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Hedge Funds' Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC
13.7.2023
The percentage of funds with crypto exposure fell to 29% from 37% in the past year, though no traditional hedge funds plan to decrease their exposure in 2023
Coinbase Key Metrics Show Bullish Outlook Among Traders With Short-Term Caution
12.7.2023
Coinbase has missed out on “a significant portion of the cryptocurrency market's upside” and is expected to join this move later, one trader said
Execs remain positive on long-term prospects amid VC funding downturn
6.7.2023
Outlier Ventures exec Gvantsa Chkuaseli said there are reasons to stay optimistic, and challenging conditions haven’t stamped out interest
The High Rate Environment — Bank of America Faces Paper Losses Exceeding $100 Billion
4.7.2023
Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit Insurance Corporation (FDIC) reporting that...
Nigeria Currency Presently Undervalued Says Bank of America Analysts
4.7.2023
According to Bank of America analysts, the Nigerian currency is currently undervalued and will likely end the year trading at around NGN680 per dollar. The analysts assert that higher oil revenues and a liberalized import regime will likely see Nigeria record current account surpluses in the medium...
China-Africa Economic and Trade Expo Aims to Defy Western ‘Debt Trap’ Accusations, Generating $19 Billion in Trade Deals
2.7.2023
According to a report from the third annual China-Africa Economic and Trade Expo, Africa and China are continuing to strengthen their long-term trade ties. China wants to be one of Africa’s largest trading partners, and reports revealed on Friday that this year’s expo is expected...
Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...
Blackrock’s Influence Fuels Soaring Bitcoin Interest, Google Trends Data Shows
28.6.2023
Over the past 30 days, the popularity of the term “bitcoin” has surged significantly, as indicated by Google Trends metrics. On June 21, 2023, the search term bitcoin achieved a perfect score of 100. Notably, the curiosity surrounding bitcoin-related news has also experienced...
MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows
28.6.2023
Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases
Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies
27.6.2023
The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction
Dormant Bitcoin Wallets From 2010 Resurface: 100 Bitcoins Transferred After More Than 12 Years
26.6.2023
Following the spending of 50 bitcoins from 2010 on June 15, after more than 12 years of dormancy, approximately 11 days later, another group of dormant wallets created in 2010 transferred 100 bitcoins worth just over $3 million for the first time in well over a decade. 2023 Records 8 Block Rewards...
Why long-term holders are selling Cardano for the InQubeta presale?
23.6.2023
Recent market analysis has shown a significant price devaluation of prominent cryptos in the DeFi market, such as Cardano (ADA). This results from the Securities and Exchange Commission (SEC) filing a lawsuit against the cryptocurrency and regarding it as an unregistered security. Consequently...
Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending
22.6.2023
The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates
‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
22.6.2023
Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well
BlackRock Bitcoin spot ETF nod 'unlikely in near term' — QCP Capital
22.6.2023
Bitcoin spot ETFs face a brick wall, at least for the time being, from SEC Chair Gary Gensler, new research concludes
Five Reasons Why Long-term Holders Are Dumping Dogecoin for Doge Rush
15.6.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The Doge Rush presale is moving ahead at a meteoric pace as investors hoard $DR tokens at a discount in anticipation of a wild bull run later this year. Interestingly, a significant share of...
Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance
11.6.2023
Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different...
Ethereum Price Prediction as ETH Sits on Long Term $1,800 Support – When is the Next Leg Up?
9.6.2023
The Ethereum price has slipped by 0.3% in the past 24 hours, while keeping to the $1,800 support level it has held for several months now.
At $1,834, ETH is down by 2.5% in a week, following legal actions from the SEC that have served to depress pretty much the entire cryptocurrency...
Coinbase Shares Are 'Uninvestable' in the Near Term: Berenberg
8.6.2023
The investment bank cut its price target on the stock to $39 from $55
Former Minnesota Vikings Co-Owner Slapped With 75 Month Jail Term for Processing $750M Worth of Crypto Transactions
7.6.2023
U.S. Attorney’s Office for the Southern District of New York announced on June 5 that the former co-owner of Minnesota Vikings, Reginald Fowler, has been sentenced to 75 months in prison for processing more than $700 million of unregulated transactions on behalf of crypto exchanges. Folwer...