Stocks of some of the top public-listed Bitcoin mining companies have seen a sharp decline as we are just three days away from the much-awaited Bitcoin halving event scheduled on April 20. The upcoming Bitcoin halving revenue will drastically reduce revenue by cutting miners’ rewards in half. As a result, the mining companies’ stocks are […]
Crypto Markets Surge with $1.18 Billion Inflows, Record ETF Trading Volumes
The crypto market experienced a substantial influx of funds last week, with a reported $1.18 billion flowing into digital asset investment products. CoinShares noted this significant activity in its latest report due to the spot Bitcoin ETF launch. But it highlighted that the inflows didn’t surpass the record of $1.5 billion set during the launch of Bitcoin […]
Bitcoin Withdrawals From Exchanges Hit Record High, What’s Next?
In a recent data analysis by CryptoQuant on X, it has been revealed a remarkable surge in Bitcoin withdrawals from exchanges, marking a record high. This trend suggests a notable shift in investor behavior, indicating a substantial accumulation phase within the cryptocurrency market. Notably, this surge comes in the wake of a recent 10% decline […]
LUNC Price Jumps 5% & USTC 12% After Core Security Upgrade Package Announcement
Terra Luna Classic core developer L1TF has announced a core security upgrade package to address the security risks and other concerns of the Terra Luna Classic community. The upgrade of core components will improve security and stability of the chain. Traders reacted positively to the announcement, causing the LUNC and USTC prices to jump massively […]
Omni Network (OMNI) Hit With Intense Volatility As Coinbase Unveils Listing
Coinbase has announced its intention to add support for Omni Network on the Ethereum network (ERC-20 token) by listing its newly launched token OMNI. OMNI To Trade Against BTC and USDT According to the American crypto trading platform, OMNI trading is supported on its spot exchange, hence investors are advised to avoid sending the asset […]
Here’s Why Solana Price May Surge 28% Before Month End
Solana Price Prediction: The current correction in Solana price is encapsulated within two parallel trendlines, forming what appears to be a bullish flag pattern. This chart formation suggests that Solana (SOL) is experiencing a natural downturn within an overarching uptrend, providing an opportunity for buyers to momentarily gather strength. The question arises: could this technical […]
Kraken Launches Self-Custodial Mobile Wallet Across Eight Networks
Kraken has expanded its product lineup by introducing the Kraken Wallet. Through this self-custodial mobile wallet, users can control their digital assets on eight crucial blockchain networks, such as Bitcoin, Ethereum, Solana, Optimism, Base, Arbitrum, Polygon, and Dogecoin. The wallet is designed to provide users with total power over their digital assets without forcing them […]
Just In: Bitcoin ETF Market to Expand with ProShares’ New Leveraged, Inverse Offerings
The Bitcoin ETF market is about to get more diverse as ProShares has made a series of new filings. Bloomberg’s ETF analyst Henry Jim shares that five new Bitcoin ETFs are in the pipeline, offering both leveraged and inverse options based on the daily performance of the Bloomberg Galaxy Bitcoin Index. ProShares Bitcoin ETFs will cater to […]
Crypto Prices Today April 18: Bitcoin Ar $62K, ETH At $3000, SOL, XRP, ADA Dip
The top crypto prices today registered a bearish turn as the Bitcoin (BTC) price traded below the $62,000 level. In addition, the Ethereum (ETH) price approached a dip below the $3,000 mark. Meanwhile, other top altcoins, such as Cardano (ADA), Solana (SOL) and XRP plunged notably. Major Crypto Prices Today The Bitcoin price was down […]
Cathie Wood’s Ark Invest Sells ProShares Strategy ETF (BITO) To Buy ARKB Spot Bitcoin ETF
Asset management firm Ark Invest founded by Cathie Wood has offloaded holdings in ProShares Bitcoin Strategy ETF (BITO). The move comes as Ark Invest looks to increase its holdings in the Ark 21Shares Spot Bitcoin ETF (ARKB) from funds earlier parked in the ProShares Bitcoin Strategy ETF, strategically readjusting in response to evolving market conditions. […]