Cathie Wood’s ARK Invest is strategically reshaping its investment portfolio, steering away from reliance on the ProShares Bitcoin Strategy ETF (BITO) towards the establishment of its own spot bitcoin ETF. This strategic shift was evidenced in a recent trading disclosure on April 19, where ARK’s Next Generation Internet ETF (ARKW) initiated significant movements. ARKW divested […]

Two prominent institutions in their bankruptcy liquidation phase, Celsius and FTX, have been actively engaged in massive crypto asset transfers. Celsius and FTX moved millions worth of Ethereum (ETH), Polygon (MATIC), and Wrapped Bitcoin (WBTC) to exchanges. This comes after both institutions promised to repay their formal clients or creditors via their crypto treasury. Celsius […]

A delay in the Fed rate cut has spiraled uncertainty in the markets. According to Bloomberg, in response to a string of unexpectedly strong inflation readings, Federal Reserve Chair Jerome Powell hinted that US central bankers might delay lowering borrowing prices. This decreases the possibility of looser global policymaker actions. The strength of the US […]

Renowned market analyst Dark Defender has recently turned the spotlight on XRP, Ripple’s native cryptocurrency. Amidst fluctuating market conditions, XRP’s future seems to hinge on critical support and resistance levels. According to Dark Defender, while there’s potential for significant gains, risks of a downturn loom if current market trends continue. XRP’s Market Movement XRP, despite […]

Shiba Inu’s (SHIB) burn rate, a crucial growth metric, has seen more than 57,000% in the last 24 hours, indicating a major push to boost its deflationary status. Shiba Inu Records Largest Monthly Burn Rate According to Shibburn, the meme coin’s burn tracker, a burn rate of 57,262.74% was spotted.  This implies that 396,286,654 SHIB […]

In a noteworthy gust of developments, the crypto realm appears to be marking a tempest of strides as this week ends. With the recent inception of spot Bitcoin ETFs within the broader crypto market, market sentiments appear to be taking an exciting turn. Whereas, Binance, a crypto exchange prominency, issued several substantial notices for its […]

Amid escalating speculation surrounding the Ripple and SEC lawsuit, the XRP market witnesses significant activity as whales make notable moves. Notably, the movement of 129 million XRP by prominent holders has captured the attention of market participants, raising questions about potential implications for Ripple’s legal battle. So, let’s take a closer look at the recent […]

Donald Trump is once again in the race to become the next US President later this year in 2024. In one of his campaign speeches, Donald Trump recently vowed to oppose the creation of central bank digital currency (CBDC) aka Digital Dollar. “As your president, I will never allow the creation of a Central Bank […]

Players enjoy the anonymity and convenience crypto and Bitcoin casinos provide. Now, you can play poker, slots, and blackjack with the click of a button. In fact, crypto gamblers place 337 bets every single second. But, with so many online options, how do you know which is the best Bitcoin casino in the UAE? Coingape […]

Euphoria evaporated faster than a trader’s profits, as the crypto fear & greed index plummeted from 70 last month to a sobering 55. The once-optimistic anticipation surrounding the first US Bitcoin ETFs has morphed into nervous uncertainty, leaving investors reeling in the wake of a nerve-wracking sell-off. The green light for ETFs once hailed as a […]