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Chainlink Price Prediction as Rally Extends to 22-Month High – Can LINK Reach $100?
6.2.2024
The Chainlink price has dropped by 1.5% in the past 24 hours, sinking to $19.01 on a day when the cryptocurrency market as a whole has made a very modest 0.3% gain. Yet LINK has been on a role as of late, with the altcoin sitting on a 26% increase in a week and a […]
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Will the Tokenization of Debt Trend Gain Momentum in 2024?
6.2.2024
The tokenization trend continues to gain momentum in 2024 with the primary focus being on digital assets and payment systems. The tokenization of debt, derivatives, and structured products requires converting these instruments into digital tokens on the blockchain or distributed ledgers and remains...
JPMorgan Warns of Increased Risk for Crypto Market Due to Tether’s ‘Lack of Regulatory Compliance and Transparency’
6.2.2024
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers that have been more compliant with existing regulations...
Nigeria Forex Crisis: Central Bank Removes Cap on Exchange Rate for International Money Transfer Operators
4.2.2024
The Central Bank of Nigeria announced on Jan. 31 that it had removed caps on naira payout rates that international money transfer operators are allowed to quote. The central bank said the policy change is an effort aimed at further liberalizing the foreign exchange market. The naira’s Feb.1...
Grayscale’s Bitcoin Trust Sees Reduction Slowdown as New ETFs Gain Ground With Over 160,000 BTC Acquired
31.1.2024
In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an estimated $5.33...
CME Group Bitcoin Futures’ Open Interest Slides 24% as Spot ETFs Gain Traction
31.1.2024
The launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States has impacted investor demand for Bitcoin futures, leading to a decline in open interest. Data compiled by Bloomberg reveals that open interest in CME Group Bitcoin futures contracts dropped by approximately...
Is It Too Late to Buy Render? RNDR Price Blasts Up as Innovative Meme Coin Raises $7.7Million
31.1.2024
The RNDR price has risen by 3.5% today, pushing to $4.60 as the cryptocurrency market suffers a 1% dip in the past 24 hours. This movement means that RNDR has gained by 21% in a week and by 2% in a month, with the altcoin also sitting on a very healthy 275% gain in a […]
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Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market
30.1.2024
Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF Fee Slashed in Response to Intense Market...
Bitcoin Heads Towards Fifth Consecutive Monthly Gain, Longest Winning Streak Since Pandemic
30.1.2024
Bitcoin is poised to achieve its fifth consecutive monthly gain, marking its longest winning streak since the pandemic-induced rally fueled by accommodative monetary policies. In January, Bitcoin (BTC) experienced notable price swings, driven by the introduction of the first US spot Bitcoin...
Bitcoin Technical Analysis: BTC Reclaims $41K Mark Following Short-Term Consolidation
26.1.2024
At present, the price of bitcoin is $41,106, marking a significant climb from its 24-hour low of $39,538 and peaking at $41,474. This upward movement signifies a 3% gain within the last day, reflecting a surge of optimistic sentiment among investors in the short term. Yet, when expanding the view...
TUCKER Token Pumps Up 217x in 24 Hours and This Other Crypto is About to Explode
25.1.2024
In a stunning come-back move in the Solana meme coin markets, TUCKER token has pumped up 217x in less than 24 hours. Here’s what TUCKER price analysis reveals about what is coming next… This recent move comes as TUCKER token posted a sensational pump on January 8, in a major move that...
Bitcoin ETFs Gain Momentum in Asia Post U.S. Approval
23.1.2024
As the first Bitcoin spot price exchange-traded funds receive historic approval in the United States, Asian industry leaders, particularly in Hong Kong, are actively exploring similar crypto products. BitGo’s APAC Director Abel Seow told Cryptonews that they are witnessing an increased interest...
Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy
22.1.2024
Based on the recent report from Arkham Intelligence, the launch of the satoshivm (SAVM) token two days ago saw three adept crypto traders, often referred to as ‘snipers,’ each earning a profit of $1 million. Arkham’s findings revealed that the most proficient of these sniping...
US Senators Introduce Bill ‘to Combat Illicit Use of Crypto Assets’ Through Public-Private Partnership
20.1.2024
U.S. lawmakers have introduced a bill “to combat the illicit use of crypto assets.” The Preventing Illicit Finance Through Partnership Act “will allow federal regulators to work with the private sector to gain insight into the often-misunderstood world of crypto to weed out...
Crypto Exchange OKX Upgrades McLaren Branding to Widen Reach
18.1.2024
Digital asset exchange, OKX has increased its level of partnership with McLaren’s Formula 1 team citing more adoption and visibility. In a recent post on its website, the company announced the updated agreement of its partnership with McLaren F1 2024 branding with the desire to gain more...
Solana Price Prediction as Franklin Templeton with $1.5 Trillion AUM Indicates Interest in Solana – $1,000 SOL Incoming?
18.1.2024
The Solana price has dropped by 3% today, slipping to $98.76 as the cryptocurrency market as a whole suffers a 1% loss. But while SOL is also down by 5% in a week, it remains up by a very healthy 32% in the last 30 days, not to mention its 340% gain in the past […]
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Best Crypto to Buy Today January 17 – Bittensor, BEAM, Chiliz
17.1.2024
With the TAO price up amidst Bittensor’s development spike, BEAM’s anniversary rally, and CHZ’s 38.78% gain for the past week, all three projects make their case for the best crypto to buy today–alongside crypto presales like Bitcoin Minetrix and Sponge V2 Token, which...
Solana Price Prediction as Popular YouTuber says SOL Will Reach $750 Before 2025
16.1.2024
The Solana price has gained by 1.5% today, rising to $96.64 as the crypto market as a whole sees a 0.5% increase in the past 24 hours. Despite this, SOL remains down by 5% in a week and by 17% in a fortnight, although the altcoin continues to sit on a very healthy 32% gain […]
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Is It Too Late to Buy Ethereum Name Service? ENS Price Doubles as New Bitcoin Mining Protocol Goes Viral
15.1.2024
As decentralized naming systems gain traction, Ethereum Name Service has seen ENS price double, leaving some FOMO investors asking is it too late to buy Ethereum name service – find out in ENS price analysis. The bullish moves come after Ethereum founder Vitalik Buterin commented that ENS...
Bonk Price Prediction As Renewed Buying Interest Develops into Bullish Pattern – Is $0.00002 the Next Target?
15.1.2024
The Bonk price has fallen by 5% today, dropping to $0.00001401 as the cryptocurrency market as a whole loses 0.5% in the past 24 hours. Yet BONK remains up by an impressive 40% in the past week, with the meme token witnessing a 0.7% gain in the past hour alone, as it begins to recover....