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Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
28.5.2024
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks....
Ethereum price in ‘bull market’ after spot ETH ETF approvals greenlight rally toward $4K
27.5.2024
With the spot ETH ETFs approved, traders are confident that Ethereum price is ready to rally well above $4,000
Spot Ether ETFs are now officially legal in the US: Law Decoded
27.5.2024
Spot Ether ETFs might be weeks or months away from debuting on exchanges, as the ETF filers have yet to receive their S-1 SEC registration
Bitcoin Breaks $70K Barrier, Leading to $27.75M in Liquidations
27.5.2024
The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar Liquidations Bitcoin (BTC) is up 2.1% today and...
Week of Wins in Crypto: PEPE Skyrockets 78%, Ethereum Up 27%
27.5.2024
The crypto economy has had a decent week filled with gains as bitcoin rose 2.8% and ethereum jumped by 27% this past week. The week’s biggest leader, however, was pepe (PEPE) which rose 78.5% over the seven-day run. Broad Crypto Market Gains Nearly two dozen crypto assets witnessed...
Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge
27.5.2024
After a 100% plunge in the price of $NORMIE following a smart contract exploit, the Normie memecoin team mulls negotiating with the accused hacker to recover 90% of the stolen funds.
The post Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge appeared first on Cryptonews
The royal entry of BlackRock into the RWA market
27.5.2024
The thrilling game started with BlackRock’s investment in Ondo Finance, a decentralized investment mechanism. BlackRock will invest millions of dollars into Real World Assets and cryptocurrency projects. The entry of BlackRock into the RWA market will shake the global cryptocurrency industry. ...
Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally?
27.5.2024
As President Biden nears a decision on SEC crypto regulations, Bitcoin's cautious market response sees a minor drop to $68,400.
The post Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally? appeared first on Cryptonews
Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K
27.5.2024
As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to $69,340 with a 24-hour trade volume of $10.74 billion. Bitcoin The short-term analysis based on BTC’s 1-hour chart...
What comes after spot Ether ETF approvals? Execs weigh in
27.5.2024
Consensys director of global regulatory matters Bill Hughes interpreted the approval as an admission that Ether is a commodity
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
26.5.2024
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities. Study Shows Hedge Funds’...
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
26.5.2024
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital’s FDUSD experienced...
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
26.5.2024
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anticipated ‘altcoin season’ has...
Bitcoin Price Prediction as Crypto Exchanges Announce 1,200 Job Openings – Will BTC Pump Higher?
26.5.2024
Over 1,200 job openings announced by leading crypto exchanges like Binance and Coinbase hint at a potential Bitcoin price pump amidst market growth.
The post Bitcoin Price Prediction as Crypto Exchanges Announce 1,200 Job Openings – Will BTC Pump Higher? appeared first on Cryptonews
Ethereum Dominates NFT Sales Despite Overall Market Drop
25.5.2024
Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%, Ethereum and Bitcoin Lead in Sales NFT sales...
Blockchain Data: Bitcoin Whale Activity Surging, Confidence in Bull Market Returning
25.5.2024
Bitcoin whales have shown an increased appetite for accumulating more coins, signaling a return of confidence in the bull market, as per blockchain data.
The post Blockchain Data: Bitcoin Whale Activity Surging, Confidence in Bull Market Returning appeared first on Cryptonews
Decoding FDV: The Importance of Fully Diluted Valuation in Crypto Investments
25.5.2024
In a market where substantial portions of tokens are often locked up, understanding Fully Diluted Valuation (FDV) has become essential for investors looking to better evaluate the current value of cryptocurrency projects, as well as better predict the long-term value and risks associated with them....
The Unintended Consequences of FIT21’s Crypto Market Structure Bill
24.5.2024
Ethereum’s Subdued Market Performance Follows US Approval of Spot ETFs
24.5.2024
Following the approval of several spot ethereum exchange-traded funds (ETFs) in the U.S., ether’s price has been rather subdued, ranging between $3,640 to $3,740 over the last 12 hours. There’s wasn’t really any substantial upticks other than when the rumors of the approval...
Ether and Uniswap Advance on Regulatory Actions: CoinDesk Indices Market Update
24.5.2024
Bitcoin relinquished early gains above $70,000 to close the week only marginally higher