Mike Novogratz, CEO of Galaxy Digital, expresses optimism that the US Federal Reserve will lower interest rates, despite his own belief that there isn’t a compelling reason for this decision, based on his latest post on X social media platform. Novogratz thinks that similar large-scale financial circumstances would favor Bitcoin and precious metals. He expressed … Read more
On Monday, Bitcoin, the most significant cryptocurrency globally, surged towards a new record high of $72,000, making a bold attempt before the upcoming Bitcoin halving event. In contrast, however, the Bitcoin ETF market displayed a downward trend with withdrawals totaling approximately $200 million. Bitcoin ETH Flows Turn Negative Last week, Bitcoin ETFs attracted approximately $485 … Read more
The prices of leading cryptocurrencies surged further as Bitcoin (BTC) continued to hold above $71,000. At the same time, Ethereum (ETH) came closer to hitting $3,700. Furthermore, XRP, Cardano (ADA), Solana (SOL), and other significant altcoins experienced an increase in worth. Major Crypto Prices Today The price of Bitcoin rose by 2.67 percent and hit … Read more
Recently, Shiba Inu, often referred to as Dogecoin‘s rival, experienced a remarkable price increase in the last 24 hours. This growth coincided with a massive 1300% jump in the SHIB token burn rate. This development attracted considerable investor interest since Shiba Inu had seen significant drops in its price, reaching a low of $0.000024 over … Read more
In a recent blog post, Arthur Hayes, CEO of BitMEX, expressed his views on the economy, quantitative tightening, and Bitcoin‘s price behavior near the Bitcoin halving event. On April 8, BTC experienced an unexpected surge to hit $72,000 and has since shown resilience. The crucial issue is whether Bitcoin can sustain its price around the … Read more
Individuals familiar with DeSci, also known as Decentralized Finance Science, would be eager to discover leading platforms and cryptocurrencies within this domain. In our selection process, we carefully chose top DeSci projects with proven track records and significant value in the marketplace. We then arranged these projects according to their current market capitalization. Read More … Read more
The Bitcoin Open Interest has reached an unprecedented peak, according to the data, coinciding with the cryptocurrency’s price soaring beyond $72,000. Bitcoin Open Interest Has Shot Up Recently Maartunn, the community manager for CryptoQuant in the Netherlands, recently shared on platform X that the current number of open Bitcoin derivative contracts across all exchanges has … Read more
The SEC’s decision to prohibit Binance from operating in the Philippines has left Filipino users concerned about the fate of their crypto investments. In a recent interview, attorney Paolo Ong explained the reasoning behind the ban and its implications for Binance‘s user base. Binance Is Not Being “Singled Out” Paolo Ong, head of the SEC’s … Read more
To date in this year, the total inflow of funds into global cryptocurrency investment vehicles has hit an all-time high of approximately $13.8 billion, according to Coinshares’ data. Reaching this milestone signifies a significant surge in investor involvement in the cryptocurrency sector, indicating a rising belief and enthusiasm among investors that digital assets are a … Read more
The US Securities and Exchange Commission (SEC) has postponed making a choice on the New York Stock Exchange’s plan to allow trading of Bitcoin spot ETF options. This action could significantly alter the approaches used in Bitcoin trading for investments like the Bitwise Bitcoin ETF, Grayscale Bitcoin Trust, and any other NYSE-listed trusts containing Bitcoin. … Read more