Elon Musk’s X Drops NFT Features in New Platform Vision

Social media platform X, formerly known as Twitter, has removed features supporting non-fungible tokens (NFTs). This move aligns with the new vision the company’s owner, Elon Musk, set forth for 2024. The announcement departs from the platform’s earlier integration of NFTs, reflecting a broader trend among social media giants reevaluating their stance on digital collectibles. […]

GBTC Outflows Surge Past $16 Billion, Defies CEO’s ‘Equilibrium’ Comment

The Bitcoin holdings of the Grayscale Bitcoin ETF GBTC continue to deplete with no immediate stopping in sight. On Friday, April 12, the GBTC outflows skyrocketed past $166 million losing over 2,500 Bitcoin from the fund’s holding. GBTC Outflows Surpass $16 Billion As per data from Farside Investors, the GBTC outflows have now surpassed a […]

Cathie Wood Slams Gary Gensler for Denigrating Crypto After Bitcoin ETF Approval

The U.S. Securities and Exchange Commission (SEC) finally gave a nod for the first spot Bitcoin ETF after months of keeping investors waiting on the sidelines. However, SEC Chair Gary Gensler quickly managed to distance himself and the SEC from Bitcoin and crypto. Cathie Wood Slams Gary Gensler After approving the first spot Bitcoin ETF […]

Ethereum Whale Buys $121M ETH From Binance, Price Recovery Ahead?

Amid a turbulent day for cryptocurrencies, Ethereum stands out with a surge in whale activity, intensifying discussions amid the market downturn. Notably, as major digital assets like Bitcoin, Solana, XRP, and others, experience a significant dip, Ethereum sees notable whale traction, propelled by a significant purchase by a whale investor. Meanwhile, this move prompts discussions […]

Ethereum Price Prediction: Anticipating a $4K Target ETH as ETF Approvals Loom in 2024

Ethereum price has recently witnessed a significant upswing, climbing by 8.5% in just 24 hours and registering a 15% increase over the past week. This surge has propelled ETH past the $2,500 mark, a level not seen since May 2022. The momentum came after the Bitcoin spot ETF approval, sparking investor speculation about the imminent […]

What Will Be My Porfolio If ONDO Finance Price Hits $2?

ONDO Finance emerges as a top player in the world of decentralized autonomous organizations (DAOs), amidst the crypto market crash. It has also established itself as the leader in the tokenization of real-world assets (RWAs) sector. As the fourth Bitcoin halving approaches and ONDO’s price sits at $0.821, numerous investors are pondering the token’s possible […]

Bitcoin ETF Approval Could Lead to Record Highs, Predicts Scaramucci

Anthony Scaramucci, the renowned founder and CEO of SkyBridge Capital, has recently vocalized strong support for the newly approved U.S. Bitcoin exchange-traded funds (ETFs). In a significant move by the Securities and Exchange Commission (SEC), rule changes were enacted to facilitate the launch of these ETFs in the United States, marking a pivotal moment in […]

Bitcoin ETF Weekly Outflows Hit $82M Ahead Crash, What’s Next For BTC Price?

The past week has been a rollercoaster ride for the Spot Bitcoin ETFs, marked by dramatic shifts in investor sentiment and significant fund flows. The week kicked off with a jolt these ETFs experienced a staggering outflow of $223.8 million on Monday, setting a new record for the largest outflow in Bitcoin ETF history. Spot […]

South Korea Restricts Overseas Spot Bitcoin ETF Trading Amid Regulatory Woes

South Korea’s Financial Services Commission (FSC) issued a press release on January 12, highlighting potential violations in brokering overseas-listed Spot Bitcoin ETFs by domestic securities firms. The advisory comes as the FSC grapples with regulatory frameworks and challenges posed by virtual assets, leaving major securities companies like Mirae Asset Securities and Samsung Securities to preemptively […]

Solana Bulls Eying Uniswap-Killer DTX Exchange, Here’s Reason

Enthusiasts in the Solana (SOL) ecosystem are getting attracted to the DTX Exchange project. This is in part because it meets their expectations in that it revolutionizes user’s trading experience. DTX Exchange Offers Best of CEX and DEX Like Uniswap, DTX Exchange is a platform with decentralized features but it differs from the former in […]