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
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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
The outflows from Grayscale’s Bitcoin Trust (GBTC) appear to be slowing down, indicating a shift in investor sentiment. This trend is reflected in the trading activity of Bitcoin ETFs, with the entire ETF cohort attracting significant trading volumes and rapid growth in assets under management. Although there was initial anxiety surrounding Grayscale’s Spot ETF, it
The Hong Kong-based crypto exchange BitForex has recently faced a sudden and unexpected shutdown, leaving users with their funds stuck on the platform. The suspension of both the website and trading application on Feb 23 has caused a stir in the crypto community, with concerns rising about the exchange’s credibility. Questionable Trading Volumes BitForex boasted
The price of Ethereum (ETH) has seen a significant spike recently, surpassing $3,100 and reaching a nearly two-year high. This surge in price comes at a time when many other leading cryptocurrencies such as Bitcoin (BTC), Solana (SOL), and Cardano (ADA) have shown little volatility or even minor losses in the past 24 hours. One
Bitcoin has experienced significant price growth over the past few months, driven primarily by the anticipation and approval of multiple spot Bitcoin ETFs in the United States. However, despite this surge, retail investors have not yet entered the market in large numbers. This begs the question of whether their arrival could lead to another price
