Bitcoin rebounded from a Genesis anniversary flash crash. Ethereum struggled from withdrawals. AKT and TIA led the market. BTC Bitcoin rose more than 6% on the week but that came after the coin crashed by $4,000 on the anniversary of the first-ever Bitcoin block. The so-called Genesis Block occurred on 3 January 2009 and this …
Continue reading “Bitcoin Flash Crashes on the Anniversary of Genesis Block, ETH, AKT, TIA, Jan. 8”
Cosmo Jiang, a portfolio manager at digital assets-focused hedge fund Pantera Capital, is highlighting one crypto project that could witness an explosion in activity this year. Stacks (STX) aims to enable smart contracts and decentralized finance (DeFi) applications on Bitcoin (BTC). The project’s native token, STX, is up nearly 95% in the past month. Jiang …
Ether (ETH) rallied past the key $2,400 level this week as traders speculated on the approval of a potential Ethereum exchange-traded fund (ETF). The second-largest cryptocurrency by market capitalization gained over 5% in 24 hours to hit its highest level since last September. Keypoints Ether price surged past $2,400 as traders bet on a potential …
Continue reading “After the Bitcoin ETF Fakeout: Ethereum ETH Price Soars”
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Continue reading “Blackrock drops ETF fee to just 0.12% for first $5B in assets, 0.25% ongoing”
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Continue reading “SEC Twitter hoax sparks $2B Bitcoin transferred to exchanges in mayhem”
Social Media platform X (formerly Twitter) revealed that the U.S. Securities and Exchange Commission (SEC) official account was compromised, in part, due to a lack of vital security measures, including two-factor authentication. On Jan. 9, the SEC’s X account was compromised and used to post fake news about approving a spot Bitcoin exchange-traded fund (ETF). …
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Continue reading “Bitcoin nears all-time profitability peak with 91% supply now in the green”
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Continue reading “Less than 15,000 blocks until Bitcoin halving”
Following the fake news, BTC’s value surged to nearly $48,000, as it immediately grabbed significant attention, prompting premature celebrations among crypto enthusiasts anticipating this groundbreaking decision. Subsequently, the asset price swiftly plummeted to $45,100 after it was revealed that the SEC’s account had been compromised. SEC Chair Gary Gensler refuted the news of the supposed …
A closely followed crypto strategist believes that people may be underestimating the upside potential of Bitcoin (BTC) for this market cycle. Analyst Jason Pizzino tells his 93,700 followers on the social media platform X that some traders are already marking the possible approval of a slew of Bitcoin exchange-traded funds (ETFs) as the end of …
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Continue reading “WisdomTree and Valkyrie add fee waivers to spot Bitcoin ETF applications”
A widely followed crypto strategist is updating his outlook on Ethereum (ETH) competitor Solana (SOL). Pseudonymous crypto strategist Pentoshi tells his 738,500 followers on the social media platform X that SOL could dip in the coming months by more than 40% from its current value. “Not sure we get as low as I have here, …
Bitcoin price jumped toward $48,000 after the hacked SEC account tweet. BTC trimmed all gains, but the uptrend support is still intact near $45,200. Bitcoin spiked toward the $47,800 and $48,000 resistance levels. The price is trading above $45,500 and the 100 hourly Simple moving average. There is a major contracting triangle forming with resistance …
Continue reading “Bitcoin Price Rejects 48K After The SEC Drama But Uptrend Still Intact”
Solana (SOL), the fifth largest cryptocurrency by market capitalization, has experienced a significant surge after undergoing a correction from its 20-month high of $125, reached on December 25. Following a dip to the $85 level on Monday, January 8, SOL reclaimed the $100 level again, demonstrating a 6.4% surge in the past 24 hours. Moreover, …
