Bitcoin ETFs have made a historic debut in the U.S., led by Grayscale, BlackRock, and Fidelity, with trading volumes reaching a record-breaking $4 billion on the first day. Despite this, Bitcoin (BTC) prices have struggled to surpass the yearly high of $48,000, causing concern among investors. At the time of writing, BTC has fallen to […]
Bitcoin prices took a significant hit on Friday, dropping nearly 10% and falling below the $42,000 mark. This sudden downturn came as a surprise, especially after the cryptocurrency had reached a two-year high of $49,000 just a day before. The drop in value has been attributed to several factors, including the launch of spot Bitcoin […]
Despite the initial optimism that followed the approval of Bitcoin ETFs, the cryptocurrency experienced an unexpected decline, dropping over 7% from $49,000 to an intraday low of $45,644. This unexpected decline contradicts the prevailing optimism in the market following the recent approval of Bitcoin exchange-traded funds (ETFs).Furthermore, the Bitcoin options data also paints a picture […]
In a remarkable turn of events, an American truck driver’s life was transformed when his $650 investment in the Shiba Inu meme token (SHIB) ballooned to $1.7 million. The driver, who remains anonymous, made the investment in August 2020 when SHIB was relatively unknown and its price was around $0.00000000051 per token. This investment equated […]
Robert Kiyosaki, the author of Rich Dad Poor Dad, has made a bold prediction for Bitcoin (BTC), forecasting a six-figure price as US regulators approve a series of spot exchange-traded funds (ETF). Kiyosaki shared his prediction with his 2.5 million followers on social media platform X, stating that he expects Bitcoin to surge by 247% […]
Vitalik Buterin, co-founder of Ethereum, has proposed a 33% increase in the gas limit to enhance network throughput. This marks the first change in Ethereum’s gas limit in three years, addressing rising gas prices and the ongoing scalability debate within the Ethereum community.In a recent ask-me-anything (AMA) session on Reddit, Buterin suggested raising the gas […]
The US Securities and Exchange Commission (SEC) has approved 11 Bitcoin Exchange-Traded Funds (ETFs) in a move celebrated by crypto investors. The simultaneous approval of these ETFs is intended to provide a level playing field for issuers.Many ETF issuers have offered low fees to attract more investors, with some, such as Fidelity and Bitwise, even […]
BlackRock CEO Larry Fink has expressed skepticism about the feasibility of Bitcoin as a medium for everyday transactions, insisting that it should be seen as an asset class. In a recent interview with CNBC, Fink articulated his belief in Bitcoin as an alternative form of wealth storage, rather than a potential replacement for national currencies.“I […]
A prominent cryptocurrency analyst and trader, known pseudonymously as Bluntz, has recently expressed a bullish outlook on a Solana-based memecoin, dogwifhat (WIF). Bluntz shared with his 236,100 followers on a social media platform that WIF could potentially appreciate by approximately 359% from its current level of $0.218.Bluntz’s analysis suggests that the WIF/Solana pair has formed […]
Litecoin, often dubbed as the “silver to Bitcoin’s gold,” is gaining momentum among analysts who foresee it potentially outperforming Bitcoin in the near future. Tony “the Bull,” a certified chartist and the Head of Research at NewsBTC, recently presented a bullish perspective for the 18th most valuable cryptocurrency. He pointed out the monthly candlestick formations […]
