Amidst Bitcoin (BTC) showing signs of potential upward momentum, possibly breaking past its 21-day moving average (21DMA) to surpass the upper $67,000s, and with concurrent rises in US stocks alongside a weakening US dollar, investors are actively seeking the most promising cryptocurrency to invest in today, turning their attention towards the altcoin market for potential…

Traders are closely monitoring the recent 6% rebound in the Shiba Inu (SHIB) price, which has climbed to $0.00002750 from its recent low around $0.00002550. This uptick prompts speculation about whether the recent downward trend has come to an end. Despite this recovery, SHIB remains approximately 17% below the highs reached last week, which hovered…

During a recent interview with DailyCoin, Frederik Gregaard, the CEO of the Cardano Foundation, revealed that multiple US states have expressed keen interest in collaborating with Cardano to explore the development of blockchain-based voting systems. This revelation underscores the growing recognition of blockchain technology’s potential to revolutionize traditional voting processes. The interest from various US…

Bitfinex Derivatives, a platform under iFinex Financial Technologies Limited, is expanding its product lineup by introducing two innovative perpetual futures contracts centered around volatility. These newly launched contracts, namely the Bitcoin Implied Volatility Index (BVIVF0:USTF0) and the Ethereum Implied Volatility Index (EVIVF0:USTF0), are designed to gauge the market’s sentiment regarding future price movements of the…

Bitcoin investors in Asia are witnessing notable price fluctuations triggered by automated trading algorithms responding to data from US exchange-traded funds (ETFs) that hold the cryptocurrency. According to a Bloomberg report, the impact of these automated trading protocols is particularly pronounced during Asian trading hours following the closure of US share trading, coinciding with the…

The ARK 21 Shares Bitcoin exchange-traded fund (ETF), managed by Cathie Wood’s ARK Investment Management, has recently experienced a notable development in its financial activities. Data from Farside Investors reveals that the ETF, known as ARKB, has witnessed daily outflows exceeding $87 million. This figure marks a significant milestone as it surpasses the daily outflows…

CrowdSwap, a decentralized exchange, has introduced the Bull Run dETF, marking the debut of the first decentralized cryptocurrency exchange-traded fund (ETF). This ETF, announced on Tuesday, encompasses a variety of digital assets, including renowned cryptocurrencies such as Bitcoin and Ethereum. The Bull Run dETF aims to provide investors with exposure to diversified portfolios within the…

Paradigm, a prominent figure in the realm of crypto venture capital, is gearing up for a substantial fundraising endeavor with ambitious targets for its latest investment fund. As per insights shared in a recent Bloomberg report, individuals familiar with the matter have disclosed that Paradigm is setting its sights on raising between $750 million to…

As Ethereum (ETH) remains steadfast above the $3,500 threshold, enthusiasts and analysts alike are closely monitoring developments surrounding the potential approval of Ethereum exchange-traded funds (ETFs). This period of heightened anticipation has ignited discussions and speculations across the crypto community. Notably, voices like Matt Hougan, representing Bitwise Asset Management, have lent their insights, suggesting that…

in brief Market experts predict a potential 74% price surge for Dogecoin (DOGE) in 2024. Analysts anticipate Mantle (MNT) to surpass the $1.7 threshold by the conclusion of 2024. $RECQ, Rebel Satoshi’s second token, emerges as a frontrunner among new ICOs, offering the potential for over 525% returns in 2024. In early 2024, the cryptocurrency…