Matthew Sigel, Head of Digital Assets Research at VanEck, refuted previous assertions made by Bernstein that the US election would directly affect Bitcoin. Investors are taking notice of this counterargument, which downplays the impact of the 2024 US presidential election on the BTC surge. Sigel made an interesting observation on
Binance Coin (BNB) finds itself at a critical juncture following its recent breakout above a descending trend line that had constrained its price action since August 23. While this development initially sparked optimism among investors, mounting evidence suggests that the current rally may be short-lived, as buying momentum appears insufficient
The overall crypto market has fluctuated throughout the past few weeks. Amid the dips in market cap and trading volume, Chainlink (LINK) has recently broken through critical resistance at $10.35, while many cryptocurrencies extended their losses. This resurgence comes with moderate gains of 1.93% over the past 24 hours. Notably,
The cryptocurrency market has been in a bearish trend for the past month, with major cryptocurrencies and altcoins hitting new lows. Last week saw significant declines, with Bitcoin falling to a one-month low of $52,500 and Ethereum to $2,150 on the same day. However, the past 24 hours have shown
The cryptocurrency market shows attempts for price recovery as it enters September’s second week. Leading crypto asset Bitcoin recorded a modest price increase over the last 24 hours. Subsequently, other altcoins also began to show green candles, amongst which very few tokens have shown significant upward movements. Notably, Toncoin, after
On September 6, the Crypto Fear & Greed Index, which measures market sentiment, dropped to 22. Investor confidence has taken a clear nosedive, since the indicator has not hit “extreme fear” since mid-August. According to Arthur Hayes, the former CEO of BitMEX, Bitcoin may drop below $50,000. On Friday, Hayes
WisdomTree, a prominent asset management firm, has withdrawn its S-1 registration filing for the WisdomTree Ethereum Trust. The firm declared in a filing with the US Securities and Exchange Commission. The S-1 filing was intended to pave the way for WisdomTree’s Ethereum Trust to be listed on the stock exchange.
The crypto market remains volatile as the two leading giants, Bitcoin (BTC) and Ethereum (ETH), struggle to gain traction. Bitcoin (BTC) has fallen sharply below crucial resistance, extending its bearish trend into September, while Ethereum has stayed below its All-Time High (ATH). On the other hand, ETFSwap (ETFS), a new
Despite the growing negative trend in the crypto market, Helium (HNT) has defied all odds and topped the gainers list. In this ongoing bearish trend, HNT displayed a price surge over the last 24 hours by 2.52% and outperformed major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The
The rapid evolution in the financial world has brought many into the world of digital currencies, but confusion often occurs with cryptocurrency and Bitcoin. One would easily ask, are they the same thing? Simply, the answer is no. Though Bitcoin is a kind of cryptocurrency, that does not make it
