The widely anticipated approval of over a dozen spot Bitcoin exchange-traded funds (ETFs) in the United States could be a sell-the-news event that would cause the price of BTC to move in the opposite direction. According to the latest weekly report from market analytics platform CryptoQuant, the prediction is substantiated by market participants sitting on...Read More
The Bitcoin price continues to consolidate within the predetermined region, suggesting the token could continue to exhibit a repetitive price action. As the year-end trade is on the horizon, the star crypto is believed to maintain a sideways trend, as the upcoming spot Bitcoin ETF is expected to have a greater impact than the yearly...Read More
In 2023, there was a notable transformation in cryptocurrency investments as crypto venture capital (VC) funding experienced a significant decline of 68%, dropping from the $33.3 billion invested in 2022 to $10.7 billion. Despite this decrease, 2023 remains the third-highest year in total crypto investments, surpassing the figures during the previous bear markets of 2019...Read More
This year witnessed a significant growth in the crypto market, with its total cap doubling. Starting from a low point of $800 billion, the market cap recently peaked at $1.7 trillion, marking the highest level since early May 2022, nearly 20 months prior. Interestingly, this surge is not mainly driven by Bitcoin, as seen in...Read More
