Bitcoin’s realized price by ‘young supply’ underpins recent price support

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Bitwise CIO Matt Hougan Says Bitcoin Price Could Enter New Chapter in Coming Days – Here’s Why

Bitcoin (BTC) could be on the verge of entering a new round of price movement, according to Matt Hougan, the chief investment officer of crypto index fund manager Bitwise. Hougan says he’s paying attention to a couple of metrics related to Bitcoin options and the newly approved spot BTC exchange-traded funds (ETFs). He’s particularly interested …

Crypto Trader Updates Outlook on Bitcoin and Ethereum, Says BTC’s Correction in ‘Final Stages’

A widely followed crypto analyst says Bitcoin’s (BTC) recent consolidation may now have an end in sight. Crypto trader Michaël van de Poppe tells his 686,100 followers on the social media platform X that BTC’s volatility is decreasing. “Bitcoin is getting toward the final stages of this correction.  We’re seeing volatility decrease from here, as the markets …

Avalanche Foundation Release Eligibility Criteria for $100,000,000 Memecoin Fund

The Avalanche Foundation says it is funding select memecoins, non-fungible tokens (NFTs) and other similar crypto assets through its Culture Catalyst program. In 2022, the non-profit organization behind the layer-1 blockchain Avalanche (AVAX) launched the Culture Catalyst initiative to support community coins created for culture and engagement. In a new statement, the foundation says it …

Solana-Based Altcoin Surges 39% in Two Days As Crypto Project Partners With Telecom Firm

A Solana-based (SOL) wireless crypto project is skyrocketing after partnering up with a telecom firm. In a new press release, Nova Labs, the team behind Helium Mobile (MOBILE), says it’s collaborating with Spanish telecom firm Telefónica to launch mobile hotspots in select parts of Mexico. According to Nova Labs, Helium and Telefónica together will not …

CBDCs Will Enable the Government To Seize Your Money, Says Ex-US Presidential Candidate Vivek Ramaswamy

Former Republican presidential candidate Vivek Ramaswamy says greenlighting a central bank digital currency (CBDC) in the US will have repercussions on the citizens’ financial freedom. In a new interview with Bloomberg Television, Ramaswamy says the government may use the digital dollar to go after those who oppose them. “A central bank digital currency, I believe, …

Strike CEO calls Ethereum ‘tech play,’ says Bitcoin solves the ‘biggest financial problem’ of our time

Strike founder Jack Mallers recently expressed his firm belief in Bitcoin’s potential to solve what he describes as “the biggest financial problem ever” — central banking and the global debt crisis. Mallers made the statement during an interview with Yahoo Finance on Jan. 24, where he highlighted Bitcoin in relation to government debt by focusing …

Why declining prices did not stop Bitcoin holdings increasing for new ETFs

The Newborn Nine spot Bitcoin ETFs recently launched in the US have seen their combined assets under management explode to $5.1 billion in the nine trading days since their launch. However, throughout this period, the price of Bitcoin has fallen roughly 20%. The share prices for these ETFs have also fallen in line with Bitcoin. …

Bankers switching to crypto careers for higher salaries and industry growth

Crypto firms are attracting top talents from the traditional financial sector in droves thanks to higher salaries and the prestige of working in the emerging industry. A Bitget report shared with CryptoSlate showed that one-third of applicants for crypto positions have a background in banking and traditional finance. “33% of the exchange job applicants previously …

Grayscale’s daily Bitcoin transfer completes with 12,213 BTC sent to Coinbase Prime

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Bitcoin miner balances hit 18-month low amid wallet reorganization signals

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Ark Invest’s aggressive accumulation of its Bitcoin ETF propels it into top 5 of ARKW portfolio

Ark Invest’s continued accumulation of the Ark 21Shares Spot Bitcoin ETF (ARKB) has elevated the asset to a top-five position within the firm’s Ark Next Generation Internet ETF (ARKW) portfolio. The firm’s latest trading file seen by CryptoSlate showed that it acquired 267,804 shares of ARKB, worth $12.3 million, based on the Jan. 24 closing …

CryptoQuant CEO Says Institutions Will Drive a Faster and More Spectacular Bitcoin Bull Run

The co-founder and CEO of market intelligence firm CryptoQuant says he believes that blue-chip financial institutions getting involved in Bitcoin (BTC) could spark the biggest bull run yet. In a new thread, Ki Young Ju tells his 332,000 followers on the social media platform X that he expects an explosive Bitcoin bull cycle with the …

Bitcoin Is Flashing a Bullish Contrarian Signal Amid Parabolic Trendline Formation, Says Analyst Kevin Svenson

A widely followed crypto analyst believes that Bitcoin (BTC) is on an uptrend despite a sharp drop from its 2024 high of nearly $49,000. In a new video update, crypto strategist Kevin Svenson tells his 71,500 YouTube subscribers that he remains bullish on the crypto king despite the negative market sentiment surrounding it. “We are …

Online Forex Trading: Tricks and Tips for Beginners

Forex trading, also known as foreign exchange trading, can be a lucrative endeavor if engaged with knowledge and caution. In the world’s most liquid financial market, where trillions of dollars are transacted daily, opportunities abound. However, these opportunities also come with significant risks, especially for those new to the game. This article aims to:  Introduce …

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