Bitcoin (BTC), the world’s leading cryptocurrency, has recently reached a new yearly high of $42,100. While this surge in price is impressive, it has raised concerns among market participants about the possibility of a potential correction and subsequent liquidation sweep. Experts have differing opinions on the future of Bitcoin, with some acknowledging its remarkable performance
The DEX market has been experiencing a surge in explosive token movements, with numerous tokens gaining significant attention. One of the tokens that has recently caught the eye of crypto experts is 10000x token. In the past 24 hours, this token has skyrocketed by 100x, leading to speculation that it could be the next big
Binance, one of the leading cryptocurrency exchanges, is taking steps to expand its free trading options for the popular stablecoin pairing, First Digital USD (FDUSD). This move aims to encourage users to adopt the FDUSD stablecoin, which has been gaining traction in the crypto community. Starting from December 8, Binance users will enjoy zero maker
With the increasing popularity and acceptance of cryptocurrencies, the demand for a Bitcoin exchange-traded fund (ETF) in the United States has grown significantly. Hashdex, an asset manager vying for a spot Bitcoin ETF, predicts that the first spot Bitcoin ETF will be available by the second quarter of 2024, followed by a spot Ether ETF.
Bitcoin (BTC)-related investment products have experienced significant growth in recent months, positioning them as the primary beneficiaries of investor interest in the world of cryptocurrencies. This surge comes as the industry eagerly awaits the potential approval of a spot Bitcoin ETF in the United States. Over a span of 10 weeks, a staggering $1.76 billion
The crypto analyst known as Crypto Capital Venture remains bullish on Bitcoin and the wider crypto market, but warns against getting overly excited during the latest price surge. Despite the optimism, the analyst advises viewers to exercise patience and discipline. This article will analyze the reasons behind the cautionary advice and highlight the importance of
Bitwise and BlackRock, two prominent asset managers, have recently submitted updated filings to securities regulators regarding their plans to offer a spot Bitcoin exchange-traded fund (ETF). These filings come as part of an ongoing effort by various asset managers to introduce Bitcoin ETFs to the market. This article will examine the recent developments and discuss
Terraform Labs, a prominent blockchain company, finds itself entangled in a securities lawsuit filed by the U.S. Securities and Exchange Commission (SEC). The case, which began in February 2023, alleges that Terraform Labs and its co-founder Do Kwon sold unregistered securities, resulting in the collapse of their project and the devaluation of cryptocurrencies. However, in
As we look towards the future of the cryptocurrency market, there are several catalysts that could potentially kick off the next bull market. One of these catalysts is the upcoming Bitcoin halving, a phenomenon that occurs approximately every four years. During a halving event, the supply of new Bitcoin is cut in half, which historically
Itau Unibanco, the largest bank in Brazil, has made its foray into the cryptocurrency exchange market by introducing a new trading service for its investment platform clients. The launch of this service allows users to trade the most popular cryptocurrencies, Bitcoin and Ether. This move signifies a significant step forward for Itau Unibanco, as it
