Bitcoin exchange-traded funds (ETFs) have been making waves in the financial world since their recent approval. Within just six days of trading, these ETFs have accumulated an impressive number of bitcoins (BTC). As volumes increase and assets under management (AUM) soar to $3.96 billion, it is clear that investors are flocking to these new investment
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The world of finance is on the brink of a potential paradigm shift, as digital assets gain increasing traction and challenge the longstanding dominance of the U.S. dollar. Andrew Peel, the Head of Digital Assets at Morgan Stanley, has recently issued a cautionary statement about this shift, highlighting the rising interest in Bitcoin, the surge
Over the past year, the digital asset economy has experienced a decline due to various factors such as increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud. Even the world’s second-largest stablecoin, USDC, was not immune to these forces. Its total circulating supply has plummeted from approximately $45 billion to around $25 billion
The price of Bitcoin has faced challenges this week, experiencing a drop of more than 3% in the past week. This decline has raised concerns about the sustainability of the bull run. However, there is some positive news on the horizon. Renowned crypto analyst Ali Martinez has shared an on-chain revelation that suggests a potential
The cryptocurrency market has been witnessing a remarkable surge in demand for Mollars ($MOLLARS), a promising Bitcoin alternative. As the token goes through its 3rd round of the presale stage, investors are flocking to purchase it at an unprecedented pace, with nearly 100,000 tokens being sold on a daily basis. Mollars has positioned itself as
The U.S. Securities and Exchange Commission (SEC) has recently opened comments on proposals relating to options trading on Bitcoin exchange-traded funds (ETFs). These proposals, if approved, would allow Nasdaq and Cboe Exchange Inc. to list and trade options on various Bitcoin ETPs. This move could introduce new investment strategies and provide investors with the opportunity
Bitcoin’s upcoming fourth halving event has sparked a debate among analysts on the potential directions that the cryptocurrency’s price could take. One notable analyst, Rekt Capital, has weighed in on the issue and drawn comparisons to past trends. In this article, we will delve into Rekt Capital’s analysis and present a fresh perspective on what
The industrial metaverse is rapidly growing, with sales reaching an impressive US$ 61.8 billion in 2022. Its potential for transformation is undeniable, as forecasters predict a compound annual growth rate (CAGR) of 25.3% from 2023 to 2033, leading to a market worth of US$ 765.8 billion. This article explores the significant impact of the industrial
MetaMask, the popular Ethereum wallet, recently launched Validator Staking support on its platform, allowing users to stake their tokens. This new feature has received a lot of attention, and for good reason. One of the major advantages of staking through MetaMask is that the tokens are staked by Consensys, a company with a stellar reputation
Cardano (ADA) has been experiencing a consolidation phase that bears resemblance to its trend in late 2020. This similarity has led analysts to predict a potential upward momentum for ADA, with a possible rally to $7. In this article, we will delve into the historical data and technical analysis to assess the likelihood of such