While being bullish on Bitcoin ETFs for the long term, Arthur Hayes expressed bearish sentiments on Bitcoin in January, anticipating a short-term correction of up to 30% in prices. In a recent post on Tuesday, Arthur Hayes, Chief Investment Officer of the family office Maelstrom and former CEO of BitMEX, delves into the allure of Bitcoin (BTC) for investors, citing market inefficiency and its uncorrelated behavior with traditional assets as key factors attracting billions in capital from...
Read More »HashKey Group Announced Completion of Series A Funding Round with $100M at Valuation of Over $1.2B
The newly acquired funds will help HashKey to build diversified Web3 products amid the mainstream adoption of digital assets and blockchain technology in Asia. HashKey Group, the operator of a leading Hong Kong-based cryptocurrency exchange and other web3-focused platforms, announced the completion of the Series A funding round with nearly $100 million. As a result, the company saw its valuation rally beyond $1.2 billion to a unicorn status. According to the announcement, HashKey will...
Read More »Eulerpool Erfahrung: Ein ausführlicher Review zum Aktienanalyse-Tool
In der heutigen schnelllebigen Finanzwelt ist es für Anleger unerlässlich, Zugang zu zuverlässigen und effizienten Analyse-Tools zu haben. Eulerpool, ein aufstrebendes Tool in der Welt der Aktienanalyse, hat in letzter Zeit für Aufsehen gesorgt. Im Gegensatz zu aktuellen Medien mit überladenen Charts, voll von Werbung, liefert Eulerpool eine ziemlich genial aufgemachte Analyse von fast sämtlichen Aktien dieser Welt. Und das Ganze gibt es ab nur 1 Euro pro Monat. In diesem Review werde ich...
Read More »Cardano (ADA) Price Analysis: Risk of Bearish Break Below $0.525
ADA price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.55 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.550 and $0.565 resistance levels. Cardano’s price is consolidating above $0.525 against the US Dollar, like Bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Eyes Fresh Rally Above $2,600
Ethereum price started a downside correction from the $2,720 resistance against the US Dollar. ETH price is now trading above $2,450 and the 55 simple moving average (4 hours). There is a key declining channel forming with support at $2,420 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,560 resistance zone. Ethereum price is declining below $2,600 against the US Dollar. ETH/USD remains at a risk of more...
Read More »This Hasn’t Happened to Bitcoin (BTC) in Almost 3 Months
TL;DR Bitcoin Volatility: Bitcoin’s price swings as of late might have led to changes in the BTC Fear and Greed Index. Bitcoin Halving Event: The upcoming halving in April 2024 is anticipated to impact the asset’s supply and demand, possibly affecting investors’ sentiment. No More Greed The historic approval of spot Bitcoin ETFs in the United States and all the surrounding drama have taken their toll on Bitcoin, which soared to $49,000 on January 11 but later descended to...
Read More »Binance Launchpool Welcomes Manta as Its 44th Project: Modular L2 for ZK Applications
The introduction of MANTA on Binance Launchpool is a huge step toward addressing the ZK ecosystem’s difficulties. Binance, one of the world’s leading crypto exchanges, has unveiled the 44th project on its Launchpool – Manta (MANTA). This new addition to the Binance ecosystem promises to be a game-changer, introducing a modular Layer 2 (L2) solution tailored for Zero-Knowledge (ZK) applications. Staking and Farming MANTA According to the announcement, users eager to partake in the MANTA...
Read More »Is Ripple (XRP) Price About to Explode in the Coming Months? Analysts Chip in
TL;DR Recent Performance and Analyst Views: Ripple’s XRP has seen varying price levels recently, with some analysts predicting an upturn. Factors Influencing Future Trends: Several factors, including Ripple’s legal developments and broader market conditions, could play a role in shaping XRP’s performance. XRP Bulls Remain Optimistic Despite some episodic price jumps, Ripple’s XRP has not started the year on the right foot, currently hovering around $0.58 (per CoinGecko’s...
Read More »Celestia’s Native Token TIA Crosses $20, Reaches New All-Time High
Besides being in the top 40 tokens in terms of market cap, TIA is also listed on CoinGecko’s trending tokens list. 2024 has started off on a positive note for the crypto market. Besides the Bitcoin ETF and the air of excitement that it has created, several altcoins are seeing positive price movement. Along with more optimism from investors, many of these projects offer new and exciting uses for crypto and blockchain. One example of this is TIA, the native token of Celestia. TIA has just...
Read More »SUI Price Jumps 78% to New ATH in One Week
SUI has demonstrated an impressive surge over the last couple of days, taking the token’s price to a new ATH. The price of SUI, currently the 50th largest cryptocurrency by market capitalization according to CoinMarketCap data, hit a new all-time high (ATH). SUI rose to $1.43, the highest price since May 2023, shortly after the network’s launch. The platform’s market cap is now at $1.54 billion. SUI seems to be on an impressive bull run, climbing more than 10% in the last 24 hours, and...
Read More »