Working against Kraken is a lawsuit brought last year by the SEC, the agency that will have to approve its public listing. It’s worth noting several other exchanges and brokerages, including Israel-ba...
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Euro trims away some of the week’s gains as Eurodollar bids soften on Friday
Euro struggles to gain momentum on Friday, pares back week’s performance. A slew of ECB talking points this week have bid down rate cut hopes. Next week’s economic calendar is light on eurozone data. ...
Cardano (ADA) Buidler Fest Leads to Bullish Price Breakout
The Cardano (ADA) price bounced this week, possibly in anticipation of the first Cardano Buidler Fest. The price trades above a horizontal resistance area but below a short-term descending resistance ...
Shiba Inu (SHIB) Craze to Begin Any Moment, Cardano (ADA) Reaches Essential Level, Arbitrum (ARB) Rally Continues: Post-ETF Madness Prevails
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Canadian Dollar flattens on Friday, softer overall on the week
Canadian Dollar (USD) sees slight gains against US Dollar following US PPI miss. Canada economic calendar empty of meaningful data until next Tuesday’s CPI. Crude Oil up again on supply chain fears. T...
South Korea warns against Bitcoin ETF trading.
In response to the recent approval of US Bitcoin ETFs, the Financial Services Commission (FSC) of South Korea has issued a cautionary directive, signaling potential regulatory adjustments in light of ...
SEC Chairman Gary Gensler Speaks About Cryptocurrencies After Spot Bitcoin ETF Approval!
Speaking for the first time after the Spot Bitcoin ETF approval, SEC Chairman Gary Gensler made statements about cryptocurrencies. Speaking to CNBC’s Squawk Box program, Gensler said: “Under sec...
AUD/USD sees slight uptick amid geopolitical tensions, mixed US data
AUD/USD’s modest increase driven by market reactions to US-UK military actions in Yemen and mixed US inflation reports. Market overlooks China’s deflationary data, focusing instead on interest r...
Bitcoin Nears Market Top As This Metric Drops With 94% Of BTC Supply In Profit, Signaling A Sharp Correction
In a recent development that has caught the attention of the market, Bitcoin (BTC) appears to be at a potential turning point. A crucial on-chain indicator, Inter-exchange Flow Pulse (IFP), that track...
GBP/JPY backslides as Pound Sterling softens, UK data comes in mixed
GBP/JPY slips back on Friday as Japanese Yen sees broad but light recovery. Markets are pivoting back into the Yen as UK data hits and misses. Up next: UK labor and wages figures next Tuesday, UK CPI ...
FTT Jumps 24% On Former FTX Customer Complaints
The native token of the FTX cryptocurrency exchange, FTT, is up more than 24% over the past 24 hours. According to Coinstats, in just 24 hours the FTT token has risen by 24.5%, reaching $3.31 at the t...
United States Baker Hughes US Oil Rig Count dipped from previous 501 to 499
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BlackRock CEO Larry Fink Praises Bitcoin Will Be More Powerful Than Governments –
Key Points: BlackRock CEO Larry Fink sheds skepticism, praising Bitcoin’s role against government control. SEC’s approval of 11 Bitcoin ETFs, including BlackRock’s, results in a $4.6 billion influx on...
ETHBTC Ratio Skyrockets After BlackRock CEO Larry Fink Supports Ethereum ETF
The market has already observed a rise in ETH price following the SEC’s green light for a spot Bitcoin ETF, leading analysts to predict a similar approval for an Ethereum ETF. Nonetheless, the SEC’s p...
Mexican Peso prints back-to-back positive weeks against US Dollar, stays below 17.00
Mexican Peso advances due to investors expecting substantial US rate cuts, a headwind for the US Dollar. Mexico’s higher-than-expected inflation and industrial production slump puts Banxico at a...
CoinShares Looks to Buy Valkyrie Funds Following Bitcoin ETF Clearance
Being the third lowest performer by trading volume among the 11 spot Bitcoin ETFs that debuted on Thursday, Valkyrie’s spot Bitcoin ETF garnered just under $9 million in trading volume during the day....
Cathie Wood Believes Bitcoin Price Can Reach $1.5M by 2030
Bitcoin’s historic spot ETF launch has ARK Invest CEO Cathie Wood even more bullish on the cryptocurrency’s future trajectory. Wood now predicts bitcoin could reach $1.5 million per coin by 2030, a 50...
Upland distributed $13.5m to players in December 2023
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Upland, a web3 strategy game with over three million a...
US Dollar closes neutral week as markets digest US inflation data
The DXY Index recovered toward 102.40 after falling close to 102.20. December PPIs came in lower than expected at 1.8% YoY. The US 2-year yield fell to lows not seen since May 2023. The US Dollar (USD...
CoinShares to take over Valkyrie now that spot bitcoin ETF is live
Europe-focused CoinShares is set to take over the fund division of Valkyrie Investments as part of an expansion following the landmark approval of US spot bitcoin ETFs. Valkyrie’s spot bitcoin fund w...
Anticipating the Hottest Crypto Airdrops of 2024 to Not Miss Them
Crypto airdrops are set to reach new heights in 2024, with major projects like Scroll, MetaMask, Starknet, zkSync, and Quai Network anticipated to lead the charge. Through generous airdrop rewards pr...
Ark Invest CEO Cathie Wood Does Not Expect Most Spot BTC ETFs to Survive
Cathie Wood, American investor and CEO of Ark Invest, expects only three to four spot BTC ETFs to survive, asserting that most of them would either close down or consolidate to larger companies. Wood ...
XAU/USD soars on geopolitical tensions, dovish Fed rate cut speculation
Gold’s rally fueled by increased geopolitical risks in the Red Sea region and a shift towards risk-averse trading. US Producer Price Index data falls short of expectations, bolstering speculatio...
Can ETH Hit $3,000 or Face a Downfall?
Ethereum (ETH) experienced a 20% surge this week, reaching a 620-day high. The crypto community is uncertain about whether ETH can sustain this momentum to reach $3,000 or if a market correction is im...
Nasdaq Embraces AI to Spearhead Financial Crime Prevention
Nasdaq Inc. has made substantial investments in artificial intelligence (AI) technologies. As Nasdaq, which has historically been renowned as a worldwide stock exchange operator, transforms into a mor...
NFTs Resurrect and the Trading Activity Surges 166% in 2023
The non-fungible token (NFT) market showed strong signs of resurrection in 2023, with trading activity surging 166% from the previous year, according to new data from DappRadar. The increased interes...
Grayscale transfers $200M Bitcoin to Coinbase Prime hinting at possible ETF redemption activity
Grayscale has begun moving Bitcoin out of its trust and sending it to Coinbase as of 2 p.m. GMT, Jan. 12. A total of 4,000 BTC (roughly $200M) has been sent as of press time, with all Bitcoin going to...
ATH Vodka Releases Crypto-Powered Rewards App Using Tidepay
London, United Kingdom, January 10th, 2024, Chainwire Global spirits brand ATH Vodka has launched a customer loyalty app that dispenses user-focused lifestyle rewards. The ATH Rewards app is built and...
USD/JPY grapples with losses following soft PPI, Red Sea tensions
The USD/JPY is gravitating towards the 144.70 level with notable losses. Soft PPI data for December weakened the US Dollar. Red Sea tensions may limit the downside for the pair. In Friday’s trad...
Bitcoin Nears $49,000 for First Time Since 2021 as ETFs Start Trading
Bitcoin briefly rocketed past $48,000 on Thursday morning for the first time since 2021, as spot Bitcoin ETFs opened for their first day of business on Wall Street. BTC looked nearly poised to break ...
Bitcoin Spot ETF Approved, Ethereum Explodes 20% Weekly, and More: This Week’s Crypto Recap
What a week… The United States Securities and Exchange Commission finally greenlighted a spot Bitcoin Exchange-Traded Fund (ETF). Those of you who’ve been following the industry for many years know th...
PEPE Coin Surges After BTC-ETF Approval, Bright Future Ahead
Pepe coin is a popular meme coin. The features such as a strong deflationary mechanism, a creatively unique redistribution system, and most promising which is a lack of taxation. Therefore, these char...