The first wave of exchange-traded funds tracking Bitcoin is witnessing strong investor interest. Net fund inflows into spot Bitcoin ETFs stood at $33.1 million at the close of the sixth trading day, according to data compiled by BitMEX Research. Financial services giant Fidelity’s Wise Origin Bitcoin Trust (FBTC) accounted for the lion’s share of inflows […]
Vitalik Buterin Critiques FISA Renewal, Cites Threat to Crypto Community
The renewal of Section 702 of the Foreign Intelligence Surveillance Act (FISA) has been slammed by Vitalik Buterin, the co-founder of Ethereum, who has expressed fears that the implementation of new programs within Section 702 might affect the privacy and the crypto community at large. Advocates for digital privacy and decentralized technology now feel very […]
U.S. Economy In ‘Good Place’, What It Means For The Crypto Market?
The U.S. economy appears to be preparing for a paradigm shift as the next Federal Open Market Committee (FOMC) meeting looms over the country’s economic horizon. With the current fed rates expected to remain the same, a whirlpool of speculations appears to be birthing for the projections of Fed officials for 2024. As the meeting […]
SHIB Burn: Unraveling the Burning of 449 Million Shiba Inu Token
Shiba Inu, one of the most famous meme coins, has seen a significant price surge in a day as the value has surged 20% from yesterday. The token is trading at $0.00002767 with a market cap of $16.29B after a 19% surge. The credit for this surge goes to the recent SHIB Burn, which has […]
GBTC’s $2.2B Outflow Triggers Bearish Sentiment In BTC, ETH Options
The broader digital currency ecosystem remains on edge as market bulls fight to prop up Bitcoin (BTC) and Ethereum (ETH) prices amid Grayscale’s $2.2 billion GBTC outflows and conflicting Options data. Is Bitcoin (BTC) and Ethereum (ETH) Bottom In? At the time of writing, the duo of Bitcoin and Ethereum brandishes slightly conflicting price outlooks […]
88% of the Bitcoin Supply Already In Profit, Is BTC Price Bottom Already In?
Bitcoin (BTC) staged a strong recovery over the last weekend shooting all the way to $66,000 after facing some selling pressure last week. Analysts are clearly watching as to in which direction the Bitcoin price would see a formidable momentum ahead. However, a large part of the Bitcoin supply is still in profit, which puts […]
Bitcoin Price at Risk of 15% Drop As Sellers Break Below 50-Day Support
Bitcoin Price Prediction: Bitcoin, the largest cryptocurrency in terms of market capitalization, experienced a sharp downturn over the week, plummeting from $49,000 to $40,300. This significant 17.8% drop can be linked to market concerns surrounding the spot BTC ETF being perceived as a ‘sell-the-news’ event, along with Grayscale’s ongoing liquidation of its Bitcoin holdings. During […]
Breaking: Fugitive Binance Exec Nadeem Anjarwalla Tracked Down, Faces Extradition
Nadeem Anjarwalla, a Binance executive who escaped custody in Nigeria, has been apprehended by the Kenya Police Service, marking a significant development in the ongoing investigation. Anjarwalla’s capture follows a coordinated effort between law enforcement agencies in Kenya and international authorities. It is reported that he will face extradition to Nigeria, with the International Criminal […]
Just-In: BitMEX’s Arthur Hayes Predicts Bitcoin (BTC) Price Dump Below $40,000
BitMEX co-founder Arthur Hayes in a new Bitcoin price prediction on Monday said “I think we break $40k”. The change in sentiment comes following a long-term bearish prediction of $5000 for Ethereum (ETH) and $200 for Solana (SOL), as well as in response to the upcoming US Treasury quarterly refunding announcement. Arthur Hayes’ Bitcoin Price […]
Historical Patterns Hints Dogecoin Price May Target $1 in Upcoming Weeks
Dogecoin Price Analysis: DOGE, the largest meme cryptocurrency by market cap recently rebounded from the 50% retracement level at $0.14, following the completion of the fourth Bitcoin halving. On Monday, the BTC price reclaimed $65000 support triggering a relief recovery in the broader market. Will the post-halving rally bolster the Dogecoin price to surpass the […]