Chainlink’s native token – LINK – experienced a noteworthy recovery after a significant downturn, briefly dipping below the crucial $13 support level earlier this month. This decline was attributed to widespread speculation surrounding the potential rejection of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). The latest data suggest that LINK is enjoying “mild decoupling” from the altcoin pack as its ratio on crypto exchanges hit a 4-year low....
Read More »Hitachi Joins Hedera Council: Exploring Real-World Potential of DLT Solutions
The announcement of Hitachi joining the Hedera Council aligns with broader advancements in DLT within traditional finance. In a move towards advancing sustainability and enhancing supply chain solutions, Hitachi America Ltd (Hitachi) has joined the Hedera Council, as recently announced in a blog post by the Council. Hedera’s Unique DLT for Real-World Applications Hitachi’s decision to join the Hedera Council stems from the belief in the real-world potential of Distributed Ledger Technology...
Read More »Bitcoin shorten? So kannst du auf einen fallenden Bitcoin-Preis wetten
21Shares launches Short Ethereum ETP and Ethereum Core ETP Wenn du daran interessiert bist, auf einen fallenden Bitcoin-Preis zu wetten, also Bitcoin zu shorten, gibt es verschiedene Strategien und Finanzinstrumente, die du nutzen kannst. In diesem Artikel werfen wir einen Blick auf einige der gängigsten Methoden. Was bedeutet es, Bitcoin zu shorten? Shorten, oder eine Short-Position einnehmen, bedeutet im Grunde, dass du auf einen Preisverfall...
Read More »Crypto Community Reacts to Vanguard’s Anti-Bitcoin Stance
Asset management giant Vanguard’s decision to block clients’ access to the just-approved spot Bitcoin exchange-traded funds (ETFs) has elicited unpleasant reactions from the crypto community. According to several posts on the social media platform X, community members believe Vanguard’s days are numbered as the asset manager’s clients exit their accounts in droves. Numbered Days Following the U.S. Securities and Exchange Commission’s (SEC) approval of the first wave of spot...
Read More »New Bitcoin Spot ETF Attracting Capital from Other Products, Says JPMorgan
JPMorgan predicts that a lot of money currently invested in other crypto instruments will be re-directed to the Bitcoin spot ETF. Even before the Bitcoin spot ETF was approved, industry experts had already predicted that it would be high in demand. Given how many years companies in the crypto space pursued an ETF, that was to be expected. But now, a report from JPMorgan casts light on just how popular the new crop of spot Bitcoin ETFs has been. As per the report, a lot of the capital...
Read More »Bitcoin Price Faces Volatility, Is Around $42K Now as ETF Hype Subsides, Triggers Sell-Off
Analysts anticipate that the outflows from Grayscale’s Bitcoin Trust (GBTC) ETF, coupled with investors shifting to lower-fee options, will exert downward pressure on Bitcoin price. Bitcoin (BTC) experienced a rocky weekend as it fell below $42,000 for the second time, failing to break above $43,100 amid subdued trading volumes. The excitement surrounding the approval and launch of spot Bitcoin Exchange-Traded Funds (ETFs) initially propelled the flagship crypto to a two-year high above...
Read More »UN Flags Increased USDT Stablecoin Use in Money Laundering across Asia
Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT. The United Nations (UN) has warned that Tether’s USDT stablecoin has become the preferred cryptocurrency for money laundering schemes and other illicit activities in Asia. The Financial Times reported Monday, citing a report published...
Read More »Bitcoin vs. ETFs: Ein Widerspruch in der Investmentwelt
Diese Illustration veranschaulicht den markanten Kontrast zwischen der dynamischen, dezentralisierten Welt von Bitcoin und der strukturierten, regulierten Welt der ETFs. Es symbolisiert die Kreuzung zweier unterschiedlicher Finanzparadigmen in der heutigen Anlagelandschaft. ETFs, oder Exchange-Traded Funds, sind eine Art von Investmentfonds, die an Börsen gehandelt werden, ähnlich wie Aktien. Sie bieten Anlegern eine einfache Möglichkeit, in eine...
Read More »Stellar Lumen (XLM) Price Could Take Hit Unless It Clears This Hurdle
Stellar lumen price is struggling to clear the $0.1265 resistance zone against the US Dollar. XLM price is now trading above $0.1185 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.1185 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1145 support zone in the near term. Stellar lumen price is trading below $0.1265 against the US Dollar, like Bitcoin. XLM price could...
Read More »XRP Price Analysis: Bulls Face An Uphill Task
XRP price started a fresh decline from the $0.624 resistance against the US dollar. The price is now trading above $0.580 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.562 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.540 support zone. XRP price is struggling below $0.600 against the US Dollar, unlike Bitcoin. The price could decline...
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