While the crypto market stakeholders are all but certain that the United States Securities and Exchange Commission (SEC) would give a nod to the first ever spot Bitcoin ETF in the US, rumors are afloat that applications for an XRP ETF is soon to come. Also Read: SEC Veteran Labels Spot Bitcoin ETF Applicants “Opportunistic […]
BTC Price Prediction As Bitcoin Halving 100 Day Countdown Begins
As the United States Securities and Exchange Commission (SEC) is widely expected to give out approvals to the spot Bitcoin ETF approval, the date for Bitcoin Halving is approaching. The Halving event historically produced significantly higher returns to Bitcoin BTC Price following the event compared to the lead up to the event. Also Read: Polygon […]
Top Altcoins to Buy January 7: SOL, SEI, GMT
Top Altcoin: On Sunday, the crypto market has been trading the majority as all eyes are set on the potential approval of Spot bitcoin ETFs. This could be a calm-before-the-storm situation as either result of this topic would like to trigger a massive move on the respective side. However, the current market outlook favors buyers […]
Crypto News Stories of the Week: Bitcoin ETF Trends, Jim Cramer Backtracks, ChatGPT Store and More
The week from January 1 to date was an eclectic one for the digital currency ecosystem with anticipation for spot Bitcoin ETF approval entering a whole new level. While the market suffered a major drawdown following a bearish report from Matrixport, there is a general calmness now with new capital flowing into the ecosystem. With […]
SEC Veteran Labels Spot Bitcoin ETF Applicants “Opportunistic Cartels”
John Reed Stark, a former enforcement officer with the United States Securities and Exchange Commission (SEC) has labeled spot Bitcoin ETF applicants as “opportunistic cartels” that are trying to capitalize on a product that has no inherent value. John Reed Stark’s View of Spot Bitcoin ETF There are a few opponents of a spot Bitcoin […]
Will Bitcoin ($BTC) Price Surpass $55000 Next Week?
Over the past five weeks, the Bitcoin price has been highly volatile indicating the market participants are waiting for the approval of spot Bitcoin ETFs. Despite making notable swings in the daily chart, the price movement is confined within a channel pattern projecting a shallow recovery. Here’s how this pattern could foretell the near-term future […]
Shiba Inu’s Shibarium Loses Steam, Is This the Reason for SHIB’s Fall?
Shibarium, the Shiba Inu-backed Lyer-2 scaling solution is seeing its transaction count slump in a waning adoption on the network. Shibarium Transactions Trend Change According to data from the Shibarium Explorer, daily transactions are now pegged at 5.69 million, down from the general average of 7 million over the past month. The data shows a […]
Polygon Flips Solana as Third Largest NFT Trading Network
The Polygon NFT volume has outranked that of Solana (SOL) in the past 24 hours. According to data from CryptoSlam, the popular Ethereum-based Layer-2 scaling protocol now ranks in the third position after Bitcoin (BTC) and Ethereum (ETH), sending Solana to the 4th position. Interesting Polygon NFT Figures CryptoSlam data shows that Polygon has recorded […]
XRP Price Prediction: Key Levels to Watch As $XRP Sees 30% Breakout Rally
XRP Price Prediction: The fifth largest cryptocurrency XRP has been highly volatile for the past two months projecting no dominance from buyers or sellers. Despite making notable price movements to show no commitment to a particular direction. However, this sideways action has adhered to two converging trendlines which indicates the formation of a symmetrical triangle […]
Spot Bitcoin ETF: Odds of SEC Disapproval Falls to 5%
The anticipation for spot Bitcoin ETF approval from the United States Securities and Exchange Commission (SEC) is at an All-Time High (ATH) with analysts finding a limited number of reasons why the market regulator will reject the product at this time. Odds of Spot Bitcoin ETF Rejection According to Bloomberg’s top ETF analyst, Eric Balchunas, […]