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Kevin O’Leary Says He’ll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term
15.1.2024
Kevin O’Leary, aka Mr. Wonderful, says he will never buy a spot bitcoin exchange-traded fund (ETF) as he is holding bitcoin for the long term as digital gold. “Why would I pay these fees?” he said, adding that spot bitcoin ETFs “add no value” and are “completely...
US Lawmaker Expects Donald Trump to Become ‘a Lot More’ Crypto Friendly in Second Term as President
14.1.2024
U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House. Trump has launched three non-fungible token (NFT) collections since leaving office. Meanwhile, some analysts predict that...
XRP Price Prediction as Bitcoin ETF Goes Live – Will XRP Get an ETF Next?
11.1.2024
The XRP (XRP) price predictions remain bearish in the short term as spot Bitcoin ETFs go live in major US financial markets. The XRP price was last around $0.60, roughly flat on the day. The cryptocurrency earlier found strong resistance at its 21 and 50DMAs, which reside at $0.6060 and $0.6160...
Controversy Arises as Genesis Creditors Challenge DCG’s Claim of Full Debt Repayment
10.1.2024
Genesis Global Source: AdobeStock / Timon Digital Currency Group (DCG) is facing allegations from an ad hoc group of lenders, claiming that DCG has not fulfilled its repayment requirements to its bankrupt subsidiary, Genesis Global. Despite DCG’s recent announcement on X that it had fully...
Bitcoin Price Marks First-Ever “Golden Cross” During ETF Hype
9.1.2024
Source: Adobe / A.AKS Bitcoin (BTC) just flashed an ultra-bullish technical indicator called the “golden cross” for the first time ever on its weekly price chart. A golden cross occurs when a short-term moving average of an asset’s price crosses above a long-term moving average. Market participants...
Kevin O’Leary Anticipates Strong Institutional Interest in Crypto Regardless of Spot Bitcoin ETF Outcome
5.1.2024
Shark Tank investor Kevin O’Leary, also known as Mr. Wonderful, has emphasized that institutional interest in crypto and bitcoin will remain high regardless of the U.S. Securities and Exchange Commission (SEC)’s decision on spot bitcoin exchange-traded funds (ETFs). “Even a...
Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
2.1.2024
Vaneck’s director of digital assets strategy has explained why people tend to underestimate the long-term impact of spot bitcoin exchange-traded funds (ETFs). He believes that upon the approval of a U.S. spot bitcoin ETF by the Securities and Exchange Commission (SEC), “bitcoin’s price trajectory...
VanEck Adviser Says Spot Bitcoin ETF Impact is Overestimated Despite Long-Term Gains
1.1.2024
Source: Adobe Stock VanEck adviser Gabor Gurbacks pointed out that the hype of a Bitcoin (BTC) spot ETF in the market could be overestimated in terms of short-term inflows but could see long-term gains as the window widens. In a Jan 1 post, Gurbacks wrote on X (formerly Twitter) that people have...
Assessing Market Trends: Why Solana (SOL) and Retik Finance (RETIK) are the tokens for Long Term Profits
28.12.2023
In this article, we embark on a journey across the cryptocurrency seas, steering toward the shores of long-term profits. Our compass guides us to two promising tokens: Solana (SOL) and Retik Finance (RETIK), showing noteworthy potential amid the ever-changing market trends. Solana creates ripples...
Survey Reveals 75% of Hong Kong’s Virtual Asset Investors Chase Short-Term Returns
26.12.2023
Source: iStock/Onfokus The majority of Hong Kong’s virtual asset investors chase short-term returns, embrace crypto as an investment trend, and fear missing opportunities. One of the key findings of the “Retail Investor Research 2023” report was that 75% of the surveyed virtual...
Bitcoin Technical Analysis: BTC Price Reflects Market Equilibrium and Consolidation
22.12.2023
While precious metals such as gold and silver ascend and the stock market concludes its eighth consecutive week of gains, bitcoin steadies at $43,638 amidst a market teeming with intricate technical indicators. Bitcoin Bitcoin’s current price is situated within a 24-hour range of $43,412...
Ethereum Smart Contract Framework Updated to Combat Security Concerns
18.12.2023
Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. Ethereum is one of the most widely used blockchain networks globally. Recent findings from CoinMarketCap show that Ethereum has the highest number of total developers, accounting...
Bitcoin Volatility Incoming as BTC Price Forms This Key Technical Pattern – $38K or $48K Next?
16.12.2023
Source: Adobe Stock Bitcoin (BTC) chart analysis suggests the price has formed a key short-term technical pattern that could be a harbinger of extreme volatility ahead, with quick dump to $38,000 or pump towards $48,000 possible depending on how the pattern is broken. Amid its consolidating back...
Ethereum Technical Analysis: ETH Faces Downward Pressure; Bearish Trends Emerge Amidst Market Volatility
15.12.2023
As of Dec. 15, 2023, ethereum’s price exhibits intricate dynamics, standing at $2,259. Oscillators and moving averages paint a mixed picture, while the 4-hour and daily charts reveal patterns of consolidation and a short-term downtrend. Ethereum Ethereum’s (ETH) market capitalization...
Bitcoin Price Prediction as BTC Falls 7% in 7 Days – Time to Buy the Dip?
13.12.2023
Bitcoin, the pioneering and most prominent cryptocurrency, has recently faced a downward trend, slipping below $42,000 earlier this week. This decline, accentuated by the release of the latest US Consumer Price Index (CPI) numbers, raises questions about the asset’s short-term trajectory....
Bitcoin Price Pumps As Dovish Fed Signals Three Rate Cuts in 2024 – Where Next for BTC?
13.12.2023
Source: Adobe The Bitcoin (BTC) price is pumping on Wednesday amid a dovish reaction across traditional asset markets to the US Federal Reserve’s latest policy announcement. BTC was last up 3.2% on the day and trading in the upper $42,000s, with bulls eyeing a near-term retest of yearly highs...
Best Crypto to Buy Now December 13 – Fetch.ai, NEO, Cosmos
13.12.2023
Technical indicators for major cryptocurrencies suggest NEO and Fetch.ai could continue bullish runs, while Cosmos confronts near-term resistance. Here are some of the best crypto to buy now. Image by cryptonews.com. Fetch.ai’s FET price has spiked above $0.65, setting a new 2023 high...
Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy
12.12.2023
In the dynamic world of cryptocurrency, Bitcoin (BTC) is experiencing subtle yet noticeable fluctuations, trading at $41,457 with over 0.50% rise as of Tuesday. Market sentiments are heavily influenced by key economic events and policy changes. As the Federal Open Market Committee (FOMC) meeting...
Fed Observer Jim Grant Foresees Long-Term High Rates as FOMC Meeting Approaches
11.12.2023
Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell will continue to uphold the current elevated...
Tron (TRX) and Ripple (XRP) investors tired of holding are now moving towards utility-rich Retik Finance (RETIK)
9.12.2023
The cryptocurrency landscape is a volatile one, rife with both fleeting hype and long-term disillusionment. Investors, once captivated by the promise of astronomical returns, often find themselves holding tokens with stagnant prices and uncertain futures. This is particularly true for holders...