Australian Asset Management Firm Transfers Bitcoin ETF Application to Cboe Australia
Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its footprint…
Grayscale Removes Cardano From Its Crypto Large Cap Fund
Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform Ex-Ethereum Fund…
Robert Kiyosaki Responds to Bitcoin Crashing to $200 Prediction by Economist Harry Dent
Rich Dad Poor Dad author Robert Kiyosaki has shared what he will do if the price of bitcoin crashes to $200 as predicted by economist Harry Dent. “Harry Dent is predicting the biggest ‘everything’ crash is coming,” the…
JPMorgan Anticipates SEC Approving Spot Ethereum ETFs After Litigation Process
Global investment bank JPMorgan anticipates that the U.S. Securities and Exchange Commission (SEC) will eventually approve spot ether exchange-traded funds (ETFs). However, the firm pegs the chance of approval in May at 50%, foreseeing a potential…
Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced Democracy
The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin. Moreover, he said the cryptocurrency has been around for…
Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its…
Forget Q1 Slump: Solana Explodes Over 300% Amid DEX Boom
In the first quarter of 2024, Solana became the clear leader thanks to a notable increase in the amount of Decentralized Exchange (DEX) and Decentralized Finance (DeFi). In addition to its remarkable rise in DEX and DeFi sectors, Solana’s…
Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant
Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a peak in daily sales to over-the-counter…
Breakout Of The Year? Crypto Analyst Predicts Where NEAR Is Headed Next
The price of Near Protocol’s native token, NEAR, has been on an upward momentum recently, with a crypto analyst projecting further price increases and suggesting that the coin could see a surge to more than $10 soon. Near Protocol Price Poised For…
US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip
Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of $84.7 million in net outflows on April 1, the ETFs have since…
ADA Price Ready To Soar As Cardano Network Hits New 88.6 Million Transaction Milestone
The Cardano (ADA) price looks set for a significant move to the upside. The network recently hit a new milestone in terms of transactions processed so far, in addition to other bullish fundamentals that could also contribute to the price surge. …
NFT Sales Slide Continues Amid Record Crypto Volumes, Marking Fourth Week of Decline
Over the past week, sales volume for non-fungible tokens (NFTs) experienced another week-on-week decrease, marking a 13.72% reduction. This downturn marks the fourth consecutive week of declining NFT sales, a stark contrast to the record-breaking…
Bitcoin Dips, But Don’t Panic: ETFs See Three Days Of Bullish Inflow
The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC sent jitters through the financial world. Initial concerns about fading demand seem unfounded as Bitcoin ETFs continue to shatter trading volume records. This is further…
Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage
Based on current metrics, the Bitcoin blockchain is set to undergo another difficulty adjustment before the halving, with an anticipated increase of 1.2% to 2.16% around April 11, 2024. Following this adjustment, there will be 1,344 blocks…
Blockchain Space Continues to Evolve Even During Lean Periods, Says Michael Amar
The blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit. Amar believes the resilience shown by market…
Uncomfortable Conversations About Privacy and Security Take the Stage in Amsterdam
PRESS RELEASE. Privacy is dead in crypto, people that know, know. People who don’t know, should know. That’s why CryptoCanal’s ETHDam Conference will gather people from all sides of the blockchain spectrum to discuss the future of privacy and…
Arbitrum (ARB) Poised For Resurgence: Downtrend Reaching Climax?
Generally, the crypto market has been experiencing a pullback after Bitcoin and many other coins like Ethereum have recorded a new all-time high of which Arbitrum (ARB) was not left behind. Arbitrum, which has a lot of potential with a market cap…
Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
The Reserve Bank of Zimbabwe has introduced a foreign exchange and gold-backed “structured currency” to replace the struggling local currency. The structured currency banknotes will be “fully convertible into the reserve currency…
Cardano Price In Turmoil: Can Whales Drive ADA’s Resurrection From Recent Dump?
The Cardano price has been facing a significant amount of bearish pressure over the past week, declining by more than 12%. This recent fall coincides with a broader crypto market downturn, with other major altcoins suffering huge losses over the…
Bitcoin.org Owner Cobra Predicts Next Bitcoin ‘Great Divide’
Cobra, the pseudonymous owner and operator of Bitcoin.org, has predicted the next divide that will plague the Bitcoin ecosystem in the coming times. Cobra explained in social media that this conflict will face ossificationists (people that want…
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