Bitcoin (BTC), the world’s first cryptocurrency, has been attaining lower lows a week after the iconic approval of Spot Bitcoin ETFs. In addition, the BTC price extended below the $42,000 level. Moreover, Bitcoin dominance has peaked in the pre-halving phase and crypto analysts are now expecting Bitcoin to hit the bottom, which could propel altcoins […]

The Terra Luna Classic (LUNC) community proposal to restore the number of validators to 130 was officially rejected. It became one of the two key proposals turned down by the community that would have helped boost the utility and security of the Terra Classic chain. Validators voted against the proposal reasoning it as selfish and […]

Cathie Wood’s asset management firm Ark Invest continues to offload parked holdings in ProShares Bitcoin Strategy ETF (BITO) to invest in its newly launched Ark 21Shares spot Bitcoin ETF (ARKB). ETF experts believe it could be a matter of time before Ark Invest brings its active fund management strategy to entire crypto exchange-traded funds (ETFs). […]

Two prominent institutions in their bankruptcy liquidation phase, Celsius and FTX, have been actively engaged in massive crypto asset transfers. Celsius and FTX moved millions worth of Ethereum (ETH), Polygon (MATIC), and Wrapped Bitcoin (WBTC) to exchanges. This comes after both institutions promised to repay their formal clients or creditors via their crypto treasury. Celsius […]

Experiencing significant selling pressure earlier in the month, Bitcoin (BTC), the world’s largest cryptocurrency, saw a modest recovery on Friday, January 19. At press time, the Bitcoin price is trading at $41,500 levels with a market cap of $803 billion. Bitcoin Sees Bullish Divergence on RSI In a recent update, on-chain data provider Santiment brings […]

Solana price trends have recently undergone a minor retreat following bearish market influences. Currently  pegged at $91.93, SOL manifests a modest intraday depreciation exceeding 3%, hinting at a prevalent selling momentum. Market analyses suggest this minor dip might fuel expectations of an impending price descent. The market valuation of SOL presently stands at approximately $39 […]

Crypto Price Prediction: The cryptocurrency market has recently been undergoing a correction phase, accelerated by the Bitcoin price drop below $42,000. This downward trend is largely driven by concerns surrounding the Bitcoin ETF launch, which is perceived as a possible ‘sell-the-news’ event, alongside Grayscale’s liquidation of its Bitcoin holdings. Despite this, a closer examination using […]

UMA, the native cryptocurrency of the Universal Access Protocol, has been on a strong price rally recently surging all the way to $4.5. Just within the last two days, the UMA price has gained a staggering 128% with skyrocketing trading volumes. UMA Price And Funding Opportunities In a surprising turn of events, $UMA has successfully […]

Coinbase CEO Brian Armstrong recently extended respect to JPMorgan CEO Jamie Dimon despite their differing views on Bitcoin (BTC). Armstrong’s comments came in response to a thread by Cathie Wood of Ark Invest, where she critiqued Dimon’s derogatory remarks on blockchain technology and Bitcoin. Brian Armstrong shows respect for Jamie Dimon In response to Wood’s […]

The first wave of exchange-traded funds tracking Bitcoin is witnessing strong investor interest. Net fund inflows into spot Bitcoin ETFs stood at $33.1 million at the close of the sixth trading day, according to data compiled by BitMEX Research. Financial services giant Fidelity’s Wise Origin Bitcoin Trust (FBTC) accounted for the lion’s share of inflows […]