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Former NYSE President: Money Will Flood Into Crypto Industry With Spot Bitcoin ETFs
27.11.2023
Former NYSE President Tom Farley expects money to “flood” into the crypto industry when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “It’s just easier to buy. People believe in bitcoin,” he emphasized...
7-Day Crypto Snapshot: BLUR, APE, KLAY, and MINA Lead This Week’s Market Rallies
26.11.2023
In the last week, bitcoin experienced a modest increase of 2.7% against the U.S. dollar, while ethereum saw a rise of 6.5%. Concurrently, a range of other cryptocurrencies registered significant double-digit advances, notably the non-fungible token (NFT) marketplace Blur’s token BLUR, which...
MicroStrategy’s Bitcoin Holdings Drive Stock to Two-Year High – Here’s the Latest
26.11.2023
Source: Adobe/monticellllo MicroStrategy, the enterprise business firm known for its bullish stance on Bitcoin (BTC), has seen its stock soar to a two-year high. The technology company’s shares closed above $500 on Black Friday, a level not seen since December 2021, according to data from...
XRP Price Prediction as Analyst Foresees Major Breakout Soon – Is $100 a Realistic XRP Target in 2024?
26.11.2023
XRP As Ripple’s XRP coin continues its upward rally, the crypto community is abuzz with speculation about its future trajectory. Currently priced at $0.6200, XRP has shown remarkable resilience and a bullish trend, despite the usual market fluctuations. With a modest 0.25% increase in...
Bitcoin Price Prediction as BTC Gains 1.4% in 24 Hours – Sign of Steady Growth or a Pause Before a Drop?
26.11.2023
Bitcoin price’s recent 1.4% gain, bringing its trading price to $37,800, has investors pondering: is this the beginning of steady growth, or just a brief respite before a decline? This uptick comes amid the release of “Bull Run,” a documentary exploring the nuances of Bitcoin...
JPMorgan: Spot Bitcoin ETFs Could Put ‘Severe Downward Pressure on Bitcoin Prices’
26.11.2023
Global investment bank JPMorgan has cautioned that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could “put severe downward pressure on bitcoin prices.” The bank’s analysts estimate that billions of dollars could...
Stablecoin Market Rebounds — $5.48 Billion Growth in 22 Days
25.11.2023
Over the last few weeks, the market value of leading stablecoins has experienced a notable increase. The economy of these fiat-pegged tokens expanded from $123.66 billion to the present $129.14 billion. This substantial growth of almost $6 billion comes after the stablecoin industry shed tens...
UAE Virtual Assets Regulator Says Islamic Coin Issuer Has ‘Cooperated Fully’
25.11.2023
Bored Gen DMCC, the issuer of islamic coin, has cooperated fully with the Virtual Assets Regulatory Authority’s ongoing investigation into the token’s issuance and distribution. Bored Gen, however, still needs to “secure appropriate approvals” before it undertakes...
Coinbase COIN Rallies 49.7% in 24 Hours Reaching Highest Level Since May 2022 – Bull Market Starting?
24.11.2023
Source: Adobe Coinbase is experiencing a swift turnaround in its fortunes following a significant rally in its stock price. Listed on the Nasdaq trading floor, the COIN stock price has rallied over 49%, according to data from TradingView. The crypto-backed stock started November at $77 but...
Bitcoin Price Punches Through $38,000 Resistance as Bulls Eye Test of $40K – Where Next for BTC?
24.11.2023
Bitcoin Logo / Source: Adobe Bitcoin (BTC) just punched through $38,000 to hit new highs for the year, with a near-term retest of $40,000 looking increasingly likely. The world’s largest cryptocurrency by market capitalisation was last trading around $37,800 and with gains of around 1.5% on...
Market Analysts Are Strategically Loading Up on This Lesser-Known AI Crypto – What’s their Plan?
24.11.2023
Top market analysts are acquiring an under the radar AI crypto token. Could there be price-boosting news on the horizon? Image by Fareed Mindalano, DALL-E 3. A recently launched cryptocurrency project Launchpad XYZ has generated interest for its use of artificial intelligence and machine learning...
Wallet of Satoshi Exits US Market Amidst Record-Breaking Month, Leaving Customers to Seek Alternatives
24.11.2023
On Friday, Wallet of Satoshi, a provider of Lightning Network payment services, announced its departure from the U.S. market, though it refrained from providing specific reasons. The firm informed its U.S. clientele that they could “withdraw and transfer” their funds to a different...
New P2E & Staking Project Flies Past $200k in ICO – The Next Market Sensation?
24.11.2023
BlackRock recently met with SEC officials to discuss and clarify details related to their Spot Bitcoin ($BTC) ETF product. Investors must throw off their bearish bias and flip risk-on or get left behind. Institutional flows into crypto are guaranteed, followed by the halving against the backdrop...
Weekly Update: Investor Interest Peaks in Celestia and BorroeFinance Amid Continued Market Success
24.11.2023
Celestia (TIA) was one of the few tokens with a triple-digit price surge in November 2023. As a result, the token made it to most investors’ lists, and TIA is still on its bullish trajectory. Similarly, savvy investors are rushing to buy BorroeFinance ($ROE) tokens at the tail end of its second...
Top Crypto Gainers Today on DEXTools – PEPED, SEED
24.11.2023
DEXTools Logo / Source: DEXTools X Account Major blue-chip cryptocurrencies are trading with a positive bias on Friday despite a lack of trading volumes with US market participants away for the Thanksgiving holidays. Bitcoin (BTC) briefly hit fresh highs for the year above $38,000 and at current...
Bitcoin Technical Analysis: Bulls Eye $38K Amid Stiff Resistance
24.11.2023
Bitcoin’s price on November 24, 2023, reflects a steady rise in value, standing at $37,903. Over the past 24 hours, BTC has fluctuated between $36,972 and $38,078, with a trading volume of $17.41 billion, signaling strong market activity to end the week. The crypto asset’s market...
Bitcoin Price Prediction as Market Cap Surges to $730 Billion – Can BTC Maintain Its Upward Trajectory?
24.11.2023
As Bitcoin market capitalization reaches an impressive $730 billion, the cryptocurrency world turns its gaze towards the future, speculating whether BTC can sustain its current upward trajectory. The current live price of Bitcoin is $36,579, marking a 1.50% decline over the last 24 hours. Despite...
Today in Crypto: Binance Shows Greater Net Flows Resilience, Capital is Flowing Out of US into Asia, OKX Applies for Hong Kong VATP License
24.11.2023
Source: AdobeStock / Diego Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Market news Contrasting with the crisis experienced by exchanges like FTX, Binance has demonstrated greater resilience...
Australian Regulator Says Cryptos ‘Created Out of Nothing,’ Issues Fresh Warning, Report
24.11.2023
Source: Pixabay / Patty Jansen The Australian Securities and Investments Commission (ASIC) is reportedly ramping up its surveillance towards the crypto market introducing fresh warnings. The regulator on Friday issued warning on cryptocurrency investments criticizing the digital tokens as “created...
Dogecoin’s potential run to $0.1 amidst market challenges
24.11.2023
Dogecoin is seeing its native token, DOGE, dance around the trading value of $0.07754. That is an increase of 1.91% in the last 24 hours. Interestingly, this is a slip of 10.73% in the last 7 days. DOGE has not been at its best since denying the week’s high of approximately $0.086. However...