Jurrien Timmer, a high-ranking executive at Fidelity Investments, shed light on the expected impact of the U.S. Securities and Exchange Commission’s (SEC) approval of spot Bitcoin ETFs on the cryptocurrency market. Timmer, highlighting the decision as a significant step for Bitcoin, anticipates short-term volatility following this development. Fidelity Executive Analyzes Bitcoin ETF Approval Fidelity Investments’ […]
Is The Bitcoin Price Correction Post BTC ETF Correction To $42k Healthy?
Jitters are spreading across the crypto community like wildfire raising questions about whether Bitcoin price will continue with the correction from its 2024 peak at $49,000 to below $40,000. There was a modest price increase after the Securities and Exchange Commission (SEC) approved a bunch of spot BTC ETFs but the short-lived trend fizzled out, leaving the […]
Best Crypto To Buy January 17: BTC, DOGE, SEI
Investing in the crypto market demands a lot from market participants from patience, willingness to take risks, and patience. At the moment, patience seems to be the most important quality every investor should have, considering BTC price dumped reaching below $42,000 instead of pumping past $50,000 following the green light of the spot Bitcoin ETF. […]
Crypto Market Expert Spotlights Bitcoin ETF Saga as Net Flows Surpass $780M
In a bold chess play of progress, the recent inception of spot Bitcoin ETFs within the trading landscape appears to have gained significant traction globally. With market charts portraying a phenomenal surge in the burgeoning popularity of ETFs, a renowned financial market expert spotlighted the financial product’s commencing chronicle, nabbing the financial market’s attention globally. […]
Binance Issues Crucial Advisory to BTC, XRP, ADA Futures Traders
Binance, the leading global cryptocurrency exchange, has recently issued an important notice for its futures traders. The platform, known for its extensive trading volume, addressed a technical issue where some futures traders received outdated notifications about their past trades. While these notifications do not impact current trading activities, Binance has extended apologies for any inconvenience […]
Here’s Why Dogecoin Price Dip to $0.8 May Bolster 25% Upswing
Dogecoin Price Prediction: The current downtrend in Dogecoin price takes on a sideways shift as the buyers hold the fort at $0.75. This consolidation teases a reversal for meme coins if the buyers complete the double-bottom pattern. Despite the 8.5% decline over the past week, the DOGE price trend teases a reversal rally with a […]
Best Altcoins To Buy January 17: ETH, TIA, SUI
Bitcoin’s performance after the BTC ETF approval last week was a bummer. Most speculators anticipated a price surge above $50,000 but all they got was a sharp dip below $42,000. Although the largest crypto had climbed to $42,563 during US business hours on Wednesday, market doldrums are still in full force. For some investors, turning to the […]
Crypto Investment Products Grapple with $424M in Outflows
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 […]