Cardano Price Prediction: The fear of spot Bitcoin ETF being a Sell-the-news event is gradually strengthening for market participants, as BTC price recently lost the $40000 mark. The intensified supply pressure prolongs the correction phase in the majority of major coins, including Cardano. As a result, the ADA price dropped from $0.617 to $0.46 within […]
Spot Ethereum ETF Proposal by Grayscale Delayed Again
The U.S. Securities and Exchange Commission (SEC) postponed its decision regarding Grayscale‘s proposal for spot Ethereum ETF. The SEC prolonged the review period to June 23. This ruling represents another postponement in the approval process of ETFs based on cryptocurrency in the US. Grayscale filed Form 19b-4 with NYSE Arca in October to approve the […]
Top Crypto Gainers & Losers Today: Check Full List Here For January 24, 2024
The crypto market bloodbath has extended with Bitcoin (BTC) and Ethereum (ETH) prices crashing. While the major cryptocurrencies are splashed with significant sell-off pressure, some smaller altcoins have performed exceptionally well. Hence, let’s look at the top crypto gainers and losers today. Top Crypto Gainers Today 1. Blur (BLUR) Blur, a crypto in the NFT […]
Bitcoin (BTC) Ownership Landscape Sees Major Shift, New Whales Accumulate
As the Bitcoin (BTC) price consolidates around $66,500 levels, key on-chain development suggests a strong exchange of hands among the Bitcoin owners. Bitcoin whales are back in action while old hands have been distributing their coins once again. Old Bitcoins Moving To New Holders CryptoQuant CEO Ki Young Ju recently reported a significant milestone in […]
Ark Invest COO Hints At Developments In Spot Ethereum ETF Filing
While the U.S. Securities and Exchange Commission’s (SEC) approval of the spot Bitcoin ETFs gave traders and investors an unexpected outcome in terms of the Bitcoin (BTC) Price curve, a section of applicants of the spot Ethereum ETF and market participants are hopeful of approval in the near future. The Ethereum (ETH) Price dropped by […]
3 Reasons Why Changpeng Zhao Prison Can Be 3 Years Long
US prosecution has appealed for 36 months (3 years) of imprisonment of Binance founder Changpeng Zhao for violating various US regulations. This battle has been going on for months, and Zhao was supposed to be sentenced by the end of February. However, due to delays over new appeals, the legal battle is continuing. Now, the final […]
Bitcoin ETF: Will Coal ETF Debut Damage Bitcoin’s Shine?
The green signal for Bitcoin ETFs took the entire market by storm. After waiting for over a decade, the SEC gave a nod for Spot Bitcoin ETFs to trade on Wall Street. But with the debut of new ETFs every day, investors are grappling with the thought of Bitcoin ETFs losing ground. Range debuts new […]
Why Bitcoin Price Is Falling Today?
As Bitcoin struggles to maintain its upward momentum, the cryptocurrency market is witnessing a significant sell-off, with over 40 million long positions being liquidated. This massive sell-off has increased anxiety among investors and analysts, leading to a deeper look into the reasons for Bitcoin’s current price drop. By press time, the price of BTC was […]
XRP Lawsuit: Ripple Sends Letter To Judge Netburn Over SEC’s “Factual Mischaracterization”
In the latest development in the U.S. Securities and Exchange Commission (SEC) v. Ripple Labs lawsuit regarding the motion to compel remedies-related discovery, Ripple requests the court for a sur-reply to correct a significant factual mischaracterization made by the securities regulator. The move comes after the SEC’s replied in support of its motion to compel. […]
Archax CEO Clarifies BlackRock Role in Hedera Tokenization
Graham Rodford, CEO and Co-Founder of Archax, has spoken on the X platform to provide clarity on BlackRock and the tokenization of funds on the Hedera blockchain. In the course of the price spike of Hedera’s (HBAR) token that followed the announcement of tokenization of the ICS US Treasury Fund by BlackRock, doubts arose regarding […]