In just under a month since their debut, new spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over 200,000 BTC in assets under management, marking a significant shift in the crypto investment landscape. Market Leaders in the New Spot ETF Era BlackRock’s IBIT and Fidelity’s FBTC lead the pack with approximately 203,811 BTC in combined…
New York City is launching a new basic income program that will give away $53 million to migrants who are currently being housed in hotels. The program will provide 500 migrant families with pre-paid credit cards that can be used to purchase food and baby supplies. Each family will receive approximately $350 per month, which…
Binance is set to list Pixels (PIXEL), a social Web3 gaming altcoin, on its Launchpool platform. PIXEL is a blockchain-based, open-ended game centered around farming and exploration. Launchpool Details: Starting Friday, Binance users can stake BNB and FDUSD in separate pools to farm PIXEL tokens for 10 days. PIXEL will be listed for trading on…
Crypto Analyst Predicts $60,000 Price Target Popular crypto analyst DonAlt believes Bitcoin (BTC) is poised for a significant move, either a breakout or a breakdown. In a recent strategy session, he shared his insights with his YouTube subscribers. Breakout Scenario DonAlt sees Bitcoin breaking out of a key resistance level on the weekly chart, potentially…
A prominent cryptocurrency analyst and trader, known as Bluntz, predicts that a Solana (SOL) ecosystem memecoin, dogwifhat (WIF), could see a massive surge in value. Dogwifhat (WIF) Price Prediction Bluntz, with over 239,000 followers on social media, believes that WIF’s downtrending three-wave pattern on the daily chart may be ending. Using Elliott Wave theory, he…
Ethereum: Holding Above $2400 Could Be the Turning Point Ethereum’s price is holding above the significant $2400 level, potentially indicating a bullish trend. A move to $2500 and above is possible if ETH can maintain its position. Bearish trend formation suggests a potential downside move. Recent developments, such as Solana’s outage and the Godaddy-ENS partnership,…
Crypto Futures Market Experiences Liquidation Squeeze The cryptocurrency futures market has faced a $152 million liquidation squeeze as Bitcoin has surpassed $47,300. Liquidations Dominated by Shorts The past 24 hours have seen significant volatility in the cryptocurrency market, with many coins experiencing positive returns. Bitcoin, in particular, has broken through the $47,000 barrier for the…
Mark Moss, a cryptocurrency enthusiast and radio host, believes Bitcoin is the ultimate indicator of overall market health. He challenges the traditional focus on earnings and economic data, arguing that liquidity is the key metric that moves the market. M2 Money Supply and Bitcoin Positively Correlate Moss points to the stellar record of billionaire investor…
Binance, a prominent cryptocurrency exchange, has released its Proof of Reserves (PoR), providing insights into its holdings of popular digital assets, including Dogecoin (DOGE), Shiba Inu (SHIB), and XRP. Bitcoin and Ethereum Holdings Binance’s Bitcoin (BTC) ratio stands at 102.49%, with a total of 609,477.128 BTC in its treasury and a customer net balance of…
A crypto whale has been on a buying spree, gobbling up nearly $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) since December 21st, according to blockchain tracker Lookonchain. Whale’s Purchases The whale spent 20 million of the stablecoin USDC earlier this week to buy $10 million worth of ETH and $10 million worth…
