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Here’s What To Know On Grayscale Bitcoin & Ethereum ETF Spinoffs – Details

Crypto

Prominent asset manager Grayscale Investments is set to launch spinoffs of their Grayscale Ethereum Trust’s (ETHE) and Grayscale Bitcoin Trust (GBTC) exchange-traded funds (ETF). Following inquiries by market spectators and potential investors, Bloomberg analyst James Seyffart has provided much insight into the nature and operation of these spinoffs. Grayscale ETF Spinoff Based On 90-10% Sharing…

Here’s What To Know On Grayscale Bitcoin & Ethereum ETF Spinoffs – Details Read More »

Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000

Bitcoin

A crypto analyst has maintained a strong bullish stance for Bitcoin (BTC), predicting that the pioneer cryptocurrency is heading towards a fresh all-time high of $100,000. The analyst has shared several factors that could propel Bitcoin to this lofty price target.  Bitcoin To Hit $100,000 In 2024 On July 19, crypto analyst Scott Melker, also…

Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000 Read More »

Bitcoin Price Skyrockets To $66,000 Amid Global IT Outage

Bitcoin News

The Bitcoin price has quickly recovered from its recent dip to a six-month low of $53,500 on July 5th, reclaiming the $66,000 level and setting its sights on retesting its all-time high of $73,700 reached in March. This resurgence comes as major airlines, medical facilities, corporations, and police forces worldwide grapple with a massive information technology…

Bitcoin Price Skyrockets To $66,000 Amid Global IT Outage Read More »

Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations

Bitcoin News

While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox distribution and sales by the German government, Bitcoin’s price remains notably resilient. These developments indicate…

Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations Read More »

Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges

Binance

Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price recovery for the exchange’s native token, Binance Coin (BNB), pushing it toward the $600 level.  Court Grants…

Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges Read More »

Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In

Altcoin

The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins. A computer engineer has given his opinion on this burn mechanism, revealing between Shiba Inu and LUNC, which will likely reach their desired goal of $0.01.  Will Shiba Inu…

Can Burns Send The Shiba Inu And LUNC Price To $0.01? Expert Chimes In Read More »

Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details

Cryptocurrency Market News

Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Crypto Community Clueless On Meeting Cancellation There has been an obvious shakeup in the cryptocurrency market…

Analyst Upbeat On XRP Rally Despite SEC Meeting Cancellation – Details Read More »

Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next

Bitcoin

A market strategist has declared that Bitcoin (BTC), the world’s largest cryptocurrency, has finally concluded its downtrend. According to the strategist, Bitcoin may be heading to a new price target, driven by the positive shift in its market value.  Bitcoin Downtrend Is Over A crypto analyst identified as ‘Rekt Capital’ on X (formerly Twitter) has…

Market Strategist Says Bitcoin Downtrend Is Finally Over, Here’s Where Price Is Headed Next Read More »

Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts

Cryptocurrency Market News

As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become less optimistic that Bitcoin may rise beyond its historic high of $73,750, which it last touched on March 14.…

Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts Read More »

Shiba Inu Price Drops 10% As 5 Trillion SHIB Flood To Exchanges Following WazirX’s Exploit

Shiba Inu

WazirX, one of India’s largest cryptocurrency exchanges, suffered a security breach on Thursday that resulted in the loss of $230 million, nearly half of its reserves. The exchange referred to the incident as a “force majeure event.” However, the repercussions extend beyond WazirX alone, casting a shadow of uncertainty over Shiba Inu (SHIB) holders. Panic…

Shiba Inu Price Drops 10% As 5 Trillion SHIB Flood To Exchanges Following WazirX’s Exploit Read More »

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