Prita Ghozie

Franklin Templeton Joins the Ethereum ETF Race: Innovation and Competition Collide

Franklin Templeton’s Strategic Entry Franklin Templeton, a financial powerhouse managing $1.5 trillion, has joined the competitive landscape of spot Ethereum Exchange-Traded Funds (ETFs) in the United States. This strategic move follows their successful Bitcoin ETF launch, reflecting their growing confidence in the digital asset space. Ethereum Staking Strategy: A Unique Approach While mirroring competitors’ Bitcoin…

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Bitcoin Shows Signs of Early Bull Market, Says Glassnode

Long-Term Holders Return to Profitability Glassnode, an analytics firm, has observed a signal in Bitcoin’s (BTC) on-chain metrics that historically indicates the early stages of a bull market. The firm’s long-term holder MVRV (LTH-MVRV) metric, which tracks the behavior of long-term BTC investors, has entered “high-risk” territory. When the LTH-MVRV signal hovers above the high-risk…

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Altcoin Expert Predicts Bullish Outlook for DYM and SUI, Cautious on Bitcoin

DYM Poised for Potential Upswing Pseudonymous crypto analyst Altcoin Sherpa sees further upside potential for the modular blockchain Dymension (DYM). DYM recently experienced a retracement but has found support at $7.05. The analyst suggests a potential rally to $7.39 based on Fibonacci retracement levels. DYM has witnessed a remarkable surge, rising from $3.54 on February…

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Altcoins Will ‘Go Higher Than You Imagine,’ Says Crypto Analyst Michaël van de Poppe

Altcoins to Reach New All-Time Highs Michaël van de Poppe, a prominent crypto analyst, predicts that the collective altcoin market cap will soar to unimaginable heights, surpassing expectations. Van de Poppe emphasizes that altcoins will break their previous all-time highs and reach new, unprecedented levels. He suggests that many of the top-performing altcoins have yet…

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Bitcoin’s Upcoming Halving: What’s Changed?

Halvings: A Key Event in Bitcoin’s Ecosystem Halvings, which occur every four years, reduce the reward for mining Bitcoin transactions by half. This event maintains Bitcoin’s scarcity and disinflationary profile, making it appealing to investors. However, price surges post-halving are not guaranteed, as investors may anticipate and buy in advance. Distinguishing Factors of the 2024…

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Bitcoin ETFs: A Month In Review

Bitcoin ETFs have made a significant impact in the financial world since their launch, attracting billions of dollars in inflows and driving Bitcoin’s price to its highest level in over two years. Bitcoin ETFs Garner $2.8B in Net Inflow In the first 21 trading days, Bitcoin spot funds have amassed approximately $2.8 billion in net…

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Bitcoin vs. Fiat: New Zealand’s Top Banker Questions Crypto’s Credibility

The Skepticism Surrounding Digital Currencies Adrian Orr, the Governor of the Reserve Bank of New Zealand (RBNZ), shared his perspective on Bitcoin and other digital currencies during a parliamentary committee meeting. Orr expressed skepticism regarding Bitcoin’s ability to serve as a viable alternative or supplement to traditional fiat currencies. He also criticized stablecoins, labeling them…

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