Crypto Blog — Page 217 of 302
In-depth crypto education, investment guides, and market commentary.
7,232 total posts
Trump's NFT Comeback: Mugshot Trading Cards To Hit Bitcoin Ordinals Amid Election Hype
Former President Donald Trump is reportedly set to make his debut on Bitcoin Ordinals. The announcement, made by CollectTrumpCards on X, revealed the minting of Trump Digital Trading Cards NFTs on Bitcoin. Sentiment Result : Positive
Bitcoin ETF Update: BlackRock Hits $1 Billion AUM, GBTC Outflows Slow Down
The data for the fourth day on which spot Bitcoin ETFs are traded in the US is complete. And the numbers are once again extremely impressive. Sentiment Result : Positive
Bitcoin price falls below $41,000 as spot ETFs finish fifth day of trading
The price of bitcoin declined below $41,000 for the first time since Dec. 3 as spot ETFs finished their fifth day of trading. Sentiment Result : Negative
Bitcoin Mining: Texas Freeze Leads to Slowdown Impacting 34% of Hash Rate
Bitcoin mining has taken a severe hit in the state of Texas as it grapples with extreme weather conditions. A drop in temperature has resulted in mining centers not being able to use enough power for a significant level of hash rate. Sentiment Result : Negative
Bitcoin mining's green mile: 54.5% sustainable energy use
Bitcoin mining now more eco-friendly than ever, reaching a 54.5% sustainable energy usage. Sentiment Result : Positive
XRP Price Expects Setback If This Comes True
In a recent analysis by renowned analyst Ali Martinez, a dire prediction has been made for the future of XRP, suggesting a potential crash if a crucial support level is breached. Martinez points out that the cryptocurrency is currently struggling to maintain its position at the critical $0.55 support level. Sentiment R
The ‘Newborn Nine' Bitcoin ETFs own nearly $3 billion in BTC
Newborn Nine is how the ETF expert Eric Balchunas calls 9 of the 10 recently approved Bitcoin ETFs. These are competitors of the pioneer Grayscale Bitcoin Trust (GBTC), experiencing a capital outflow partially distributed to the Newborn. Sentiment Result : Positive
Bitcoin, Ethereum, and XRP Holders in Profit; Short-Term Market Downturn on Horizon
The cryptocurrency industry has recorded increased cash inflows over the past few weeks fueled by the spot Bitcoin exchange-traded funds (ETFs) approval in the United States. According to market data provided by CoinShares, the cryptocurrency investment products recorded an inflow of about $1.18 billion since the appro
Supreme Court Overruling Chevron Doctrine's Implications For Crypto And Ripple
The US regulators' stringent regulatory actions and intense scrutiny over cryptocurrencies and crypto exchanges have shattered crypto growth and adoption. However, experts believe that the Supreme Court overruling the Chevron doctrine is almost here and will have far-reaching implications for the crypto industry as jud
Dormant Ethereum (ETH) Whale Just Woke up and Bought Billions of Shiba Inu (SHIB)
In an unexpected turn of events, an Ethereum (ETH) whale has reemerged from the depths of crypto hibernation to make a staggering investment in popular cryptocurrency Shiba Inu (SHIB). Etherscan data reveals that the wallet address "0xfb2" executed a series of purchases, acquiring a whopping 606.36 billion SHIB within
Top 10 Altcoins To Stack For Maximum Profits in 2024
The recent approval of spot Bitcoin Exchange-Traded Funds (ETFs) did not elicit the positive response many anticipated. Instead, this significant development triggered a “sell-the-news” reaction, leading to a significant drop in Bitcoin's value. Since January 11, Bitcoin's price fell by 15%, descending from $48,700 to
Potential Approval of Ethereum Spot ETF Could Disrupt the Bitcoin and ETH Narrative
Singaporean-based cryptocurrency asset trading firm QCP Capital has indicated in its latest report that the speculation around Ethereum's chances of exchange-traded fund (ETF) approval by the US regulator, could lead to significant gains in the near future. Sentiment Result : Positive
NYSE Files To Support Options Trading For Spot Bitcoin ETFs
The New York Stock Exchange (NYSE) has filed a 19b-4 form with the United States Securities and Exchange Commission (SEC) to allow for the listing and trading of options on “Commodity-Based Trust Shares,” a format utilized by issuers of some of the newly approved spot Bitcoin ETFs. Sentiment Result : Positive
Bitcoin Gives Early Top Warning Signal, But Price Could Double First
Bitcoin price reached highs of close to $50,000 a coin this year until an abrupt, 15% selloff stopped the climb and put the overheated crypto market on ice. The pullback has caused an early “top” warning signal to fire in BTCUSD, but data suggests that the top cryptocurrency could double before the actual top is in. Se
Crypto Analyst Predicts XRP Price Will Surge 800% To Reach $5 In The Next 90 Days
Crypto analyst Egrag Crypto recently made a bold prediction as to the future trajectory of the XRP price and asserted when exactly the crypto token will hit this price level. Considering XRP's current price level, it will no doubt be interesting to see how this prediction plays out. Sentiment Result : Positive
VanEck To Close Bitcoin Strategy ETF One Week After Spot ETF Approval
The VanEck Bitcoin Strategy ETF will cease trading on January 30 due to a lack of investor interest and trading volume. Sentiment Result : Negative
Bitcoin ETFs Historic $10 Billion Sale Lauded by Experts
Analyst Eric Balchunas highlighted the outperformance of Bitcoin ETFs in comparison to traditional ETFs from 2023. Sentiment Result : Positive
VanEck Shocks Investors by Delisting Bitcoin Strategy ETF
In a surprising move, asset management firm VanEck announced that it plans to close and liquidate its VanEck Bitcoin Strategy ETF (XBTF), just two years after its launch on the CBOE in November 2021. Sentiment Result : Negative
Stark Warning of a Huge Bitcoin Price Crash by Permabear Peter Schiff
Check out Schiff's latest grim prediction involving Bitcoin. Sentiment Result : Negative
Strong Ethereum Fundamentals Fuel 20%+ Surge Against Bitcoin
Ethereum's on-chain fundamentals suggest continued dominance against Bitcoin. Sentiment Result : Positive
Vitalik Buterin Makes Important Statement About Ethereum Layer 2s
A recent conversation with Vitalik Buterin on X platform sheds light on a few important topics regarding L2 networks – the main scalability tool for the Ethereum network. Sentiment Result : Positive
Bitcoin Backs Down: Ethereum Steals The Spotlight With Surge In Market Dominance
Amidst the lull in the realm of Bitcoin, Ethereum emerges as a trailblazer, confidently charting its course. While the crypto king takes a breather following its ETF approval, Ethereum, undeterred, is experiencing a surge in both price and dominance, propelled by an influx of new users and the prevailing trend of self-
Potential Impact of Spot Bitcoin ETFs on Short Trades by Traditional Market Participants
Spot Bitcoin ETF has been gaining popularity among investors since the day it got approved by the SEC and due to this market has witnessed high volatility and fluctuations in Bitcoin's price. Despite this, the spot Bitcoin ETF approval is proving beneficial for traditional market players in short trading. Sentiment Res
Ripple CEO Keeps IPO Option Open, Calls Gary Gensler A 'Political Liability'
Ripple (CRYPTO: XRP) CEO Brad Garlinghouse criticized Securities and Exchange Commission (SEC) Chair Gary Gensler, characterizing his position on crypto regulation as rigid and counterproductive. What Happened: Speaking at the World Economic Forum in Davos, Garlinghouse told CNBC on Jan. 16 that Gensler's approach is n