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Search Results for: etfs

Bitstamp Secures Preliminary Regulatory Clearance in Singapore

Bitstamp, a cryptocurrency exchange based in Europe, has received preliminary regulatory clearance from Singapore’s Monetary Authority (MAS). The exchange will soon be authorized to provide digital payment token services in the region thanks to the Major Payment Institution (MPI) license, according to an email release on Wednesday. Bitstamp boasts that

March 6, 2024 1 min read

Can Bitcoin (BTC) Bounce Back From Its Recent Dip?

Bitcoin, the leading cryptocurrency by market cap, surged to a new all-time high of $69,170, marking its first record peak in over two years. The jubilation was short-lived, as BTC experienced a sharp decline, dropping to a 6-day low of $59,323. This volatility led to a 7% decrease in the

March 6, 2024 2 mins read

Magic Eden Surpasses $50 Million in NFT Sales Amidst NFT Renaissance

According to a statement by Magic Eden’s CEO and co-founder, Jack Lu, the platform’s sales reached $50 million, which caused a stir in the world of digital assets. Magic Eden is a well-known decentralized NFT marketplace. As the community’s euphoria around the possible rebirth of the NFT arena is reflected

March 6, 2024 2 mins read

Bitcoin Soars Above $68,500—Will It Reach All-Time High This Week?

Bitcoin (BTC) surged close to its all-time high, rallying nearly 8.5% to trade above $68,750 as of 7:25 a.m. IST on Tuesday. This marked the second consecutive day of gains for the cryptocurrency, driven by the anticipation of robust demand for exchange-traded funds (ETFs) at the beginning of the week.

March 5, 2024 2 mins read

Crypto Exchanges Witness Massive Bitcoin Outflow Amidst Price Surge

In the midst of Bitcoin’s (BTC) price movement vying for all-time highs, the cryptocurrency is fleeing exchanges at the fastest pace in years. Research and analytics researcher at crypto insights business CryptoSlate, James Van Straten, highlighted withdrawals of Bitcoin worth billions dollars in a twitter post on March 3. Even

March 3, 2024 2 mins read

Bitcoin Cash Jumps 30% in 24 Hours, Can BCH Break $500?

Amid a bullish surge in the cryptocurrency market, Bitcoin Cash (BCH) has displayed a significant turnaround, breaking through the $400 mark and soaring by over 30% in the last 24 hours. This surge marks a significant reversal from its recent slump, with BCH now trading at $410, a level not

March 2, 2024 2 mins read

BlackRock’s Bitcoin ETF Hits Milestone, AUM Surpasses $10 Billion

The spot Bitcoin ETF market was boosted as of February 29th’s trading closure by the enormous inflows recorded by the offering associated with the top investment asset management company, BlackRock, iShares Bitcoin Trust (IBIT). On Thursday, Grayscale saw massive outflows of $598.9 million, which, if not mitigated, would have caused

March 1, 2024 1 min read

Binance VIP Program Opens Doors to Traditional Asset Traders

A new promotion for Binance’s VIP Invitation Program was unveiled today. By aggregating their spot or futures trading volume on cryptocurrencies and traditional assets from up to two trading venues, new users who trade cryptocurrencies and/or traditional assets on other platforms can now become Binance VIPs in an even more

February 28, 2024 2 mins read