Source: AdobeStock/24K-Production Analysts at financial services firm Cantor Fitzgerald believe the long-awaited spot Bitcoin ( BTC) exchange-traded fund (ETF) is inching closer to reality. The company, known for its prime brokerage and investment banking services, has grown confident in the approval of applications from asset managers seeking to launch a spot ETF for Bitcoin, as…
Read more
In the ever-volatile world of cryptocurrency, Bitcoin has once again shown its resilience, with bullish traders maintaining the iconic coin’s price firmly above the $34,000 threshold. In the past 24 hours, it has witnessed a trading volume of an astounding $18.37 billion, although it faced a slight dip of 2%. Despite these fluctuations, Bitcoin’s supremacy…
Read more
Amidst the tumult of global markets reacting to the Israel-Hamas conflict, Bitcoin stands resilient. As of Saturday, the premier cryptocurrency is trading at $34,126, marking a modest increase of nearly 0.10%. This stability in the face of geopolitical unrest emphasizes Bitcoin’s growing role as a potential hedge against traditional market volatility. Further bolstering its position,…
Read more
Santiment, a leading blockchain intelligence platform, has recently provided insights pointing to a favorable short-term scenario for Bitcoin (BTC). However, according to other signals that seem ‘hidden,’ there’s a catch. These on-chain metrics can serve as the north star for investors looking to strategize their next steps. However, according to another metric, though recent revelations…
Read more
Over the last month, Bitcoin’s price has seen a significant surge. Its price has increased by 30%, reaching a new yearly high of $35,000, 10% above its previous peak this year. Interestingly, while the growth of Bitcoin is clear to see, the broader cryptocurrency market hasn’t quite managed to keep up. Altcoin Market Cap The…
Read more
Source: Adobe / Luisa Digital assets under management have soared by 6.74% to $31.7 billion after a string of positive developments amid wider market uncertainties. A new market report released by CCData shows growth in crypto-related products, key activities, and a review of trading activities in the wake of plunging CEX volumes among others. The…
Read more
The price of Bitcoin stands firm around the critical area of $34,000, hinting at further bullish potential. However, market analysts wonder if enough clues point to the upside or if BTC will return to $20,000. As of this writing, BTC trades at $34,150 with sideways movement in the last 24 hours. The cryptocurrency recorded a…
Read more
Bitcoin rallied above $35,000 on the back of the euphoria of the possible approval of a Spot Bitcoin ETF. Although the rally seems to have cooled off, a particular crypto analyst’s prediction suggests that the bulls could enjoy total dominance soon enough in what will see the flagship cryptocurrency rise to $45,000. Bitcoin’s Incoming Phase…
Read more
Predicting the Bitcoin price movements and when altcoin prices will rally again is not a small feat but one analyst has managed to do so. Crypto analyst TonyTheBull has been calling for a bull market, saying that this cycle differs from previous ones in the fact that there will be a rally this year. This…
Read more
Bitcoin , the pioneering cryptocurrency, remains strong on Thursday morning, comfortably hovering around the $34,000 mark. The total market cap of all digital currencies has climbed to an impressive $1.27 trillion, reflecting a 1.33% increase over the last 24 hours. Over the past week, Bitcoin has showcased a formidable rally, registering a 23% spike and…
Read more
