2024 has been a rollercoaster year for the cryptocurrency market, marked by high volatility and dramatic shifts. Amidst this turbulent backdrop, one cryptocurrency that has consistently piqued the interest of investors and analysts alike is Solana (SOL). The big question on everyone’s mind is: Can Solana hit the $200 mark
Mike McGlone, a senior commodity analyst at Bloomberg, predicts that Bitcoin would underperform the stock market in 2024 when adjusted for risk, while gold could emerge victorious. In spite of the optimistic talk around the impending Bitcoin halving and the recent approval of spot Bitcoin ETF, the biggest cryptocurrency may
FRANKFURT, Germany–(BUSINESS WIRE)–As the world of investing continually evolves with the advent of digital assets, a groundbreaking book is set to transform the way institutional and individual investors approach cryptocurrency. “Mastering Crypto Assets: Integrating Bitcoin, Ethereum, and Beyond,” published by Wiley Publishing, is available today. The book offers a comprehensive,
With a profound understanding of the blockchain industry and a proven track record of successful investments in Ethereum, Fantom, block.one, Cosmos, Polkadot, and more, billionaire investor Stelian Balta is recognized for his strategic insights and contributions to the growth of the blockchain ecosystem, boasting over 150 investments in the space.
The Bitcoin market is grappling with a significant shift in momentum as selling pressure intensifies, giving bears the upper hand. The prominent asset manager, Grayscale, known for overseeing the Grayscale Bitcoin Trust (GBTC), is playing a pivotal role in driving this trend. While initial excitement over spot Bitcoin ETFs led
Several critical stats soared in the last week, contributing to Solana’s NFT ecosystem’s flourishing. This occurred as the value of its native token dropped by more than 5% in the last 24 hours. According to CryptoSlam’s research, Solana’s NFT ecosystem saw development in many areas within the last week. Its
In a research report released on Monday, JPMorgan downgraded U.S. exchange Coinbase (COIN) to underweight and warned that the debut of spot bitcoin ETFs, the primary driver of bullish sentiment in the cryptocurrency markets last year, might disappoint investors in 2024. Analysts led by Kenneth Worthington mentioned: “While we continue
EDX closed series B funding round co-led by Pantera Capital and Sequoia Capital to fuel international expansion. Launched new clearinghouse to provide members with the most competitive and capital efficient market through a streamlined settlement process. Members traded more than $1.4 billion in notional volume in December ‘23 and Clearinghouse
Grayscale has experienced massive losses amounting to billions of dollars. Total platform outflows reached approximately $2.2 billion on the fifth trading day of spot Bitcoin ETF, with Grayscale seeing a substantial outflow of $579.6 million. Grayscale has deposited 63,991 Bitcoin, worth about $2.68 billion, according to statistics from Lookonchain. It
FRANKFURT, Germany–(BUSINESS WIRE)–MarketVector IndexesTM (“MarketVector”) a leading global index provider with over USD 31 billion in licensed assets tracking its benchmarks, announces a significant strategic investment in CCData, the FCA-authorized benchmark administrator and global leader in digital asset data and index solutions. This investment highlights MarketVector’s commitment to advancing innovative
