According to Bitcoin expert Willy Woo’s confident prediction, Bitcoin is expected to surpass the total value of the gold market once Exchange-Traded Funds (ETFs) have fully played their role. Based on Woo’s perspective, Bitcoin ETFs that have recently been introduced could lead to price estimations of $91,000 at the market’s lowest point and an astounding … Read more
The collaborative infrastructure developed by both teams can be utilized for creating and trading NFTs, as well as facilitating value transfers between different blockchains. Additionally, this infrastructure allows users to engage with various gaming features and designs. Oasys teams up with LayerZero’s omnichain ecosystem Based on the announcement from both teams, Oasys, which is the … Read more
Over a turbulent weekend, Solana’s price tried to bounce back from its support at $120 on Monday but fell short of breaking through the $150 barrier. Investors endured significant losses during this time as cryptocurrency markets saw widespread liquidations, with those heavily invested in crypto feeling the most impact from the escalating conflict in West … Read more
The market is facing a bounce back, according to CoinStats. BTC/USD The rate of Bitcoin (BTC) has risen by 0.51% since yesterday. On the daily chart, Bitcoin’s small increase today hasn’t significantly altered its technical stance. The current price remains some distance from significant support and resistance levels, indicating a lack of urgency among both … Read more
Valr, a cryptocurrency exchange based in South Africa, has received both Category I and II licenses from the Financial Sector Conduct Authority (FSCA). This means that Valr now holds permissions to conduct various financial activities, including operating as an authorized financial services provider and providing intermediary services for crypto assets. This approval represents a significant … Read more
Ethena, the protocol of the stablecoin USDe, has introduced a new level of transparency. All integrated depositaries are now supplying attestation reports. These reports confirm that the assets underpinning USDe are stored in a non-exchange setting. Those measures come in institutional-grade custodial solutions. Starting with immediate effect, these reports will be posted on the Ethena … Read more
Based on a chart given by Eric Balchunas, Bloomberg’s senior ETF expert, the BlackRock iShares Bitcoin ETF (IBIT) has experienced 64 straight days of investors adding funds to it. Fidelity’s record of bringing in new investments came to a halt after 63 consecutive days on Friday, with no inflows recorded. IBIT, on the other hand, … Read more
In Germany, Austria, and Switzerland (DACH region), there’s a cautious revival among cryptocurrency investors following the volatile market of 2023. This resurgence is characterized by increased caution and careful consideration. A survey conducted by KPMG with around 2,400 private cryptocurrency investors revealed that the market is bouncing back, but with a more defined course this … Read more
The price of Ondo Finance’s token ONDO has experienced a significant surge, rising by more than 90% in the last month. Amidst the crypto market downturn, ONDO is one of the rare coins that have bucked the trend and shown exceptional gains. With Bitcoin‘s halving scheduled for April 20, investors are actively seeking alternatives to … Read more
Recently, there’s been a notable increase in large investments into Cardano (ADA), as indicated by the inflow of funds into the wallets of major investors, or “whales.” This trend signifies an important milestone for Cardano as it aims to keep its place among the top 10 cryptocurrencies based on market capitalization. Based on IntoTheBlock’s figures, … Read more