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Solana Gains More Than Bitcoin as Trader Speculates an 'Extreme Move' Is Ahead
8.2.2024
The broader altcoin market also showed signs of rebounding from oversold levels, one analyst noted
Bitcoin Soars Above $45K, Reaching 4-Week High Post Spot ETF Launch
8.2.2024
Bitcoin’s USD value surged to its peak in nearly four weeks, marking the highest point since the launch of spot bitcoin exchange-traded funds (ETFs) on Jan. 11, 2024. On Thursday, bitcoin’s price climbed over 4% against the U.S. dollar, and hit a peak of $45,522 per unit. Bitcoin...
ARK Invest and 21Shares Outline Cash Processes in New Ethereum ETF Bid
8.2.2024
Ark Invest and 12Shares have refiled their joint application for a spot market Ethereum ETF to address cash creation and redemption. The amendments bring it in line with spot Bitcoin ETFs recently approved by the US Securities and Exchange Commission, according to Bloomberg ETF analyst Eric...
XRP Price Prediction as Whales Ramp Up Bullish Bets Despite Slump – Huge Pump Incoming?
8.2.2024
The XRP price has increased by 2% today, rising to $0.5129 as the wider cryptocurrency market enjoys a 3.5% gain in the past 24 hours. XRP’s move also comes amid an increase in leveraged long positions among large traders, with XRP’s long/short ratio on OKX reaching its highest position...
Spot Trading Volumes Hit $1.4 Trillion as Exchanges Record Growth In Fourth Consecutive Month
8.2.2024
Digital asset spot trading volumes continued on a steady rise in January on the back of a spot Bitcoin (BTC) ETF approval by the United States Securities and Exchange Commission (SEC). A new CCData market report shows an increase in market activity as ETF participants notch inflows and traders...
Cardano Price Prediction as ADA Rallies Up 11% – Is a New High on the Horizon?
8.2.2024
The Cardano price has rallied by 11% in the past 24 hours, rising to $0.5311 on a day when the crypto market has gained by 3.5%. ADA is now up by 8.5% in a week and by 10% in a fortnight, with the altcoin also sitting on a 33% gain in the last 12 months. […]
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Pandora’s ERC-404 Standard Grabs Crypto World’s Attention + More NFT News
8.2.2024
The non-fungible token (NFT) market has seen a significant recovery over the past day. The sales volume is up 31% to $42,969,376. Meanwhile, buyers are down less than 1%, sellers 15% and transactions 8%. All top 10 collections by sales volume have seen an increase in the last 24 hours,...
Solana’s rising meme coin, SMOG, hits $2 million market cap on Jupiter – Is this the next BONK?
8.2.2024
Solana meme coins have become quite the spectacle in the market, offering investors and enthusiasts the allure of parabolic gains and virality. BONK’s recent bullish momentum has inspired a wave of meme coins on the Solana network. Among the many contenders seeking the spotlight, SMOG promises...
Bonk Price Prediction as BONK Jumps 5% in 24 Hours – Time to Buy?
8.2.2024
The market’s third biggest Doge-inspired meme coin, BONK, has rallied 6% in the last 24 hours to trade at $0.00001055 at the time of writing. That’s just over 1% higher than it was this time last week, but the token has shedded 20.5% of its price in the last thirty days due to bearish...
Lucrative Opportunities in Crypto Market – BITmarkets Offers 100% Trading Bonus
8.2.2024
BITmarkets has announced that it will offer its customers a 100 percent trading bonus. It has said that the promotional strategy is part of its commitment to enhancing the trading experience on the platform. The core objectives of rolling out a 100% trading bonus are to foster crypto engagement...
Bitcoin Price Prediction as Bulls Target $47,000 Level – Time to Buy?
8.2.2024
The quest for a robust Bitcoin price prediction intensifies as market bulls eye the $47,000 threshold. Currently, Bitcoin hovers around $44,500, climbing by 0.50% on February 8, signaling a potential pivot in investor sentiment. This resurgence follows Bitcoin’s halt of a downward spiral...
Paradigm Backs Prediction Market in Legal Battle Against CFTC
8.2.2024
Paradigm has stepped up to back Kalshi in its legal battle against the Commodity Futures Trading Commission (CFTC), defending the right to offer prediction markets in the U.S. Congressional elections, and arguing for the critical role such markets play in risk management and information...
Solana Foundation Teams Up with Abu Dhabi Free Zone for Web3 Push
8.2.2024
Abu Dhabi Global Market (ADGM) and Solana Foundation announced Wednesday an agreement to explore blockchain ecosystem development. The collaboration aims to improve Distributed Ledger Technology solutions and drive forward blockchain innovation, a press release said. “We are excited to partner with...
Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains
7.2.2024
BTC broke above $44,000 for the first time since Jan. 12, the day after the spot ETF debuts
Bitcoin Price Pushes Above $44,000 as Bulls Regain Control – Where Next for BTC?
7.2.2024
The Bitcoin (BTC) price just hit its highest level since the 12th of January above $44,000. The world’s largest cryptocurrency by market cap seems to be taking its cue from bullish momentum in US equities. The S&P 500 came within a whisker of hitting the 5,000 level for the first time...
Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs
7.2.2024
Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is...
Quantum Cats NFT Collection Jumps in Value, Dominates Secondary Market Trade Volume
7.2.2024
Following the launch of Taproot Wizards’ Quantum Cats non-fungible token (NFT) series, secondary market activity reveals significant trading volume and a significant increase in the collection’s minimum value. Initially offered at 0.1 bitcoin each, Quantum Cats’ lowest value...
Bitcoin Technical Analysis: BTC Resilience Maintains Amidst a Balanced Crypto Market
7.2.2024
Bitcoin’s price continues to demonstrate resilience in the face of market fluctuations, settling at $42,902 to $43,091 within the last hour, with a modest uptick of 0.4% in the last 24 hours. This week’s growth of 0.7%, coupled with a 6.8% increase over the past two weeks, highlights...
CleanSpark Announces Two New Acquisitions + More Crypto News
7.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: CleanSpark Announces Two New Acquisitions Neo Develops Bespoke Consortium Ethereum-compatible Chain for Chinese Enterprise Market Ripple’s XRPL...
Canada Market Favors Crypto and Blockchain Investments Over Others in 2023
7.2.2024
Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued...