This week marks a notable change in the cryptocurrency investment sphere. CoinShares data reveals a substantial outflow from crypto investment products, totaling around $424 million since Monday. This development highlights a significant shift in investor preferences and strategies in the crypto market. Spot Bitcoin ETFs Gain Momentum Amidst these outflows, the spotlight turns to the […]
Breaking: Crypto Exchange Gemini Gets Regulatory Nod in France
Crypto exchange Gemini has received regulatory approval to provide its services in France. According to CNBC, the French AMF watchdog authorized Gemini as a virtual asset services provider in the country. The approval marks a significant move for a U.S. Crypto exchange in Europe. Gemini to expand in France Founded and owned by twins Tyler […]
Bitcoin (BTC) Price Drop Risks $250 Mln Long Liquidation
Bitcoin (BTC), the world’s oldest and largest cryptocurrency, has been undergoing a massive price correction recently. The bearish turn came shortly after the 11 Spot Bitcoin ETFs went live. Initially, the BTC price propelled up to $49,000, however, it eventually plummeted below the $43,000 level. In the midst of uncertainties around Bitcoin’s price, a crypto […]
Crypto Price Prediction For January 17: LINK, CHZ, RNDR
Crypto Price Prediction: While the current correction trend may project weakness in Bitcoin price momentum. The volume number associated with Spot Bitcoin ETFs is projecting a different scenario. Eric Balchunas Senior ETF Analyst for Bloomberg recently posted on X(formerly known as Twitter) the third-day development of the recently launched Bitcoin ETFs. he stated: Day Three […]
Jamie Dimon Advises Public to Avoid Bitcoin Investment
In an interview with CNBC, Jamie Dimon, the CEO of JPMorgan, made headlines by advising the public to steer clear of investing in Bitcoin. This statement marks the latest in a series of criticisms Dimon has levied against the cryptocurrency. Jamie Dimon’s Stance on Bitcoin and Cryptocurrencies Jamie Dimon has been a longstanding skeptic of […]
Bitcoin ETF Approval Has Sparked Bloomberg Editors’ Concern; Here’s Why
The decision made more than one week ago by the United States Securities and Exchange Commission (SEC) to approve spot Bitcoin ETFs has met with mixed feelings from some Bloomberg editors who strongly believe that the move was premature. Regulation First Before Bitcoin ETF Approval According to a post shared by senior Bloomberg ETF analyst […]
Chainlink Price Prediction for 2024: Will Current Recovery Cycle Surpass $30?
Chainlink price prediction: LINK has recently witnessed a notable surge in its market value, achieving a 15.26% increase over the past week. Early on January 17, it reached a high of $16. This ascent marks a nearly 13% monthly growth for LINK, signaling a robust upward movement in its value. The cryptocurrency’s performance at the […]
Sei Network Price Prediction As Holders Buckle Up For Rocket Ride Breakout Past $1
Sei Network prediction highlights growing stability after a brief dip from its January peak of $0.85, thanks to a firm support level at $0.775. This trailblazer in the world of sector-specific Layer 1 blockchains for decentralized exchanges (DEXes) is currently eyeing a medium-term target of $1, trading comfortably at $0.8 during US business hours on Wednesday. […]
Terra Luna Classic EVM Proposal Officially Passed, LUNC Price To $1?
In a gust of strategic developments, the Terra Classic community recently revealed a monumental achievement for their token as the Terra commune forges ahead with their EVM proposal, garnering significant attention across the broader crypto market. As per a recent statement, the commune has now cracked open the Terra platform to EVM ( Ethereum Virtual […]
China Unveils Revolutionary Guidelines For AI Industry Standards
As the global race for AI development paces each day, countries across the globe gradually advance in fostering apt guidelines to oversee the usage of AI. Aligning with this, China, one of the most populous countries globally, recently issued a draft containing guidelines for standardizing the AI industry within the nation. The country’s industry ministry […]