Grayscale secures a big win against SEC in Bitcoin ETF case
U.S. court rules in favour of Grayscale in its lawsuit against SEC. Today’s ruling paves the way for the first U.S. Bitcoin ETF. Bitcoin and Ethereum jumped over 5.0% following the news. The U.S. Court of Appeals for the DC Circuit just ruled in favour of Grayscale in its long-running lawsuit against the Securities & […]
Bitcoin remains the focus as outflows hit March highs
Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since March 2023, according to a report by CoinShares. CoinShares’ latest weekly report on digital asset investment flows shows that the market witnessed its largest funds outflows in nearly six months […]
JPMorgan analyst says weakness in Bitcoin is ‘at its end phase’
Nikolaos Panigirtzoglou is convinced that worst is behind us in Bitcoin. He agreed that there recently have been positive news in crypto market. Price of a Bitcoin has declined nearly 17% in less than two months. A JPMorgan analyst is convinced that the worst is behind us as far as the ongoing decline in the […]
trillions of tokens sent to exchanges
At press time, PEPE was trading at $0.0000008854, down 18.06% in 24 hours. The token dropped to a low of $0.0000008058 after news of trillions of token movement emerged on August 24. The tokens were moved to Binance and OKX among two other major exchanges. On Wednesday morning, PepeCoin (PEPE) plunged after millions of dollars […]
Six major cryptocurrencies on Coinbase’s chopping board
DerivaDAO (DDX), one of the delisted tokens, dipped the most after the announcement. Multichain (MULTI), which has been facing serious setbacks with its bridge will also be delisted. Coinbase regularly reviews its listed crypto assets to ensure they continually maintain the highest standards. Coinbase Assets has announced that it has decided to temporarily halt trading […]
A very dangerous pattern is forming
Bitcoin price remained in a tight range this week as concerns about the industry continued. The BTC/USD pair was trading at 26,000, where it has been in the past few days. Similarly, the BTC/GBP was stuck at 20,522, which was much higher than last Friday’s low of 19,762. Bitcoin flash crash Bitcoin and other cryptocurrencies […]
Bitcoin is not headed for new lows: Scott Melker
Wolf of All Street’s host Scott Melker is constructive on Bitcoin. He explained why in an interview with Yahoo Finance today. BTC has tumbled from $31,000 to $26,000 in about six weeks. Bitcoin is still a bull market despite the sharp sell-off in recent weeks, says Scott Melker – Host of “The Wolf of All […]
Prediction markets tokens rise as other tokens dip: Gnosis, Augur price outlook
Bitcoin has suffered its worst weekly percentage loss since the collapse of FTX. Some of the factors behind the dip include reports of SpaceX selling its BTC holdings and the Chinese property giant Evergrande bankruptcy filing. Top prediction markets tokens have maintained a bullish trend amid the crypto meltdown. In what has caught most crypto […]
Price prediction for Kaspa, Hedera and Shiba Memu
Kaspa (KAS), Litecoin (LTC) and Tron (TRX) are among top gainers today as crypto markets eye a rebound. But Hedera and Shiba Inu, one of the most popular crypto meme coins, has suffered notable declines in the past 24 hours. New meme coin Shiba Memu has raised over $2.16 million in its presale as AI […]
Will traders suffer more losses
Key takeaways Bitcoin dropped below the $26k level on Thursday, with traders losing nearly $1 billion in the process. Chancer’s stage two presale is now closing in on the $1.5 million mark. The cryptocurrency market has been extremely bearish since the start of the week. The prices of most cryptocurrencies are down by more than […]