After a relatively quiet weekend, Bitcoin faced a sharp decline in its price, dropping by approximately $2,000 and reaching a low of $40,600. However, the bulls quickly intervened and prevented further losses, initiating a significant surge. Bitcoin managed to climb as high as $43,500 before losing momentum and slipping back below $42,000. Nonetheless, the cryptocurrency
As the cryptocurrency market continues to gain momentum, DEX-launched cryptocurrencies have been making huge waves. One such token that has emerged as the latest moon-shot is Micro Coq (MICRO). After a jaw-dropping +3,000% rally, the question arises: could Micro Coq be the next meme coin to capture the attention of investors and traders? In recent
Renowned Bitcoin advocate Michael Saylor has recently highlighted the potential approval of a spot Bitcoin exchange-traded fund (ETF) as a gamechanger for the financial world. According to Saylor, this development could be the most significant on Wall Street in the past three decades, comparable to the creation of the S&P 500 ETF. He believes that
The surge in interest from institutional investors regarding Bitcoin has become increasingly evident, particularly in anticipation of the potential approval of a Spot BTC ETF. According to a comprehensive report by K33 research analysts, one indicator stands out remarkably when gauging institutional traders’ interest in Bitcoin – the derivatives market. This report, authored by K33’s
U.S. Senator Roger Marshall surprised many when he revealed that the American Bankers Association (ABA) played a vital role in formulating the divisive Digital Asset Anti-Money Laundering Act. In a speech delivered at the Parliamentary Intelligence-Security Forum, Marshall disclosed that Senator Elizabeth Warren had approached them with the legislation, and together, they sought assistance from
The Central Bank of Ireland (CBI) has made an important move in the cryptocurrency industry by granting a license to Ripple Markets Ireland Limited, Ripple’s Irish subsidiary. The license allows Ripple to operate as a registered Virtual Asset Service Provider (VASP) in Ireland. This article analyzes the significance of this development and its potential impact
Ethereum, the world’s second-largest cryptocurrency, is currently facing challenges in its attempt to climb above key resistance levels. With the price trading below $2,200 and the 100-hourly Simple Moving Average, investors are closely monitoring the market dynamics to gauge whether a bullish trend is imminent or if a bearish momentum will prevail. Difficulty in Breaking
The United States Securities and Exchange Commission (SEC) has recently announced a delay in its decision regarding the approval of Ethereum exchange-traded funds (ETFs) from various asset management firms. The SEC has received applications for Ethereum ETFs from Ark Invest/21Shares, VanEck, and Hashdex, all of which are currently under consideration by the securities regulator. This
After enduring a challenging few days of trading, bitcoin experienced a much-needed boost as its price soared past $43,000. The primary cryptocurrency had been struggling to overcome the $43,000 level over the weekend, leading to a decline in its value to around $42,000. Monday morning brought even greater concerns as bitcoin dropped further to a
BlackRock, a leading asset manager, has recently submitted a new amendment to the S-1 filing for its spot Bitcoin ETF, the iShares Bitcoin Trust. The amendment includes significant changes and updates, indicating the ongoing discussions and transactions between BlackRock and the U.S. Securities and Exchange Commission (SEC). One notable update in the filing is the