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Bitcoin (BTC)

Grayscale Launches Mini Spot Bitcoin ETF at ‘Ultra-Low’ 0.15% Fee

The crypto investment management company has launched a new product called the Grayscale Bitcoin Mini Trust, which has the ticker $BTC. The new offering, endorsed as a spin-off of Grayscale’s Bitcoin exchange-traded fund (ETF) GBTC, has a competitive, “ultra-low” fee of 0.15%. Grayscale’s New Spin-Off Fund Months ago, Grayscale filed for the Mini Trust fund with the United States Securities and Exchange Commission (SEC). The firm describes this spin-off product as a new fund...

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Ripple (XRP) and Solana (SOL) are Among the Top-Trending Cryptocurrencies Lately: Details

TL;DR BTC, XRP, and SOL are some of the top-trending digital currencies recently due to important factors that have sparked heated discussions. Other widely-discussed tokens as of late include Ethereum (ETH), Chainlink (LINK), and others. These are the Leaders The cryptocurrency market has passed through enhanced volatility in the past few days, affecting investor sentiment. Bitcoin (BTC), for one, reached a price of almost $70,000 on July 29 before plummeting below $66,000...

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BlackRock Solana ETF Not Happening Anytime Soon, CIO Confirms

BlackRock has confirmed it has no plans to launch a Solana (SOL) ETF anytime soon, despite the roaring success of its Bitcoin and Ethereum spot ETFs launched this year. The company’s dismissal of small-cap altcoins leaves room for other asset managers to compete in this area, with some already filing to launch the product. BlackRock’s Take On A Solana ETF During a Tuesday interview with Bloomberg, BlackRock CIO Samara Cohen said a BlackRock Solana ETF launch is “not in the...

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WisdomTree CEO Lists 3 Reasons Why Bitcoin Will See Mass Adoption Soon

In a recent interview with CNBC, WisdomTree CEO Jonathan Steinberg shared his optimistic outlook on the future of Bitcoin and cryptocurrencies, predicting their mainstream adoption within the next few years. Steinberg cited regulatory clarity, the emergence of publicly traded crypto funds, and the tokenization of real-world assets (RWAs) as the main drivers of this trend. Regulatory Clarity During the July 29 interview, Steinberg spoke of the impact of former President Donald...

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Blinks, AI, Ignition: Bybit’s Star-Studded Livestream to Set Web3 on Fire

[PRESS RELEASE – Dubai, United Arab Emirates, July 30th, 2024] Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will host Web3 experts to discuss “Blinks, AI, Ignition: Bridging Web3 and Web2.” This livestream will take place on Jul. 31, 2024, at 10AM UTC, and will focus on new crypto innovations that embed blockchain apps in traditional digital environments like Facebook, Twitter, et al with new crypto payment rails, unlocking productivity and...

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Bitcoin Price Analysis: How Deep Can This Correction Go as BTC Dips Below $66K?

Following an impulsive rally, Bitcoin lost its bullish momentum upon reaching the $70K threshold, indicating the presence of sellers in the market. Nevertheless, considering that the price is hovering above the crucial 100-day MA, the continuation of the consolidation stage seems possible in the short term before initiating the next move. Technical Analysis By Shayan The Daily Chart A detailed analysis of Bitcoin’s daily chart reveals that after decisively breaking above the...

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Key Shiba Inu Metrics Skyrocket Today: SHIB Price Rally Incoming?

TL;DR Shiba Inu’s price dipped by 3% daily, but the increase of some important indicators part of the ecosystem suggest a potential rally. Some analysts predict a bullish future for the meme coin based on technical indicators like the RSI, while others foresee a bearish outcome. The Indicators’ Explosion The cryptocurrency market plunged substantially in the last 24 hours following the news that the US government moved $2 billion worth of its bitcoin (BTC) holdings to...

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