Canary Capital, led by former Valkyrie Funds co-founder Steven McClurg has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Axelar’s AXL token. This move comes as interest in altcoin-based ETFs continues to rise. The investment firm submitted its S-1 registration on 5th
Mexican billionaire Ricardo Salinas has allocated 70% of his total investment portfolio to Bitcoin and Bitcoin-related assets. During his March 4 Bloomberg interview, the founder and chairman of Grupo Salinas discussed his current investment strategy. During 2020 Salinas maintained Bitcoin as 10% of his portfolio, but he increased his holdings
While the global crypto market bleeding as Bitcoin (BTC) dips to the $83,000 zone once again, GoPlus Security’s native token, GPS, has defied the trend with a sharp 16% jump in the last 24 hours. The surge came after Binance, the world’s largest crypto exchange by trading volume, revealed plans
The BitMEX and 100x co-founder Arthur Hayes predicts Bitcoin will sustain its bull market run despite recent price movement. He suggests that Bitcoin’s price might temporarily dip to approximately $70,000 before experiencing a significant rise. Bitcoin’s Potential Dip and Strong Rebound Hayes anticipates a temporary pullback to $70,000 as a
Sonic has fallen significantly since the start of February’s end, a drop that resumed in March and dropped 33% this week. Key indicators such as MACD and RSI also suggest bearish momentum as both are trading in bearish territory. S crypto price touched a high of $0.98 on 21 February
The week-long bearish trend in the crypto market reserved yesterday following Trump’s announcement. When he announced new plans to include altcoins such as XRP, ADA, and SOL in the crypto strategic reserve, the market pumped with double-digit price surges. Analysts have already warned that the market overreacted and it didn’t
The crypto market is surging with renewed hope after the US President Donald Trump mentioned 5 top cryptocurrencies in his announcement. Trump revealed plans to include XRP, SOL, ADA, and other valuable cryptocurrencies in the US crypto strategic reserve yesterday. As a result, the crypto market cap increased by around
Bitcoin (BTC) is experiencing a tough time, dipping below $80K and recording an intraday low of $78,248.92. This significant drop was caused by a mix of political decisions, inflation, and an increase in tariff concerns. U.S. President Donald Trump’s recent announcements on the implementation of a 25% tariff on Mexico
Last year was a year of major changes in the crypto market. There were many events that took center stage, such as new laws and new trends. Everyone was watching, as Bitcoin’s price was moving up and down. So, what were the moments that left a mark? Read on to
Cardano (ADA), one of the top-performing altcoins in the 2024 bull rally, is now facing a steep decline as the crypto market experiences strong volatility. The price of ADA has dropped over 14.24% in a single day, extending its monthly losses beyond 35%. This downturn comes amidst the U.S. Securities
