Finance & Crypto News Website
Bitcoin ETFs take a tumble as $217 million flows out of the market on April 25th, leaving investors seeing red. Funds have been at a standstill in the world of ETFs, with five major players failing to see any movement. Among them is BlackRock’s iShares Bitcoin Trust ETF (IBIT), which has been stagnant for two … Read more
XRP Prices Find Stability on April 25th, Locked in a Boxing Match with Monday’s Range. Despite a Slight Dip, Buyers Hold the Reins as Price Action Takes Center Stage. The New York Session Brings a Surge of Buying Pressure, Pushing Against the Resistance at $0.522. Traders Keep a Close Eye on the $0.57 Mark, Aiming … Read more
Two influential U.S. senators, Elizabeth Warren and Bill Cassidy, have joined forces to call upon the Department of Justice and Department of Homeland Security to take swift and decisive action against the use of cryptocurrency in the despicable market of child sex abuse material. Their urgent plea aims to protect innocent children and bring justice … Read more
The digital currency world has been surprisingly tranquil over the last 24 hours, despite the wild ride of Bitcoin’s value as it hovers near the bottom of a bullish flag formation. Zooming in, the battle between Bitcoin and the US dollar has been fierce, with the former struggling to break through the formidable $67,200 barrier. … Read more
Revolutionizing the financial world, Metaplanet Inc. has taken a bold step towards embracing the future of currency by investing a whopping ¥1 billion ($6.25 million) in Bitcoin. Following in the footsteps of industry leader MicroStrategy, Metaplanet’s decision has sent shockwaves through the market and sparked excitement among investors. This strategic move by the Japanese powerhouse … Read more
Bitcoin’s Funding Rate Plummets to Record Low, Signaling Potential Market Shift According to CryptoQuant’s data, the perpetual futures market is experiencing a concerning trend – traders are paying a negative rate to open new long positions. This highlights a decrease in demand for Bitcoin, which is a stark contrast to the record-breaking demand seen in … Read more
Introducing the latest sensation in the world of cryptocurrency – Baby DogeCoin (BABYDOGE)! This little pup has taken the market by storm, breaking all the rules and captivating the hearts of investors. Despite the current bearish climate, BABYDOGE has defied all odds and soared an impressive 15 percent in just 24 hours. Its unexpected rise … Read more
The world of cryptocurrency was sent into a tailspin as prices plummeted in the last 24 hours, wiping out any progress made following the highly anticipated Bitcoin halving. A staggering $110 billion was wiped from the global market cap, leaving it at a mere $2.36 trillion. Short-Term Jitters The crypto market was shaken as Bitcoin … Read more
SEC Set to Reject Spot Ethereum ETFs After Disappointing Talks with Issuers The U.S. Securities and Exchange Commission (SEC) is set to deliver a crushing blow to Ethereum enthusiasts as they prepare to reject applications for spot exchange-traded funds (ETFs) linked to the popular cryptocurrency. Despite hopes for a May approval, U.S. financial firms have … Read more
Bitcoin’s current trading position is causing a stir, with the daily chart showing a downward trend. Despite a glimmer of hope earlier this week, the post-Halving crash has sent prices plummeting. The sharp decline is a clear indication that the coin faced a fierce rejection from its peak on April 13th and the middle BB. … Read more