Bitcoin (BTC)

Before the green light for spot Bitcoin exchange-traded funds (ETFs), the crypto sphere anticipated a bullish surge. Even with the leading asset surpassing the $49,000 mark after the US Securities and Exchange Commission’s (SEC) green signal for 11 spot BTC ETFs, prices took a downturn following the trading debut of eight of them. Hovering below $43,000, Bitcoin appears to have been trapped within a tight trading range for more than two weeks now. As such, miners resorted to...

CoinspeakerDelegate and LayerZero Introduce Naming Protocol Clusters In parallel to the Clusters launch, LayerZero has announced its intention to airdrop 12 million $ZRO tokens in the first half of 2024. Delegate and LayerZero Introduce Naming Protocol Clusters

Analysts from multi-national bank Standard Chartered believe Ethereum could reach $4K by the end of 2024, spearheaded by approvals of Ethereum spot ETFs in the United States. The analysts, led by Standard Chartered’s head of forex and digital assets research, Geoffrey Kendrick, highlight 23 May 2024 as a critical date the SEC may approve the ETFs, following a similar timeline to the Bitcoin ETFs. Kendrick Believes Spot ETFs Will Bolster Ethereum’s 2024 Price Geoffrey...

EOS price started a fresh decline after it failed to clear $0.735 against the US Dollar. The price is now trading below $0.720 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.710 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.7000 and $0.7200 resistance levels. EOS price is struggling below $0.700 against the US Dollar,...

CoinspeakerSpot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance Spot BTC ETFs enjoy bullish momentum based on consecutive cumulative net inflows despite BTC's short-term pullback after the US Fed’s rate decision. Spot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance

CoinspeakerEl Salvador to Maintain Support for Bitcoin Post-Election The vice president added that if reelected, Bukele’s government will proceed with plans to launch Bitcoin-backed bonds this quarter. El Salvador to Maintain Support for Bitcoin Post-Election

CoinspeakerBlackRock Proposes Bitcoin ETF Ads on Former Banks Ads for BlackRock’s Bitcoin ETF will be projected onto closed bank buildings, as per a new filing. The ads will show major milestones in the financial world, including the creation of Bitcoin. BlackRock Proposes Bitcoin ETF Ads on Former Banks

CoinspeakerARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015 Cathie Wood-led Ark Invest believes Bitcoin price will rally exponentially in the confirmed bull cycle as more investable global assets amounting to $250 trillion proliferate to the digital asset class. ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%, Up from 0.5% in 2015

CoinspeakerArthur Hayes: Bailout Imminent as NYCB Announces ‘Surprise’ Loss, BTC to Rally Hayes revealed that a weekend bailout could impact the price action of Bitcoin. Arthur Hayes: Bailout Imminent as NYCB Announces ‘Surprise’ Loss, BTC to Rally

Litecoin started a fresh decline from the $72.50 resistance zone against the US Dollar. LTC price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $67.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $64.20 support zone. Litecoin price is struggling below $70.00 against the US Dollar, like...