A Historic Move in the Crypto World Valkyrie Investments, a firm previously recognized for its Bitcoin Mining ETFs, has taken a groundbreaking step by announcing its intention to invest in Ether Future ETFs. This strategic move will position Valkyrie as the first entity to provide exposure to both Ether and Bitcoin futures contracts. The company …
Valkyrie’s Game-Changing Move: Investing in Both Bitcoin & Ethereum! Read More »
The Current State of the Cryptocurrency Market Ripple (XRP) has exhibited a notable performance in the last 24 hours, marking an increase of approximately 2.5%. This surge has allowed the cryptocurrency to surpass the $0.50 mark, hinting at the potential for even higher values. This uptick is not isolated to Ripple alone; the broader cryptocurrency …
The Bullish Surge Bitcoin, after a brief struggle below the $27,000 mark, has finally soared above it, marking a 9-day high. This comes after the cryptocurrency faced a dip following the recent US Federal Reserve FOMC meeting, where it settled around the $26,600 mark. The landscape took a downturn on Monday, with Bitcoin slipping just …
How Did Bitcoin Smash the $27,000 Barrier? Find Out! Read More »
The Unprecedented Rise Crypto markets have largely remained stagnant since mid-March. However, MakerDAO’s MKR token tells a different story. Gaining an impressive 200% since the start of the year, it reached its zenith this week, marking its highest point since May 2022. In less than a month, MKR has surged by approximately 50%. So, what’s …
Unraveling the Secrets Behind MakerDAO’s MKR Token Surge Read More »
Bitcoin’s Recent Moves Bitcoin, the world’s most renowned cryptocurrency, recently made an attempt to breach the $27,000 mark. This move came after a week of achieving local peaks around $27,500. However, the momentum was short-lived, and the cryptocurrency faced a decline of over $1,000 last Thursday. This dip was influenced by the US Federal Reserve’s …
Bitcoin’s $27K Challenge: What Stopped Its Momentum? Read More »
The Dominance of the Elite Recent data from the blockchain platform Glassnode reveals that a staggering 99% of Bitcoin’s circulating supply is held by the top 1% of Bitcoin addresses. This figure has reached a three-month high, with the last similar concentration observed at the end of June 2023. Interestingly, a significant portion of these …
A Resounding Vote for Restructuring More than 95% of Celsius creditors, spanning all eligible classes, have cast their votes in favor of the company’s restructuring plan. This significant decision took place on September 26, marking a pivotal moment in the firm’s Chapter 11 bankruptcy proceedings. The company has expressed its gratitude for the overwhelming support, …
Breaking: 95% of Celsius Creditors Back Restructuring! Read More »
The Wait Continues The US Securities and Exchange Commission (SEC) has once again deferred its decision on the spot Bitcoin ETF applications submitted by ARK Invest and 21Shares and Global X. The decision for the ARK 21Shares application has been postponed to January 2024. This move by the SEC has sparked speculations of potential further …
Breaking: SEC Delays Bitcoin ETF Decision Again! Read More »
Bitcoin’s Recent Performance Bitcoin, the world’s leading cryptocurrency, has been experiencing a period of low volatility in recent days. After a drop from over $27,000 to $26,400 following the US Federal Reserve’s FOMC meeting last Thursday, the cryptocurrency has been trading sideways. Over the weekend, Bitcoin’s price hovered around $26,600. Although there was a brief …
Is Bitcoin’s Stability a Sign of Market Maturity? Read More »
A Week of Prosperous Funding Last week, crypto startups witnessed a significant influx of capital, with a collective raise of over $115 million. Leading the pack was blockchain game studio, Proof of Play, which secured a whopping $33 million in a funding round spearheaded by Andreessen Horowitz. This studio has grand plans for its invite-only, …
Is the Bear Market Over? Crypto Firms Raise $115M! Read More »
