Markets

The firm believes the approval of a spot Bitcoin ETF in the United States will trigger an influx of over $30 billion in subsequent months. The mainstream adoption of Bitcoin (BTC) by institutional investors has put the gold market on notice with a possible decoupling in the coming few years. According to a report by Matrixport, Bitcoin is about to challenge gold as a store of value due to the simple fact that the former has outperformed the latter in the past years. Additionally, the...

In the fast-paced world of cryptocurrencies, Bitcoin halving events are significant milestones that grab the attention of investors, traders, and enthusiasts worldwide, leading to speculation and anticipation among the community. Changpeng Zhao recently shared his thoughts and observations on the dynamics and sentiments surrounding Bitcoin halvings based on his experiences during the past three events. The Pre-Halving Buzz and Aftermath The cryptocurrency community buzzes...

The crypto market has seen widespread losses over the weekend, with XRP down nearly 5% since Friday. Major coins like Bitcoin and Ethereum are also trading lower as the crypto market turns red overall. But amidst the decline, Bitcoin Minetrix has emerged as a bright spot, hitting the  $820,000 mark during its ongoing presale phase. XRP Slides Below Key Support Level as Selling Pressure Mounts XRP has closed in the red for four days out of the last five – and it looks likely...

Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoin’s chance of a parabolic rise. The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over six months left till the halving, analysts are now offering predictions about Bitcoin’s chances. While the specific count might not be the same across analysts, Rekt Capital posted on X...

Colombian banker and real estate developer Jaime Gilinski Bacal pumped £102 million making him the dorman stakeholder with 53% stake. During the early trading hours on Monday, October 9, shares of Metro Bank Holdings (LON: MTRO) jumped by a staggering 26%. At press time, the MTRO stock is trading at 52.60 GBX.  Metro Bank Shares The sharp surge in stock price comes as Metro Bank announced a £325 million ($395.6 million) capital raise and £600 million in debt refinancing on Sunday, October...

According to Zhao, the effects of a halving usually take time to materialize. The cryptocurrency industry is awash with anticipation as the all-important Bitcoin halving event date draws closer. However, there have also been many predictions for what may happen in the aftermath of the event, which is expected to take place in April 2024. One such Bitcoin halving prediction is that of Binance CEO Changpeng Zhao (CZ). Zhao recently shared some insights from the previous three Bitcoin...

Beyond its crypto options offerings, the exchange has set its sights on obtaining a brokerage license in the European Union (EU). Deribit, one of the world’s leading crypto options exchanges, has recently made a significant announcement that it is set to introduce options contracts linked to three prominent alternative cryptocurrencies: XRP, Solana (SOL), and Polygon (MATIC). This expansion initiative comes on the heels of Deribit’s continued efforts to cater to the evolving needs of...

Stellar lumen price is gaining pace below the $0.115 resistance zone against the US Dollar. XLM price is now trading below $0.1135 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.1132 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.1150 resistance. Stellar lumen price is trading below $0.1150 against the US Dollar, like Bitcoin. XLM price could...

XRP price started a downside correction below the $0.532 zone against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5150 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.535 resistance. XRP price is consolidating near $0.520 against the US Dollar, like Bitcoin. It must stay above the...

The cryptocurrency arena is expectant with optimism as the bull run is imminent around the corner. Ethereum and Bitcoin Spark (BTCS) rank highly as prominent players, sparking enthusiasm and anticipation of high-potential digital assets. ETH excites with its strong market presence, whereas BTCS thrives with its unique features hinting at a promising future. As the crypto sphere evolves, exploring speculations and insights into the potential bull run of Ethereum and Bitcoin...