The BlackRock iShares Bitcoin ETF (IBIT) witnessed an unprecedented accumulation of Bitcoin (BTC) on Tuesday, securing over $778 million worth of the cryptocurrency. This substantial acquisition consisted of 12,600 BTC, setting a new record for daily acquisitions by the fund, which previously peaked at around 10,000 Bitcoin. The transaction occurred amidst a volatile market session, […]

In a recent statement at the Madeira Bitcoin conference, Michael Saylor, CEO of MicroStrategy, lauded the unexpected success of the newly launched Bitcoin Exchange-Traded Funds (ETFs) by BlackRock and Fidelity. According to Saylor, these financial instruments have not only outperformed expectations but are also beginning to challenge the dominance of traditional ETFs, including those tracking […]

In the midst of Egypt’s economic turmoil, Bitcoin ETF issuer Bitwise’s CEO Hunter Horsley emphasized the role of Bitcoin (BTC) as a potential hedge against such crises. Whilst, Egypt secured an expanded $8 billion deal with the International Monetary Fund (IMF) and additional funding for environmental sustainability. Moreover, the nation aims to stabilize its economy […]

Nigeria’s SEC has released new guidelines to better regulate the working of crypto firms. The new guidelines are aimed at curbing money laundering cases and fraud related to digital currencies, according to The Daily Post. The update in working guidelines also comes at a time when one of the biggest crypto exchanges, Binance is facing […]

Solana price analysis: SOL has recently experienced a significant surge in its value, breaking past the $145 resistance level. In the past 24 hours, the price of Solana soared, achieving an increase of over 14%. Presently, Solana trades at $147, standing out as the day’s most impressive altcoin performance. Solana Price Analysis: A Bullish Breakout […]

Despite heavy market volatility, the Solana (SOL) price continues to inch forward gaining an additional 5% and moving all the way to $145. SOL currently faces a major rejection at $150, a level not seen in over the last two years. Solana (SOL) Price Eyes A Two-Year Breakout As Solana (SOL) inches closer to the […]

As the fourth Bitcoin halving approaches, potential surprises may accompany this significant event. Scheduled to occur in April 2024, this halving marks a reduction in the Bitcoin supply subsidy from 6.25 BTC every block to 3.125 BTC per block. Such reductions happen roughly every four years, as part of Bitcoin’s gradual, disinflationary approach toward its […]

Shiba Inu Price: The Bitcoin price reversal from the new All time high of $69000 has weakened recovery momentum in the broader market. The overhead supply sparked fresh corrections in altcoins including the popular meme coin Shiba inu. In the last four days, the SHIB price witnessed a drop from $0.0000456 to $0.0000292 accounting for […]

As many market observers and experts are speculating whether crypto payment platform Ripple Labs will move forward with its IPO plans this year, the firm has promoted two of its employees to executive positions  Ripple Labs Bags New CFO and SVP According to the announcement from the crypto company, Jon Bilich has been named the […]

In the cryptocurrency market, prices fluctuate widely in short periods, making it exciting and profitable for investors to find top gainers. In the last week, many cryptocurrencies have experienced impressive gains, with some hitting their all-time highs, indicating high potential returns. Let’s examine the top crypto gainers of the week whose value increased by over […]