Bitcoin ETF Approval Anticipation Fuels Market Surge and Social Buzz

The crypto community is abuzz with the anticipation of the US Securities and Exchange Commission (SEC) approving spot Bitcoin Exchange-Traded Funds (ETFs). This expectation has significantly influenced market discussions and social media metrics around Bitcoin. Santiment, a leading on-chain analytics platform, has noted a significant increase in Bitcoin’s social dominance, particularly in short-term periods.There has […]

XRP Wallets Surge, Ripple Transfers 100M XRP Amid Market Fluctuations

The number of XRP wallets with balances greater than zero has seen a significant increase of 26% since January 2023, according to a recent update from Santiment. This surge indicates a substantial rise in the number of crypto enthusiasts, investors, and users holding XRP, with the total reaching an impressive 4.95 million. This growth not […]

Bitcoin Faces Turbulence Amid Last-Minute ETF Filings by Asset Managers

Bitcoin BTC, currently valued at $46,687, is experiencing turbulence as asset managers rush to file last-minute S-1 updates for their spot Bitcoin exchange-traded funds (ETF). On Jan. 9, Bitcoin’s value briefly dipped 3% on Binance, with the BTC price falling from $47,000 to $45,600 in a span of five minutes, as per data from TradingView. […]

Swiss National Bank Reports Loss, Halts Payouts for Fiscal Year 2023

The Swiss National Bank (SNB) is set to report a loss of around 3 billion Swiss francs for the fiscal year 2023, according to provisional calculations released on Tuesday. This follows a trend from the previous year, where losses prevented profit distribution to the federal government and cantons.Last year, the SNB benefited from the markets. […]

Crypto Mining Firms Outpace Tech Giants in US Trading Volumes

Crypto mining firms experienced strong trading volumes on American exchanges on Monday, with some mining shares even surpassing well-known U.S. tech giants. The combined trading volume of four mining firms — Marathon Digital, Riot Platforms, Cleanspark, and Terawulf — reached $208 million on Jan. 8, according to data from Yahoo Finance.Marathon Digital (MARA) emerged as […]

Bitcoin Surpasses $47,000 Amid Anticipation of SEC’s Bitcoin ETF Approval

Bitcoin has surged past the $47,000 mark for the first time since April 2022, as the deadline for the United States Securities and Exchange Commission (SEC) approval of spot Bitcoin ETFs draws near. The cryptocurrency climbed rapidly from a price of $44,000 on Jan. 8, marking a more than 6.5% increase in the last 24 […]

Crypto Market Dips as Bitcoin ETF Decision Nears, Analysts Predict Surge

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a dip on Sunday evening. This was largely due to market anxiety over the potential approval or denial of the United States’ first spot Bitcoin exchange-traded fund (ETF). Bitcoin, Ethereum, and Dogecoin saw decreases of -0.63%, -1.69%, and -3.36% respectively.Senior Bloomberg ETF analyst Eric Balchunas expects most […]

Argentina’s Stock Market Thrives Amid Economic Crisis and Reforms

Argentina has been rocked by economic instability in recent years, with failed agreements with the IMF, capital controls, state price dictates, and expropriation of companies. Despite these challenges, Augusto Darget, a renowned investment banker from Buenos Aires, is optimistic about the prospects of the Buenos Aires stock exchange. He predicts that stocks will be significantly […]