As Bitcoin’s price continues to surge, reaching over $61,000 for the first time since November 2021, altcoin markets are also experiencing significant growth. With Bitcoin rising by an impressive 18% in just one week, the demand for spot Bitcoin ETFs among US investors is one of the key drivers of this rally. Additionally, the anticipation
admin
Senator Elizabeth Warren has recently made headlines with her stance on the cryptocurrency industry. In a recent interview, Warren expressed a willingness to engage with the industry, but only if players adhere to regulatory standards similar to those in traditional finance. She raised concerns about the industry’s reluctance to crack down on illegal activities such
Bitcoin (BTC) has surged by 5% in the last day, edging closer to the highly anticipated $60,000 mark. The surge in price can be attributed to the growing investor interest in the world’s largest cryptocurrency, reaching levels not seen since the 2021 boom. This increase in demand was accompanied by spot bitcoin exchange-traded funds (ETFs)
The Chamber of Digital Commerce recently filed an amicus curiae defending crypto exchange Kraken in the lawsuit initiated by the US SEC. The Chamber’s purpose behind this amicus brief is to put an end to the SEC’s attempted regulation of the digital asset industry through enforcement without legislative authority. In a statement, the CDC emphasized
In recent times, Bitcoin’s price has experienced a significant surge, with it recently surpassing the $56,000 mark. Many market analysts and investors are predicting further growth, with some suggesting that the cryptocurrency could reach new all-time highs in the coming months. This bullish sentiment is backed by various market indicators that point towards increased confidence
As Bitcoin continues to soar to new heights, many investors are looking beyond the popular cryptocurrency to find hidden gems in the altcoin market. One such coin that has caught the attention of many is Pepe Coin (PEPE). With a price increase of close to 50% in the past 24 hours, PEPE seems to be
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:
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,
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
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
