Bitcoin’s (BTC) price moved above $64,000 before making a slight correction igniting bullish momentum following the broader market recovery. The gains registered by the asset in the last 24 hours come after massive liquidations were seen across the crypto market. A new report from on-chain analytics firm CryptoQuant shows the asset bouncing off the short-term […]
Shiba Inu Team Voices Optimism Over Shibarium’s New Partner, BONE Price Soars 9%
In a significant gust of developments, Shiba Inu, one of the most prominent meme coins functioning atop Ethereum, recently entered into a noteworthy partnership with K9 Finance, a leading Liquid Staking Derivatives (LSD) platform, aiming to facilitate seamless BONE staking on Shiba Inu’s L2, Shibarium. Following this partnership, the meme coin’s team recently expressed immense […]
Analysts Predict Biggest Altcoin Market Rally To $4 Trillion Market Cap
Recent data released from the US provided a visible lift to the market, also supported by a dovish Federal Reserve and the Quick Rate Adjustment (QRA). The employment data released on Friday depicted numbers weaker than forecasted, with Non-Farm Payrolls showing net additions of 175,000 jobs against the predicted 240,000. The Unemployment Rate also rose […]
Bitcoin Mining Firm BitFuFu to Go Public via SPAC Merger Hinting Higher Demand
Bitcoin Mining firm BitFuFu is eyeing an initial public offering in the US via a SPAC merger. The company had previously filled a form F-4 with the SEC which was approved today, strengthening the chances of the firm going public. The IPO will also come at a time when Bitcoin Mining has been steadily increasing […]
Top Cryptos That Will Make You Rich in 2024
The crypto market can experience a massive rise in 2024. All experts believe 2024 will be an exceptional period, and the crypto market will face unique growth that will be distinctive from other halving events. Bitcoin halving was completed in early April, and all crypto traders are watching price action closely. In such an attractive […]
Spot Bitcoin ETF: BlackRock Shines Strong as Total Volume Tops $1B
Once again, BlackRock’s spot Bitcoin ETF is leading the others in terms of trading volume with $341.2 million recorded on February 7, 2024. BlackRock Leads Spot Bitcoin ETF Performance Data from Bloomberg Intelligence shows the broad spot BTC ETF market registered a total volume of more than $1 billion on the said date and a […]
Hong Kong Bitcoin ETF Notes First Outflow Despite BTC Recovery
Hong Kong Bitcoin (BTC) and Ethereum (ETH) ETFs have experienced a setback despite the optimism in the crypto community. One of the newly launched Hong Kong Bitcoin ETFs noted a negative flow on Monday, May 6. Meanwhile, the other Hong Kong crypto ETFs didn’t witness any flows despite the Bitcoin price recovery past $65,000. Hong […]
XRP News: Pro-XRP Lawyer Argues Ripple ODL Transactions Not Investment Contracts
The ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to escalate, with pro-XRP lawyer Bill Morgan defending Ripple’s On-Demand Liquidity (ODL) transactions against allegations of being investment contracts. Notably, amid the regulatory scrutiny, Morgan’s remarks shed light on crucial aspects of the case, highlighting the complexities surrounding Ripple’s sales […]
Ripple Vs SEC News: Settlement, Appeal, & Judge Torres’ Final Ruling Timeline
Ripple Vs SEC News: Experts claim the long-running XRP lawsuit is to conclude really soon as Judge Torres’ final ruling could come this year, most probably in September. The tussle between the U.S. SEC and Ripple Labs will continue, currently in remedies phase, until an imminent appeal and settlement. The Securities and Exchange Commission (SEC) […]
Bitcoin Hits $45K Amid Coinbase’s Transfer of 4,069 BTC
Bitcoin has demonstrated bullish momentum potential after breaking through the $45K mark in the last hour. At the same time, a set of strategic transactions involving 4069 Bitcoins valued at around $182.26 million were carried out, starting with an unknown wallet to Coinbase Institutional. This was soon followed by withdrawals of 2,510 Bitcoins worth more […]