Crypto market participants are moving to the sidelines, leading to low activity in the derivatives market as the date for the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin exchange-traded funds (ETF) approaches. According to a weekly report from market intelligence platform CryptoQuant, the decline in derivatives market activity is due to the rising costs of opening long positions and the spike in profit-taking among investors. Sell Orders Dominate...
Read More »Bitcoin Dominance Soars as These Altcoins Bleed Out (Weekend Watch)
Bitcoin faced enhanced volatility on Friday as well, dumping in minutes to $42,600 before jumping to $44,400 and ultimately settling below $44,000. Many altcoins have charted massive price declines over the past 24 hours, with AVAX, ADA, SOL, and LINK leading this adverse trend. Dominance on the Rise: Bitcoin Although it has been less than a week since the start of the new year, BTC has already recorded several massive price movements in either direction. It all started on...
Read More »Here’s When the SEC Will Approve a Spot Bitcoin ETF, According to Perplexity AI
The Securities and Exchange Commission has been in the crypto community’s minds for the past few years, mainly due to the attacks it launched against numerous companies and projects. Now, though, the agency is expected to finally greenlight a spot Bitcoin ETF in the US after a decade of rejecting all proposals. ETF Next Week? The start of the new year began a lot of hope for crypto investors and all the companies that have filed with the SEC to launch a spot BTC ETF in the...
Read More »Une nouvelle étape vers les ETF Bitcoin spot
Selon Bloomberg, la Securities and Exchange Commission aurait indiqué à plusieurs émetteurs cherchant à coter les ETF Bitcoin au comptant de finaliser leur demande vendredi, sans formuler de nouveaux commentaires sur les dernières modifications apportées. Il est donc possible que les demandeurs, qui ont aligné leurs propositions sur les directives de la SEC, ont enfin satisfait les demandes du...
Read More »VanEck Will Donate 5% Of Bitcoin ETF Profits To Core Developers
Bitcoin ETF applicant VanEck has pledged to donate 5% of its fund’s profits to Bitcoin Core developers, pending approval to launch by the U.S. Securities and Exchange Commission (SEC). The commitment could serve as a major lifeline for developers of the first crypto network, who are known to suffer a dearth of funding or financial incentive for their work. VanEck’s Bitcoin Promise VanEck has been an active ETF and mutual fund manager since 1955, holding $76.4 billion in...
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Réalisation : Richard Détente pour Grand Angle Crypto
Read More »Cyqur Launches a Revolutionary Password Manager for Unmatched Cyber Data Security
[PRESS RELEASE – Dublin, Ireland, January 5th, 2024] The web extension, patented in the U.S. and U.K., is now available for pre-order in a limited, pre-sale event. Lack of online data security globally In today’s almost entirely digitised, cyber world, it’s imperative that private data and passwords remain secure and protected at all times. According to Business Insider (2022), Bitcoin investors are likely to lose up to $545 million in 2023, owing to various reasons like...
Read More »These Crypto Exchanges Will Support the Upcoming Bitcoin Jubilee Upgrade
Several crypto exchanges have joined the Bitcoin Ordinals solutions provider, UniSat Wallet, to support the upcoming BRC-20 Ordinals Jubilee upgrade amid growing friction within the BTC community. According to an official announcement, KuCoin will be among those. The exchange’s decision comes within 24 hours after OKX informed the crypto community about its support as well. Both platforms will suspend deposits and withdrawals of BRC-20 tokens by 10:00 am UTC on January 5, to...
Read More »COQ Thrusts Avalanche To Limelight, Will NUGX Presale Attract Conservative Whales: What’s Going On?
The surge in crypto activity in late 2023 benefited Avalanche (AVAX) and NuggetRush (NUGX). Specifically, Avalanche, the modern, fourth-generation blockchain, reversed losses and emerged as one of the top-performing coins, even better than Ethereum (ETH) and Bitcoin (BTC), partly because of the success of COQ, a meme coin similar to PepeCoin (PEPE). On the other hand, as Ethereum’s decentralized finance (DeFi) and non-fungible token (NFT) activity recovered, investors have...
Read More »Bitcoin Rollecoasters Above $43K as Spot BTC ETF Decision Looms: This Week’s Market Update
This week has been quite eventful in terms of Bitcoin’s price action. In general, the total market capitalization increased by some $20 billion, which came on the back of a slight uptick in BTC. Most of the altcoins are trading in the red, so let’s have a look at what happened. First things first, Bitcoin is currently sitting at slightly below $44K, registering an increase of 2% for the past seven days. This also makes it the best performer from the top 10… by far. The week...
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