Grayscale, a prominent digital asset management firm, has recently made a significant move in the cryptocurrency market. On January 11, the company submitted a filing to introduce a Bitcoin covered call exchange-traded fund (ETF). This decision demonstrates Grayscale’s unwavering commitment to the growth of its product offerings and the broader ecosystem surrounding Bitcoin. Grayscale’s proposed
X, formerly known as Twitter, has taken the surprising step of removing the feature that allowed premium subscribers to use NFTs as their display pictures. This move has caught many users off guard, especially considering that it was previously available for NFTs minted on the Ethereum blockchain. The NFT feature was introduced in January 2022,
The NEAR Foundation has recently announced plans to undergo a significant realignment initiative, which will result in the reduction of its team by approximately 40%. This decision will impact a total of 35 employees across various departments within the organization. In an effort to streamline its operations and improve overall effectiveness, the foundation has determined
Accurately predicting price movements has always been a challenge for investors and traders in various markets. The complexity and volatility of markets often lead to high uncertainty, even for seasoned professionals. However, a new ray of hope has emerged in the form of artificial intelligence (AI). Advanced machine learning algorithms have the potential to analyze
In this digital age, where data is king and cyber threats loom around every corner, it is important to stay vigilant. The recent hack of major crypto data aggregator Coingecko serves as a sobering reminder of the ever-present danger lurking in the online world. This article delves into the details of the Coingecko hack, highlighting
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
Bitcoin, the largest digital asset, experienced a momentous day on January 10, 2024, as the US Securities and Exchange Commission (SEC) finally approved spot exchange-traded funds (ETFs) tracking its performance. This long-awaited green light signaled a significant milestone for the cryptocurrency industry. However, the approval did not come without its fair share of hiccups, leading
The recent price recovery and double-digit surge of Cardano (ADA) have caught the attention of many crypto enthusiasts. Crypto analyst, LuckSide Crypto, argues that this may just be the beginning for ADA’s bull run. In his analysis on January 11th, he points to the positive news of a spot Bitcoin ETF approval as a catalyst
Since the successful Arbitrum airdrop in 2023, the price of ARB has surged by 30%, fueled by the hype surrounding a potential ETH ETF. The demand for layer-2 scaling solutions and the growing anticipation of an approved ETH ETF has propelled arbitrum’s price chart to new heights. The recent approval of Spot Bitcoin ETFs by
The year 2024 has started on a positive note for crypto asset investment products. According to CoinShares, there have been impressive total inflows of $151 million in the first week of the year. While Bitcoin attracted the largest share of this inflow, Ethereum was close behind. Surprisingly, Cardano also experienced notable inflows compared to other
