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Bitcoin set for worst week as JP Morgan predicts further fall in price as ETF demand falls
22.3.2024
Bitcoin has retraced over 10% of it’s all-time high on March 14. This has direct consequences, as the appetite for spot Bitcoin exchange-traded funds (ETF) has gone down. JP Morgan Chase and Co. analysts have also warned that the retreat might continue to fall with a phenomenal price decline...
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
Fantom breaches $1 milestone, Poised for further growth
20.3.2024
FTM, Fantom’s native cryptocurrency, was briefly above the milestone of $1. It was seen exchanging hands at $1.04. While the token has retraced to ~$0.9, there is a possibility that it could rise as high as $1.25 or $1.68 by the end of 2024. The recent high comes against a rounding bottom...
Democratic Senators Urge SEC Chair Gensler Against Crypto ETF Approvals, Cite “Significant” Risks
15.3.2024
Democratic Senators Laphonza Butler (D-CA) and Jack Reed (D-RI) are pushing United States Securities and Exchange Commission (SEC) Chair Gary Gensler to “strictly limit” the approval of crypto-based ETFs. The senators claim that further approval of crypto ETFs in the U.S. could pose "significant"...
Binance Coin (BNB) nearing all-time high at $444 fuels Raffle Coin (RAFF) surge: Uniswap (UNI) & Ripple (XRP) investors further propel demand
11.3.2024
2024 may be a year for records, as many altcoins smash milestones in the first three months. Bitcoin has notably surpassed its all-time high, and experts say that Binance Coin may do the same soon. The demand for Raffle Coin (RAFF) is palpable. It is strange to see a presale jump over Binance Coin...
This New $5M Fund Aims to Scale Bitcoin-Aligned Projects in India – Here’s the Latest
11.3.2024
Core Foundation's $5 million fund aims to further India’s decentralized application ecosystem on Core Chain.
The post This New $5M Fund Aims to Scale Bitcoin-Aligned Projects in India – Here’s the Latest appeared first on Cryptonews
Smog Price Prediction Parabolic After 70% Gains, Next New Binance Listing?
8.3.2024
Traders are wondering if this Solana meme coin could follow in the footsteps of DogWifHat after a significant 70% price increase. As SMOG’s price analysis indicates buying opportunities still exist, speculation is rife that a potential Binance listing could catalyze further gains. This...
Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment
7.3.2024
In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million. Canadian Fintech Mogo Dives Deeper Into Bitcoin...
No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief
7.3.2024
No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5.
The post No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief appeared first on Cryptonews
Bitcoin eyes 70k milestone; Analysts anticipate a further rise
5.3.2024
Bitcoin (BTC) is moving on the charts with neutral sentiments on its side. Analysts expect a further rise followed by a slight correction post-ATH achievement. The token is currently dancing around $67,000. It did surpass $68,000 for a few moments before retracing back to its recent origins....
Deribit's Bitcoin Volatility Index Signals Price Turbulence, Hits 16-Month High
5.3.2024
The surging implied volatility has boosted the allure of "call overwriting" strategies that allow investors to generate additional yield on top of their spot market holdings
Meme Coin Rally Sees PEPE Price Jump 180% in 7 Days as Another Coin Prepares for Massive Airdrop
29.2.2024
Top meme coin performer of 2023, Pepe, has seen a huge 180% rally this week, spurring even further interest in meme coins across the board. This article will provide an analysis of PEPE’s current price trends and look to see whether a newer meme coin, SMOG, represents a more promising investment...
John Paller, Founder of ETHDenver, on Present State of ETH, and Future of DeFi, DAOs, and NFTs
27.2.2024
Cryptonews Podcast host Matt Zahab sat down once again with US-based blockchain entrepreneur and Founder of ETHDenver John Paller for another exciting interview. The two talked about ETHDenver setting the main themes for the year and what we may see in 2024. The founder further explained...
MicroStrategy’s Michael Saylor Purchases a Further 3,000 Bitcoin for $155 Million
26.2.2024
Billionaire Michael Saylor and his company, MicroStrategy, continue investing heavily in Bitcoin, adding another 3,000 coins for $155 million. As economic conditions continue to evolve, what does this mean for the future of Bitcoin and overall crypto markets?
The post MicroStrategy’s Michael...
Crypto Cashback Programs Mature to Drive Accessibility and Financial Inclusion
23.2.2024
A recent report published by Bitcoin financial services provider Unchained found that 55% of 400 U.S. investors surveyed own Bitcoin. Findings further note that 34% of those surveyed think Bitcoin will be the best-performing asset in 2024 in comparison to gold, the S&P 500,...
Bitcoin Price to Hit $100k by June 2024, Predicts Rich Dad Poor Dad Author
19.2.2024
Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position...
Bitcoin Price Prediction: Surges Past $50,000, ETF Approval Spurs Market Optimism
13.2.2024
Bitcoin’s price prediction buzz intensifies as it surges past the $50,150 mark, posting a significant 4% increase. This milestone, a peak not witnessed in over two years, signals renewed investor confidence catalyzed by recent regulatory advancements and anticipation of further interest rate...
Nigeria Faces Pressure to Tighten Crypto Regulations for Financial Crime Prevention
12.2.2024
Nigeria faces calls to go further in its efforts to clarify crypto regulation after a blockchain firm successfully finished training its fifth cohort of crypto compliance specialists last weekend. Blockchain intelligence service provider A&D Forensics teaches a course on curbing financial...
Bitcoin Price’s Potential Surge to $112K Fueled by ETF Inflows: CryptoQuant
12.2.2024
Bitcoin price could reach a new all-time high of $112,000 under the influence of significant inflows into spot Bitcoin exchange-traded funds (ETFs). According to a recent report by CryptoQuant, the potential peak of $112,000 for Bitcoin’s price hinges on continued buying pressure from...
Ripple-Owned Metaco Loses its CEO and Chief Product Officer: Report
12.2.2024
Swiss cryptocurrency custody firm Metaco’s CEO Adrien Treccani and chief product officer Peter DeMeo have left the company, according to a CoinDesk report. In the meantime, no acting CEO has been named. During press time a Metaco spokesperson was unavailable to comment further on the report. Ripple...