TL;DR BTC’s price has been fluctuating recently between $67,200 and $70,000, currently at $68K. Analysts predict a major pump, with some forecasting it could reach $150,000, driven by the impact of Bitcoin ETFs. Ripple’s XRP is trading around $0.524, with expectations of a significant surge. Key targets are $1.20 to $1.50, with a critical breakout […]
Hashdex withdraws ether ETF application after SEC approval of similar products. Hashdex’s Ethereum ETF application combined spot Ether with futures contracts. The withdrawal decision raises questions amid evolving regulatory landscape and market dynamics. According to documents filed with the U.S. SEC, Hashdex officially pulled its application for the Hashdex Nasdaq Ethereum ETF on May 24. […]
In a move to ensure a high-quality trading environment, Binance is set to delist and cease trading on multiple spot trading pairs, including CAKE/TUSD, DYDX/BNB, LAZIO/BTC, according to an announcement from the exchange on May 29, 2024. Periodic Reviews for Market Quality Binance, one of the world’s leading cryptocurrency exchanges, […]
In a significant development for the cryptocurrency market, BlackRock’s iShares Bitcoin Trust has become the largest fund dedicated to Bitcoin, accumulating nearly $20 billion in total assets since its US listing earlier this year. Bloomberg data reveals that as of Tuesday, the exchange-traded fund held $19.68 billion worth of Bitcoin, surpassing Grayscale Bitcoin Trust’s (GBTC) […]
A prominent cryptocurrency analyst, Cyclop, has declared the beginning of an impending altcoin season, predicting significant gains for savvy investors. He advises that this could be a period of immense profitability, with certain altcoins poised to deliver substantial returns. The announcement coincides with notable activity from a crypto whale, who recently invested millions in altcoins, […]
Bitfarms said on May 29 that it rejected Riot Platform’s unsolicited acquisition proposal because the offer undervalued the company. The proposal, received on April 22, offered $2.30 per common share in a mix of cash and Riot common stock — amounting to a $950 million offer. Bitfarms’ Special Committee of Independent Directors reviewed the offer […]
Argentina’s tango with Bitcoin has hit a sour note. Recent talks with El Salvador, the world’s first Bitcoin nation, ignited speculation of Argentina following suit. However, experts are urging caution, differentiating between friendly discussions and full-fledged “Bitcoinization.” Milei’s Mandate Fuels Crypto Curiosity The election of Bitcoin enthusiast Javier Milei as president in late 2023 sent […]
In a notable shift in the crypto market, BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken Grayscale Bitcoin Trust (GBTC) to become the world’s largest spot Bitcoin exchange-traded fund (ETF). Recent data from SoSoValue shows that IBIT now holds $19.68 billion in Bitcoin (BTC), slightly edging out GBTC’s $19.65 billion. How Grayscale’s GBTC Lost Its Top […]
Michael Saylor, the founder and executive chairman of MicroStrategy, has recently expressed a change in his stance regarding spot Ethereum exchange-traded funds (ETFs). In a recent interview with Bitcoin podcaster Peter McCormack, Saylor stated that the approval of eight ETH ETFs by the United States Securities and Exchange Commission (SEC) is good news for Bitcoin. […]
Torque Drift 2 Adds Iconic Car Models and Integrates with Motorverse According to a recent announcement from Animoca Brands, game studio Grease Monkey Games (GMG) has released the official 0.9 update for their premier drift racing simulator, Torque Drift 2 (TD2). This update, available for PC on the Epic Games […]
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