Ethereum has recently seen a 3% decline, bringing its value to $3,480. This slip is part of a broader trend observed by analysts at Wintermute, who described the cryptocurrency as being range-bound between $3,200 and $3,400. This price range has become crucial for traders utilizing the Iron Condor strategy in derivatives trading—a tactic that profits […]
Ethereum’s Market Dynamics and Emerging ETF Interest Read More »
Bitcoin experienced a notable drop on Friday morning, shedding about 3.5% of its value in the last 24 hours, bringing it down to approximately $64,700. This decline is part of a larger trend that has seen the cryptocurrency lose nearly 9% over the past two weeks, with fears of volatility intensifying. The recent downturn in
Bitcoin Dips Amid German Asset Dump Read More »
Hashdex, a prominent crypto-focused asset manager, announced on Wednesday a significant initiative to waive all fees for its Hashdex Nasdaq Crypto Index Europe (HASH) fund until it reaches $1 billion in net asset value. This bold strategy underscores Hashdex’s ambition to pioneer a unique joint Exchange Traded Fund (ETF) in the U.S., featuring both Bitcoin
Hashdex’s Bold Move to Boost Crypto ETF Appeal Read More »
In a bold move to expand its Bitcoin portfolio, MicroStrategy announced an increase in its offering of unsecured senior convertible notes from the initially planned $500 million to a whopping $700 million. This figure could further escalate to $786 million if initial purchasers exercise their option to buy additional notes. The announcement, made on Friday
MicroStrategy Upsizes Note Offering to $786 Million to Boost BTC Holdings Read More »
Despite recent market volatility and price dips, Bitcoin is on a trajectory to reach $200,000 within the next year, according to a new analysis by global investment firm AllianceBernstein. In a research note released Thursday, Bernstein identifies constrained Bitcoin supply and burgeoning demand from spot ETFs as key drivers behind this optimistic forecast. The firm’s
Bitcoin’s Bullish Future: Projected to Hit $200,000 Read More »
This week, the cryptocurrency market presented a mixed bag of results, marked by significant fluctuations in key digital currencies. Amidst this volatile landscape, Bitcoin faced a downturn, dropping 4.7% to close the week at $66,088. This decline came despite optimistic forecasts from AllianceBernstein, suggesting a potential rise to $200,000 next year for Bitcoin. Ethereum also
Cryptocurrency Rollercoaster: Highs and Lows Define the Week Read More »
Thailand is set to introduce its first spot Bitcoin exchange-traded fund (ETF), marking a significant step forward in the nation’s embrace of regulated Bitcoin investment vehicles. The Thai Securities and Exchange Commission (SEC) has approved asset manager One Asset Management (ONEAM) to launch the ONE Bitcoin ETF Fund, as reported by the Bangkok Post. This
Thailand Launches Its First Bitcoin ETF Read More »
In a significant shift in the cryptocurrency investment landscape, the United States Securities and Exchange Commission (SEC) has granted approval for spot Ethereum exchange-traded funds (ETFs), marking a pivotal moment months after initially greenlighting Bitcoin ETFs. This historic decision came on May 23, after a long period of minimal engagement with the applicants, signaling a
Historic Green Light for Ethereum ETFs Read More »
Bitcoin (BTC) $ 113,268.00 1.92%
Ethereum (ETH) $ 4,173.91 2.97%
XRP (XRP) $ 2.87 4.74%
Tether (USDT) $ 1.00 0.02%
BNB (BNB) $ 828.21 2.01%
Solana (SOL) $ 180.42 1.21%
USDC (USDC) $ 0.999863 0%
Lido Staked Ether (STETH) $ 4,165.37 2.96%
TRON (TRX) $ 0.350157 0.57%
Dogecoin (DOGE) $ 0.212409 3.65%