Galaxy Digital CEO Mike Novogratz believes that leading cryptocurrency by market capitalization Bitcoin (BTC) will resume its upward trend once the bloodbath in the broader market abates. Galaxy Digital Boss Sees Imminent Bitcoin Resurgence Novogratz started his X post by first acknowledging that wars cost money. He prayed against the occurrence of a bigger war […]
Grayscale Dominates as Spot Bitcoin ETFs Debut with Over $4 Billion Trading
On their first day of trading, the newly approved spot bitcoin ETFs have significantly impacted the market. Trading volumes for these 11 financial instruments have impressively crossed the $4 billion mark. This development marks a pivotal moment in integrating cryptocurrency with traditional financial markets. Leading the Charge: Grayscale, BlackRock, and Fidelity Grayscale, a major player […]
Shiba Inu (SHIB) Burn Rate Skyrockets 18,000%, Price To Soar?
Shiba Inu has seen a massive surge in its burn rate metrics, solidifying its deflationary status. According to data from Shibburn, the Shiba Inu burn rate has increased by 25,035.22% within the last 24 hours. Shiba Inu Extends Incinerated Tokens Amidst the recent crypto bloodbath and price correction that the broader industry is facing, Shiba […]
CoinShares To Join US Spot ETF Race With Valkyrie Funds Acquisition
CoinShares has exercised its option to acquire Valkyrie Funds LLC, the U.S.-based digital asset manager, suggesting a strategic move to solidify its footprint in the burgeoning U.S. digital asset market. Meanwhile, this decision comes on the heels of the recent SEC approval for Valkyrie’s spot Bitcoin ETF, The Valkyrie Bitcoin Fund (BRRR), among others, underscoring […]
Will Bitcoin Price Rise Again?
Over the weekend, Bitcoin price dropped by about 8% following the Iran-Israel war tension. BTC was already struggling to break out at $70,000 aiming at its all-time high of $73,000. However, the bears have been prevailing pushing the price as low as $60,000. Bitcoin halving, a special event in the cryptocurrency community is approaching fast, […]
Bitcoin (BTC) Drops Below $43K, Here’s Reason for This Slump
The world’s largest cryptocurrency by market capitalization Bitcoin (BTC) dropped swiftly below $43,000 but is now trading at $43,317.92, after a 5.90% price plunge in the last 24 hours. GBTC Dump and BTC Slump Veteran crypto trader crypto trader and the CEO of Blockchain Investment Fund and Advisory service Ran Neuner attributes the price dip […]
Bitcoin Price Today: Will Bitcoin Breach March 14 $73K ATH Before Halving?
The crypto market embraced some semblance of stability on Sunday following massive, devastating, and crippling liquidations from Friday. Bitcoin price tumbled to as low as $61,000 amid the market’s reaction to geopolitical tensions in the Middle East late last week. Despite the immediate liquidations investors suffered, especially on leverage positions that affected the entire crypto […]
Cathie Wood’s Ark Invest Sells Coinbase & Robinhood Shares, Buys Tesla
Asset management firm Ark Invest founded by Cathie Wood has offloaded Coinbase (COIN) and Robinhood Markets (HOOD) shares worth millions again in the last two spot Bitcoin ETF trading days on Thursday and Friday. Meanwhile, Cathie Wood’s Ark Invest funds have purchased Elon Musk’s Tesla (TSLA) shares, further increasing its holdings. Cathie Wood’s Ark Invest […]
LUNC Price Analysis: Is Terra Classic Eyeing $0.0002 On Overcoming $0.0001 Hurdle?
LUNC price analysis: The token has experienced a remarkable surge in its market value, exhibiting a strong bullish pattern in the last day marking renewed interest among investors. In the last 24 hours, Terra Classic price increased by 5.44%, hitting a high of $0.000104. This uptick in value marks a significant breakthrough, after pushing past the […]
What’s Next After Spot Bitcoin ETF? Expert Unveils Key Trends to Watch
With the much-anticipated spot Bitcoin ETF approval from the United States Securities and Exchange Commission (SEC) out of the way, many observers are beginning to wonder what the next move for the crypto ecosystem will be. BTC Halving to Succeed Spot Bitcoin ETF Debut Vance Spencer, the CEO of Framework Ventures outlined some of the […]