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This Is Why Bitwise Withdrew BTC Futures ETF


The crypto index fund provider Bitwise Asset Management says it has withdrawn its application for a bitcoin (BTC) futures-backed exchange-traded fund (ETF) in the US, and will instead focus its efforts on getting a spot-based ETF across the finish line. According to Bitwise’s chief investment...

Bitcoin and Ethereum Correct, Altcoins Follow


Bitcoin price failed to stay above the USD 66,500 support level. BTC extended decline below the USD 65,500 support level and is currently (04:20 UTC) trading below USD 65,000. There is a risk of a move towards USD 63,200. Besides, most major altcoins are also moving lower. ETH started a downside...

Bitcoin (BTC): the Crypto King Is Still Giving Higher Returns!


BTC is a flagship product in the crypto industry and the first to make an everlasting impact despite its energy consumption becoming larger than countries. BTC’s adoption and acceptance by a large number of merchants have helped develop a strong ecosystem. Furthermore, the energy consumption...

Bitcoin Rally Healthy, Less Leverage Than in the Past, Say On-Chain Analysts


The current bitcoin (BTC) rally looks healthy, with less leverage than on previous occasions, and strong support in the USD 50,000 to USD 60,000 range, on-chain analysis suggests. Although the current crypto market rally - which has now pushed bitcoin above the USD 68,000 mark and ethereum (ETH)...

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