The $8.6 trillion asset management behemoth Vanguard Group Inc. has taken a conservative stance on the crypto market, especially in the wake of the U.S launch of a spot Bitcoin ETF. “Avoid Bitcoin like the plague,” reportedly cautioned renowned investor Jack Bogle in 2017. Sticking to the cautious investment strategy
While the global crypto market is facing a downturn, Chainlink (LINK) displayed a notable uptrend, rebounding from a test of the 50-day exponential moving average (EMA) observed in the previous trading session. The bulls showcased probability, recovering over 16% of the prior day’s losses, propelling LINK’s value higher. Chainlink encountered
Retik Finance has emerged as a compelling alternative to Polygon (MATIC), triggering a notable selloff in the latter. Priced at a mere $0.08, Retik Finance has garnered attention from experts who foresee a significant surge, projecting a remarkable $15 valuation by 2024. Retik Finance – Redefining DeFi with Innovation Retik
In the landscape of blockchain and decentralised finance, innovation stands as the linchpin for success. While Polygon (formerly Matic Network) has been a stalwart in Ethereum scaling, a formidable competitor is swiftly making its mark—Retik Finance. Positioned as a compelling alternative to Polygon, Retik Finance is gaining prominence with aspirations
XRP finds itself at a pivotal moment, theoretically days away from a major price breakout or breakdown. The cryptocurrency has formed a symmetrical triangle pattern on its chart as buyers and sellers fight for control. XRP has been confined to the triangle structure since its surge to 2023 highs of
The flagship cryptocurrency, Bitcoin (BTC), is currently witnessing a downturn, with Grayscale, one of the largest holders of Bitcoin, engaging in a significant sell-off. This move has left investors and market analysts speculating about its reasons and potential impact on the global crypto market. The catalyst for this development came
Smart investors are always looking for ways to mix up their investments and make the most money. One big investor, who already owns a whopping $150 million in Bitcoin, is making news. They’re showing a strong interest in Ethereum (ETH) and Retik Finance (RETIK) for 2024. This isn’t just moving
Tether, the issuer of the USDT stablecoin, has been heavily investing in Bitcoin throughout Q4 2023, purchasing a large number of BTC. In the last phase of the past quarter, Tether added $380 million worth of bitcoin to its holdings, further solidifying its position in the crypto market. As a
With $1 billion in assets under management (AUM), BlackRock’s spot bitcoin ETF became the first bitcoin ETF provider to reach this milestone on Wednesday. January 12 marked the beginning of trading for the asset manager’s iShares Bitcoin Trust (IBIT). Robert Mitchnick, Head of Digital Assets at BlackRock stated via email:
A significant amount of the Bitcoin (83%), Ethereum (84%), and XRP (81%) supply is profitable, according to a recent publication by Santiment. Movements outside of the 55–75% range have traditionally been seen as low risk, while those within the range have been seen as average. The PSP indicator tracks the
