Matt Hougan, Bitwise CIO, has said that BTC price would go parabolic. He has compared the scenario to that of Gold’s, tracking the pattern back to 2022. Bitcoin tokens are currently teasing a resistance zone of $96k, with ETF noting net inflows for the second consecutive day. Matt Hougan on
Germany’s second-largest bank, DZ Bank, has gained regulatory authority to run a cryptocurrency trading platform under Europe’s Markets in Crypto-Assets Regulation (MiCAR), as it enables the institutions to trade major cryptos directly through the bank’s interface. According to the announcement, with the authorization from the German financial regulator, BaFin, DZ
Gold and silver prices have improved, with Gold hitting a new high and Silver surpassing the $90 mark. This has built up a potential foundation for crypto price surge despite low to no chances of rate cuts by the US Federal Reserve. Even Spot Bitcoin ETFs and Spot Ethereum ETF
The recent US regulatory action looking to prohibit prediction markets has surged activity in the first weeks of this year, having trading volumes hit a milestone with $701.7 million on January 12. Two-thirds of total trading volume is attributed to prediction market Kalshi, with total trading volume sitting at $465.9
Galaxy Digital, a crypto company, says that the new U.S. crypto bill, which is being discussed in the Senate, could give the U.S. government very strong powers to watch and freeze crypto activity. It says that these powers are as serious as the surveillance laws passed after 9/11. Why Galaxy
With a 3.56% surge, the crypto market cap has pushed to $3.24 trillion. At the same time, the broader sentiment is neutral as the Fear and Greed Index value is found at 52. The majority of the assets are charted in green, reclaiming the lost momentum. Meanwhile, Bitcoin (BTC) has
Tuesday ended with US stocks plummeting to a low with inflation numbers coming out slightly higher than the previous month. Hopes for the rate cut by the Federal Reserve have dashed. Meanwhile, the cryptocurrencies have demonstrated market defying movements on the price chart. US Stocks on Tuesday-End US stocks and
Strive has announced its acquisition of Semler Scientific along with the latter’s 5,048 Bitcoin after shareholders agreed to the deal. The decision of the shareholders has silently moved a Bitcoin-aimed company further up the corporate treasury ranks. On January 13, Strive publicised that shareholders of Semler Scientific accepted an all-stock
Monero (XMR) reached a new all-time high today, rising from an intraday low of $580.60 to a new ATH of $689.96. After setting the high, the price cooled slightly and is currently trading around $670. From the day’s low to the peak, XMR gained about 18.8%, showing strong buying interest
BitGo, a major Cryptocurrency custody company, wants to go public in the U.S. market. It plans to list on the New York Stock Exchange (NYSE) and raise about $200 million by getting help from the big banks like Goldman Sachs and Citigroup. BitGo is known for its crypto custody and
