Following the Securities and Exchange Commission’s approval of the first U.S. exchange-traded funds (ETFs) holding bitcoin, firms are aggressively targeting baby boomers with ad campaigns promoting these investment products. SEC Approval Spurs Marketing Push The recent approval of bitcoin ETFs by the SEC has ignited a marketing frenzy among financial firms. These ETFs, from offerings […]
MicroStrategy, a prominent business intelligence software company, has further solidified its position in the cryptocurrency market by increasing its Bitcoin holdings. The company recently disclosed the purchase of an additional 3,000 bitcoins for $155 million, expanding its total holdings to 193,000 coins, acquired at an average price of $31,555 per BTC. MicroStrategy has acquired an […]
BTCUSD Soars Above Resistance Block to Reach $57,000 BTCUSD soars to $57,000 to continue its remarkable bullish surge and reach this significant milestone. This impressive run, initiated in early 2023, has been a consistent upward trajectory for Bitcoin into the current year. A key achievement in 2024 is the breakout beyond the long-standing parallel channel […]
In the rapidly evolving landscape of cryptocurrency, finding reliable banking services that cater to digital assets is essential for investors and businesses alike. Here’s a comprehensive review of some of the top Bitcoin-friendly banks and financial institutions in 2024: Quontic – Offered in: US – Launched in: 2009 – Current account fee: $0 – Credit […]
BTCUSD Faces the Risk of a Pullback to $50,000 BTCUSD faces the risk of a potential retracement to the $50,000 level. This comes after last week’s impressive rally through key levels. The cryptocurrency successfully navigated beyond the parallel channel and breached the $50,000 resistance, allowing it to approach the $52,000 resistance zone. BTCUSD Key Levels […]
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 […]
