Avalanche (AVAX) has hit a stumbling block after its 2023 high of almost $50 on December 24. The decline peaked on January 8, but since then, there’s been an upward shift in the AVAX price. Avalanche’s Slide Before the $50 Mark AVAX witnessed a rapid surge starting in September 2023. In just 90 days, its…
on January 11, 2024, Michael Novogratz, the big boss at Galaxy Digital, had a chat with CNBC’s “Squawk Box,” and boy, did he spill the beans on some interesting stuff for all the Bitcoin buffs out there. Bitcoin ETFs – Not Just One, but Two or Three Big Shots Novogratz had this hot take that…
After a decade of persistent efforts, spot bitcoin ETFs have finally received approval in the U.S., marking a significant milestone in the cryptocurrency realm. The exciting part? They’re set to hit the U.S. markets on Thursday morning, with the NYSE, Cboe Global Markets, and Nasdaq orchestrating the debut, complemented by support from major trading firms…
So, picture this: the European Central Bank (ECB) is diving headfirst into the world of digital currency with the digital euro. They’ve recently thrown open the doors for vendors to step up to the plate and provide those must-have services, marking a solid step in making the digital euro a reality. The ECB’s been on…
Cryptocurrency enthusiasts are always on the lookout for promising chances, especially during market downturns. Recently, the MVRV (market-value-to-realized-value) ratio has caught the attention of many, pointing out several cryptocurrencies that seem notably undervalued. The Gems in the Shadows The MVRV ratio, comparing a crypto’s market capitalization to its realized capitalization, gives us a glimpse of…
Joseph Lubin, the co-founder of Ethereum and CEO of Consensys, is optimistic about the massive influx of capital waiting on the sidelines for the introduction of crypto exchange-traded funds (ETFs). In a recent chat with CNBC, Lubin shared insights into the substantial amount of money, possibly in the hundreds of billions, held by professionals in…
So, you know that bogus tweet about the SEC green-lighting Bitcoin ETFs? Well, turns out, it’s now a legit piece of Bitcoin history. Gary Gensler, the SEC Commissioner, spilled the beans that their Twitter account got a bit too cozy with hackers, leading to a false alarm on Bitcoin ETF approvals. The aftermath? Bitcoin’s value…
So, imagine this: Bitcoin skyrocketing to a staggering $1 million in just a matter of days or weeks. Sounds wild, right? Well, that’s the bold prediction from Samson Mow, the CEO of JAN3. And before you dismiss it as pure speculation, Mow argues that Bitcoin’s knack for defying expectations is precisely what makes this meteoric…
So, here’s the scoop from Cathie Wood, the big shot at ARK Invest. According to her, once the big players in the financial game get their hands on a Bitcoin exchange-traded fund (ETF), we might see the price of Bitcoin soaring. She spilled the beans in a recent chat with CNBC, where she casually mused…
So, let’s talk crypto! The past day has been a rollercoaster of excitement, with various digital currencies grabbing the spotlight for their noteworthy moves in the market. The Cryptocurrency Buzz According to the buzz on social media, a bunch of cryptocurrencies has been causing quite a stir in the last 24 hours. A data scoop…
