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Bitcoin (BTC)

Crypto Exchanges Seeking to Tap on Vast Indonesian Market Must Register with Commodity Future Exchange (CFX)

The Indonesian government is keen to protect crypto investors from exploitative exchanges and ensure optimal tax collection. The high demand for digital assets and Web3 products in Indonesia has seen registered users surpass more than 18 million, compared to 12 million traditional stock traders. With the number of crypto users expected to grow exponentially in the coming years, the Indonesian government has been preparing to tap into the blockchain and the nascent industry to grow its...

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The Saga Phone: Will Its Price Also Explode Like BONK While GFOX Presale Heads for $2 Million

Crypto has shocked the world yet again, and as open interest heats up, it is clear that risk-on market participants will be active in the coming two years. Speculative appetite is up, and following the Bitcoin ($BTC) Spot ETF anticipation, dramatic industry repricing is somewhat expected. Elsewhere, it seems that anybody who bought a Solana ($SOL) Saga seems to be in for a nice surprise. The reason behind is that each phone came with a certain number of BONK, which is...

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10x Analyst Warns MicroStrategy Stock Is Overvalued by 26%

The new 10x’s research extends beyond MicroStrategy, highlighting that several crypto-related stocks are trading close to fair value based on BTC price. In a recent report released by 10x Research, the company has raised concerns about the overvaluation of MicroStrategy Inc (NASDAQ: MSTR) shares. The research was led by Markus Thielen, the analyst who accurately predicted this year’s Bitcoin (BTC) rally. According to him, despite MSTR’s impressive 343% surge this year, the business...

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Cathie Wood’s Ark Invest Sells Coinbase and GBTC Shares to Buy ProShares Bitcoin ETF (BITO)

Ark Invest purchased $92 million worth of ProShares Bitcoin Strategy ETF (BITO) and 4,320,928 units of the US Bitcoin futures-linked ETF. Cathie Wood’s asset management firm Ark Invest has actively engaged in portfolio rebalancing this year amid a surge in stock prices of crypto firms. In the latest development on Wednesday, December 27, Ark Invest divested its Coinbase holdings and all of its GBTC holdings. In a recent trade filing, the company led by Cathie Wood revealed the sale of...

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Bitcoin Miner Marathon Digital (MARA) Stock Tops US Trading Charts

Marathon Digital and Riot Platforms, sensing the potential for increased demand, have made strategic moves to fortify their positions in the market. In the last 24 hours, Marathon Digital Holdings Inc (NASDAQ: MARA) has witnessed a remarkable 105 million shares in trading volume, surpassing established blue-chip stocks such as Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL), and Amazon.com Inc (NASDAQ: AMZN), according to data from Yahoo Finance. Marathon Digital Shares Records Rising...

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EOS Price Analysis: Rally Extends, Bulls Aim For $1

EOS price started a fresh increase above the $0.78 resistance against the US Dollar. The price is now trading above $0.80 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.855 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.920 and $0.950 resistance levels. EOS price is rising above $0.800 against the US Dollar, like Bitcoin. The...

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Litecoin (LTC) Price Analysis: Bulls Could Gain Strength Above This Hurdle

Litecoin is gaining pace above the $73.50 resistance against the US Dollar. LTC price is now trading above $74.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $72.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $76.80 and $78.00 resistance levels. Litecoin price is recovering from the $72.00 zone against the US Dollar,...

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Exploring the Future of Cryptocurrencies With Australia’s Veteran Bitcoin Exchange

The initial rate of 1 bitcoin was about $0.0009. BTC had a peak value of over $65,000 in 2021. Many people look back at the Bitcoin price from years ago and regret not buying, but investing in hindsight, is always easy. We have lived through the rise and fall of cryptocurrencies again and again. With every piece of news affecting the value of crypto positively or negatively, you may need Santa to give you a wishing sock for New Year’s. Over 14 years since its inception, the...

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Taproot Wizards Contributor Rijndael Offers Christmas Gift to Bitcoin Ordinals Critics

The rise and triumph of the Ordinals in 2023 have provoked the ire of Bitcoin maximalists. The surge in transaction fees, in particular, has heightened tensions between the two factions of the Bitcoin community. In an unexpected turn of events, a contributor to Taproot Wizards, a collection featuring inscriptions by Bitcoin Ordinals, claims to have devised a method for Bitcoin enthusiasts to disapprove of Ordinals inscriptions. Script to Reject Ordnals on Bitcoin According to...

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Qu’est-ce qu’un ETF Bitcoin et quels sont ses enjeux ?

ETF est l’acronyme de « Exchange Traded Fund« , que l’on traduit généralement en français par Fonds négocié en Bourse. Un ETF est un type d’instrument financier dont l’objectif est de suivre le plus fidèlement possible la performance d’un indice boursier. Il fonctionne comme un fonds d’investissement traditionnel, à la différence près qu’il est coté en bourse et se négocie comme une action. Concrètement, un ETF est constitué en...

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