The crypto hedge fund, previously known as LedgerPrime, has been relaunched under a new identity, MNNC Group, which promises to be a comeback for the organization following the bankruptcy of FTX. This rebranding is positioned as a shift in the investment landscape for crypto to harness the team’s experience, including the former LedgerPrime members. Among […]
OKX and Uniswap Team Up to Eliminate Trading Gas Fees
OKX, a prominent cryptocurrency exchange, has announced its integration with Uniswap Labs‘ application programming interface (API). This collaboration introduces a revolutionary feature named “Snap,” which aims to facilitate gas-free trading on OKX’s decentralized exchange (DEX). According to Jason Lau, Chief Innovation Officer at OKX, this feature simplifies the process of decentralized token swapping, leveraging the […]
Spot Bitcoin ETF: BlackRock To Launch IBIT In Brazil
Top investment asset management firm BlackRock is moving very fast in its spot Bitcoin ETF journey as the firm is currently eyeing Brazil as the next country to launch its flagship BTC fund – IBIT. BlackRock Spot Bitcoin ETF to Expand to Brazil Less than two months after receiving approval from the United States Securities […]
Bitcoin’s Supply and Demand Imbalance in Limelight; Price Surge Ahead?
Bitcoin prices shot up to $63K during an upbeat trading session on Thursday. The bullish trading sentiments were buoyed by an increase in inflows for Bitcoin ETFs and risk appetite for investors. However, one elephant in the room that hasn’t been recognized yet is the supply and demand imbalance. Bitcoin Demand Stays Higher Than Supply […]
Terra Luna Classic Reaches 100 Billion LUNC Burn Landmark, LUNC Price Jumps 10%
Terra Luna Classic community’s campaign to reduce LUNC supply through token burn has hit the 100 billion LUNC landmark. The world’s largest crypto exchange Binance has contributed immensely to LUNC burn with its monthly LUNC burn mechanism, accounting for over 51% of the total LUNC burned by the community. The community currently awaits Binance’s 19th […]
Solana Price Prediction: Is SOL’s Rally To $200 Imminent In March?
Solana price prediction: SOL has made remarkable strides in the past day, demonstrating a strong bullish pattern on its chart. Witnessing an impressive rally, Solana’s value has soared by over 14%, reaching a new year’s peak at $130. This surge is part of a wider market upswing spearheaded by Bitcoin, which has surpassed the […]
Blackrock’s Bitcoin ETF Nears $10 Billion AUM Sooner Than Expected
Bitcoin ETFs have seen an upbeat week so far. After breaking multiple records, the net inflows for the newly launched ETFs have crossed an all-time high. Amid the bull run, Blackrock’s Bitcoin ETF (IBIT) has benefitted the most from the robust trading. At present the anticipation of IBIT hitting $10 billion in assets has shifted […]
Bitcoin, Ethereum, Solana Crypto Price Prediction: Is The ETF Rally On Course To $70,000?
Bitcoin’s surprise move on Wednesday from a low of $56,738 to $63,913 sparked widespread price increases among altcoins with Ethereum (ETH) leading the charge to $3,500. Based on the latest crypto price prediction, both fundamentals and technical levels are strong for a continued rally towards the all-time high near $70,000 and BTC’s eventual climb above $70,000. […]
Bitcoin Rally as US PCE Cools to 2.4%, Fed Rate Cuts in June
The U.S. Bureau of Economic Analysis announced the U.S. Federal Reserve’s (Fed) preferred inflation gauge PCE data for January. The PCE in the US went up 0.3% month-over-month in January, the most in four months, following a 0.2% rise in December. Also, the monthly core PCE index, which excludes food and energy, rise to 0.4%, the […]
LUNC Price: How 100B Token Burn Could Send Terra Luna Classic To $1
Terra Luna Classic joined other cryptocurrencies as they rallied this week buoyed by a staggering breakout in Bitcoin price to highs near $64,000. LUNC price, amidst the volatility in the market, doubled down on bullish efforts to blast from a weekly low of $0.0001137 to the current yearly high of $0.0001563. While investors contemplate taking profits or […]