After a turbulent 2022, cryptocurrency hedge funds have experienced a remarkable recovery in 2023. These funds have generated an average return of 44% through December 20, marking a significant rebound from the previous year’s 52% loss. This turnaround positions cryptocurrency hedge funds as the best-performing strategy among the 29 strategies monitored. Several cryptocurrency hedge funds
The United States’ main securities regulator, the U.S. Securities and Exchange Commission (SEC), is expected to inform spot Bitcoin ETF applicants of their approval in the next few days, according to Reuters. This notification could be given on either Tuesday, January 2nd or Wednesday, January 3rd, allowing the applicants time to prepare for the launch
As the crypto market looks ahead to the year 2024, industry experts and financial analysts have been providing their Bitcoin (BTC) predictions for the future. These forecasts are not only diverse in their projections but also offer valuable insights into the potential growth and development of the digital asset. In this article, we will explore
In the past 24 hours, Tellor (TRB) has taken investors on a wild rollercoaster ride, experiencing a surge and a drop reminiscent of price manipulation. The cryptocurrency soared to over $600 in the late hours of 2023, only to come crashing down to $137 soon after. This extreme price volatility has raised eyebrows and prompted
In recent years, meme coins have gained significant attention in the cryptocurrency space. These coins, such as $SHIB, $DOGE, and $SPONGE, have attracted investors with the potential for substantial gains. One of the latest additions to the meme niche is $TSUKA, a Solana-based token inspired by the Japanese legend of the Dejitaru Tsuka Dragon, which
Bitcoin price recently faced significant resistance near the $44,000 zone, signaling potential downside risks. This article examines the current price movement and key levels to watch, including support and resistance levels that could determine Bitcoin’s future direction. After attempting to break above the $43,200 level, BTC struggled to surpass the crucial resistance zone of $44,000.
The phenomenal surge in value of PancakeSwap has recently captivated the cryptocurrency community. With its token, CAKE, experiencing a remarkable 54% increase in just the past seven days, PancakeSwap’s reputation in the decentralized finance (DeFi) space has been solidified. This article will delve into one of the key strategies contributing to PancakeSwap’s success and examine
The Shiba Inu burn initiative has started the week on a positive note with a substantial increase in its token burn rate over the past 24 hours. Data from Shibburn, the platform that tracks SHIB token burns, reveals a staggering 5,043% increase in the burn rate. During this period, over 53.13 million SHIB tokens were
Cryptocurrencies, including XRP, have experienced a rollercoaster ride of price movements this year. The value of XRP has increased by 74% in 2024, aligning with the overall bullish sentiment in the cryptocurrency market. However, XRP’s journey has not been without its ups and downs. While it witnessed a significant price spike earlier in the year,
The Securities and Exchange Commission (SEC) has been facing a battle with the crypto industry over the approval of a Bitcoin exchange-traded fund (ETF). While a U.S. circuit court in Washington D.C. recently ordered the SEC to revisit its rejection of a Bitcoin ETF application by Grayscale, the outcome is still uncertain. This article will
