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Search Results for: ETFs

Nigeria Stands Firm on Binance Executive’s Prosecution Despite US Criticisms

In the past few months, Nigeria and the USA have contested over the arrest of Binance Executive and US citizen, Tigran Gambaryan. This ongoing battle regarding Gambaryan’s prosecution has caught the market’s attention. Mohammed Idris, Minister of Information, made a statement on Wednesday defending Nigeria’s take on the case. He

June 6, 2024 2 mins read

How Big Whales Exploit the Current Market Consolidation Phase?

In the volatile world of cryptocurrencies, market consolidation phases often bring a period of calm and strategic repositioning. The cryptocurrency market is currently experiencing one of these phases, characterized by relatively stable prices and lower trading volumes. This phase is a breeding ground for strategic maneuvers by big whales—large holders

June 6, 2024 2 mins read

Bitcoin Poised for Breakout Targets $72,000 Resistance

In the last 24 hours, Bitcoin’s price has surged by approximately 1.9%, recently trading above $71,000 and reaching a peak of $71,735. This bullish momentum suggests that the cryptocurrency could climb even higher if BTC manages to break through the key resistance level at $72,000. Despite a significant increase on

June 6, 2024 2 mins read

NOTCOIN vs. UXLINK: A Comparative Study on Mass Adoption Strategies in Web3 

Project Overview NOTCOIN NOTCOIN is recognized as the first breakout project within the Telegram ecosystem. Since the beginning of this year, NOTCOIN has rapidly gained traction due to its inherent meme appeal and easy Tap-to-Earn gameplay, attracting 5 million users within a week of launch, with peak daily active users

June 5, 2024 9 mins read

Thailand Enters the Bitcoin ETF Arena with ONEAM’s Approval

Thailand’s Securities and Exchange Commission (SEC) has given its nod to One Asset Management (ONEAM) to pioneer the launch of a Bitcoin exchange-traded fund (ETF) in the country. This development marks Thailand’s entry into the global trend of embracing cryptocurrency-based investment instruments. The ETF, dubbed the ONE Bitcoin ETF Fund

June 4, 2024 2 mins read

Kraken Faces Major Bitcoin and Ethereum Withdrawals Amid Surging Demand

The biggest withdrawals of Bitcoin (BTC) and Ethereum (ETH) from the cryptocurrency exchange Kraken since 2021 have occurred recently. The current exchange supply crisis was described in depth in a post by Joao Wedson, founder and CEO of Dominando Cripto, which was cited by CryptoQuant, a blockchain analytics firm. Wedson

June 3, 2024 1 min read

Crypto Market Highlights in May 2024 Recounted

The overall crypto market witnessed key moments in May 2024. While the market witnessed price hikes, the SAB 101’s veto caused obstacles. Cryptocurrency has also played a crucial role within the US political landscape which fueled further events. Besides, with multiple crypto crimes and significant arrests the month has been

June 3, 2024 3 mins read

Is Bitcoin on the Verge of a Major Bullish Breakout?

Bitcoin began June on a dull note, entering the bearish zone and dropping below $67.5K. However, over the past 24 hours, it has shown signs of a slow recovery. The lowest and highest prices today ranged between $67,315.53 and $68,743.08. Currently, Bitcoin is trading at $68,688.70, reflecting a 1.43% price

June 3, 2024 2 mins read