Analysts at AllianceBernstein believe that BlackRock's entry into the cryptocurrency market, through its tokenized fund running on Ethereum, brings legitimacy to Ethereum and could encourage other institutional customers to adopt on-chain funds. BlackRock is also seeking approval for a spot Ethereum ETF, following the success of its spot Bitcoin ETF launch earlier this year.
The price of AVAX has increased by 8.15% in the past week, with 75% of holders now seeing profits, indicating potential further growth for Avalanche, especially as bullish trends signaled by the Ichimoku cloud lines are drawing a positive scenario.
Sam Bankman-Fried, the disgraced FTX founder, awaits the ruling from a Manhattan judge on how many years he will spend in prison for his criminal charges, while crypto gamblers place bets on the outcome, with the highest probability being a sentence of 20-to-30 years.
An early Bitcoin investor is suing in an attempt to recover a hard drive containing $560 million worth of Bitcoin that he accidentally threw away a decade ago, but the landfill where it is believed to be buried has rejected his requests to excavate the area due to environmental regulations.
A little-known investment holding company, Nilam Resources, plans to acquire billions of dollars' worth of Bitcoin, but doubts arise about the feasibility and funding of the purchase.
Coinbase's new Layer 2 platform, Base, has become a frenzy for meme coins, with tokens like DEGEN and TOSHI experiencing gains of over 2,000%.
The owner of one of the largest Bitcoin wallet addresses moved over $6 billion in BTC, its first move since 2019, to three new addresses, leaving only 1.4 BTC in the original address.
Insurance broker Marsh has launched a digital asset custody insurance product, offering capacity of up to $825 million and providing support for organizations with digital assets held offline in cold storage, as well as other custody solutions.
Bitcoin's recent rally has resumed, with the leading cryptocurrency surpassing $70,000 and nearing its all-time high, as investors shift their focus to the upcoming Bitcoin halving event on April 19th, which historically marks the beginning of a bull market; J.P. Morgan analyst Reginald Smith favors Riot Platforms over Marathon Digital, citing Riot's expansion plans, scale, and liquidity as key factors for its future success.
Bitcoin is seen as a necessary asset in investors' portfolios due to its more diversified approach, gaining exposure to institutional investors and potential future stability, despite its volatility, according to Maconomics CEO Ross Mac.
Short sellers are betting billions of dollars against cryptocurrency-linked stocks, with total short interest amounting to nearly $11 billion this year, primarily targeting MicroStrategy Inc. and Coinbase Global Inc. as the rest of the sector has benefited from the 65% year-to-date surge in Bitcoin; however, short sellers are facing potential short squeezes as these stocks continue to rally.
Hong Kong's financial regulator is likely to approve in-kind creations and redemptions for spot bitcoin ETFs, potentially opening up the crypto market to a massive investor base in China.
Gaming-focused blockchain WAX integrates with Amazon Managed Blockchain, causing its native token to rise over 20% in 24 hours.
Crypto exchange KuCoin and two of its founders have been charged with violating anti-money laundering laws by U.S. federal prosecutors, leading to a 5% drop in KuCoin's native token price.
Solana token Dogwifhat (WIF) led a rally for meme coins, rising more than 20% while the rest of the crypto market remained stagnant, with its market capitalization surpassing $3 billion.
Angle's USDA stablecoin, backed by U.S. Treasury bills and tokenized T-bills, aims to distribute yield and revenue from lending to token holders, offering an alternative to stablecoins like USDT and USDC that do not pass on yield to holders.
The emergence of Shiba Budz (BUDZ), a new memecoin similar to Shiba Inu (SHIB), presents an opportunity for investors to potentially double their Ethereum (ETH) profits, with strategies for profit maximization explored, the appeal of BUDZ analyzed, and the potential impact on the Ethereum (ETH) and meme coin markets considered.
El Salvador's bitcoin holdings have increased to 5,700 bitcoins, valued at over $400 million, as the country continues to embrace Bitcoin as legal tender.
Crypto biometrics venture Worldcoin has received a three-month ban in Portugal after complaints that it scanned children's eyeballs, further limiting its operations in Europe after a similar ban in Spain earlier this month, leaving Germany as the only remaining market for the controversial project.
The past three days have seen an increase in trading activity and trader engagement for BONK, indicating a potential new bullish trend, with the asset's price supported by a stable valuation, a relative strength index of 57, and the crossing of short-term exponential moving averages above longer-term lines suggesting continued upward momentum.
0G Labs, a web3 infrastructure firm, has successfully raised $35 million in a pre-seed round to develop its modular AI blockchain technology that aims to improve the efficiency and cost-effectiveness of on-chain AI applications in the web3 ecosystem.
OrdinalsBot, a startup that helps mint NFT-like media assets on the Bitcoin blockchain, has exceeded its funding goal with a $3 million seed round led by DACM, bringing its total funding to over $4.5 million; the funding will be used to expand the platform's infrastructure and launch an Ordinals inscription marketplace.
Gunzilla Games has raised $30 million in funding to support the development of its cyberpunk-style battle royale shooter game Off The Grid and its Avalanche blockchain-based platform GUNZ, with plans to launch the game across multiple platforms and incorporate blockchain-based ownership of game assets.
A U.K. government-backed technology working group is encouraging firms to collaborate on tokenization projects, allowing funds to hold tokenized assets and settle transfers on-chain for improved efficiency in traditional markets.
The London Stock Exchange plans to introduce a market for bitcoin and ether exchange-traded notes (ETNs) in May, subject to approval from the UK regulator, the Financial Conduct Authority (FCA).
BlackRock has launched its first tokenized fund on a public blockchain, involving key institutions from both the traditional finance and crypto sectors, potentially opening up a new category of growth for asset managers.
The director of the Congressional Budget Office warns that unattended mounting debt in the US could lead to market chaos similar to what happened during the Liz Truss government in the UK, potentially boosting demand for assets like bitcoin and gold.
Veteran investor Jeremy Grantham warns that stocks are in a bubble, the dollar's dominance is not under immediate threat, and bitcoin is a tool for criminals and inferior to other assets.
Fetch.ai (FET) price is nearing a crucial resistance level, with support from investors and whale accumulation suggesting a potential jump to a new all-time high, although caution is advised due to overbought conditions and the possibility of a correction.
Demand for Ethereum (ETH) is expected to increase if the U.S. Securities and Exchange Commission (SEC) approves applications for spot ETH exchange-traded funds (ETFs), according to Arthur Hayes, co-founder of BitMEX.
Galaxy Digital reported net income of $302 million in Q4, benefiting from increasing crypto prices and doubling its assets under management since the start of 2024.
Cocoa futures have surged above $10,000 a ton, doubling in price this year due to poor crops in West African growers and fears of a global supply deficit, raising concerns about the cost and availability of chocolate.
Cocoa futures surge past $9,000 per ton as supply shortages continue due to severe weather and crop disease, making cocoa beans more expensive than popular commodities like copper and outperforming investments like Nvidia and Bitcoin, raising concerns for candy manufacturers who will likely pass on rising costs to consumers.
Bitcoin ETFs experienced positive net inflows for the first time in over a week, with funds taking in nearly $15 million worth of BTC, signaling a rebound in institutional demand for the cryptocurrency.
Cathie Wood, CEO of Ark Invest, predicts that Bitcoin could reach a price target of $3.8 million by 2030, leading to a market capitalization of over $75 trillion, but critics argue that the high valuation is unreasonable given Bitcoin's limited real-world utility and competition from other cryptocurrencies.
Altcoins are poised for massive rallies in the coming months, according to trader Michaël van de Poppe, who notes a healthy correction in the altcoin market and predicts a surge in market capitalization, while also expecting Bitcoin to rally to its all-time high before the April halving.
Ark Invest sees substantial upside potential in the cryptocurrency market, particularly with Bitcoin, which their bull-case valuation model prices at $1.48 million by 2030, implying a more than 2,000% increase from the current price. However, investors should understand the investment thesis and potential risks before making any decisions.
Cathie Wood's Ark Invest predicts that Bitcoin could reach a valuation of $1.48 million by 2030, driven by increasing demand from emerging market currencies, high-net-worth individuals, institutional investors, and as a store of value compared to gold. However, investors should be aware of the volatility and risks associated with investing in Bitcoin.
Bitcoin spot ETFs saw inflows of $15.4 million, breaking a five-day outflow streak, as the quarter-end draws near, potentially driving further inflows.
Renowned biologist Richard Dawkins receives a cryptocurrency named "Dawkoin" as a birthday present, catching Elon Musk's attention, but investors should approach meme coins cautiously due to their volatility and speculative nature.
The U.S. SEC is seeking a $1.95 billion fine against Ripple Labs for allegedly violating federal securities laws by selling XRP to institutional and retail customers.
Comedian Kevin Hart sold his Bored Ape NFT for $47,000, experiencing a loss of over 80% from the $200,000 he originally spent on it, reflecting the volatile nature of NFTs, with a study revealing that 95% of NFT collections have a market cap of zero ETH.
The viral clicker game Notcoin will end its "mining phase" on April 1, leaving players curious about whether it will lead to an airdrop or an April Fools' joke.
Bitcoin investor Roger Ver remains committed to Bitcoin Cash (BCH), rejecting an invitation to return to the Bitcoin community and criticizing layer-2 blockchains, stating that they either lack reliability or are centralized systems. Ver maintains that BCH is the true representation of Satoshi Nakamoto's vision, while acknowledging the ongoing rivalry and differences between BTC and BCH communities. Ver advocates for market-driven collaboration and believes that BCH is technically superior and can serve as both digital gold and digital cash.
The Shiba Inu token, SHIB, may be following a similar pattern to the 2021 bull market, according to a crypto strategist who accurately predicted Bitcoin's recent correction. Meanwhile, the smart contract platform Solana (SOL) has successfully flipped resistance at $175 into support, and Dogecoin (DOGE) is potentially forming a bullish continuation pattern on the weekly chart after breaching a diagonal resistance.
Ava Labs showcased high-quality blockchain games at the Game Developers Conference, aiming to change perceptions of Web3 gaming and attract gamers with entertaining and engaging experiences.
Bitcoin's surge past $70,000 has led to significant gains for crypto-related stocks such as Cleanspark, Riot Platforms, and Microstrategy, despite recent outflows from spot Bitcoin ETFs.
The DeFi Education Fund (DEF) has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), arguing that a Texas-based apparel company did not violate securities laws by airdropping its crypto token to customers for free, in an effort to protect other airdrops from SEC litigation.
The U.S. SEC is seeking a $2 billion judgement against Ripple Labs in their ongoing legal battle over the sale of XRP, prompting Ripple's CEO to vow to fight back.
Nilam Resources has announced plans to acquire a special purpose entity, MindWave, which will hold 24,800 bitcoins as collateral to raise capital for high-yield generating projects.
