Throughout the week starting April 1, Spot Bitcoin ETFs witnessed a dip and rebound frenzy. These ETFs recorded a total weekly inflow of over $7 484 million despite the first day being negative. However, despite the rebound, the Bitcoin ETF inflows have halved compared to last week’s strong influx. Nonetheless, the rebound is impressive and […]

Ethereum price continues to trade under $3,500, failing to gain despite high anticipation surrounding the Dencun upgrade. Also, ETHBTC just had its lowest weekly close since April 2021. However, legendary trader Peter Brandt known for accurate predictions says the Ethereum price could be in a “bear trap“. Is Ethereum Price In A Bear Trap? Peter […]

In a strategic move aimed at fortifying investor confidence, Flare Network has recently initiated the burning of an additional 66 million FLR tokens. This action contributes to a cumulative burn totaling 595 million FLR, forming a pivotal aspect of the network’s multi-year plan involving 2.1 billion FLR tokens. Originally earmarked for early backers, these FLR […]

Blockstream CEO Adam Back has publicly blasted the Defiance 2X Short MSTR ETF. He labeled the product “awful” and then questioned its longevity. The ETF wants to short MicroStrategy Incorporated, which has substantial Bitcoin portfolios. Back’s greatest problem would be the inherent threat of the ETF technique, particularly with Bitcoin so volatile and so highly […]

The U.S. has reportedly added 216,000 jobs during December, according to the Bureau of Labor Statistics’ most recent data on nonfarm payrolls. The data reported on Friday saw an upscale in the number of jobs added in December as compared to 199,00 jobs in November. More jobs were added in December, Will the U.S. Fed […]

Nate Geraci, the president of The ETF Store has revealed that a handful of spot Ethereum ETF filers have met with the United States Securities and Exchange Commission (SEC) to discuss the modalities of the proposed offering.  Uncertainty Looms Amid Approaching Spot Ethereum ETF Deadline Geraci highlighted a post from Senior Bloomberg writer Joe Light […]

The crypto market is facing its first major drawdown taking place amid the expectation of the spot Bitcoin exchange-traded fund (ETF) in the US. As volatility spikes across the board, top altcoins like Polygon (MATIC), Arbitrum (ARB), and Chainlink (LINK) are shedding, retreating 17%, in a week, 2.5% in the last hour, and 15% in seven days, […]

Metaco, the crypto custody firm owned by Ripple, on Tuesday said BCB Group has moved its digital asset custody operations to Metaco’s flagship custody platform. BCB Group is a leading provider of payments accounts and trading services for the digital asset economy. It serves institutional clients by offering business accounts, cryptocurrency, and foreign exchange market liquidity […]

The cryptocurrency market is off to a strong start in 2024, buoyed by the optimism around Bitcoin exchange-traded funds. The top 3 cryptocurrencies by market cap were trading in the green on Saturday morning, with Bitcoin hovering near $44,000 levels. After months of anticipation, spot Bitcoin ETFs are set to become a reality. CoinGape earlier […]

The cryptocurrency landscape is buzzing with anticipation as certain Solana-based meme coins to buy show promising prospects for exponential growth. This April, savvy investors are setting their sights on transforming a modest $5000 portfolio into a staggering $50,000.  Among these assets, Bonk (BONK), Dogwifhat (WIF), Wen (WEN), Jeo Boden (BODEN), Myro (MYRO), and BOOK OF […]