American mathematician-investor Jim Simons’ Renaissance Technologies has revealed its position in GameStop (GME) and spot Bitcoin ETF, as per the latest filing with the U.S. Securities and Exchange Commission (SEC). Renaissance Technologies Reveals Investment in GameStop and Spot Bitcoin ETF According to a 13F filing with the U.S. Securities and Exchange Commission (SEC), Renaissance Technologies […]

Worldcoin, a cryptocurrency initiative led by OpenAI CEO Sam Altman has emerged as the highest weekly gainer among the top 100 tokens by market cap. With an aggressive rally, the coin price has today’s market at a new all-time high. The massive inflow is a collective contribution from overall positive sentiment in the Al sector’s […]

MicroStrategy, the world’s largest corporate holder of Bitcoin, is now making its way into the MSCI World Stock Index after its stupendous rally in 2023 and early 2024. The MicroStrategy (NASDAQ: MSTR) share price has outperformed Bitcoin throughout last year and in early 2024. On Tuesday, May 14, the MSTR stock price rallied by 4.15% […]

Uniswap’s native token UNI witnessed a strong rally on Friday, February 23. The major catalyst behind the 70% Uniswap price rally is the decentralized exchange changing the fee mechanism to benefit those staking the UNI tokens. The proposal advocates for the introduction of a fee-sharing system that incentivizes UNI holders to stake and delegate their […]

During the current bearing trend in the global cryptocurrency market, where prices are constantly fluctuating with looming uncertainties, it is easy to overlook the larger picture. The figures reveal a tale of hardship: a market capitalization of $2.26 trillion, a minor 0.35% drop in just one day, and a total trading volume of $67.78 billion […]

Massachusetts Senator Elizabeth Warren finds herself in the eye of a storm within the crypto community, with her staunch anti-crypto stance drawing criticism, especially amid looming electoral competition and ongoing regulatory battles. Notably, the scrutiny intensifies as her association with SEC Chair Gary Gensler, equally infamous for his regulatory approach towards cryptocurrencies, comes under the […]

The Crypto ETFs are dominating industry spaces following renewed inflows into these funds from traditional finance investors. Crypto ETFs serve as an investment window to the underlying assets as some players may not want direct exposure.  Either way, investors are exposed to the underlying asset’s price leading to a new base of participants. Crypto ETFs […]

The Shiba Inu team has made a serious warning to its community about the rise in scam activities. The fraudulent schemes are now growing in complexity, luring unsuspecting users with the fake airdrops, phishing attempts, and misleading giveaways. The proactivity of the Shiba Inu team brings to the fore the need for vigilance among cryptocurrency […]

Millennium Management has disclosed holdings that make it the largest holder of Bitcoin ETFs, notably the iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). This participation is evidenced by the recent SEC filing that shows Millennium Management’s stakes now cover almost $2 billion, which is about 3% of its fund worth $64 […]

Since the introduction of new Spot Bitcoin ETFs, which were partly touted as a modern alternative to gold investment, there has been a significant shift in investor behavior. While billions flowed into Bitcoin ETFs since their launch on January 11, a substantial amount of money has exited gold ETFs. Bitcoin ETFs Overshadow Gold ETFs The […]