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Blackrock’s Spot Bitcoin ETF Now Holds 11,439 BTC
14.1.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF) has acquired 11,439 bitcoin, with a market value of nearly $500 million, within two days of trading on the Nasdaq stock exchange. Blackrock’s Ishares Bitcoin Trust was among the 11 spot bitcoin ETFs approved by the U.S. Securities...
Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves
13.1.2024
Statistical data reveals that Binance and Coinbase, two titans in the cryptocurrency exchange arena, cumulatively possess 11.85% of the $1.68 trillion digital currency economy. In addition, these prominent trading platforms control 7.83% of the total bitcoin supply, underscoring their significant...
$311 Million in NFT Sales Amidst Fluctuating Blockchain and Collection Performances
13.1.2024
In the last week, the non-fungible token (NFT) market experienced unremarkable sales, totaling $311.31 million. This figure represents a slight uptick of just 0.05% from the previous week. Despite this, Bitcoin NFT sales have consistently outperformed other blockchain networks since November 2023....
Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks
13.1.2024
Although spot Bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday. For instance, Marathon Digital Holdings’ shares...
GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’
13.1.2024
Last week, the U.S. Securities and Exchange Commission (SEC) greenlit the debut of 11 diverse spot bitcoin exchange-traded funds (ETFs), which, in their initial two days on the market, experienced a substantial $7.65 billion in trading volume. Concurrently, while a host of new entrants enjoyed...
This Solana Rival is set to top the Market Cap of SOL, currently only at $0.07
13.1.2024
The cryptocurrency landscape is ever-evolving, with new projects constantly emerging, each vying for its place in the sun. One such project that has been turning heads and gaining momentum is Retik Finance (RETIK). This relatively new entrant to the crypto space is often referred to as the Solana...
Grayscale’s 4,000 Bitcoin Transfer Worth $175M Stirs Market Speculation Amid Record ETF Trading Volume
13.1.2024
Recent blockchain analytics reveal that 4,000 bitcoins, valued at approximately $175 million, have been transferred from addresses believed to be controlled by Grayscale’s Bitcoin Trust, commonly referred to as GBTC. Records indicate that these transfers occurred in four separate batches...
Biggest Crypto Gainers Today on Uniswap – TUCKER, FROG, LOONG
13.1.2024
As Bitcoin (BTC) leads a sharp decline in the broader cryptocurrency market on Friday, traders looking to make quick gains are hunting for the biggest small-cap crypto gainers today on Uniswap. Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day....
Best Crypto to Buy Now January 12 – Bitcoin Cash, Sui, Tezos
12.1.2024
Bitcoin Cash, Sui, and Tezos price resurgences could make them the best cryptos to buy now amid the market retracement. Image by cryptonews.com. Even as the overall crypto market faces selling pressure, impactful developments have lifted SUI to a record 8-month high so far today. Bitcoin Cash...
Terra Luna Classic Price Prediction as LUNC Bounces 30% From Recent Bottom – Where Next for LUNC?
12.1.2024
Despite falling around 5% on Friday, the Terra Luna Classic (LUNC) price remains over 20% up versus the lows it printed earlier in the year near $0.00010. The Luna Classic price was last around $0.00012, having reversed sharply back from earlier session highs in the upper $0.00013s. LUNC’s...
Coinshares Expands US Footprint Through Strategic Takeover of Valkyrie and Its Array of ETFs
12.1.2024
On Friday, Coinshares International Limited, announced that the firm has acquired Valkyrie Funds LLC, the U.S.-based digital asset manager. The Saint Helier company said the decision comes after a direct result of Valkyrie’s spot bitcoin exchange-traded fund (ETF) approval. Coinshares Amplifies...
BTC Tumbles Below $44K, Bitcoin Miners Drop 10% Boosting ETF 'Sell the News' Calls
12.1.2024
Bitcoin [BTC] dropped to near $43,000 Friday, a fall of 6% in day-over-day trading, while some bitcoin mining stocks tumbled over 10% extending yesterday's decline after Thursday's highly-anticipated spot bitcoin ETF debut
3 Crypto To Accumulate in an Income Portfolio in 2024
12.1.2024
In 2024, the crypto market is brimming with potential for those aiming to build a crypto-centric income portfolio. Indeed, with significant events such as the next Bitcoin halving on the horizon, ditching the clichés of a traditional income portfolio, composed mainly of stocks and bonds,...
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....