Bitcoin has become the talk of the town, sparking heated discussions in both traditional and cryptocurrency investment circles. Recently, the US Securities and Exchange Commission (SEC) gave the nod to several spot Bitcoin ETFs (exchange-traded funds), adding fuel to the speculative fire. The ETF Game Changer The approval of spot Bitcoin ETFs is being hailed…
In a recent development, Ethereum co-founder Vitalik Buterin openly praised Optimism (OP), the layer-2 scaling solution for Ethereum, along with its Retroactive Public Goods Funding (RetroPGF) program. Impressive Rewards for Positive Contributions RetroPGF, the initiative designed to incentivize activities that bolster the growth and acceptance of Optimism, such as developing decentralized applications, offering grants, creating…
So, guess what’s making a roaring comeback in the digital world? Non-fungible tokens, or NFTs, are back in action, and they’ve got the numbers to prove it. It seems like the positive vibes from the crypto market and the green light for 11 spot Bitcoin exchange-traded funds (ETFs) have worked their magic. According to the…
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…
