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Search Results for: etfs

Top 5 Altcoins To Watch This Summer

Table of Contents Introduction For those keeping an eye on promising altcoins, this article highlights four gems worth watching: PawFury, Ethereum (ETH), Polkadot (DOT), and Aptos (APT). PawFury: The Memecoin Sensation PawFury is quickly becoming a sensation in the crypto world. Its successful presale, raising $3.44 million, highlights strong investor

June 20, 2024 2 mins read

U.S Spot Bitcoin Outflows Raise Concerns as Investor Pessimism Grows

Potentially a massive outflow of capital from spot Bitcoin exchange-traded funds was set off by the Federal Reserve, and things could get much worse from here. Concerns were voiced by market observers after the Federal Open Market Committee’s announcement that interest rates would remain unchanged between 5.25% and 5.50%. The

June 20, 2024 2 mins read

Bitcoin Price Breaks $70,000: DigitMiner Revolutionizes Bitcoin Mining

Bitcoin (BTC) has recently experienced an astonishing surge, increasing by 35% to reach $65,000, capturing the attention of investors worldwide. This rally has sparked discussions about Bitcoin potentially surpassing $70,000 in the short term, especially with the upcoming mining reward halving and various market factors driving the price. For investors

June 20, 2024 3 mins read

Why Bitcoin (BTC) is Struggling to Break the $65K Barrier?

In the past few days, the entire crypto market has been struggling with the consolidated price range as the bears are currently ruling the market. Bitcoin, the largest asset by market cap has experienced a price dip, and couldn’t break the $65K level for a long time. Bitcoin’s market attention

June 20, 2024 2 mins read

Bitcoin Witnesses Decline in Average Block Size and Transaction Rates

Along with a recent precipitous drop in price to about $64,100, the average block size and transaction rates of the Bitcoin network have seen a dramatic dip. The sudden decline in Bitcoin blockchain activity, as measured by the diminution in block size (the amount of transaction data included in each

June 20, 2024 1 min read

These 10 Altcoins Show Potential For Bullish Rallies in H2 2024

In the past month, the crypto market has witnessed wavering upward and downward movements. With crypto assets particularly the altcoin sector, showing price revivals, the regulators introducing announcements and numerous launches, the first half of 2024 has been momentous in activity. As the second half (H2) of the year is

June 19, 2024 8 mins read

Hong Kong to Introduce Licensing System for Crypto-Fiat Exchanges

Hong Kong has drawn market attention in the past few months with its progress toward digital asset adoption. Currently, the impending agenda in the nation is the introduction of a licensing system for crypto-fiat exchanges. The CFO of OSL Group, a leading crypto exchange in the Chinese capital, discussed the

June 19, 2024 2 mins read

Digital Asset Funds See $600M Outflow Amid Hawkish Fed Outlook

The biggest notable outflow since March 22 was $600 million last week from digital asset exchange-traded products and funds, according to a report dated June 17. The majority of the withdrawals came from Bitcoin investment vehicles, as stated in the most recent CoinShares “Weekly Asset Fund Flows” report. The opposite

June 18, 2024 2 mins read

Is an Altcoin Season Far From Sight? Analysts Weigh In

The cryptocurrency market is experiencing significant turbulence as altcoins face a sharp downturn while Bitcoin remains relatively stable. Despite Bitcoin trading below $66K, altcoins have suffered substantial losses, erasing gains from the March rally. The Market sentiment remains bearish, with calls for near altcoin season dwindling. Several factors contribute to

June 17, 2024 2 mins read