Harvest Global Investments has applied for a spot-bitcoin exchange-traded fund (ETF) in Hong Kong, and is also discussing the city's stablecoin sandbox with regulators.
Crypto whales have accumulated $3 billion worth of bitcoin this month, increasing their holdings by 76,000 BTC to nearly 7.8 million BTC, as they took advantage of lower prices amidst a pullback in the market.
Dogecoin's valuation of $11.32 billion puts it behind Avalanche's market cap of $12.94 billion, but Dogecoin still has potential for long-term growth based on technical indicators and investor interest, while Avalanche shows signs of strength and growth in the short term.
Bitcoin (BTC) could potentially see a bullish reversal as it forms an inverse head and shoulders pattern, with $40,500 as the new support, according to analyst Cheds, who also highlights the price action of Solana (SOL) and its need to convert its next resistance into support for a breakout.
Google is now allowing certain cryptocurrency products, including spot Bitcoin exchange-traded funds (ETFs), to be advertised on its platform, marking a significant shift in ad policies and a positive step towards mainstream acceptance of crypto.
Margot Paez, a fellow at the Bitcoin Policy Institute, critiques the United Nations University's study on bitcoin mining, revealing a pattern of oversight and disconnect with established research, highlighting the importance of intellectual integrity in academic research.
Unibot, a trading application, plans to issue a native Solana ecosystem token called UNISOL that will accrue value back to holders of the original Ethereum-based UNIBOT tokens, potentially boosting UNIBOT's value accrual and easing recent losses.
An analyst predicts that Bitcoin could reach levels above $43,000 and recommends taking fresh bullish bets on the cryptocurrency based on the Elliot Wave theory and the decline in selling pressure.
The approval of spot bitcoin ETFs in the US is expected to pave the way for similar regulatory approvals in Asia, with Australia predicted to be the next country to approve such products. Hong Kong and Singapore are also likely candidates, while the UAE may face challenges due to connectivity issues with traditional finance players.
ARK Invest, led by Cathie Wood, has sold shares of the Bitcoin Futures ETF and bought its own spot Bitcoin ETF, adjusting its cryptocurrency portfolio in anticipation of the approval of spot Bitcoin ETFs in the US.
Prominent crypto trader Arthur Hayes sees the recent fall in Bitcoin's price as a warning sign, noting the correlation between Bitcoin's peak and the rise in two-year US treasury yields, and predicts further decline until the renewal decision of the Bank Term Funding Program (BTFP) is disclosed, after which he expects a price increase. In the long term, Hayes is optimistic about Bitcoin, predicting a price range of $750,000 to $1 million by 2026.
The Jupiter decentralized exchange (DEX) on the Solana blockchain surpassed Ethereum's Uniswap V3 in daily trading volume, reaching $520 million in 24 hours, largely attributed to Solana's low fees, with Solana (SOL) price approaching $100 and analysts predicting further growth.
Avalanche's AVAX token has surged over 10% in the last 24 hours due to the announcement of the Vryx scaling solution, which will increase the network's transaction capacity to 100,000 TPS and revolutionize transaction processing.
Sydney Sweeney gained online attention after posting a modified crypto chart with a caption referencing her appearance on Hot Ones and became a meme; she also discussed her character development process and her upcoming role in the film Madame Web.
Crypto analyst Benjamin Cowen predicts that Ethereum (ETH) will experience a sharp correction below $1,000, as it historically tests the integrity of its major cycle lows before moving into a new bull phase. Cowen believes that ETH will first break down in its Bitcoin pair (ETH/BTC) before ETH/USD follows suit, although it may take some time for these events to unfold.
Elon Musk's tweet about building "the everything app" sparked speculation that the app would support Dogecoin and Shiba Inu, causing their prices to skyrocket; caution is advised regarding airdrops and potential scams in the crypto space; Palworld, a Pokemon-inspired crypto game, gained popularity despite potential legal issues; NFTs are gaining traction with wealthy backers and exploring new sensory experiences; Donald Trump voiced his opposition to central bank digital currencies (CBDCs) but meme tokens inspired by him are at odds with each other.
Estonia plans to extradite two citizens to the United States for their alleged involvement in a $575 million cryptocurrency fraud and money laundering scheme.
FTX is liquidating crypto assets to expedite the restitution process for impacted users, leading to a surge in transaction volume and prices of these claims, while FTX users are actively trading their claims which have exceeded $1 billion.
Chair of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, express concerns over the accessibility of Bitcoin and calls for new federal laws to regulate the market, especially following the recent approval of spot market BTC exchange-traded funds (ETFs) by the SEC.
Ethereum's resurgence in 2023 and its dominance in the decentralized finance sector present a bullish case for investors, but concerns over centralized control and regulatory risks create a compelling bear case, leaving investors to make their own decision on whether to buy Ethereum while it remains below $2,500.
With Ethereum experiencing a resurgence and remaining below $2,500, investors are presented with an opportunity to buy the leading cryptocurrency, considering bullish factors such as smart contracts, decentralized finance (DeFi), and the potential for spot ETFs, as well as bearish factors like centralized control and regulatory concerns.
The number of addresses on the XRP Ledger with a non-zero balance has reached a record high of over 5 million, indicating growing adoption, but the price of XRP remains stagnant, leading analysts to predict a potential significant price breakout.
Ethereum is experiencing a price surge and is poised for sustained success as it implements platform upgrades and competes with its challengers Cardano, Algorand, and Avalanche in the smart-contract market.
Ethereum is experiencing a resurgence in investor interest and has seen a significant price increase due to planned technology upgrades and the growing popularity of crypto-based ETFs, with its competitors such as Cardano, Algorand, and Avalanche also performing well, but Ethereum remains poised for sustained success due to its established developer base and industry standards.
Ronin is a gaming-centric Ethereum sidechain that offers faster and cheaper transactions, and it has gained popularity through games like Axie Infinity and Pixels.
A poem by Ana Maria Caballero titled "Cords" was sold for $11,430 in a Bitcoin auction at Sotheby's, marking the first-ever individual poem sold by the auction house and affirming the inherent value of written poetry.
Bitcoin remains strong despite breaking below $40,000, with no massive selling and a potential bullish momentum, according to a trader.
Ripple has provided an update on the progress of the XRP Ledger EVM sidechain, including the release of the XChainBridge public amendment and the upcoming launch of the sidechain in 2024.
Robinhood acquires a large number of Shiba Inu tokens, Bitcoin faces a market downturn, Avalanche shows signs of a positive rally, and InQubeta gains significant interest as it bridges the gap between crypto and AI companies.
Cryptocurrencies experienced a bear market in 2022, but the upcoming reversal by the Federal Reserve and catalysts like Bitcoin ETFs and the next halving could lead to a new bull run, making certain overlooked altcoins like CAGA, Beldex, and Golem potentially lucrative investments.
The U.S. Federal Reserve ending its funding lifeline for banks could trigger a financial crisis and force the Fed to restart money printing, according to crypto trader Arthur Hayes, who predicts a short-term bitcoin price of $30,000 to $35,000 before it bounces back later in the year.
The number of wallets holding XRP, the digital asset used by Ripple, has reached an all-time high, while Bitcoin wallets are declining at their fastest rate since October, indicating a potential market bounce for cryptocurrencies.
Telegaon's market insights suggest that Shiba Inu (SHIB) may reach the milestone of $0.001 by 2035, injecting hope into the community, with further projections indicating potential growth and a maximum price of $1.06 by 2050.
Solana's impressive price performance and potential as a disruptor in the payments industry has led to speculation about whether it could become the PayPal of the future, but it faces challenges in terms of scale, security risks, and convincing users to switch from existing payment methods.
Solana, a cryptocurrency that has seen significant price gains in recent years, has the potential to disrupt the payments industry with its fast throughput and innovative features, but it still has a long way to go before it can rival PayPal's scale and popularity.
Grayscale has deposited billions of dollars worth of Bitcoin to Coinbase following the approval of spot BTC exchange-traded funds, but despite the sell pressure, the launch of ETFs is seen as bullish for Bitcoin.
Bitcoin's dominance in the cryptocurrency market has increased over the past year, making it the most popular and well-known digital currency, with growing anticipation of ETF approvals and the upcoming halving event as likely factors contributing to its popularity.
Bitcoin could experience a conservative rally of over 300% in the coming months, potentially reaching $170,000 after its upcoming halving in April, according to Skybridge Capital founder Anthony Scaramucci.
An AI crypto investing app, such as AlgosOne, can provide traders with more trading opportunities, faster responses to market movements, automated risk management, and data-based decision-making, making it a valuable tool for successful trading.
Cryptocurrency investment platform Retik Finance and its native token RETIK are predicted to experience exponential growth, with price forecasts suggesting a $1000 investment could reach over $100,000 by spring 2024, due to its suite of innovative DeFi solutions and strong demand during its ongoing presale campaign.
Conflux (CFX) experienced a 20% surge in its native altcoin value as it announced a strategic partnership with venture studio BlockBooster, aiming to nurture web3 infrastructure projects and facilitate major events for Conflux builders.
The Stellar blockchain's upgrade to include Ethereum-style smart contracts may be delayed due to the discovery of a bug, prompting developers to reconsider the Jan. 30 target date.
A Colorado preacher and his wife are facing civil fraud charges for allegedly scamming over 300 investors out of $3.2 million through their online ministry and cryptocurrency scheme.
The Algorand Foundation's CEO's social media account has been hacked, marking the third major incident in January, with the hacker spreading false information and posting inappropriate links.
Coinbase, a leading cryptocurrency trading platform, has experienced significant growth and success as the cryptocurrency market surges, but remains a high-risk, high-reward investment due to the volatility and uncertainty of the industry's future.
Approximately half of the eligible wallets have claimed the WEN token airdrop, leaving around $39 million in value unclaimed at the end of the three-day airdrop on the Solana blockchain.
The US Commodity Futures Trading Commission (CFTC) has warned about AI scams promoting false crypto opportunities, with millions of dollars already stolen from victims.
Cryptocurrencies offer greater capital mobility compared to physical gold, making them a more viable option for wealth storage and transportation in crisis situations.
February is set to bring a range of exciting new games including "Suicide Squad: Kill the Justice League," "Persona 3 Reload," "Foamstars," "Skull and Bones," "Mario vs. Donkey Kong," and "Final Fantasy VII Rebirth."
Bitcoin (BTC) experienced a slump in price following the sell-off by Grayscale, but later recovered slightly, while Ethereum (ETH) and Solana (SOL) also faced losses in the crypto market, and Dogecoin (DOGE) remained stagnant.