Since the beginning of the month, Bitcoin’s (BTC) value has increased by the most among all cryptocurrencies. After a sustained bullish ascent, the leading cryptocurrency reached a new annual high of almost $31,000 this past week. Bitcoin is now trading at $30,555 at the time of this writing. Glassnode, an
“Mad Money” anchor and crypto critic Jim Cramer from CNBC has made it clear that he is “not against crypto,” but is against fraudulent ventures using cryptocurrency. The American, who has changed his mind several times over the years, has made another contentious declaration. The cryptocurrency industry often makes fun
Casa, a cryptocurrency self-custody platform, recently added support for Ether storage, claiming this to be a first in the market alongside its support for Bitcoin self-storage. Moreover, Casa has been advocating for multisignature self-custody in the cryptocurrency space since its creation in 2016. Its flagship Bitcoin vault has multi-key encryption,
The U.S. Securities and Exchange Commission has approved the first leveraged Bitcoin futures exchange-traded fund (ETF). Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) becomes the first leveraged crypto ETF to get approved in the United States. On June 23, Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) received approval from the
Peter Schiff, the renowned economist and financial broker, suggests that Bitcoin’s inclusion in the recent rally of highly speculative assets might signal the nearing end of this economic uptick. Schiff, known for his unflinching skepticism towards cryptocurrency, made these claims in a recent tweet, stoking anxieties about the sustainability of
In a recent report to TheNewsCrypto, a pseudonymous analyst unveiled an exciting multi-timeframe analysis of Bitcoin (BTC). The findings provide valuable insights into the leading cryptocurrency’s potential bullish rally, igniting anticipation among traders and investors. The Weekly Time Frame Unveils Promising Pattern According to the reports, upon careful examination of
Turkey’s central bank delivered a significant interest rate rise on Thursday, signaling a turn towards more traditional economic strategies to tackle sky-high inflation. The bank’s benchmark interest rate was increased by 6.5 basis points, to 15%. The first hike since March 2021, represents a leap from the current 8.5% but
Bitcoin (BTC), the crypto market leader, experienced a significant surge for the second consecutive day, buoyed by investor confidence following the filing of spot Bitcoin exchange-traded fund (ETF) applications by prominent asset management firms, including BlackRock. The cryptocurrency, which holds the largest market capitalization, rose by nearly 5% over the
In recent news, we found out that the FED plans to raise interest rates soon, which caused worry all over. However, the worry immediately subsided as China announced its stimulus package that has the potential to inflate everything, including Bitcoin (BTC), Ethereum (ETH), and Tradecurve (TCRV). Out of the three,
Financial powerhouse Valkyrie is the latest to apply to the U.S. Securities and Exchange Commission (SEC) for approval to launch a spot Bitcoin Exchange-traded fund (ETF). Spot Bitcoin ETF registration with the SEC was submitted by Valkyrie on June 21. They want to have the fund listed on the Nasdaq
