(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) All day, I dream about powder. Whiteout blizzard conditions are preferred. My favourite days are when the grey clouds...Read More
Binance co-founder Yi He held at least a 10% share in Binance’s Cayman Islands holding company, according to a new report by WSJ. A former talk-show host, Yi He, reportedly holds significant influence over the marketing and investment sectors of the company. She also assumes the role of the largest shareholder within the firm in...Read More
Rich Dad, Poor Dad author Robert Kiyosaki has once again urged his followers to consider Bitcoin (BTC) – and not because of anticipation of a spot ETF approval. In a post to X on Wednesday, the real estate investor told followers to “pay attention to [the] Bitcoin halving” over the next three months before its...Read More
Simeon Hyman, a global investment strategist at ProShares, has highlighted the deficiencies in the spot Bitcoin market, citing discrepancies in prices across exchanges and risks associated with various platforms. Notably, expectations among cryptocurrency stakeholders have been centered on the potential approval of a series of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission...Read More
Gamma Strategies – a DeFi protocol built on the Ethereum blockchain – fell victim to an exploit, resulting in a loss of approximately $3.4 million. In response to the attack, the protocol swiftly implemented measures to prevent further losses, temporarily disabling deposits to all public DeFi vaults while keeping withdrawals active for users in need...Read More
The race for the spot Bitcoin ETF is at its peak, as Valkyrie has filed a registration with the US Securities and Exchange Commission (SEC) for its spot Bitcoin ETF. This move follows similar actions taken by several other applicants, including Fidelity, Grayscale, and VanEck, increasing the likelihood of multiple approvals early next week. The...Read More
A group of former Citigroup Inc. executives, along with Franklin Templeton, BTIG, and Broadhaven Ventures, are set to offer securities backed by Bitcoin that they claim do not require approval from U.S. regulators. As the debate and anticipation surrounding the approval or denial of spot Bitcoin ETFs intensify, the executives’ efforts look at an alternative...Read More
In the long term, the Cardano price appears to be in the middle of a parabolic recovery, aiming to form a new ATH at the neckline of the curve. Besides, the technical analysis suggests the rally may encounter some bearish action in the coming days. However, the whales appear to have smelt some bullish signals...Read More
MANA – the native token on the leading virtual reality platform powered by the Ethereum blockchain Decentraland – witnessed a sharp correction as it entered a new year, thereby wiping off all the monthly gains. It fell below a crucial support zone and was currently trading at $0.46. Despite this, MANA maintained growth of approximately...Read More
The options market shows significant interest in Bitcoin’s (BTC) bullish price movement. Investors expect the price of the leading digital asset to move upwards as the January expiration date approaches. Data from crypto options and futures exchange Deribit shows that the majority of contracts are calls with a strike price of $50,000. This indicates that...Read More
On January 3, a significant development led to an impressive 80% surge in the value of the Ethereum Name Service (ENS) token. This sudden increase, which marked an eight-month high, can be attributed to the public recognition and praise given by Ethereum’s co-founder, Vitalik Buterin, highlighting the importance and value of this service. Vitalik Buterin’s...Read More
Around $100 billion has left the crypto market over the past 24 hours as Bitcoin crashed in late trading on Jan. 3. BTC slumped as much as 8% to bottom out at around $42,000 before recovering to reclaim $43,000 again on Jan. 4. Many have cited reports and rumors that the highly anticipated pack of...Read More
Fidelity Investments, the $4.5 trillion asset manager, has taken a pivotal step towards mainstream adoption of cryptocurrencies by filing for SEC registration of its spot bitcoin ETF again. SEC Registration The filing, which involves submitting SEC Form 8-A, is a critical step towards making the bitcoin fund available for public trading, pending regulatory approval. By...Read More
In a recent post on social media platform X, cryptocurrency analyst Bit Paine presented a compelling forecast for the value of Bitcoin (BTC) reaching $1 million by January 3, 2025. Paine provides an in-depth analysis, highlighting key factors that could drive this significant value increase. Analyst Predicts Potential Supply Shock in Bitcoin Market Paine’s analysis...Read More
