The approval of spot exchange-traded funds (ETFs) tracking the performance of Bitcoin by the US Securities and Exchange Commission (SEC) on January 10, 2024, was a historic moment for the cryptocurrency industry. However, the introduction of these ETFs also brought about a rollercoaster of volatility for Bitcoin, causing significant pain for over-leveraged traders. The first
Arbitrum, a layer-2 scaling solution, has gained significant attention following a successful airdrop in 2023. The price of ARB has surged by 30%, fueled by the anticipation of a potential ETH ETF. This growth is also attributed to the SEC’s approval of Spot Bitcoin ETFs. With the market buzzing with excitement for layer-2 scaling solutions,
Gemini, a reputable cryptocurrency exchange, has stated that the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States is a “game-changer for the crypto futures market.” According to a recent post on the social media platform X (formerly Twitter), Gemini explained that the introduction of these ETFs would not only increase liquidity
The year 2024 began on a positive note for crypto asset investment products, with a resurgence in Cardano’s performance despite a recent price decline. According to CoinShares’ latest report on digital asset fund flows, the first week of the year witnessed total inflows of a staggering $151 million. While Bitcoin dominated the inflows, Ethereum closely
DappRadar, a well-established platform for providing insights into decentralized applications (dapps), has recently expanded its scope to include games and decentralized applications from the Oasys blockchain. This move allows users to not only list and monitor dapps within the Oasys ecosystem but also provides deeper insights into these applications through project pages. By incorporating Oasys
In a significant move for the cryptocurrency and Bitcoin market, the United States Securities and Exchange Commission (SEC) has given its approval to all 11 spot Bitcoin ETFs submitted by the world’s largest asset managers. The SEC stated in its official filing that each proposal aimed to list and trade shares of a trust that
Lucky Block Casino has recently released an updated whitepaper that showcases a range of innovative utility features for their newly integrated $LBLOCK V2 token. This token operates on the Ethereum blockchain and has already begun trading on the Uniswap decentralized exchange. The market response has been tremendous, with a 23% increase in price within the
Celsius, a once-prominent cryptocurrency staking, lending, and exchange platform, has been making headlines recently with its controversial actions. After its bankruptcy plan was approved by a judge last year, Celsius shifted its focus to Bitcoin mining. However, the platform has now caused quite a stir by lashing out at former clients who had the audacity
The United States Securities and Exchange Commission (SEC) has granted approval for Grayscale’s spot Bitcoin ETF proposal, marking a significant milestone for both Grayscale and the potential of cryptocurrencies to revolutionize our future. The CEO of Grayscale, Michael Sonnenshein, expressed his gratitude towards GBTC investors and acknowledged the tireless efforts of Grayscale and its partners
Ethereum, the second-largest cryptocurrency by market capitalization, is currently exhibiting signs of a bullish breakout, as observed by two prominent analysts in the crypto space. World Of Charts identifies a consolidation within a bullish pennant pattern in Ethereum’s price chart, which typically suggests the continuation of an upward trend. If Ethereum successfully breaks out of