The Bitcoin Fear & Greed Index has spiked to its highest level in almost three years, reaching Extreme Greed at an accelerated pace. This index serves as a gauge of investor sentiment, indicating whether investors are currently injecting funds into the market or withdrawing them. The Fear & Greed Index consists of five main categories:
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HTX, a cryptocurrency exchange formerly known as Huobi, has recently resubmitted its application for a Virtual Asset Trading Platform (VATP) license in Hong Kong. This move comes after the exchange withdrew its initial application without explanation, raising questions about its eligibility and compliance with regulatory requirements. According to the Securities and Futures Commission (SFC) website,
Despite Shiba Inu’s recent price underperformance, the number of daily active addresses has been on the rise. According to data from IntoTheBlock, SHIB daily active addresses have surged above 3,500, showing a 13% increase. This uptrend indicates a growing interest in the asset and suggests that investors are taking more notice of Shiba Inu. The
With the current price movement of Bitcoin showing signs of stability and the overall market becoming increasingly unpredictable, there are conflicting opinions on the future of BTC. In a recent post on social media platform X, Crypto Jelle, a prominent cryptocurrency analyst and investor, made a bold prediction regarding the future of Bitcoin. Despite the
The recent network outage on Solana, lasting five hours, had a significant impact on investor confidence in the platform. The bug that caused transactions to enter an infinite loop not only disrupted the network’s functionality but also led to a surge in outflows from investment products tied to Solana. This negative sentiment resulted in $3
Dookey Dash, a game associated with the popular Bored Ape Yacht Club, made waves in the NFT world with its limited release that restricted gameplay to NFT owners only. This exclusivity created a frenzy among NFT collectors, leading to a surge in demand for specific tokens like Bored Apes and Mutant Apes. The game, released
Crypto analyst Rager has recently shared his insights on the best time to invest in Bitcoin and Ethereum, signaling an imminent bull run for the two largest crypto tokens. His analysis suggests that the last great opportunity for this market cycle will coincide with the Bitcoin Halving. Rager himself is currently holding spot positions and
Could Bitcoin Exchange-Traded Funds (ETFs) potentially outpace Gold ETFs in terms of investment volume? According to Bloomberg analysts, this scenario could become a reality in a relatively short period of fewer than 24 months. In a recent analysis, Bloomberg ETF analyst Eric Balchunas highlighted the significant increase in Bitcoin ETF inflows while Gold ETFs have
The recent move by a group of Senate Republicans to restrict the Federal Reserve’s capacity to introduce a central bank digital currency (CBDC) sheds light on the lack of understanding among lawmakers about the potential benefits of digital currencies. The proposed bill, named the Central Bank Digital Currency Anti-Surveillance State Act, is a reactionary response
In the fast-paced world of cryptocurrency, investors are constantly on the lookout for new opportunities to maximize their gains. One such opportunity that has recently caught the attention of many investors is Scotty the AI ($SCOTTY), a new ICO of a dog-inspired meme coin. With the potential for gains of as much as 1989% for
In the world of cryptocurrency, new coins are constantly emerging, each hoping to be the next big meme coin to capture the attention of the crypto community. One such coin that has recently entered the scene is Frog Wif Hat Token ($FWIF). Launched on Uniswap decentralized exchange, this token has quickly made waves by pumping
Ethereum has witnessed a significant surge in its price, breaking through key resistance levels and surpassing the $3K mark. This upward movement indicates a prevailing bullish sentiment in the market, with investors setting their sights on the crucial yearly swing high of $3.6K as the next target. Upon closer inspection of the daily chart, it
The recent -5.3% price drop of Helium (HNT) has caused shockwaves in the DePin markets, signaling a downside in price action despite the impressive growth experienced by the network. Over the past three months, HNT has seen a notable increase of +227%, showcasing significant growth. However, with the current market price of $8.18 and a
OVERDARE, a mobile gaming platform supported by industry giants KRAFTON and NAVER Z, has joined forces with Circle Internet Financial to bring innovation to the mobile gaming sector. Through Circle’s Programmable Wallets, game content creators can easily create secure in-game Web3 wallets and receive direct USDC payouts. This collaboration aims to enhance the gaming experience