Bitcoin Decouples From Nasdaq Amid ETF Speculation
The 40-day correlation between the two has declined to zero.
Posts published on January 8, 2024 go to media archive 1/3
XRP Price Prediction – This Resistance Is The Key To Next Rally
XRP price is moving higher from the $0.4540 support. The price could start a fresh rally if there is a clear move above the $0.600 resistance. XRP is attempting a fresh increase from the $0.4540 support level. The price is now trading below $0.5950…
Bank of Spain Announces Partners for Wholesale CBDC Trials
The Bank of Spain has announced that Adhara, a treasury and transactions payment platform, and a consortium formed by Cecabank and Abanca, two private banks, will be its partners in the development of several upcoming wholesale central bank digital…
Ethereum Price Avoids Trend Reversal But Key Hurdle Still Intact
Ethereum price managed to stay above $2,170 and recovered losses. ETH consolidating and still facing many hurdles near $2,350 and $2,400. Ethereum is attempting a fresh increase above the $2,300 resistance level. The price is trading above $2,250…
SEC Hustles to Answer Latest Bitcoin ETF Filings: Source
Officials with the U.S. Securities and Exchange Commission sent comments to the issuers of a set of bitcoin exchange-traded fund (ETF) filings just hours after the companies filed their amended S-1 documents, which listed fees for their proposed…
Ark Invest CEO Expects Spot Bitcoin ETFs to Attract ‘Substantial’ Institutional Flows, Pushing BTC ‘Much Higher’
Bitcoin Price Rallies 5% and $48K Now Seems Imminent
Bitcoin price was able to clear the $44,500 and $44,700 resistance levels. BTC is up over 5% and might soon attempt a move toward $48,000. Bitcoin is gaining pace above the $45,500 resistance zone. The price is trading above $45,000 and the 100…
Former SEC Chair Affirms: ‘Nothing Left To Decide,’ Bitcoin ETF Approval Imminent
As anticipation builds around major asset managers’ potential approval of Bitcoin ETF applications, former US Securities and Exchange Commission (SEC) chair Jay Clayton has added his voice to the discussion. Clayton, who served as SEC chair…
SEC Expected to Approve ‘a Handful’ of Spot Bitcoin ETFs on Wednesday, Report
SEC Chair Gary Gensler Issues Crypto Warnings as Spot Bitcoin ETF Decision Looms
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings about crypto investing amid soaring anticipation for potential spot bitcoin ETF approvals. The SEC chief stressed that crypto investors “should understand…
Ethereum Poised For Breakout? Analyst Pinpoint Key Levels For Monumental Surge
So far, Ethereum appears to be showing signs of an impending bullish run, according to Crypto Tony, a renowned analyst in the crypto space. Crypto Tony suggests that Ethereum’s journey to bullish momentum could commence if it successfully…
Visa Adopts Web3 Tech for Its New Loyalty Engagement Solution
Visa, a worldwide leader in credit payment technology, has announced that it will include Web3 elements in its customized loyalty program solution. The company partnered with Smartmedia Technologies, a Web3 loyalty rewards startup, to add…
Crypto Analyst Identifies XRP Bear Flag To Trigger A Massive Crash To $0.07
XRP, like the rest of the crypto market, is seeing an active retrace that has sent prices back toward levels not seen since last year. As anticipation around a potential Bitcoin Spot ETF approval builds up for this week, expectations are that this…
Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee
Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee. Shift in House Financial…
Bitcoin Correlation To Nasdaq Continues To Be Negative: What It Means
Data shows the Bitcoin correlation to the Nasdaq has continued to be negative since December. Here’s what this means for the cryptocurrency. Bitcoin 60-Day Correlation To Nasdaq 100 Is Negative Right Now In a new post on X, the analytics firm…
Gold Rush Continues – Central Banks Purchased 44 Tonnes in November
Krishan Gopaul, senior analyst of the World Gold Council, revealed that central banks kept adding gold to their reserves during November. According to public records and reports from the International Monetary Fund (IMF), central banks added 44t of…
Forbes Says Spot Bitcoin ETF Approval Will Send BTC Price To $80,000
Global media company Forbes has published a column predicting a staggering $80,000 price surge for Bitcoin following the approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). Bitcoin To Rise $80,000 American…
Blue Check Manifesto
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF of this article. Click the image above to subscribe! Freedom is not granted; it is taken…
Mercury Layer: A Massive Improvement On Statechains
CommerceBlock is releasing Mercury Layer today, an improved version of their variation of a statechain. You can read a longer form explanation of how their Mercury statechains work here. The upgrade to Mercury Layer represents a massive improvement…
Bitcoin Soars Past $47K, Outstrips Meta in Market Cap Amid ETF Speculation and Intense Trading
Bitcoin breached the $47K threshold on Monday, fueled by growing excitement over the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). The leading crypto asset kicked off the day at $43,247 per unit, then climbed to a peak of…
Was Solana A Q4 2023 “Bubble” That Has Popped?
The crypto market has recently been a roller coaster, especially in H2 2023. Solana, a high-throughput blockchain, emerged as one of the best performers in the top 10 coins by market cap. In Q4 2023, Solana soared, reaching highs of around $125…
Bitcoin Price Breaks Through $47,000, Bullish Sentiment Builds With Anticipation Of ETF Approval
With the Bitcoin price soaring to new highs, the cryptocurrency community is excitedly buzzing as all signs point towards an imminent approval of the highly anticipated Bitcoin Exchange-Traded Fund (ETF) applications. This positive sentiment has…
Reviving Retro — Ninjalerts CEO Unveils SNES Emulator on Bitcoin Blockchain to Preserve Classic Games
The chief executive officer of Ninjalerts announced on Monday that a functional Super Nintendo Entertainment System (SNES) emulator has been successfully encoded onto the Bitcoin blockchain. The head of Ninjalerts emphasized that the inscription of…
BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish
Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.
Bitcoin ETFs: The Bear Case
Bitcoin exchange traded funds may not actually be approved, due to the SEC’s long-held concerns about market manipulation. And, if they are, they could change the nature of Bitcoin itself, to the detriment of Satoshi Nakamoto’s original vision, say…
A Bullish Beginning? $151 Million Poured Into Crypto Funds In 2024’s First Week
The first week of 2024 marked a notable milestone in crypto asset investments. Investment products in this particular sector witnessed inflows amounting to $151 million, according to a recent report from CoinShares. Crypto Asset Funds Sees Surge In…
Morgan Stanley’s Chief Economist Predicts Rate Cuts ‘This Year’ as Market Eyes Federal Reserve’s Next Move
This year, mirroring last year’s speculation, market observers are keenly awaiting decisions from the U.S. Federal Reserve concerning the federal funds rate, with a particular focus on potential rate cuts this year. Ellen Zentner, Morgan…
Mysterious $1.2M Bitcoin Transaction to Satoshi Nakamoto Sparks Speculations
The wallet receiving the hefty payout is the address that mined the Bitcoin network's first-ever block reward some 15 years ago, commencing the start of the blockchain.
Spot Bitcoin ETFs Could Trade Live on Thursday or Friday: CNBC
Spot Bitcoin Exchange-Traded Funds (ETFs) could potentially commence live trading as early as Thursday or Friday, with approval happening this Wednesday, sources close to the matter told CNBC. This news comes amid intense anticipation for the…
Layer 1 Areon to Launch Mainnet on January 12
PRESS RELEASE. A highly anticipated layer 1 project, Areon Network, is launching their mainnet on January 12, remarking the start of the Areon ecosystem. The date also coincides with Areon’s self-designated birthday: the day when their token AREA…