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Bitcoin (BTC)

The Hidden Risk Of Bitcoin ETFs Nobody Is Talking About

Custodia Bank CEO Caitlin Long claims there’s a “hidden risk” surrounding a handful of Bitcoin ETFs eyeing imminent launch in the United States, following BlackRock’s recently updated S-1 filing. According to the founder, sponsors may attempt to generate more profit from their funds using securities lending, which “can pose a lot of hidden risk to investors.” The Threat Of Securities Lending Long’s concerns swelled in response to an apparent race to the bottom on management...

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Bitcoin Price Explodes To $47k As BTC ETF Approval Deadline Looms

Bitcoin (BTC) just reclaimed $47,000 for the first time since March 2022, shortly after multiple Bitcoin ETF applicants filed finalized updates for their S-1 forms with the Securities and Exchange Commission (SEC). As of Monday, Bitcoin is up 6.63% on the day, and over 10% since January 1. It trades for $47,130 at writing time. Over $136 million in shorts on crypto trades have been liquidated in the past 24 hours, according to Coinglass. That includes 124,000 traders, on...

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Bizarre Week in Crypto: $66,000 Spent to Inscribe Secret Message on Bitcoin

Peculiar occurrences have unfolded just one week into 2024. In a bizarre turn of events within the crypto industry, an anonymous wallet spent 1.5 BTC to inscribe encrypted data onto the Bitcoin blockchain. Through 332 transactions, the wallet exhausted BTC equivalent to $66,000 at current market prices, embedding nearly 9 megabytes of encrypted data into the blockchain. Is this just a coincidental burst of activity, or is there a deeper motive at play? With the anticipation...

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Is Bitcoin on the Verge of a Massive Rally Following the Surge to $46K? (BTC Price Analysis)

Bitcoin’s price is continuing its gradual rise toward the $48K resistance level following a few weeks of consolidation. While the trend lacks momentum, the price might be about to begin an aggressive rally higher. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been consolidating above the $40K level for the last few weeks. However, it is climbing higher, approaching the $48K resistance zone. Meanwhile, the Relative Strength Index is...

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Interim CEO’s Departure Sends Argo Blockchain Shares Tumbling 8%

Argo Blockchain’s Nasdaq-listed shares (ARBK) experienced an 8.38% decline after the departure of its interim CEO and COO, Seif El-Bakly. According to data from the stock exchange, the drop saw the shares plummet to $3.50, significantly reducing the firm’s market capitalization to $183.7 million. Argo Blockchain Announces El-Bakly’s Departure According to the January 8 Operation Update report, El-Bakly, who had been at the helm of the company since February 2023 after the...

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Les recommandations ultimes du professeur Gensler

Garry Gensler, président de la Securities and Exchange Commission, vient de publier un fil Twitter s’adressant notamment aux investisseurs en « crypto asset securities ». L’information implicite à retenir c’est que l’approbation des ETF Bitcoin spot aux Etats-Unis est sans doute imminente. « Quelques éléments à garder à l’esprit si vous envisagez d’investir dans des actifs crypto :1. Ceux qui...

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Bitcoin (BTC) Price to Decline in Next 2 Weeks: Matrixport

Matrixport has issued a warning predicting a 7% decline for Bitcoin in the next two weeks, citing that “one of its trading signals” has turned bearish for the first time since August 2023. This cautionary outlook from Matrixport follows previous statements by the company’s analysts, who anticipate that the U.S. Securities and Exchange Commission (SEC) will reject all spot Bitcoin (BTC) exchange-traded funds (ETFs) in January. Matrixport Issues Price Drop Warning In a blog...

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Stellar Lumen (XLM) Price Turns Red Below $0.12 and Might Extend Losses

Stellar lumen price is gaining pace below the $0.120 support zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $0.1180 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1115 support zone in the near term. Stellar lumen price is trading below $0.1200 against the US Dollar, like Bitcoin. XLM price could...

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Bitcoin Meetup à Rennes

Le collectif Breitz bitcoin invite les passionnés, tous ceux qui veulent en savoir plus ou simplement découvrir Bitcoin pour la première fois, à se réunir au Hangar à Rennes. Où ? – Au bar-restaurant Le Hangar, 1 rue de Dinan à Rennes Quand ? – Mardi 9 janvier à partir de 19h30 Le Hangar accepte le bitcoin (on-chain + Lightning) En savoir plus : https://twitter.com/BreizhBitcoin –...

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XRP Price Analysis: XRP At Risk of Fresh Decline

XRP price started a fresh decline from the $0.600 resistance against the US dollar. The price is now trading below $0.585 and the 55 simple moving average (4 hours). There is a key declining channel forming with resistance near $0.5715 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.532 support zone. XRP price is struggling below $0.600 against the US Dollar, unlike Bitcoin. The price could...

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