Thailand’s Securities and Exchange Commission (SEC) has recently announced significant regulatory changes that will allow the establishment of private funds investing in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This decision was made during a recent board meeting, granting institutional investors and high-net-worth individuals the opportunity to participate in these funds. The move
Crypto
Bitcoin’s recent rally to a new all-time high above $70,000 has puzzled many observers due to its unconventional nature. Despite this surge, experts believe that the leading crypto asset is still in its early stages and has a long way to go. According to analysts, Bitcoin’s trajectory is now being closely scrutinized, with many predicting
Ethereum (ETH) has been making headlines with its significant price growth, surpassing the $4,000 mark for the first time since December 2021. The cryptocurrency has seen a surge of 60% monthly, outperforming many others in the top 10 list. Analysts and key indicators are pointing towards a continued rally, with expectations of reaching new all-time
Bitcoin’s recent surge over the weekend and into the new week has propelled it to a fresh all-time high of almost $73,000. This comes after a series of rapid fluctuations, including a sharp rejection and subsequent recovery that saw the leading cryptocurrency climb back to near record levels by the end of the week. While
Ethereum’s price has been on a rapid upward trajectory in recent weeks, successfully breaking through multiple resistance levels. However, as the price approaches the critical $4,000 mark, some indicators suggest that the market may face a temporary halt. On the daily chart, Ethereum has been making consistent higher highs and higher lows, leaving the 200-day
Binance’s recent listing of Metis (METIS) has had a significant impact on the price of the digital asset. This comes as no surprise considering the exchange’s reputation and influence in the cryptocurrency market. As one of the leading exchanges worldwide, any listing on Binance is likely to attract attention from investors and traders alike. The
The recent approval of spot Bitcoin ETFs in mid-January sparked a significant surge in the crypto markets, with total capitalization increasing by a trillion dollars and Bitcoin reaching a new all-time high. However, Ethereum has struggled to surpass the $4,000 level convincingly, raising concerns among investors and analysts about its future prospects. Despite initial optimism,
The Stanford Blyth Fund, managed by students at the university, made a significant investment in Bitcoin (BTC) at a price of $45,000 in February. This decision came after a presentation by Kole Lee, a computer science major and leader at the Stanford Blockchain Club, who recommended allocating 7% of the fund’s portfolio to Bitcoin. Established
Russia, as a prominent member of the BRICS alliance, recently unveiled plans for the development of a new blockchain-based payment system aimed at revolutionizing trade settlements among member nations. This initiative signals a strategic move to establish an independent mechanism for conducting transactions within the BRICS framework. Kremlin aide Yury Ushakov highlighted the importance of
Bitcoin’s price is currently showing strong signs of surpassing its previous all-time high, reaching toward the $70K level. As the cryptocurrency market enters uncharted territories, predicting its future upside potential becomes increasingly complex. Technical and on-chain analysis can provide some insights into the possible trajectory of Bitcoin’s price in the coming months. Potential Targets and