With bitcoin trading higher amid rising anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S., investor moods have clearly shifted. The index measuring the balance between fear and greed emotions of participants in the crypto market entered the green zone of the scale this week. Crypto Fear and Greed Index Registers Bullish…
Read more
Bitcoin price (BTC) is currently displaying a significant uptrend, showing no signs of slowing down. The cryptocurrency has already begun its fifth bull run, with impressive price targets anticipated in the coming year. A recent report from Matrixport highlights BTC’s history of four distinct bull market cycles, each driven by a unique narrative. However, the…
Read more
On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in cryptocurrencies to Binance earlier in the day. FTX Mobilizes Millions in Crypto to Centralized Exchanges in Second Major Move…
Read more
Dogecoin was one of Thursday’s big movers, as the cryptocurrency climbed by as much as 10% in today’s session. The surge in price comes as traders look to find opportunities in riskier crypto assets, with the meme coin realm ticking this box. Shiba inu also gained, reaching its highest point in over two months. Dogecoin…
Read more
According to statistics on October 26, 2023, the meme coin crypto economy has risen nearly 10% against the U.S. dollar in the past 24 hours. The top five meme tokens, including dogecoin, shiba inu, pepe, floki, and baby doge coin, have risen between 7% and more than 28% in the last day. Meme Coins Enjoy…
Read more
After a brief spell above $35,000 late on Wednesday, bitcoin retreated below this level during today’s session. Despite the decline, the cryptocurrency continues to trade close to an 18-month high on Thursday. Ethereum rose back above the $1,800 level. Bitcoin Bitcoin once again fell below the $35,000 level on Thursday, after a brief stint above…
Read more
Solana is on the climb as crypto markets flip bullish, but as SOL sits atop a 38% price gain, could Bitcoin retracement trigger downside? Or, is Solana set to breakout? Price action is in an ongoing battle to secure a foothold at freshly reclaimed support around $32.25, yet, this comes as a challenging time for…
Read more
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this new law, on and after July 2025, crypto companies and everyone…
Read more
A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regulator will approve one or more of the proposals that are currently under review. Galaxy Digital Sees…
Read more
According to Pengyu Wang, the founder of Particle Network, developer solutions known as zero-knowledge wallet-as-a-service (ZK-WaaS) embody Web3 principles and “are highly performant” which in turn makes them “an evergreen solution that will become the industry standard.” Wang also points to how zero-knowledge technology helps ensure a core principle of Web3, asset sovereignty for end…
Read more
