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Analyst Predicts $650K Bitcoin Price Once ETF Investors Fully Deploy Asset Manager Recommendations
[Apr 15 4:27 PM] Popular onchain analyst Willy Woo has predicted a potential bitcoin price surge to $650,000 at the bull market’s peak. His prediction hinges on spot bitcoin exchange-traded fund (ETF) investors fully deploying their assets based on…
JPMorgan Warns of Downside Risk in Crypto Markets
[Apr 14 8:11 PM] JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot…
Crypto Gainers of the Week: Nervos Leads With a 47.1% Jump, Bitget Token and Bittensor Follow
[Apr 8 7:29 AM] In the recent week, bitcoin and ethereum have regained their pace, with a specific set of nine cryptocurrencies posting significant gains in the double digits. During this period, CKB enjoyed a 47.1% uptick, BGB ascended by 21.6%, and TAO increased…
Crypto Market Roundup — CORE and WIF Outshine in a Week of Market Volatility
[Apr 1 10:21 AM] On April 1, the overall cryptocurrency market witnessed a decrease, with a 2.2% drop over the last day, as bitcoin and ethereum fell by 2.4% and 3.2% respectively against the U.S. dollar. Despite this downturn, the past week saw 14 digital assets…
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
[Mar 22 8:45 AM] As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value…
Hope Rises Among XRP Proponents for a Significant Upswing Amidst Crypto Market Expansion
[Mar 13 7:30 AM] In the last week, XRP experienced a 19.9% increase in its value against the U.S. dollar, reaching a peak of $0.744 per coin on March 11, 2024. Its price has since retreated a hair, now trading at $0.685 per XRP. Although the digital…
The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
[Feb 29 12:10 PM] As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their…
Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend
[Feb 21 1:30 PM] On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board, as bitcoin and ethereum saw declines of 0.51% and 0.45%, respectively. Bitcoin momentarily reached the $53,000 mark the day…
Ethereum Taps $3,000 Barrier Amid ETF Speculation and Upcoming Dencun Upgrade
[Feb 20 9:05 AM] The value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $3,000 milestone on Tuesday, peaking at $3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the…
Bitcoin Sinks Below $39,000 as Market Pressure Intensifies
[Jan 23 7:15 AM] Over the past day, bitcoin’s value has experienced further decline, now plummeting below the $39K mark as ongoing bearish trends exert downward pressure. Following its dip under the $40K barrier on Monday, the leading crypto asset further…
Bitcoin Plummets Below $40K for First Time in 48 Days, Triggering Market-Wide Crypto Slide
[Jan 22 2:22 PM] On Monday, Jan. 22, 2024, the value of bitcoin fell below the $40K mark for the first time in 48 days, as per market analysis. In the last 24 hours, bitcoin witnessed a 4% decline, with a 14.2% decrease observed over the preceding two weeks.
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SEC Still Processing Spot Bitcoin ETF Paperwork, Report
[Jan 2 8:00 PM] Anticipation of spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC) remains high, but the securities regulator reportedly still has a lot of paperwork to go through. While some speculate on a…
Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
[Jan 1 9:30 PM] Vaneck’s director of digital assets strategy has explained why people tend to underestimate the long-term impact of spot bitcoin exchange-traded funds (ETFs). He believes that upon the approval of a U.S. spot bitcoin ETF by the Securities and…
Spot Bitcoin ETF Applicants Flood SEC With Filing Updates Before Deadline
[Dec 30, 2023 11:30 AM] Major asset managers, including Blackrock, Fidelity, Bitwise, and Wisdomtree, submitted their revised spot bitcoin exchange-traded fund (ETF) filings shortly before the deadline set by the U.S. Securities and Exchange Commission (SEC) on Friday…
Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin to Surpass $80,000, Spot Bitcoin ETFs Could Capture $72 Billion
[Dec 14, 2023 7:00 PM] Crypto asset manager Bitwise has unveiled 10 crypto predictions for 2024 that include bitcoin trading over $80,000, setting a new all-time high. The firm also estimates that spot bitcoin exchange-traded funds (ETFs) could capture $72 billion in…
Vaneck Expects Bitcoin Price to Reach All-Time High After Donald Trump Wins US Presidency
Skybridge Founder Sees Bitcoin as Multi-Trillion-Dollar Asset — Confident Jamie Dimon Will Change His Tune About BTC
[Dec 12, 2023 6:30 PM] Skybridge Capital founder Anthony Scaramucci has predicted a multi-trillion-dollar future for bitcoin, independent of the U.S. Securities and Exchange Commission (SEC)’s spot bitcoin exchange-traded fund (ETF) decision. He also urged Senator…
US CPI Sees Slight Uptick in November, Fed Likely to Maintain High Rates
[Dec 12, 2023 12:30 PM] In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, registered a modest rise of 0.1%, maintaining a consistent annual increase of 3.1%. This minor growth in prices reflects subtle economic shifts, with energy costs…
Crypto Sentiment Index Stays Bullish Despite Corrections, Report Reveals Positive Outlook
Crypto’s Gainers and Losers: BTT and BONK Spike Amidst Overall Downturn
[Dec 11, 2023 1:30 PM] Over the past day, a considerable number of crypto assets have experienced a decline. However, looking at the seven-day performance, several of them have maintained a substantial increase. For example, bittorrent (BTT) has seen a significant surge…
Robinhood Launches Crypto Trading in EU, Aims for Global Accessibility
[Dec 9, 2023 6:30 AM] Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it’s our goal to make crypto more accessible and affordable to everyone, regardless of where they…
Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories
[Dec 6, 2023 10:00 AM] As bitcoin’s value soared to heights last witnessed on April 6, 2022, a multitude of crypto assets have also reaped benefits from the surge of the premier cryptocurrency. Yet, despite a significant number of these digital currencies…
Why Are Crypto Prices Up? Former SEC Official Says There Are 2 Reasons
[Dec 5, 2023 7:30 PM] The U.S. Securities and Exchange Commission’s former head of internet enforcement believes that there are two reasons why crypto prices are up. The first concerns regulatory oversight of the cryptocurrency industry, while the second revolves…
Altcoins in the Limelight — LUNC, IOTA, and ORDI Dominate This Week’s Crypto Gains
[Dec 4, 2023 9:30 AM] Over the last week, both bitcoin and ethereum experienced significant upticks, with increases of 13% and 10% respectively. Meanwhile, an array of other cryptocurrencies achieved even more impressive growth during the same period. Notably, terra…
BRC20 Token ORDI Dips 10% in a Week After a 319% Monthly Surge, Nears Record High
[Nov 25, 2023 9:30 AM] The price of the BRC20 token ordi (ORDI) slid more than 10% this week against the U.S. dollar after recording substantial gains over the three weeks prior. Despite the recent downturn, ORDI has risen over 300% during the last 30 days and…
Blackrock Pushes to Use In-Kind Creation Method for Spot Bitcoin ETF: Report
[Nov 24, 2023 7:30 PM] Blackrock, the world’s largest asset manager, has reportedly pushed for using the in-kind creation method for its bitcoin exchange-traded fund (ETF), diverging from the cash creation model favored by the U.S. Securities and Exchange Commission…
Report of SEC’s Spot Bitcoin ETF Advice Fuels Hope for Approval — Crypto Industry Views It as ‘Real Progress’
Ark Invest CEO Cathie Wood Sees Crypto Market Exploding to $25 Trillion in 2030
[Nov 15, 2023 8:30 PM] Ark Invest CEO Cathie Wood says the crypto ecosystem will be dominated by bitcoin and ether and will scale from about $1 trillion today to $25 trillion in 2030. “The regulatory breakthrough is very important to bring institutions…
Crypto’s 24-Hour Score: Gainers Like Memecoin Triumph With Double-Digits, ARK Amongst Top Losers
[Nov 13, 2023 9:30 AM] As the cryptocurrency market sails smoothly at a valuation of $1.4 trillion, bitcoin and ethereum have stabilized, mostly moving sideways. Yet, a handful of virtual currencies enjoyed robust gains on Monday, with memecoin (MEME) soaring 44.28%…