Legendary trader Peter Brandt has once again come out against Ethereum (ETH) in a bid to reinforce his beliefs that the digital currency has a bearish future. The Weak Ethereum (ETH) Price Chart According to a post on X, Peter Brandt noted his bias on Ethereum, adding that he believes a short position on X […]
Bitcoin ETF Announcement Unlikely to Disrupt Bitcoin Market: K33 Analysis
The U.S. Securities and Exchange Commission (SEC) is on the cusp of a critical decision regarding Bitcoin spot ETFs, and market dynamics suggest a tempered response is likely. K33 Research analysts Vetle Lunde and Anders Helseth indicate a shift in market sentiment following last week’s significant leverage shakeout. Consequently, fears of a sell-the-news event after […]
Polygon Labs Partners with Fox for Verify Initiative
Polygon Labs, in collaboration with Fox, announced the launch of a groundbreaking technology platform, Verify, on January 9. This innovative tool is designed to authenticate the origin of media content, a significant step forward in an era increasingly dominated by AI-generated material. Verify aims to enable users to confidently determine the true source of articles […]
Injective Price Prediction: Dissecting INJ Bullish Outlook To $70 As Token Unlock Beckons
Injective price dynamics have been fluctuating significantly over the past week as investors and traders grapple with the implications of the upcoming token unlock for the Injective Protocol’s native token, INJ. The market has witnessed a tug-of-war between buying and selling pressures, yet there are emerging signs that the bulls may be gaining an upper […]
Bitcoin Price Above $46000 Brings 90% Addresses in Profit, Is $60k Next Target?
The Bitcoin price regains momentum as market confidence towards the approval of Spot Bitcoin ETFs continues to grow. On January 8th, the U.S. Securities and Exchange Commission (SEC) rapidly reviewed and provided feedback to several companies proposing spot Bitcoin exchange-traded funds (ETFs), just hours after these firms submitted their fee structure documents. This quick response […]
El Salvador’s Bitcoin Gamble Pays Off with $11.76M in Gains
El Salvador’s venture into Bitcoin investment has borne fruit, with the nation currently holding an impressive $11.76 million in unrealized gains. This development marks a significant shift from the initial losses faced in the early stages of the investment. El Salvador’s Bitcoin Strategy El Salvador’s journey into the Bitcoin market commenced in September 2021, acquiring […]
Evmos Foundation Recovers $7.6 Million in Tokens from Former Co-Founder
The Evmos Foundation has successfully reclaimed 59.4 million tokens, equivalent to $7.6 million, from Akash Khosla, its former co-founder. This development follows a period of uncertainty and operational disagreements that led to Khosla’s departure last year. The recovered tokens, which include both vested and unvested amounts, mark a step towards realigning the token distribution in […]
Binance Coin Price Prediction as Buyers Break 21 Months Accumulation to Chase $450
Binance Coin Price Prediction: For the past two weeks, the native token of the world’s largest crypto exchange Binance- BNB has been highly volatile. This sideways action came in response to the market’s long-awaited decision of the US SEC on spot Bitcoin ETF approval. As the regulatory agency increasingly leans towards approving this digital asset, […]
Elon Musk’s X to Launch Payment Option This Year
In a bold move that aligns with his reputation for pushing the boundaries of innovation, Elon Musk’s X is gearing up to introduce its payment offering later this year. Known for his ventures in electric vehicles, and space exploration, Elon Musk continues to diversify his portfolio with this innovative foray into the financial sector. Actualizing […]
Spot Bitcoin ETF: Grayscale Investments Submits New S-3 Amendment
Grayscale Investments, is resetting its focus in line with the pursuit of its spot Bitcoin ETF product with the latest S-3 amendment filed with the United States Securities and Exchange Commission (SEC). One unique change riding on the comment from the market regulator is to explicitly state the associated risks in the case of bankruptcy […]