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Is Injective on the Verge of a Downturn? INJ Price Dips as Anticipated Meme Coin SPONGE Sets Stage for Launch
20.2.2024
Leading AI-powered DEX project Injective Protocol has seen resistance trigger a downtick in price. This article will provide an analysis of INJ’s current price trends and look to see whether a newer meme coin, SPONGE, represents a more promising investment opportunity at this time. Injective...
Bitcoin Price Below $80,000 At Halving Could Trigger Miner Losses – Fidelity
16.2.2024
Fidelity Digital Assets speculates losses for some miners if the Bitcoin price remains under $80,000 after the upcoming halving in April. The company released its 2024 market outlook, highlighting the growth recorded so far in Bitcoin, the state of miners, and possible perspectives for the near...
Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges
6.2.2024
Bitcoin miners reportedly sell their asset reserves or leverage them to upgrade their capacity as inflows to cryptocurrency exchanges continue. A new report from Bitfinex Alpha Market shows Bitcoin ETF approvals by the United States Securities and Exchange Commission (SEC) impacted miners’...
Shiba Inu Price Prediction as Shibarium Upgrades Trigger 4,240% Burn Rate Surge – A New Era for SHIB?
26.1.2024
The Shiba Inu price has remained static in the past 24 hours, holding to $0.000008872 as the cryptocurrency market as a whole gains by a very slight 0.3% today. This movement means that SHIB has fallen by 4% in a week and by 16% in the last 30 days, with the popular meme token also […]
The...
GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’
13.1.2024
Last week, the U.S. Securities and Exchange Commission (SEC) greenlit the debut of 11 diverse spot bitcoin exchange-traded funds (ETFs), which, in their initial two days on the market, experienced a substantial $7.65 billion in trading volume. Concurrently, while a host of new entrants enjoyed...
Spot Bitcoin ETF Approval Will Trigger 'Selling Pressure' on CME Futures Market: K33
9.1.2024
Bitcoin futures' open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculating on a spot bitcoin ETF approval
Experts Weigh in on Bitcoin ETF Approval As Sell-the-News Event
5.1.2024
As the SEC’s decision on bitcoin ETFs looms, market participants prepare for market impact. Analysts reflect on the possibility of a “buy the rumor, sell the news” situation. A Bitcoin ETF Approval Could Trigger Major Market Movements With the cryptocurrency community eagerly...
Best Crypto to Buy Today December 29 – Kaspa, Bonk, Sei
29.12.2023
Cryptocurrency markets are unsurprisingly choppy on the final Friday of 2024, as massive option expiries trigger waves of unpredictable buy and sell pressure as market players hedge themselves and reposition ahead of the new year. Bitcoin options worth around $11 billion expired today, as per data...
CryptoQuant Report: ETF Approval Could Lead to “Sell the News” Price Action for Bitcoin
29.12.2023
Source: Adobe / Anna Coco The expected approval of a spot Bitcoin exchange-traded fund (ETF) in January might not translate into a price surge for the cryptocurrency, according to a note by blockchain data firm CryptoQuant. The note, which was shared with CoinDesk, suggested that the approval...
Low Exchange Supply Could Trigger a Bitcoin Bull Run; Cardano (ADA) and RebelSatoshi (RBLZ) Await Impressive Returns
29.12.2023
In the constantly evolving world of cryptocurrency, the buzz is all about the potential for a Bitcoin bull run, fueled by a low exchange supply. This anticipated surge is not just good news for Bitcoin enthusiasts but also for altcoin investors, particularly those eyeing Cardano (ADA) and...
Cardano Price Prediction as Bulls Trigger a Massive Upswing – Can ADA Reach New Highs?
20.12.2023
Source: Dall•E 3 The Cardano price has dipped by 1% in the past 24 hours, following the altcoin’s strong recovery from a seven-day low of $0.551437 on Monday. ADA has risen by 7% compared to this low, while the token is up by 4% in a week and by 48% in the last 30 days, […]
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Digital Ruble Will Spark Russia’s ‘Biggest Monetary Reforms Since the 1990s’
4.12.2023
Source: Larisa/Adobe The launch of the Russian digital ruble will trigger the nation’s “largest monetary reforms since the 1990s,” a media report has claimed. Per ProGorod, Russia’s CBDC project will be the biggest transformative event in the nation’s economic history since the collapse of...
Spot Bitcoin ETF Could Attract $3B on First Day and Up To $55B Over Five Years: Analysts
31.10.2023
Investors have been eagerly anticipating regulatory approval for a spot Bitcoin ETF, which is expected to trigger a fresh wave of institutional demand in the leading cryptocurrency. While estimating the potential cash inflow for such a fund remains a subject of debate among market players...
Is It Too Late to Buy Solana? SOL Price Gains 38% as New Crypto Casino Project Makes Waves in the Community
26.10.2023
Solana is on the climb as crypto markets flip bullish, but as SOL sits atop a 38% price gain, could Bitcoin retracement trigger downside? Or, is Solana set to breakout? Price action is in an ongoing battle to secure a foothold at freshly reclaimed support around $32.25, yet, this comes as...
'This is the trigger' — Arthur Hayes says it's time to bet on Bitcoin
25.10.2023
Bitcoin faces a watershed moment thanks to an inflammatory cocktail of inflation spurred by war — and a $1 million BTC price is still possible, the former BitMEX CEO says
Bitcoin Spot ETF Approval Likely to Trigger Buying Rally: EY Executive
23.10.2023
The surge in demand for Bitcoin among institutional investors is set to hit new heights, particularly if a spot Bitcoin exchange-traded fund (ETF) is approved in the coming months, according to an Ernst & Young executive.
In a CNBC’s StreetSigns special appearance, Ernst & Young executive Paul...
Bitcoin ETF to trigger massive demand from institutions, EY says
23.10.2023
Bitcoin is facing a lot of pent-up demand from institutions amid investors closely monitoring spot Bitcoin ETF news, Ernst & Young's global blockchain leader Paul Brody says
Economists Warn Direct Iran-Israel War Could Trigger Global Recession
20.10.2023
Bloomberg’s economists have warned that a direct war between Iran and Israel could trigger a global recession. “Soaring oil prices and plunging risk assets would deal a substantial blow to growth, and take inflation a notch higher,” they said. “The wider the conflict spreads, the more...
Crypto for Advisors: What Will Trigger Crypto Mass Adoption?
19.10.2023
Andy Baehr, head of CoinDesk Indices discusses scenarios that could be the drivers of mass adoption in crypto
Evergrande’s Economic Tremors Trigger Bank Run in Northern China
17.10.2023
Several reports say that the major Chinese real estate developer Evergrande’s downfall triggered a bank run in northern China last week. The bank run began after rumors spread that the financial institution, Bank of Cangzhou, allegedly loaned billions to the struggling company. This...