As Australians venture deeper into the crypto market, fund managers in the country are racing to seek approval from regulators for the first Bitcoin ETF. Two companies that have submitted formal proposals for review and approval by the Australian Securities Exchange (ASX) are VanEck and BetaShares. The move comes despite reports in May suggesting the …
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Bitcoin (BTC) Price Prediction – March 5 BTC/USD is up by more than 6.94% after a sudden and bullish price spike. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $62,000, $64,000, $66,000 Support Levels: $48,000, $46,000, $44,000 BTCUSD – Daily Chart The daily chart reveals that BTC/USD has pushed above the crucial resistance …
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Citigroup, a banking giant, is launching a crypto trading and custody service. The new service aims to meet the growing demand for crypto assets. Itay Tuchman, the global head of forex for Citigroup, has confirmed that the bank had witnessed a rapid accumulation in Bitcoin (BTC) interest from institutional clients. Tuchman announced the move in …
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Binance is allowing its clients to earn interest from staking on the Terra Virtua platform. Participants able to earn a maximum of 47.67% annual percentage yield (APY). The staking event for the Terra Virtua NFT platform, which is aimed at artists, collectors and gamers, began on 6 May. Early stakers will fill the first spots. …
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Ethereum (ETH) has surged in value by over 400% since January 2021 and the main reason is the popularity of DeFi protocols, with a growing portion of ETH supply committed to the sector. Glassnode, a leading on-chain analytics company, has published a report analysing smart contracts on Ethereum. It shows that smart contracts currently hold …
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This week has been the best ever for Ethereum (ETH). The coin has rallied past $3,500, which marks its highest value this year, with its market dominance increasing by 17%. Its latest market cap ($398 billion) means the currency is now more valuable than MasterCard, PayPal, and Bank of America. Supporting the bull case for …
Continue reading “ETH Bullish Rally Shows no Signs of Slowing Down”
