Cathie Wood’s investment management firm Ark Invest can resume buying Coinbase (COIN) shares after the crypto exchange’s earnings report on February 15, similar to the recent buying of commission-free trading app Robinhood Markets (HOOD) shares after the Q4 earnings report. Cathie Wood’s Ark Invest Buys Robinhood Shares, Coinbase Next On February 13, Cathie Wood’s Ark […]
Cryptos to Gift on Valentines Day : Top 10 Cryptocurrencies Under $10
Valentine’s Day, a celebration of love and affection, is already here. If you’re looking to spice up your gift-giving game this year, why not consider something a bit more unconventional? Picture this: a gift that combines romance with the exciting world of cryptocurrency. In 2024, gifting crypto is not only trendy but also a savvy […]
Spot Ethereum ETF: How Will Bitcoin Aid In Ethereum’s Price Rally?
The crypto market is abuzz with anticipation as Layergg, a prominent research platform, reveals insights into the imminent arrival of the Spot Ethereum ETF on the X platform. With just 100 days remaining until the anticipated approval, investors are keen to understand the potential impact on Ethereum’s trajectory and the broader market dynamics. So, let’s […]
Can Fed’s Preferred Gauge PCE Disappoint Too After CPI Comes In Hot?
The U.S. Federal Reserve mandates to bring inflation under the 2% target and the FOMC looks at key economic data such as PCE, CPI, and jobs for monetary policy decisions. Fed officials, economists, and analysts now look at personal consumption expenditures (PCE) as CPI and core CPI came in hotter. While investors reassess monetary policy prospects, […]
Bitcoin (BTC) Price Holds Firm Amid Global Market Slump, What’s Next?
On Tuesday, the price of Bitcoin (BTC) experienced a modest decline following the release of January’s consumer price index (CPI) inflation data by the U.S. Bureau of Labor Statistics. The CPI figure of 3.1% exceeded street expectations, which anticipated a rate of 2.9%. Consequently, Wall Street witnessed a significant downturn, with the S&P 500 Index […]
COPA Trial On Satoshi Nakamoto’s Identity: Craig Wright’s Testimony Sparks Controversy
The courtroom drama unfolds as Craig Wright, the self-proclaimed inventor of Bitcoin, faces cross-examination in the Crypto Open Patent Alliance (COPA) trial. Notably, with tensions running high, Wright’s claims of being Satoshi Nakamoto are under intense scrutiny, leaving the crypto community skeptical. Meanwhile, amid accusations of forgery and the quest for cryptographic evidence, the trial […]
Bitcoin ETF Inflows Show Gold Disruption Can Come Sooner Than Expected
The inflows in spot Bitcoin ETF have surged once again in February clocking nearly $500 million a day before. Interestingly, the pace of inflows has caught investors’ attention with many of them expecting that Bitcoin would eat into Gold’s market share sooner than expected. Bitcoin (BTC) – A sound Money Asset According to insights provided […]
XRP Whale Offloads 28 Mln Coins As Price Dips Below $0.53, What’s Next?
In a thrilling turn of events, XRP, one of the top 6 cryptocurrencies by global market cap, birthed a cyclone of speculations across the broader crypto market today, following the jotting down of significant whale activity within the crypto realm. On-chain data hovering over the market pointed out that a whale recently offloaded a staggering […]
Crypto Market : Is Crypto Market Falling Today?
Today, the crypto market performance appears flat and red, contrasting with recent volatility where there was a wide price fluctuation. Currently, many cryptocurrencies are trading way below their all time highs. In this article, we will delve into factors contributing to the current market crash. Crypto Market Performance Overview Crypto Market Performance by Market Cap […]
Robinhood Revenue Up 10% to $43M, Boosts Coinbase Speculation
Robinhood has unveiled a significant surge in its cryptocurrency earnings. According to its latest quarterly financial disclosure, Robinhood witnessed a substantial 10% uptick in crypto revenue compared to the previous year, totaling an impressive $43 million. This surge is largely credited to increased user engagement and heightened trading volumes observed on the platform throughout the […]