency markets, giving investors a variety of options beyond Bitcoin’s dominance. Despite being the leading cryptocurrency, Bitcoin, other alternative coins offer distinctive opportunities for growth and innovation. Nonetheless, altcoin surges frequently experience setbacks, causing investors to question the factors influencing these fluctuations. This article explores the main reasons […]

The High Court of Singapore has denied a request by the bankrupt firm Three Arrows Capital (3AC) to dismiss a lawsuit filed by Arthur Cheong, the founder of Web3 investment firm DeFiance Capital. This decision marks a crucial juncture in the ongoing legal battle concerning the ownership and control of assets within the cryptocurrency domain. […]

Industry experts Scott Johnsson and Adam Cochran have raised concerns about the SEC’s recent actions. They questioned the approval of Ethereum Futures ETFs in October 2023, which came despite ongoing inquiries into whether Ethereum qualifies as a security. Their criticism underscores potential conflicts in the SEC’s regulatory approach. Both experts suggest that this contradiction could […]

Indian finance minister Nirmala Sitharaman is all set to present the interim budget 2024 in Parliament. The full-fledged budget will be presented by the new government that comes to power after the elections, which are due later in the second quarter of 2024. The interim budget is a short term financial plan that seeks the […]

After a long wait, the Hong Kong Bitcoin ETFs have finally gone live for trading setting up high expectations among investors. Interestingly, the launch of the Hong Kong Bitcoin ETFs comes at a time when the US Bitcoin ETFs are experiencing net outflows over the last week. Market analysts have started pointing out why one […]