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Search Results for: ETFs

U.S Congressman Proposes Bill to Allow Federal Tax Payments in Bitcoin

People living in the US may soon be able to use Bitcoin (BTC) and other cryptocurrencies to pay their federal taxes. It has been proposed by US Congressman Matt Gaetz that citizens of the United States be able to pay their federal income taxes using Bitcoin. Among the Bitcoin Marxists,

June 26, 2024 2 mins read

Bitcoin Payment App Strike Expands to UK, Boosting BTC Adoption

Strike, the Bitcoin payment app led by Jack Mallers, has taken a giant stride forward with its introduction in the United Kingdom. Aiming to increase Bitcoin’s accessibility and popularity in one of the world’s biggest economies, this expansion is a smart step. The launch of Strike in the United Kingdom

June 25, 2024 2 mins read

Can Ethereum Rally Continue to New Highs This Week?

Ethereum’s (ETH) price action over the past week saw a dip to $3,259, raising fears of a decline below $3,000. However, ETH managed to find support and is currently trading at $3,375, having risen by 1.93% within the past 24 hours. Despite this recent uptick, ETH is down 10.30% over

June 25, 2024 2 mins read

These 3 Altcoins Are Your Best Play If Donald Trump Wins The US Presidential Elections

Donald Trump, who recently referred to himself as the “crypto president,” publicizing his support for cryptocurrencies, is running to be the president of the United States of America in the US Presidential Elections set to be held on Tuesday, November 5, 2024. Hence, major crypto analysts have highlighted altcoins such

June 25, 2024 4 mins read

Are Bitcoin Bears Aiming to Lower the Price to $60K?

The crypto market struggles to hold its ground as bears dominate. Dipping to the $62K range, Bitcoin (BTC) tumbles under strong selling pressure. This state has blocked bullish corrections among the altcoins. The global crypto market cap has declined by 3.09% in the last 24 hours.  The price dipped by

June 24, 2024 2 mins read

What’s Behind the Sharp Decline in Major Cryptos?

Top cryptocurrencies are facing tough times, while traditional assets like the NASDAQ are growing. What’s causing the chaos? Today, the cryptocurrency market is displaying a significant downturn, with major altcoins witnessing sharp declines. The global crypto market capitalization has decreased by 3.38% to $2.27 trillion. This drop has been largely

June 24, 2024 2 mins read

Crypto Rush Hour: ETH Prepares for Blast-Off, MTAUR in Hot Pursuit!

Ethereum (ETH) is on the verge of a significant breakthrough despite recent price stagnation. Positive regulatory developments, including the SEC’s decision not to pursue charges against Ethereum (ETH) and the imminent launch of Spot ETH exchange-traded funds (ETFs), have set the stage for potential growth. These factors are expected to

June 23, 2024 5 mins read

YieldMax Files With the SEC to Launch Ether Option Income Strategy ETF

The prominent ETF issuer YieldMax has recently filed with the US SEC to launch an ETF based on the Ether Option Income Strategy. According to a filing made public on June 21, 2024, the ETF will be listed on the NYSE Arca. This strategic shift is also occurring at the

June 22, 2024 2 mins read

Will Ethereum Hold $3,500 Amidst Market Uncertainty?

June 22, 2024 – Ethereum (ETH) remains a focal point in the crypto market as it grapples with a key support level of $3,500 amidst renewed concerns over Ethereum ETF approval. Earlier today, ETH dipped below $3,500, sparking fears of a potential decline towards $3,200. However, ETH managed to find

June 22, 2024 2 mins read