The approval of a Bitcoin spot ETF in the US has set off a wave of excitement and optimism in the cryptocurrency market. While Bitcoin experienced a surge, altcoins like Ethereum Classic (ETC) have seen significant gains as well. This article explores the reasons behind Ethereum Classic’s recent rally and its prospects in the evolving
Bitcoin
Crypto enthusiasts have been given a new reason to be optimistic about Bitcoin’s future. Samson Mow, a prominent figure in the cryptocurrency space, and former CSO at Blockstream, recently made a bold prediction that has sent shockwaves throughout the industry. Mow believes that a perfect storm of bullish catalysts is brewing, which could lead to
With the recent approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC), the investment spotlight has shifted towards the potential for XRP ETFs. Steve McClurg, Chief Investment Officer (CIO) for Valkyrie, has expressed his belief that altcoins, such as XRP and Ethereum, could be the next in line to receive
Crypto analyst Skew has identified a crucial price level for Dogecoin (DOGE) that could yield profits for investors in the meme coin. By carefully analyzing the daily chart for DOGE, Skew has suggested that a better risk-reward lies above $0.08750 for individuals looking to enter the market. Despite acknowledging the development of a significant range
In a significant development for the cryptocurrency and Bitcoin market, the United States Securities and Exchange Commission (SEC) has approved all 11 spot Bitcoin ETFs submitted by the world’s largest asset managers. This approval marks a groundbreaking milestone in the maturation of the cryptocurrency market, paving the way for increased institutional and retail investor participation.
Ethereum, the second-largest cryptocurrency by market capitalization, is currently exhibiting signs of a bullish breakout, as observed by two prominent analysts in the crypto space. According to the analysts, Ethereum shows consolidation within a bullish pennant pattern. This technical formation typically suggests a continuing upward trend in Ethereum’s case. According to World Of Charts, if
The approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC) has been a topic of discussion in the cryptocurrency industry. As the SEC prepares to make its final decision, the Depository Trust and Clearing Corporation (DTCC) announced the official listing of the Spot ETF tickers from VanEck, a prominent investment
The cryptocurrency market is known for its volatility, with prices constantly fluctuating. To navigate this market successfully, investors and traders rely on various indicators and metrics. One such metric is the Relative Strength Index (RSI), which measures the momentum of price changes in an asset. In this article, we will explore some altcoins that are
In recent times, the approval of Bitcoin Spot Exchange-Traded Fund (ETF) has sparked immense interest in the cryptocurrency community. Scott Melker, a prominent cryptocurrency analyst and advocate, took to social media to share his projections regarding a potential influx of funds into Bitcoin following the approval of the ETF. While Melker’s projections were met with
Ethereum, the king of altcoins, has been receiving sustained support from its whales as they continue their buying spree. Over the past few weeks, these whales have significantly increased their purchases, indicating their strong confidence in the future of Ethereum. On-chain data from Santiment reveals that the largest private wallets now hold a record-breaking 56.25
