Increased Bitcoin ETF Adoption Propels BTC Dominance To Highest Level Since 2021
Bitcoin’s dominance within the cryptocurrency market has reached a three-year high, signaling strong demand for US spot Bitcoin ETF holding the largest digital asset and a challenging period for smaller tokens. Bitcoin accounted for nearly…
Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market Declines
The past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick…
Dogecoin Whales Send 800 Million DOGE To Exchanges, Dump Incoming?
Dogecoin has been one of the best performers over the past year, consistently holding up gains even through market dumps. However, after the meme coin’s rally in March and then the subsequent dump in April, it looks like investors, especially…
Aligned Layer Secures $2.6M in Funding to Become a Faster and Cheaper Settlement Layer for Validity Proofs on Top of EigenLayer
PRESS RELEASE. April 15th, 2024 –– Aligned Layer has successfully raised $2.6 million in a funding round led by Lemniscap, a VC firm specializing in emerging crypto assets and early-stage blockchain startups. The round also won…
Bitcoin Completes ‘End Run,’ Analyst Says – Here’s What It Means
Bitcoin (BTC) took a nasty spill over the weekend. Plunging to a gut-wrenching $60,850 before staging a partial recovery to hover around $64,500, this sudden price drop has left the crypto community scrambling for answers. Veteran trader Peter…
ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate
Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions…
Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales
Bitcoin has found a rebound back above the $66,000 mark following a drop towards the on-chain cost basis of the short-term holder whales. Bitcoin Drawdown Had Nearly Put Short-Term Whales Under Pressure As pointed out by an analyst in a CryptoQuant…
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year…
Beyond Tribalism: The Synergistic Future of Bitcoin and Ethereum
Tribalism has existed for as long as tribes themselves. For as long as humans have been organizing into social groups, we’ve been hating on the group in the next valley. Even though we have much more in common with them than we would care to…
Bitcoin adoption is soaring across sectors, emerging as a standard in the sports industry. Demonstrating this trend, a UFC winner has requested his bonus to be paid in Bitcoin, underscoring the cryptocurrency’s increasing prominence within the…
‘I'm a Pro-Freedom Candidate’: John Deaton on his Senate Race With Elizabeth Warren
The election pits a fierce crypto advocate against one of its biggest political opponents. Deaton is a speaker at this year's Consensus festival, in May.
How Investors Should Handle Celsius in Their Tax Returns This Year
Creditors to the failed crypto lender have got their dollars back after bankruptcy, but working out the tax implications is going to take longer, says Koinly's Michelle Legge.
Ethereum Technical Analysis: ETH Teeters Between Bullish Breakout and Bearish Continuation
As ethereum fluctuates within a wide trading range from $2,991 to $3,266 on April 15, 2024, key technical indicators and chart patterns suggest a nuanced but potential shift in market sentiment. Despite a bearish trend over the past week, recent…
Toncoin Defies Market Turmoil, Surges 25% To Tally All-Time High – Details
Toncoin (TON) has defied recent market turbulence, reaching a new milestone with its price surging to an all-time high of $7.0. This nearly 25% increase has propelled Toncoin to become the eighth largest cryptocurrency by market cap, surpassing…
Bitcoin Technical Analysis: Indicators Suggest a Potential Shift in Market Momentum
As of April 15, 2024, bitcoin presents a mixed landscape of consolidation and subtle recovery hints, reflecting a crucial moment for potential bullish or bearish trends. Bitcoin Despite the current market indecisiveness indicated by the 1-hour…
Blockchain for Good Alliance (BGA) Unites Web3 for Societal Impact, Launching at Blockchain Life Dubai With Bybit Web3, Harvard Blockchain Club, Solana Foundation, Moledao, Aptos, ICP.Hub UAE, Alchemy Pay as Key Partners
PRESS RELEASE. Dubai, 15 April 2024 – The Blockchain for Good Alliance (BGA) officially announces its launch today, marking a significant step forward in the mission to leverage blockchain technology for social good. BGA has partnered with leading…
First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval
The latest price moves in bitcoin (BTC) and crypto markets in context for April 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Cryptocurrencies Not Banned, Vietnam Requires Legal Framework for Regulation — Govt Official
A government official from Vietnam has stated that cryptocurrencies are not prohibited. However, the country urgently needs to establish a legal framework to regulate their use, the official said. The Finance Ministry has been tasked with drafting…
Shiba Inu Insider Reveals Top 5 Shibarium Investment Rules
In a post on X (formerly Twitter), Lucie, the marketing lead for Shiba Inu, has provided potential investors with a new set of guidelines for evaluating projects within the Shibarium ecosystem, a dedicated layer-2 blockchain aimed at enhancing the…
Hong Kong Approves the First Batch of Spot Bitcoin ETFs, Issuer Says
Hong Kong has reportedly approved its first spot bitcoin exchange-traded funds (ETFs), with multiple issuers announcing they received permission to launch Bitcoin ETFs.China Asset Management, Bosera Capital and other applicants posted on social…
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