The recent approval by the United States Securities and Exchange Commission (SEC) for the launch of spot Bitcoin exchange-traded funds (ETFs) has sent shockwaves through the crypto market. Anthony Scaramucci, founder and CEO of SkyBridge Capital, one of the leading alternative asset management firms, has boldly predicted that Bitcoin will reach its all-time high by
Ethereum has recently made a stunning leap, overshadowing Bitcoin with a 14% surge in just two weeks. Surpassing $2,600 for the first time since May 2022, Ethereum has shattered a major psychological barrier. This breakthrough not only confirms the ongoing uptrend but also triggers a wave of technical buy signals, propelling the price even higher.
The recent approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) marks a significant milestone in the history of US trading. These investment funds have already demonstrated increased institutional demand for Bitcoin, with over $800 million in total net inflows and $3.6 billion in trading volume recorded in the first two
The dApp industry has witnessed a remarkable surge in growth, as revealed by DappRadar’s 2023 Industry Report. This comprehensive report offers valuable insights into the dynamic landscape of the industry, shedding light on the key trends observed in NFTs, DeFi, and blockchain gaming. The report highlights the unprecedented increase of 124% in Unique Active Wallets
Solana (SOL) has made impressive strides in recent years, and there are indications that this promising cryptocurrency could continue its upward trajectory. According to crypto analyst Ali Martinez, SOL may reach as high as $150 in the near future. Martinez points out that Solana is breaking out from a bull flag pattern on the 4-hour
The price of Bitcoin has been enjoying a strong bullish momentum following the approval and launch of Spot Bitcoin ETFs. However, crypto analyst Jason Pizzino predicts a potential halt in this upward trajectory. In a recent YouTube video, Pizzino shared his insights on the current market conditions of Bitcoin, highlighting a crucial resistance point that
The world of blockchain games has seen its fair share of ups and downs. The latest data from the Big Blockchain Game List reveals that more than 30% of announced blockchain games in 2023 have either been discontinued or canceled. This brings us to question the sustainability and viability of this emerging industry. As of
India’s recent move to block access to global crypto exchanges, including Binance, KuCoin, and OKX, has sent shockwaves throughout the cryptocurrency community. This article will delve into the implications of India’s decision, the potential reasons behind it, and its impact on both Indian and foreign cryptocurrency exchanges. On January 12th, India implemented an IP block
The rise of decentralized finance (DeFi) has undoubtedly sparked excitement and potential within the financial industry. However, a recent report by the Commodity Futures Trading Commission (CFTC) sheds light on the glaring issues and risks that plague this emerging sector. In analyzing the report, it becomes evident that DeFi systems lack clear lines of responsibility
Shiba Inu (SHIB), the meme-inspired cryptocurrency, has experienced a significant downtrend since the beginning of the month. Its price plummeted by 20% from the yearly open and reached a low of $0.000008735 on January 8th. Although SHIB has recovered by 15% since then, trading at $0.000009763, it is still showing signs of decline with a
Cardano, the blockchain network, has recently introduced several updates to enhance its performance and scalability. In its latest report, Essential Cardano, the team behind Input Output Global (IOG) outlined the improvements made to the network. One of the upgrades includes the introduction of a new version of the client, v.8.7.3. This version specifically addresses an
South Korea’s Financial Services Commission (FSC) has expressed concerns about domestic securities firms brokering overseas-listed Bitcoin spot exchange-traded funds (ETFs). In a notice released on January 12, the regulator acknowledged the country’s efforts to create a regulatory framework for the emerging industry but warned that these brokerage services for foreign ETFs might violate local laws.
The recent approval of a Bitcoin spot ETF in the US has created a significant impact on the cryptocurrency market, resulting in a surge in prices. Among the altcoins, Ethereum Classic (ETC) stands out with an impressive rally of over 50% in the past week. This surge is a result of increased institutional interest in
In the world of cryptocurrency, meme coins have gained significant attention due to their explosive price movements. One such coin that recently experienced a skyrocketing rally is Poldo Token. With an astonishing overnight price explosion of over 35,000%, Poldo Token has become the talk of the town. However, as with any investment, it is crucial