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Market Watchers are Accumulating This Little-Known AI Crypto – Here’s Why
12.1.2024
Launchpad XYZ will use AI tools to rank and analyze digital assets for crypto traders after its ongoing $LPX presale period. Image by Supatman, Adobe Stock. Launchpad XYZ leaned into AI to build crypto trading tools before launching its native token $LPX, an AI crypto gaining traction during...
Groundbreaking Debut for Bitcoin ETFs, Garnering $4.5 Billion on Day One
12.1.2024
Source: Adobe / Backcountry Media The new spot Bitcoin ETFs made a significant impact when they debuted on Wall Street on Thursday, collectively amassing $4.5 billion in volume on their first day of trading. The impressive debut exceeded market observers’ expectations, reflecting the strong...
Is It Too Late to Buy Ethereum Classic? ETC Price Pumps 56% as This Meme Coin Goes Viral
12.1.2024
Meme Kombat presale is seeing continuous hype as ETC ‘s price spikes 56% on Ethereum ETF speculation. Image by Kerem Goktug Kaya, DALL-E 3. Ethereum Classic (ETC), the original Ethereum hard fork, has recently experienced a massive spike in its price, rallying more than 50% amid the broader...
10 Best Crypto Discord Groups & Servers to Join in 2024
12.1.2024
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. While getting into the cryptocurrency market can be a rather daunting task, joining one of the best crypto Discord groups can make it far easier. ...
Bonk Price Prediction as BONK Skyrockets, Outperforming Dogecoin – Is BONK the New DOGE?
12.1.2024
The Bonk price has dropped to $0.00001525 today, marking a 3% loss as the market also suffers a corrective dip in the past 24 hours. However, this dip has done little to reverse the very impressive gains BONK has made in recent days, with the meme coin actually up by 37.5% in the past week....
Cardano Price Prediction as Bulls Hold $0.57 Level – Here’s Where ADA Might Head Next
12.1.2024
The Cardano price has dropped by 1% in the past 24 hours, slipping to $0.5754 as the wider market cools off a little following the SEC’s approval of several Bitcoin ETFs. ADA is now up by 4% in the past week, and while it’s actually down by 6% in a fortnight, it remains up...
SEC Commissioner Crenshaw Dissents From Spot Bitcoin ETF Approval
12.1.2024
SEC Commissioner Caroline A. Crenshaw voices her dissent against the commission’s approval of spot bitcoin ETFs, highlighting the risks of market manipulation, the concentration of bitcoin ownership, and the inadequacy of current regulatory measures in safeguarding investor interests....
With Bitcoin ETF Approvals, Market Eyes Inflows and Potential Spot Ether ETF
12.1.2024
The SEC’s approval of spot bitcoin ETFs marks a major milestone in cryptocurrency regulation, yet it’s ethereum that captures the market’s attention with a price rally, as investors and analysts now turn their eyes towards potential spot ether ETF approvals in the near future....
Bitcoin Price Prediction: ETF Surge Boosts BTC to $46,000 Amid Dollar Fluctuations & Inflation
12.1.2024
In the ever-evolving landscape of digital currencies, Bitcoin has once again captured the financial world’s attention. Amid a backdrop of significant market movements, Bitcoin is currently trading at $45,986, marking a decrease of 1.20 percent as of Friday. This recent fluctuation comes...
Crypto Products for European Investors Experiencing ETF FOMO
12.1.2024
Source: AdobeStock / Craig European crypto enthusiasts are on the sidelines watching as the U.S. Securities and Exchange Commission (SEC) approved eleven spot bitcoin exchange-traded funds experiencing FOMO (fear of missing out) – it’s worth noting there are already plenty of products...
Elizabeth Warren Criticizes SEC as Bitcoin ETFs Record Over $4 Billion in First-Day Trades
12.1.2024
Source: DALL·E The newly approved spot Bitcoin exchange-traded funds (ETFs) have witnessed a remarkable trading volume, exceeding $4 billion on their first day in the market. According to Bloomberg Intelligence ETF analyst James Seyffart, spot Bitcoin ETFs’ first-day trading volume...
5 Cryptos To Boost Returns in a Stocks and Bonds Portfolio 2024
12.1.2024
The dawn of Bitcoin ETFs presents an opportunity for investors to capitalize through a diversified crypto portfolio allocation. Image by Kerem Goktug Kaya, DALL-E 3. The U.S. Securities and Exchange Commission (SEC) made history this week, approving the first-ever Bitcoin exchange-traded funds...
Domestic Exchanges Account for 99.7% of Brazilian Cross-border Crypto Trades – Central Bank
12.1.2024
Source: Alexey Novikov/Adobe Exchanges that buy coins overseas to sell on the domestic market account for most of Brazil’s cross-border crypto trade, a Central Bank report has found. The findings were published in an official post from the bank’s data analysis team. The authors reported...
Spot Bitcoin ETFs Wage Fee War as Bitwise Charts Unique Path
11.1.2024
In a strategic bid to dominate the emerging spot Bitcoin ETF market, financial giants like Blackrock and Invesco/Galaxy unveil aggressive fee cuts, while Bitwise takes an innovative philanthropic approach. Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More...
Record $2.3B in Bitcoin ETF Trades as BTC Rockets to $49K, Then Plummets Below $46K
11.1.2024
At 11 a.m. Eastern Time (ET) on Jan. 11, 2024, the newly launched spot bitcoin exchange-traded funds (ETFs) boasted a remarkable trading volume of $2.3 billion. However, in a dramatic turn of events later that afternoon, bitcoin’s spot markets experienced a steep decline, with prices falling...
Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs
11.1.2024
Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin...
Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences
11.1.2024
Bitcoin hit its highest price in more than two years Thursday before it fell back to $46,000 as the highly anticipated spot bitcoin ETF debut unleashed volatility
Bitcoin Miners May Be Due a Breather After Spot ETF Approval, JPMorgan Says
11.1.2024
The total market cap of the listed miners in the bank’s coverage has increased 131% since the end of September
Solana Price Prediction as Bulls Push SOL Above $100 – Can SOL Reach $1,000?
11.1.2024
The Solana price has jumped by an impressive 11% in the past 24 hours, surging to $105.60 as the wider crypto market responds to the SEC approving several Bitcoin ETFs yesterday. SOL has now risen by 49% in the last 30 days and by a whopping 566% in the past year, making it one of […]
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Ethereum Price Prediction as Analyst Says ETH ETFs are Coming in 2024 – Time to Buy?
11.1.2024
The Ethereum price has surged by 10% in the past 24 hours, rising to $2,656 on the day after the SEC approved its first ever batch of spot-based Bitcoin ETFs. Yet ETH seems to be doing better than most coins today, with its 24-hour gain surpassing the 6% rise the market as a whole has […]
The...