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Bitcoin

cryptocurrency May 27, 2024

Michael Saylor makes a U-turn on ETH after ETF approvals.  The executive said that the approval will further legitimize crypto assets.  MicroStrategy founder and CEO Michael Saylor has changed his ‘no second best to Bitcoin’ rhetoric after the Ethereum ETF’s approval. Advertisements Commenting on the approvals, Saylor underscored the update as ‘good for crypto asset […]

cryptocurrency May 26, 2024

SEC approved the 19b-4 listing for Ethereum ETFs, but S-1 approval is awaited Bitcoin ETFs have been seeing massive inflows, with Ethereum expected to attract millions too After much speculation surrounding the approval of Spot Ethereum [ETH] ETFs, the SEC gave a green light to these financial products a few days ago.  Advertisements However, what’s significant […]

cryptocurrency May 18, 2024

According to data from CoinMarketCap, Bitcoin rose by 2.9% on Friday to trade above $67,000 for the first time since April 24. This positive price performance by the maiden cryptocurrency has been attributed to the low inflation levels reported in the latest Consumer Price Index (CPI) data.  Advertisements However, Bitcoin is an asset subject to […]

cryptocurrency May 17, 2024

Bitcoin maintained a balanced Put/Call Ratio ahead of the deadline ETH traders face potential losses as its price was close to the maximum pain point According to data from Deribit, the market-leading derivatives exchange, Bitcoin [BTC] options with a notional value of $1.18 billion will expire on 17 May. Advertisements Also, Ethereum [ETH] contracts, valued […]

cryptocurrency May 9, 2024

Ethereum has recorded low capital inflows since January compared to Bitcoin. ETH’s long-term holders continue to wait for a new all-time high. Leading altcoin Ethereum [ETH] has underperformed compared to Bitcoin [BTC] since January, Glassnode found in a new report.  Advertisements According to the on-chain data provider, while BTC, aided in part by the US […]

cryptocurrency May 3, 2024

BTC and ETH traded below their maximum pain points, suggesting that traders might face severe losses Implied Volatility dropped, implying a lack of bullish expectations going forward Bitcoin [BTC] and Ethereum [ETH] options contracts worth about $2.3 billion are set to expire on Friday, 3 May. According to Deribit Exchange, the Bitcoin options are valued […]

cryptocurrency May 1, 2024

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cryptocurrency May 1, 2024

Runes on Bitcoin’s blockchain can save traders from massive losses in the coming months. Staking on the Ethereum blockchain is on the rise, raising concerns about its future as “money.” Ahead of the FOMC meeting (Federal Open Market Committee) of May 2024, the crypto-market saw a significant decline. Bitcoin dropped to $56,494 – A level […]

cryptocurrency April 30, 2024

Trading volumes in crypto have plummeted to January lows. Bitcoin and Ethereum prices have declined slightly, impacting market activity. The crypto market is witnessing a significant lull, with trading volumes dropping to levels not seen since the start of the year. Advertisements This downturn accompanies a noticeable decrease in the prices of major cryptocurrencies, with […]

cryptocurrency April 21, 2024

Bitcoin’s post-halving hours saw a 2.31% dip, but ETF inflows surged and boosted investor confidence Potential expansion of crypto-ETFs beyond Bitcoin and Ethereum could drive mainstream adoption Looks like Bitcoin’s [BTC] halving brought its own share of surprises! After all the hype surrounding Bitcoin’s halving, BTC hit a bump on the road, falling by 2.31% […]