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Ethereum’s Growth Could Spike With Increased Institutional Investments In First Half of 2024: Coinbase
9.2.2024
With a fresh analysis released on February 8, Coinbase’s research division shed light on the anticipated growth in Ethereum’s trading dynamics during the initial six months of 2024. Coinbase analysts highlighted growth points after the approval of spot Bitcoin (BTC) ETFs...
Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside
9.2.2024
Bitcoin Price Punches Above $48,000 / Source: Dalle-3 The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on the 11th of January, and was last up close to 5.0% on the day. Bitcoin (BTC) bulls have taken decisive control...
Web3 Importance Highlighted in Alex Tapscott’s New Book
9.2.2024
A research report published by Spherical Insights & Consulting found that the global Web3 market size was valued at $1.82 billion in 2022. According to the report, this number is expected to reach $67.92 billion by 2032. Yet while the potential behind Web3 is massive, confusion remains when...
Dragon Year Awakening — Bitcoin Proponents Eye Bull Market Surge Amidst Zodiac Predictions
9.2.2024
As we usher in the Year of the Dragon this coming weekend on Feb. 10, 2024, per the Chinese zodiac, a significant swath of cryptocurrency enthusiasts are optimistic that bitcoin is on the cusp of a substantial bull market. This optimism is rooted in the Dragon year’s traditional association...
Best Crypto to Buy Today February 9 – BONK, BEAM, SUI
9.2.2024
As Bitcoin (BTC) cruises towards $48,000 and leads a broad crypto market rally, higher risk-tolerant crypto investors are scouring the smaller cap altcoins markets on the hunt for the best crypto to buy now. Bitcoin is up 6% in 24 hours after strong inflows into newly launched spot Bitcoin ETFs...
ETF History Made: BlackRock and Fidelity’s Bitcoin Launches Become the Talk of Wall Street
9.2.2024
Interest in market leading spot Bitcoin ETFs has exploded one month after launch, according to Bloomberg’s Senior ETF analyst Eric Balchunas. Balchunas posted a multi tweet thread on X crunching the numbers behind the newly launched Bitcoin investment products. BlackRock and Fidelity’s...
New Solana Meme Coin SMOG Token Announces ETH Bridge After Major $37M Market Cap Launch – Markets Bullish on Airdrop Campaign
9.2.2024
Friday, February 9th, 2024 – Enter the Year of the Dragon in the latest major airdrop development on Solana, new meme coin Smog Token (SMOG) has announced it is shifting to become a multi-chain ecosystem using Wormhole, just 24 hours after a sensational skyrocket for SMOG price at launch....
Bitcoin Active Supply Surges as Long-Term Holders Start Moving Assets
9.2.2024
Market activity around Bitcoin (BTC) has increased since the approval of spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). A recent market report from Bitfinex shows a slight increase in the amount of BTC in circulation. Long-term investors are holding on to more...
Bitcoin Tops $47K as Spot Bitcoin ETFs Book One of Their Best Days
9.2.2024
Spot bitcoin ETFs attracted Thursday their third-largest net inflows since debut, increasing their holdings by 9,260 BTC
Will This New $0.01 Cryptocurrency Be The Next Solana (SOL)?
9.2.2024
  In the ever-evolving world of digital currencies, a new token priced at a mere $0.01 is rapidly becoming the center of attention, drawing parallels with the explosive growth of Solana (SOL). This fresh entrant in the crypto market, boasting groundbreaking technology and an ambitious vision...
XRP Price Prediction as Technical Indicators Signal Bullish Turn – Surge Imminent?
9.2.2024
The XRP price has risen by 1.5% in the past 24 hours, climbing to $0.5227 on a day when the cryptocurrency market as whole enjoys a 3% lift. XRP has now risen by 3.5% in a week, yet the major altcoin actually remains down by 7% in the last 30 days, an underperformance relative to […]
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CryptoPunks Reveals Details For Its Punk In Residence Incubator Program + More NFT News
9.2.2024
In NFT news today, after a couple of days of increasing non-fungible token (NFT) sales volume, the market is back in red. According to CryptoSlam, the sales volume is down nearly 13% over the past day to $42,137,944. Buyers, sellers, and transactions are all down by just above 30%. Looking at...
Shiba Inu Price Prediction as SHIB Breaks 2-Month Downtrend – New Peaks Ahead?
9.2.2024
The Shiba Inu price has risen by 2% in the past 24 hours, climbing to $0.000009365 after spending nearly two months on the decline. Its gain comes on a day when the cryptocurrency market as a whole has risen by 3%, with SHIB having increased by 3.5% in the past week and by 5.5% in […]
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DeFi Market Forecast: A $18.28 Billion Explosion by 2027
9.2.2024
Key Findings: In 2024, the DeFi sector is projected to record a 47.5% revenue increase to $26.15 billion. Between 2023 and 2027, DeFi market revenue is projected to rise to $18.28 billion, representing a 103% increase. The DeFi user base in the USA will increase by 95%, from 8,673,000 in 2023 to...
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
9.2.2024
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%
AI Tokens are Back in the Limelight – Meme Coin Investors Scoop Up Scotty the AI Before the Presale Ends
9.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scotty the AI ($SCOTTY) is a new meme coin that has both utility and purpose integrated into its framework. In a market characterized by hype and speculation, $SCOTTY stands out with advanced...
Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General
9.2.2024
Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Trust, offered customers up to 8% interest on crypto loans. But it was suspended amid the crypto market downturn...
New BTC ETFs Hold Over 178,000 Bitcoin, Drain Massive Liquidity From Market
9.2.2024
TDLR: Nine ETFs have collectively accumulated a total of 177,949 Bitcoin BlackRock and Fidelity Dominate with Nearly 75% GBTC Bitcoin Reserves declined but still hold a higher number of BTC than all the nine funds combined According to recent reports, the nine new spot Bitcoin ETFs, which were...
While Dogecoin (DOGE) Enjoys Mainstream Appeal, Traders Highlight NuggetRush’s Growing Potential
9.2.2024
TLDR Dogecoin (DOGE) records a significant decline from its late 2023 highs. Analysts say its growing network activity could slow DOGE’s decline. NuggetRush (NUGX) creates a mega buzz within the gaming market after an incredible presale growth. Dogecoin has nosedived significantly, falling from...
Rebel Satoshi’s Innovative Approach Sparks Investor Curiosity as AVAX and THORChain Navigate Market Challenges
9.2.2024
TLDR Investors increasingly focus on Rebel Satoshi (RBLZ) as it outshines new ICOs. Market experts predict Avalanche (AVAX) will see a price increase of 102% in 2024. Analysts believe THORChain (RUNE) will surpass the $7 mark by the end of 2024. Rebel Satoshi (RBLZ) has stood out as the best...