The U.S. Securities and Exchange Commission (SEC) is on the cusp of a critical decision regarding Bitcoin spot ETFs, and market dynamics suggest a tempered response is likely. K33 Research analysts Vetle Lunde and Anders Helseth indicate a shift in market sentiment following last week’s significant leverage shakeout. Consequently, fears of a sell-the-news event after […]
FOXY Price Rallies 40% After Major Listing Announcement
The new meme coin in town, FOXY has set the crypto world abuzz as its Foxy price soared more than 40% on April 12. Meanwhile, this meteoric rise comes hot on the heels of pivotal listing announcements from prominent exchanges, igniting excitement among investors and enthusiasts alike. Also, the recent surge, especially amid a dip […]
Bitcoin Ordinals: Artist Inscribes Gensler’s Post Debunking Bitcoin ETF Approval on Blockchain
Gary Gensler’s response debunking the bogus Bitcoin ETF approval post has been inscribed into Bitcoin Ordinals by digital artist and coder @billyrestey. Billy posted on X that the inscription would cement the memory of this infamous tweet on the Bitcoin blockchain. On Tuesday, a security breach of the SEC’s official Twitter account led to a […]
Bitcoin Price Poised for Long-Term Stability at $70K: Here’s Why
In an unprecedented turn of events witnessed within the cryptocurrency sector, Bitcoin continued trading sideways at the $70K mark today, mirroring a consolidation phase for the token. This appears to have piqued substantial investor attention across the broader crypto market, as on-chain market data for the token further flagged long-term stability for BTC at $70K, […]
Shiba Inu Burn Rate Jumps 27510% Amid Soaring SHIB Whale Accumulation
Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, marked a tempest of strides on Wednesday following a colossal surge noted by the token’s burn rate. Notably, as per on-chain data unveiled by Shibbrun, a platform facilitating SHIB burning insights, the meme coin’s burn rate surged over 27000%, garnering noteworthy […]
Berachain Notches $100 Million Funding, Eyes Wider Expansion
Layer 1 blockchain, Berachain has raised $100 million in its recent funding round, 45% more than earlier reported. In an April 12 statement, the company announced the latest development which saw participants from venture capitalists firms. According to the release, Berachain’s Series B funding round was led by Brevan Howard Digital and Framework Ventures. It […]
Bitcoin ETFs: Is Hong Kong Brewing Strategic East-West Capital War?
With the United States Securities and Exchange Commission (SEC) set to approve the first spot Bitcoin ETF product today, Hong Kong is notably gearing up to welcome a host of applications for Funds that offer investors the same exposure to BTC. Per an earlier report from Coingape, the Hong Kong Securities Futures Commission (SFC) has […]
$925 Million Liquidated As Bitcoin Price Crashes to $65,000, Options Market Jittery
In a sharp correction, the Bitcoin(BTC) price crashed more than 6% all the way to $65,000 leading to more than 7.8% correction in the broader cryptocurrency market. The correction in the altcoins space is even deeper with the top ten altcoins correcting anywhere between 8-15%. $900 Million Liquidated Amid Bitcoin Price Crash According to Coinglass […]
Spot Bitcoin ETF Approved: Here’s Why Grayscale is the Biggest Winner
History has been made in the United States as the United States Securities and Exchange Commission (SEC) has approved the much-awaited spot Bitcoin Exchange Traded Fund (ETF) product. With Grayscale Investments’ approval now confirmed, the company deserves all the accolades for the right reasons. Grayscale in the Pursuit of Spot Bitcoin ETF Grayscale changed the […]
Ben Armstrong Optimistic Over Bitcoin Price Rally To $100K Despite Crash
The Bitcoin (BTC) price recently plunged to $65,000, shaking investor confidence amid widespread selloffs across the market. However, Ben Armstrong, also known as BitBoy Crypto, remained resolutely optimistic about Bitcoin’s trajectory. Despite the setback, Armstrong took to X to reassure his followers that Bitcoin is still poised to reach the coveted $100,000 mark this year. […]