The recent surge in Bitcoin’s value beyond the $73,000 mark has been fueled by notable players in the financial realm, specifically BlackRock and MicroStrategy. BlackRock, a titan in asset management, made headlines by filing with the SEC to incorporate spot Bitcoin ETFs into its Global Allocation Fund. This move has sparked hopes for increased demand,
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Recently, CryptoQuant founder Ki Young Ju expressed concerns about the continuous influx of capital into spot Bitcoin ETFs. He warned of a potential sell-side liquidity crisis within six months if this trend persists. Ju emphasized that bears will not be able to win this game until the inflow of spot Bitcoin ETFs stops. In the
The rise of NFTs has taken the digital world by storm, with blockchain platforms like Solana at the forefront of this revolutionary technology. One player that has emerged as a major contender in the Solana NFT marketplace is the Tensor Foundation, with its ambitious plans for the TNSR token. By leveraging the potential of NFTs
The game development studio Studio369 has recently made headlines by securing a significant amount of funding – $5 million to be exact. This financial boost will pave the way for further development and enhancement of their highly anticipated open-world PvP mech combat game, MetalCore. With MetalCore already in development for three years, the additional funding
The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is set to revolutionize Layer 2 (L2) networks with significant cost reductions and notable changes. Scheduled for March 13, this update will introduce a new data storage system known as blobs, promising to reduce congestion on the Ethereum network and drive key new features across
Bitcoin mining earnings have recently reached an all-time high, reflecting the ongoing surge in the value of the leading cryptocurrency. According to data compiled by CryptoQuant, miners raked in a daily revenue of $78.6 million on March 7, surpassing the previous record set during the peak of the crypto boom in April 2021. This surge
Coinbase recently made headlines by announcing its plan to launch a $1 billion bond offering aimed at raising funds for its growth and expansion. The offering, comprised of unsecured convertible senior notes maturing in 2030, provides investors with the opportunity to convert their holdings into Coinbase shares or cash at the time of maturity. This
Thailand’s Securities and Exchange Commission (SEC) recently made a significant change to its regulations, allowing for the creation of private funds that can invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This new opportunity is, however, limited to institutional investors and high-net-worth individuals. The decision to permit asset management firms to oversee
Scotty the AI (SCOTTY) is a new AI-integrated blockchain security coin that has generated a lot of buzz in the crypto community. With a unique combination of meme coin culture and AI-powered blockchain threat detection, Scotty aims to offer both entertainment and utility to its users. The project recently concluded its presale, raising $7.7 million,
Recently, Tether collaborated with the US Department of Justice and the Federal Bureau of Investigation (FBI) to seize $1.4 million USDT associated with a tech support scam network. The fraudulent scheme targeted vulnerable elderly individuals through deceptive pop-up advertisements, leading them to seek assistance from supposed tech support. Victims were then coerced into converting their
Bitcoin’s recent surge past $70,000 has left many experts analyzing its potential future growth. According to Rekt Capital, historical patterns indicate that Bitcoin tends to reach its peak around 518-546 days after a halving event. However, the current cycle seems to be accelerating, with a potential deviation of around 260 days. This suggests that the
The recent rise of Near Protocol by 3% in the past 24 hours brings its price to $7.18, showcasing a noteworthy 63% gain over the course of a week. Moreover, with a substantial increase of 127% in the last 30 days, it has outperformed various other major tokens in the market. This surge in the
In the past 24 hours, Litecoin (LTC) has witnessed a modest 1% gain, reaching a price of $96.44. This increase marks a notable 21% surge over the past week and a significant 33% rise in the last 30 days. However, despite these positive developments, LTC has only appreciated by 40% over the past year, indicating
The Nigerian government recently obtained a court warrant to detain Binance officials for at least twelve days after they insisted they should be taken to their respective countries’ embassies, according to local media outlet Premium Times. The government accused Binance of exacerbating the country’s foreign exchange challenges by manipulating rates for profit, leading to restrictions
Despite facing a 5% decrease in the past week, Cardano (ADA) remains strong and resilient with a current price of $0.75. The 24-hour trading volume stands at $1.14 billion, while the market capitalization is at $24 billion. Analysts like Sssebi are optimistic about ADA’s future, highlighting significant green candles on the weekly charts and a
Ethereum (ETH) has been on a significant price growth trajectory, surpassing the $4,000 level for the first time since December 2021. This surge in price, with a monthly increase of 60%, has caught the attention of many investors and analysts who believe that the rally could continue in the near future, potentially leading to a
The recent surge in Bitcoin’s price has coincided with a significant increase in interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs). According to Matt Hougan, Chief Investment Officer of Bitwise Asset Management, approximately $20 billion has flowed into the market since the launch of 10 new spot Bitcoin ETFs in mid-January. This influx of
In a groundbreaking achievement, Bitcoin has once again made headlines by surpassing the $71,000 mark, solidifying its position as the digital equivalent of gold. This milestone comes as Bitcoin’s market capitalization surpasses that of silver, further establishing its dominance in the digital currency space. The rapid rise in Bitcoin’s value has been a consistent trend
In a bold move, Coinbase has openly criticized the Securities and Exchange Commission (SEC) for turning down its rulemaking petition, deeming the decision as “arbitrary and capricious.” This critique was officially lodged in a petition filed on March 11 with the US Court of Appeals for the Third Circuit. Should Coinbase’s efforts to challenge the
Bitcoin experienced a rollercoaster ride over the past week, starting with a sharp increase over the weekend that led to a new all-time high of nearly $73,000. This surge was a result of several factors, including a positive start on Monday and renewed investor interest in the cryptocurrency market. However, this record-breaking high was short-lived
A new trend has been emerging in the Web3 space, where airdrops are being utilized as a means to launch tokens and attract users. This strategy has gained significant momentum with popular gaming platforms like Portal and BlockGames leading the way. Airdrops involve distributing free tokens to a large number of individuals, serving as a
The Biden administration recently unveiled its proposed budget for 2025, which includes provisions aimed at regulating digital assets. These new rules are anticipated to bring in nearly $10 billion in additional tax revenue by 2025. The main focus of these budget proposals is to address a loophole that has allowed wealthy crypto investors to benefit
Readyverse Studios, in partnership with Futurverse Studios and the co-founders Ernest Cline and Dan Farah, has recently revealed their groundbreaking project called “Open.” This highly anticipated third-person battle royale game is poised to revolutionize the gaming industry by incorporating cutting-edge Web3 technology and integrating popular intellectual properties (IPs). The game promises players a unique multi-biome,
Bitcoin, the famed cryptocurrency asset, has recently broken through a new price ceiling, surpassing its previous all-time high of $69,000, achieved nearly three years ago. This significant milestone has ignited a surge of optimism among crypto enthusiasts and experts alike, who are now predicting further upward momentum for the digital currency in the coming months.
The price of Ethereum has been on a rapid rally in recent weeks, surpassing multiple resistance levels. This surge has led to the price hitting a significant level that may act as a barrier for further growth. Looking at the daily chart, Ethereum has been consistently making higher highs and higher lows, indicating a positive
In the volatile world of cryptocurrency, new tokens and coins are popping up almost daily, each with their own unique selling points and potential for massive gains or losses. One such recent addition to the market is Turbo Trump (PRESI), a meme coin that has seen a staggering 20,000% increase in value in just 24
Cardano (ADA) has been making significant strides in the cryptocurrency market, with recent gains pushing it above key resistance levels. The increased interest in meme coins has played a role in driving momentum for Cardano (ADA), attracting the attention of investors looking for profitable opportunities. Analysts are optimistic about the future trajectory of Cardano (ADA),