Bitcoin’s price is on the verge of making a new all-time high after skyrocketing beyond the $70,000 line earlier this wee, and market participants are wondering how much further BTC will rally. Yet, there is still one obstacle remaining as the asset has retraced below that level. By TradingRage The Daily Chart On the daily chart, BTC has been rallying since its rebound from the $60K support level. It has recently been tested and rejected from the higher boundary of the large...
Read More »ETH vs. ADA: Is Cardano or Ethereum a Better Investment in 2024?
Markets got a big spike in Ethereum price this week on crypto exchanges. What’s behind it and what factors can investors take into consideration to determine whether Ether or its friend Cardano is the better buy? Ethereum has a birthday coming up on July 30. It was launched in 2015 to create a “world computer” with the same Web3 blockchain properties as Bitcoin has for storing cash and making payments. Cardano was launched on September 23, 2017 by initial coin offering (ICO)...
Read More »Uniswap (UNI) Skyrockets by 20% Daily, Pepe (PEPE) Charts New All-Time High (Market Watch)
Bitcoin’s price experienced some enhanced price fluctuations in the past few days, going down to under $66,500 before jumping to just over $69,000 last night. The altcoins are also slightly in the green on a daily scale. UNI has taken the main stage with a massive 20% surge that has driven it to over $10, while PEPE has charted another fresh peak. PEPE New ATH, UNI Skyrockets The most important news in the cryptocurrency industry this week came from the US Securities and...
Read More »Spot Bitcoin ETF Inflows Equal March Record as BTC Price Heads for $69K
Spot Bitcoin ETFs had some hard times at the end of April and especially on May 1, but the trend has changed now with 10 consecutive days of positive flows. This comes as BTC’s price went on a rollercoaster propelled by the news surrounding the Ethereum ETFs, but the asset now heads toward $69,000. The cryptocurrency industry saw a massive milestone in January when the US Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs after a decade...
Read More »Tom Lee: Bitcoin-Preis auf 150’000?
Lee sieht Bitcoin-Kurs bei 150.000 US-Dollar Tom Lee, der CEO von Funstrat, prognostiziert hier in einem Interview einen Bitcoin-Preis von USD 150’000 US-Dollar: $150,000 #Bitcoin this year is our base case. Bitcoin is early in an up-cycle – Fundstrat 👀 pic.twitter.com/V6vFGgKAdV — Bitcoin Archive (@BTC_Archive) May 23, 2024 .. aktuell notiert der Bitcoin-Preis bei 69’000 US-Dollar, gemäss Coinmarketcap.com. Tom Lee von Fundstrat: Der...
Read More »L’homme qui n’a pas inventé Bitcoin
Traduction d’un article de David Yaffe-Bellany publié le 21 mai dans le New York Times. « Pendant une grande partie de son existence, la société crypto nChain a été régie par une règle d’or : ne pas défier Craig Steven Wright, son directeur scientifique. Dans les bureaux londoniens de nChain, le Dr Wright, un informaticien australien, était traité comme une sorte de roi philosophe. Il portait des costumes trois pièces et conduisait...
Read More »Ethereum-Preis: +20 % in einer Woche!
Die US-Börsenaufsicht SEC hat grünes Licht für acht neue ETFs gegeben, die in Ether investieren. Ether ist die zweitgrößte Kryptowährung nach Bitcoin. Firmen wie BlackRock und Fidelity planen solche ETFs. Bevor die ETFs starten können, braucht es noch eine weitere Genehmigung. Der Ether-Preis hat positiv reagiert, wie wir nun Ende Woche sehen: + 20% in nur sieben Tagen! Reuters: The U.S. Securities and Exchange Commission (SEC) on Thursday approved applications from Nasdaq, CBOE and NYSE to...
Read More »Japan’s Metaplanet Stock Skyrockets 158% After Adopting Bitcoin Strategy
Metaplanet, a firm in Japan known as “Japan’s MicroStrategy” on Crypto Twitter, has seen its shares surge 158% over the last week. Following this, trading stock came to a stop for two consecutive days. Meanwhile, the company is now in the lead among Japanese stocks as the highest gainer. Metaplanet’s Bitcoin Strategy Pays Off Metaplanet has gained attention due to its strategy, which has been likened to MicroStrategy’s. Notably, the latter is the largest Bitcoin corporate...
Read More »SEC Approves Ethereum Spot ETFs For Public Trading
The U.S. Securities and Exchange Commission (SEC) has officially greenlighted Ether spot ETFs to trade on national securities exchanges. Multiple 19b-4 applications to list the product were approved on Thursday, just days after the SEC began rapidly engaging with issuers on the matter in an unexpected positive turn for the crypto industry. Ether ETFs Are On The Way The approval follows the arrival of Bitcoin spot ETFs in January, which launched one day after the SEC’s...
Read More »U.S. House Votes To Ban Central Bank Digital Currency From Federal Reserve
The United States House of Representatives voted on Thursday in favor of barring the Federal Reserve from directly issuing a Central Bank Digital Currency (CBDC) to its citizens. The CBDC Anti-Surveillance State Act bill garnered support from 213 Republicans and 3 Democrats, making the final tally 262 ‘yea’ to 192 ‘nay’. Republicans Pass Another Crypto Bill The bill, introduced by pro-crypto Rep. Tom Emmer (R-MN), marks the third crypto-focused legislation approved by...
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