Search
XRP Price Prediction as Two-Week High Nears $0.53: Are Bulls Gearing Up for a Run?
24.10.2023
XRP (XRP), the cryptocurrency that powers the XRP Ledger first launched by US fintech company Ripple back in 2011, has been pumping this week in tandem with a Bitcoin-led broader rise in the crypto market.
XRP was last trading at its highest level in over two months just above $0.57, up close...
Tether's USDT Stablecoin Supply Crosses $84 Billion Mark Amid Market Rally
24.10.2023
Tether’s stablecoin USDT reached a milestone on October 21 by surpassing the $84 billion supply mark. Data from Messari indicates a week-on-week increase of about $1 billion, coinciding with the current market rally--spurred by optimistic sentiment over the possible approval of a Bitcoin spot...
Cathie Wood's ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Rallies
24.10.2023
Bitcoin's momentum is attributed to anticipation of the U.S. Securities and Exchange Commission (SEC) finally approving a spot bitcoin ETF
Hong Kong CSOP Bitcoin Futures ETF Marks Record Trading Volume and Net Inflow Amid Recent Rally
24.10.2023
Hong Kong's CSOP Bitcoin Futures ETF has experienced a surge in trading volume and net inflow amidst the recent Bitcoin (BTC) rally.
On October 24, the ETF recorded a trading volume of HK$175.87 million, accompanied by net inflows of HK$138 million, marking the highest trading volume and...
Centralized Exchanges Record Net Outflows as Bitcoin Price Inches Near $35,000
24.10.2023
The surge in the price of Bitcoin (BTC) has led to a change in investors' sentiment towards the market sparking different calls from market players not recorded in months.
Data from on-chain analytics firm CoinGlass show high net outflows from centralized digital asset exchanges as the price...
Bitcoin, Ethereum Technical Analysis: BTC Explodes Above $35,000 as ETF Speculation Intensifies
24.10.2023
Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from Blackrock. Ethereum also rose, climbing above $1,800....
First Mover Americas: Bitcoin at $34.5K on ETF Excitement
24.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Cathie Wood’s ARK sells Grayscale Bitcoin Trust shares as BTC hits $34K
24.10.2023
The Grayscale Bitcoin Trust is the largest asset held by the ARK Next Generation Internet ETF, accounting for more than 10% of its portfolio
Bitcoin Soars as Blackrock Moves Closer to Launching Spot Bitcoin ETF
24.10.2023
Blackrock is moving forward with the process of bringing its spot bitcoin exchange-traded fund (ETF) to market. The world’s largest asset manager has secured a ticker symbol and a CUSIP number for its forthcoming spot bitcoin ETF, which is now listed on the Depository Trust and Clearing...
Institutions Race for Bitcoin, Sending CME Open Interest to Record High
24.10.2023
Institutional investors are chomping at the bit to buy bitcoin amid renewed optimism of a spot exchange-traded fund (ETF) being approved
Spot Bitcoin ETF Hype Rally Weekly Inflows To $66 Million, Investors Remain Bullish on Solana: Report
24.10.2023
Digital asset investment products notched a fourth week of consecutive inflow with Bitcoin (BTC) recording $55.3million as investors hovered around a spot BTC ETF approval in the United States.
A new CoinShares weekly market report shows a renewed interest in digital asset products, a decrease...
Bitcoin ETF hype fails to shake bearish $20K BTC price targets
24.10.2023
Bitcoin may have hit 17-month highs, but the ETF launch could end up a "sell the news event" and engender fresh BTC price downside, one theory argues
Matrixport Doubles Down on $45,000 Bitcoin Prediction as FOMO Grips Crypto Market
24.10.2023
Crypto financial services company Matrixport has doubled down on its earlier prediction that Bitcoin's price could reach $45,000 by the end of the year as the FOMO sentiment grips Bitcoin market.
This forecast comes as Bitcoin's market share has surged to 52.1%, and its trading volume has seen...
Bitcoin in ‘Anti-Gravity’ Phase as ETF Approval Nears Finish Line
24.10.2023
As bitcoin pushes 12% during Asia trading, there are parallels to the first Gold ETF and beyond, say, industry stakeholders and analysts
Cathie Wood's Ark Invest Offloads Coinbase and Grayscale Bitcoin Trust, Buys Robinhood Stocks Amidst Crypto Surge
24.10.2023
Cathie Wood-led Ark Invest offloaded 42,613 shares of US-based crypto exchange Coinbase through ARK Next Generation Internet ETF and ARK Fintech Innovation ETF as the price of Bitcoin closed in on $35,000 on Monday.
Coinbase’s shares that Ark Invest sold were valued at around $3.3 million with...
On the Road to Yuan Internalization: Petrochina Completes First Digital Yuan Settlement
24.10.2023
Petrochina, the largest Asian oil and gas producer, has completed a settlement using the Chinese central bank digital currency (CBDC), the digital yuan. The operation, which involved a purchase of 1 million crude barrels through the Shanghai Oil and Gas Trading Center platform, marks the first time...
Crypto products see 4th week of inflows amid race for Bitcoin ETFs: CoinShares
24.10.2023
Bitcoin products took the largest share of inflows, netting 84% of incoming funds, according to CoinShares’ weekly fund flows report
Singapore Firm Strikes Cross-border Digital Yuan Deal with Chinese Bank
24.10.2023
A Singaporean payments firm has sealed a “cross-border” digital yuan cooperation deal with a major Chinese bank, in another breakthrough for the CBDC.
Per the Shanghai Securities News, the deal was concluded by Thunes, a global payment infrastructure provider, and the China Construction Bank...
Bitcoin Prices Climb Over 10% After Federal Court Forces SEC To Reconsider Grayscale ETF Conversion
24.10.2023
Bitcoin prices rose more than 10% today after a federal appeals court forced the U.S. Securities and Exchange Commission to reevaluate its prior decision to reject Grayscale's attempt to convert its bitcoin trust to a spot exchange-traded fund (ETF).
The world's most prominent digital currency...
A Wild Few Minutes Drives Bitcoin Above $35,000 as ETF Excitement Starts to Thaw the Crypto Winter
24.10.2023
BTC's price hasn't seen these lofty levels since May 2022, when the cryptocurrency industry was just starting to get pummeled by scandals