SOL Price Corrects Gains But The Rally Is Far From Over – Here’s Why
Solana rallied above the $100 and $110 levels. SOL price is now correcting gains, but the bulls might remain active near the $100 level. SOL price started a fresh rally above the $100 resistance against the US Dollar. The price is now trading above…
Ark Invest CEO Cathie Wood Expects Spot Bitcoin ETFs to Boost BTC Price ‘Significantly’
Cathie Wood, CEO of Ark Investment Management, foresees widespread institutional involvement in spot bitcoin exchange-traded funds (ETFs) following anticipated approval by the U.S. Securities and Exchange Commission (SEC). “All we need is for…
Ethereum Price Retreats From Highs But Technicals Suggest Upside Continuation
Ethereum price is correcting gains from the $2,440 zone. ETH is correcting gains, but the bulls might remain active near the $2,300 and $2,240 support levels. Ethereum is correcting gains and trading below the $2,400 level. The price is trading…
Bitcoin Price Faces Another Rejection, Why BTC Is At Risk Before The New Year
Bitcoin price failed again to clear the $44,000 resistance zone. BTC is declining and might be at risk of a downside break below the $41,500 level. Bitcoin is slowly moving lower from the $43,800 resistance zone. The price is trading below $43,000…
Peter Schiff Says ‘Big Surprise’ Awaits in 2024 — Warns of Crash, Recession, High Inflation Returning With Vengeance
Economist Peter Schiff has shared some predictions for 2024. “The big surprise in 2024 will not only be that the economy crashes into recession, but that high inflation returns with a vengeance,” he described. The technicals are…
Former US President Donald Trump Selling ETH Worth Millions of Dollars, Analysis Indicates
An analysis by crypto intelligence firm Arkham indicates that Donald Trump, the 45th President of the United States, is selling millions of dollars in ether acquired from selling his non-fungible token (NFT) collections. The analytics firm also…
Binance 2023 Report Reveals: 40 Million New Users Added, Total Registered Users Reach 170 Million
In its recently released 2023 review report, Binance, the world’s leading cryptocurrency exchange, showcased significant growth despite facing legal disputes and regulatory scrutiny. The report highlighted the evolving crypto market…
CryptoQuant Sound Alarm: Spot Bitcoin ETF Approval May Trigger Drop To $32,000, Here’s Why
A recent report from CryptoQuant has sparked discussions, suggesting that a Bitcoin spot exchange-traded fund (ETF) approval by the US Securities and Exchange Commission (SEC) could lead to a significant market event. This possibility arises amid…
Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: ‘At Least Encode the Jpeg on the Blockchain’
Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image…
Cathie Wood’s ARK ETF Overhauls Bitcoin Portfolio: ProShares In, Grayscale Out – What’s The Strategy?
In a significant shake-up of its Bitcoin (BTC)-related holdings, Cathie Wood’s ARK Next Generation Internet exchange-traded fund (ETF) has made strategic changes as BTC ends the year with a significant 156% surge. According to a Bloomberg…
Study Observes Consolidation of Bitcoin Mining Rewards With Antpool
In a significant shift within the bitcoin mining landscape, Antpool’s resurgence in 2023 has marked a notable trend in the consolidation of bitcoin rewards, surpassing Foundry USA in blocks mined. The Miner Mag’s recent analysis…
Bitcoin Whales Bought The Recent Dip While Market Panicked
On-chain data suggests the Bitcoin whales may have participated in a significant amount of buying while the market was panicking about the recent lows. Bitcoin Exchange Netflow Has Been Quite Negative Recently An analyst in a CryptoQuant Quicktake…
A Crypto Christmas Special With Sheraz Ahmed: Past, Present, And Future
Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Related Reading: A Crypto Christmas…
Bloomberg ETF Analyst Reassures Spot Bitcoin ETFs Will Hold Actual BTC, Amidst Concerns
Amid rapidly growing anticipation for the launch of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, concerns have arisen from many in the Bitcoin community regarding if these funds will truly hold spot Bitcoin or not. In…
L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value
Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $1…
XRP Price Surge: ‘Dumb Money’ Will Miss Out, Analyst Cautions
Popular crypto analyst JD, known for predicting XRP’s bottom at the $0.28 price level, has warned of a batch of ‘dumb money’ traders missing on the next XRP price surge. According to JD, this set of traders may overlook the…
PancakeSwap To Burn 300 Million CAKE, Why Is This Whale Moving Coins?
Amidst PancakeSwap’s proposal to burn 300 million CAKE and reduce the total supply from 750 million to 450 million CAKE, on-chain data indicates that a whale has been moving a significant amount of CAKE, the decentralized exchange’s…
Kunal Bhasin, co-leader of KPMG Canada’s crypto asset and blockchain practice, debunks many of the bitcoin myths in the final Crypto for Advisors issue of the year.
On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual…
A List of Every Wall Street Giant Seeking to Launch a Bitcoin ETF
As soon as January, a Bitcoin spot ETF could be live in the U.S. – but while that much appears likely, it remains to be seen which specific investment vehicles will be approved.Indeed, in advance of the January 10 deadline, anticipation is high…
Bitcoin ETF Approval Tipped to Be 'Sell The News' Event: CryptoQuant
Bitcoin [BTC] is expected to experience a period of downside following a potential ETF approval over the coming weeks as trader's unrealized profits linger at a level that historically precedes a correction, according to data provider CryptoQuant.
BRC20.com Raises $1.5 Million to Provide Infrastructure for Bitcoin Tokens
Newly launched Bitcoin tokens platform BRC20.com has raised $1.5 million in funding led by UTXO Management, the asset management arm of Bitcoin Magazine’s parent company BTC Inc.The round included support from Zanshin Capital Management, Unbroken…
Crypto Analyst Predicts Major Price Shift For Cardano (ADA)
LuckSide, a crypto analyst, has weighed in on the price action of Cardano (ADA), giving an analysis of the near-term price performance of the crypto asset. Cardano (ADA) Poised For Bullish Or Bearish Trajectory The crypto analyst recently shared…
Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin climbing over 150% since Jan. 1, 2023. Yet, an impressive 11 out of 13 bitcoin mining firms listed on Nasdaq have seen even more…
Top Banker Reveals Why XRP Price Will Rise 390,000% To $2,500
Crypto analyst Egrag Crypto recently shared an interesting story of his discussion with a top banker regarding the XRP price. The discussion centered around XRP, with Egrag and the banker analyzing how the altcoin could be worth $2,500 in the near…
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