Crypto news

Inflows from the new spot Bitcoin exchange-traded funds (ETFs) are the major reason BTC has experienced a significant uptick, surpassing the $50,000 level and exceeding $52,000. According to a tweet by Marc van der Chijs, Bitcoin investor and founder of several crypto firms, including miner Hut 8, ETF issuers are buying more than 10-12x the amount of BTC produced daily, and this is leading to a 2% price increase, which is roughly $1,000, per day. ETFs’ Impact on BTC’s Price...

After experiencing heightened buying pressure and a robust surge, Bitcoin’s price has breached a significant resistance region, notably the psychological threshold of $50K and the upper boundary of the multi-month ascending channel. This signals a notable bull market, with investors eyeing the possibility of Bitcoin reaching new all-time highs in 2024. Technical Analysis By Shayan The Daily Chart Upon careful examination of the daily chart, it’s clear that Bitcoin’s price has...

[PRESS RELEASE – Singapore, Singapore, February 15th, 2024] Cloudax.io announces the official launch of its pioneering platform, marking a significant milestone in the evolution of digital content monetization. By seamlessly integrating content access and monetization, Cloudax.io sets a new standard in the Web3 landscape, revolutionizing the traditional Web2 experience. Empowering Content Creators and Consumers Cloudax.io prioritizes user privacy and creator profitability,...

Bitcoin climbed by nearly 20% this week, surpassing the $1 trillion market cap for the first time since November 2021, owing to the continued inflows to the newly launched spot ETFs earlier this year. Following this milestone, BTC hit an all-time high against a few depreciating fiat currencies, including the Japanese Yen. In fact, Bitcoin surged to a fresh peak of 7.9 million Yen on the Tokyo-based cryptocurrency exchange bitFLYER. In comparison, its price in USD remained...

[unable to retrieve full-text content]CoinspeakerInvestors Place Record-Breaking Bullish Bets on Solana’s SOL Futures SOL's upward trajectory might continue for a while longer, supported by the broader market conditions, despite still being 55% below its all-time high. Investors Place Record-Breaking Bullish Bets on Solana’s SOL Futures

[unable to retrieve full-text content]CoinspeakerBinance Labs Announces First Batch of Investments in Season 6 Incubation Program Of 12 projects announced to participate in sixth season of Binance Labs' incubation program, three have been selected as the first batch. Binance Labs Announces First Batch of Investments in Season 6 Incubation Program

[unable to retrieve full-text content]CoinspeakerQuickNode’s Latest Move Boosts Enterprise Data Privacy with zkSync Hyperchains Hyperchains on QuickNode will allow enterprises and clients to highly scale their solutions. QuickNode’s Latest Move Boosts Enterprise Data Privacy with zkSync Hyperchains

After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, Chainalysis revealed that YoMix, a Bitcoin mixer, has stepped in as an alternative. Recent discoveries by the blockchain analysis firm show that a wallet linked to North Korean hacking operations received funds from YoMix, whereas it used to receive funds from Sinbad. Lazarus Group Shifts Mixer Tactics Sophisticated cybercriminal groups like Lazarus Group have...

Whether you’re new or a seasoned DeFi user, chances are you have heard the term airdrops every now and then. That’s because airdrops are a popular marketing strategy for DeFi protocols and crypto companies for several reasons: It allows protocols to reward their community members for their activity and engagement in their respective platforms, thus further incentivizing users to stay in the protocol. It helps projects drive awareness and new traffic to the brand and a...

[unable to retrieve full-text content]CoinspeakerEthereum Retests $2,800 on ETH Spot ETF Approval Expectations The anticipation of a potential Ethereum ETF approval in the US has been a major catalyst behind the recent bullish sentiment surrounding ETH. Ethereum Retests $2,800 on ETH Spot ETF Approval Expectations