Bitcoin, the largest cryptocurrency in the market, experienced a price recovery on Friday; however, industry experts anticipate a further test of sub-$30,000 levels in the near term. The prolonged downtrend observed over the past fourteen days, coupled with mounting selling pressure, has raised concerns about the sustainability of the recent rebound. BTC’s Local Bottom Predicted …
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The decentralized open-source blockchain, XRP Ledger, is set to introduce more innovative solutions to XRP holders through its new Automated Market Maker (AMM) feature. The XRP community is currently buzzing with excitement as the Chief Technology Officer (CTO) of Ripple, David Schwartz, unveils how the AMM offers a unique avenue for earning passive income. XRPL …
The recently launched spot Bitcoin ETF (exchange-traded funds) products in the US are seeing combined negative flows for the first time since they started trading […] Go to Source
The U.S. Securities and Exchange Commision (SEC) has again delayed its decision on Grayscale Investments’ proposal for a spot Ethereum ETF (exchange-traded fund), asking whether […] Go to Source
Coinbase’s (COIN) stock is rising after multiple reports of being upgraded to “outperform” by a prominent investment brokerage and bank. According to a new report by Yahoo Finance, financial services giant Oppenheimer expects the top US-based crypto exchange platform’s stock to outperform expectations and reach a price tag of $160. In an accompanying research note, …
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BlackRock’s iShares Bitcoin ETF (IBIT) has set a new benchmark in the cryptocurrency investment space by amassing over $2 billion in assets under management (AUM) just ten days after its trading debut, according to Bloomberg Terminal data. BlackRock now holds almost 50,000 BTC through its ETF. The rapid accumulation reflects the strong investor interest but …
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The price of Bitcoin surpassed $42,000 on Jan. 26 amidst significant spot Bitcoin ETF flows and an upgrade to Coinbase’s stock rating. Bitcoin (BTC) was valued at $42,040.36 with a market cap of $824.4 billion at 8:05 pm UTC on Friday. That marks 5.3% growth over 24 hours. Bitcoin’s current price also represents a five-day …
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In a landmark judgment, Mark Scott, formerly a high-ranking lawyer at Locke Lord LLP, received a 10-year prison sentence on Jan. 25 for laundering $400 million derived from the infamous OneCoin Ponzi scheme. The sentencing at the Southern District of New York followed Scott’s 2019 conviction on multiple counts of bank fraud and money laundering. …
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The native altcoin for a gaming-focused non-fungible token (NFT) marketplace surged more than 35% in a 24-hour period this week, defying the overall crypto market doldrums. Prom (PROM) bills itself as a “decentralized, confidential, and safe” ecosystem for exchanging and renting NFTs. The project’s native token, PROM, is up 36.3% in the past 24 hours …
A widely followed crypto trader is analyzing the up-and-down price activity of Bitcoin (BTC), Solana (SOL) and altcoins in general. Pseudonymous trader Rekt Capital tells his 390,400 followers on the social media platform X that BTC is about to face a moment of truth. “Moment of truth for Bitcoin Green arrows show good retests of the Range …
The widely followed cryptocurrency analyst and trader Michaël van de Poppe believes that one of the major competitors of Ethereum (ETH) could more than double its price from the current level. Van de Poppe tells his 685,900 followers on the social media platform X that a correction in the crypto market has presented many opportunities, …
New data reveals that a Bitcoin (BTC) whale is suddenly shifting around billions of dollars worth of the top crypto asset by market cap to and from wallets and crypto exchange platforms. According to whale-surveying platform Whale Alert, the deep-pocketed BTC investor shifted 7,000 BTC, worth just over $280 million, on the night of January …
Federal securities regulators say they need a longer period to consider asset managers Grayscale Investments and BlackRock’s applications for an Ethereum (ETH) exchange-traded fund (ETF). In an order dated January 24th, the U.S. Securities and Exchange Commission (SEC) says it is extending the period to decide on a proposed rule change to convert the Grayscale …
January 25, 2024 – Dubai, United Arab Emirates De.Fi, the largest Web 3.0 super app whose DEFI token launch is coming, announced airdrop season one. De.Fi reached new heights with the resounding success of the $10 million public token sale in 2023, securing a total of $17 million in funding. Additionally, the team launched the …
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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 …
Continue reading “Bitcoin’s safe-haven status strengthened despite recent price crisis: Kaiko”
