Wayne Jones
October 24, 2023
Bitcoin (BTC), Blockchain, Crypto news, Ethereum (ETH)
In the dynamic world of SocialFi, where the battle for supremacy is relentless, a certain Friend.Tech user made waves by dumping 850 ether (ETH) worth of keys on Monday.
This move was followed by a switch to a rival platform, New Bitcoin City (NBC), a social app built on the Bitcoin blockchain.
NBC Surges as Friend.Tech Sees Outflows
This development comes at a critical point for Friend.Tech, which, while initially a trailblazer in the SocialFi space, is now facing stiff...
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Chayanika Deka
October 24, 2023
Altcoins, Bitcoin (BTC), Crypto news
Market sentiment has experienced a significant upturn, with a noticeable trend in digital asset investment products attracting inflows for four consecutive weeks, accumulating a total of $66 million. This recent four-week streak of inflows has now reached $179 million.
Following a recent increase in prices, the total Assets under Management (AuM) have surged by 15% from their September lows, reaching nearly $33 billion, marking the highest point since mid-August, according to...
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Andrew Throuvalas
October 24, 2023
Bitcoin (BTC), Crypto news, Markets
The Depository Trust and Clearing Corporation (DTCC) removed BlackRock’s Bitcoin ETF, iBTC, from its ETF list shortly after its addition on Monday.
Bitcoin’s price dropped by 3% in response, falling from $34,527 to $33,432 within 30 minutes shortly after the removal was noticed.
The drop appears to have triggered $37 million in long liquidations across the crypto market within the past hour, according to CoinGlass.
Bloomberg analyst James Seyffart speculated that the...
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Bitcoin Schweiz News
October 24, 2023
Bitcoin (BTC)
So verhält sich der Bitcoin-Preis im Durschnitt auf die Monate verteilt. Gemäss dieser Statistik übertrifft der Pumpvember den Uptober sogar noch um Welten. Jedes Jahr beobachten Finanz- und Krypto-Enthusiasten gespannt die Entwicklungen auf den Märkten, um Anzeichen für Trends, Bewegungen und eventuelle Veränderungen zu erkennen. In den letzten Jahren sind Begriffe wie „Uptober“ und „Pumpvember“ immer häufiger in den sozialen Medien und Finanzforen...
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Benjamin Godfrey
October 24, 2023
Bitcoin (BTC), Crypto news
BlackRock has taken an important step forward by obtaining a CUSIP number for its iShares Bitcoin spot ETF.
BlackRock Inc (NYSE: BLK), one of the world’s largest asset managers, recently made headlines by announcing its plans to provide initial “seed” funding for its spot Bitcoin Exchange Traded Fund (ETF).
This strategic move was revealed in its recent securities filings, specifically through the SEC Form S-1, which is the initial registration form required for new securities by public...
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Bitcoin Schweiz News
October 24, 2023
Bitcoin (BTC), Blockchain, Litecoin (LTC)
Der Bitcoin-Preis ist für seine Volatilität bekannt. Wenn der Wert von Bitcoin innerhalb kürzester Zeit sprunghaft ansteigt, möchten viele Anleger von dieser Bewegung profitieren. Hier sind einige Wege, wie man dies tun kann:
Halten und Verkaufen: Wenn Sie bereits Bitcoin besitzen und glauben, dass der Höchststand erreicht ist, können Sie verkaufen und Ihren Gewinn realisieren. Es ist jedoch wichtig, den Markt genau zu beobachten und sich über die Entwicklungen auf dem Laufenden zu halten....
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Temitope Olatunji
October 24, 2023
Bitcoin (BTC), Crypto news, Markets
Bitcoin (BTC) has established strong support between $25,000 and $30,000. Take a look at the next key resistance.
The price of Bitcoin has been steadily rising since October 13, following its inability to break the support level of around $26,000. Since then, it has continued to climb, reaching $35,000 earlier today, a level not seen since May 2022. The move from the support level to $35,000 represents a price increase of over 30% in just two weeks.
The BTC rise has boosted the hopes of...
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Mayowa Adebajo
October 24, 2023
Bitcoin (BTC), Crypto news, Markets
Matrixport says BTC price may even hit the $56,000 mark by the end of the year.
Earlier in the year, crypto financial services company Matrixport had predicted that the $45,000 mark would be the maximum limit to BTC price surge in 2023. However, the firm is now revisiting the old prediction as a lot has changed since that time.
Citing what the Bitcoin market calls the Fear of Missing Out (FOMO) among other factors, Matrixport says BTC price may even hit the $56,000 mark by the end of the...
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Bhushan Akolkar
October 24, 2023
Bitcoin (BTC), Crypto news
BlackRock’s iShares Bitcoin Trust gets listed on the Depository Trust & Clearing Corporation (DTCC), however, analyst predict all approvals to happen at once.
As the crypto community gears up for the arrival of the first spot Bitcoin ETF in the coming months, analysts have been sharing interesting predictions ahead. Expert in crypto ETFs Stuart Barton, the Chief Investment Officer of Volatility Shares, anticipates that all spot Bitcoin exchange-traded fund (ETF) applications submitted...
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Chimamanda U. Martha
October 24, 2023
Bitcoin (BTC), Crypto news, Ethereum (ETH)
Initially submitted on October 2, 2023, the proposal aims to convert the Grayscale Ethereum Trust, the largest Ethereum investment vehicle globally, into an ETF.
In a recent turn of events, the US Securities and Exchange Commission (SEC) has approved Grayscale Investments’ application for a spot Ethereum (ETH) exchange-traded fund (ETF). Sharing the news on Tuesday, Nate Geraci, President of The ETF Store, announced on X (formerly Twitter) that the SEC has officially acknowledged the...
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Bitcoin (BTC)
