In the last six weeks, demand for spot Bitcoin exchange-traded funds (ETFs) has surged, with trading volumes surpassing $50 billion, according to data from The Block. This growth follows the Securities and Exchange Commission’s (SEC) approval of the first batch of spot Bitcoin ETFs on January 11, which paved the way for fund providers like […]
Bitcoin exchange-traded funds (ETFs) have experienced a surge in investor interest, with a staggering $2.4 billion pouring into these investment vehicles over the past week alone, according to data released by CoinShares, a leading crypto asset management firm. This influx of capital marks a significant milestone for the cryptocurrency market, highlighting the growing acceptance of […]
BTCUSD Reaches a Struggling Phase of Around $52,000 BTCUSD reaches a point of impasse around the $52,000 significant level. The market is in a challenging phase around this level, marking a pivotal juncture in its recent four-week journey. BTC buyers exhibited resilience, steering the market from $38,000, surging beyond $43,750, breaking free from the parallel […]
In the ever-evolving landscape of cryptocurrency, ERC404 emerges as a groundbreaking experiment, challenging traditional token standards and introducing a novel approach to liquidity and fractionalization. ERC404, led by 0xacme, combines the features of ERC20 and ERC721 to provide a novel hybrid protocol that allows for fractionalization and native liquidity. Deciphering ERC404: A Hybrid Token Standard […]
Based on CoinMetrics’ findings, mounting an attack on Bitcoin could range from $5 billion to $20 billion, whereas targeting Ethereum would necessitate over $34 billion. A 51% attack arises when either a single miner or a collective group of miners manages over fifty percent of a blockchain network’s hash rate. In theory, this could empower […]
BTCUSD Soars through to the $50,000 price Level BTCUSD soars through multiple barriers, achieving a significant milestone by rising high above the much-anticipated $50,000 level. This accomplishment aligns with the price trend observed since the beginning of the previous year, signaling the market’s resilience in shedding perceived bearish pressure to sustain its bullish trajectory. BTCUSD […]
BTCUSD Powers through Several Barriers to $50,000 BTCUSD powers through multiple barriers, completing a noteworthy recovery to $47,000 and further surging to reach $50,000. In mid-January, Bitcoin initially embarked on this ascent towards $50,000 but encountered resistance, resulting in a rejection at $47,000. This setback triggered a rapid decline, driving the price to nearly $38,000 […]
MicroStrategy, a prominent player in the realm of business intelligence software, is set to undergo a significant transformation. The company has unveiled plans to rebrand itself as a Bitcoin development firm, capitalizing on its successful foray into the world of cryptocurrency investment. Michael Saylor, co-founder and executive chairman of MicroStrategy, emphasized the organic nature of […]
The Journey of Binance: From CZ to Teng Following the departure of its founder and CEO, Binance embarks on a new era under the leadership of Richard Teng, marking a pivotal moment for the platform and its investors. Drawing parallels with Uber’s transition from Travis Kalanick to Dara Khosrowshahi, we explore the implications of this […]
