Bitcoin has seen a remarkable increase of 39.72% in the last month, reaching a new all-time high of $99,800 after the recent U.S. presidential elections. However, it has since corrected to around $90,742, creating uncertainty among analysts. Prominent analyst Ali Martinez suggests a potential December rally, predicting Bitcoin could reach between $125,000 to $140,000, based ...
Bitcoin has experienced a remarkable surge of 39.72% in the last month, reaching an all-time high of $99,800 following the U.S. presidential elections. However, it has since seen a Market correction, currently sitting at $90,742. Despite this volatility, analyst Ali Martinez believes Bitcoin could rally further in December, possibly hitting between $125,000 and $140,000 based ...
Exchange-traded funds (ETFs) focused on Bitcoin and Ether are seeing significant demand following President-elect Donald Trump’s promise to reduce regulations in the crypto industry. In November, Bitcoin ETFs experienced record inflows of $6.5 billion, while Ether ETFs attracted $1.1 billion. The growing interest in Ether highlights a wider appetite for digital assets after Trump’s election. ...
US exchange-traded funds (ETFs) for Bitcoin and Ether are seeing record demand, following President-elect Donald Trump’s promise to ease regulations on the crypto industry. In November, Bitcoin ETFs attracted $6.5 billion, while Ether ETFs drew $1.1 billion, marking significant inflows. The interest in Ether highlights a growing appetite for digital assets among investors. Notably, BlackRock ...
Blockchain technology is changing how industries operate, shifting from traditional centralized models to a decentralized Web3 system. This transition allows users to have more control over their digital identities and assets, potentially creating fairer revenue distribution for creators. A recent example is Justin Sun’s purchase of Maurizio Cattelan’s artwork using cryptocurrency, highlighting the growing acceptance ...
XRP has recently surged into the limelight, surpassing Tether to become the third-largest cryptocurrency, now valued at $138.675 billion. This impressive growth comes after a 30% rise in price to $2.44 and a remarkable 375% increase in just a month, driven by regulatory optimism and potential product launches. Key developments, such as a possible stablecoin ...
On Monday, Bitcoin’s price stayed around $96,000 after recovering from a recent dip. Ethereum climbed above $3,454 and aims to reach the $4,000 mark. Meanwhile, Ripple continues its impressive performance, gaining over 60% last week and trading above $2.41. Bitcoin saw a 7% drop last week but bounced back, indicating a potential move toward its ...
Risk-averse investing in cryptocurrency may seem unlikely, but several U.S. fund providers are introducing ETFs aimed at easing these concerns. These funds will invest in bitcoin while using derivatives to protect against losses. With bitcoin’s value rising significantly this year, many investors who hesitated can now gain exposure without the same level of risk. The ...
A new wave of cryptocurrency exchange-traded funds (ETFs) aims to make investing in Bitcoin less risky. Four asset managers have proposed ETFs that use derivatives to protect against losses. As Bitcoin’s popularity rises, these ETFs could help nervous investors gain exposure without the usual volatility concerns. Options contracts recently introduced on existing Bitcoin ETFs allow ...
Justin Sun, a prominent cryptocurrency entrepreneur, recently gained attention on social media after he ate a banana artwork he purchased for Rs 52 crore, which was a banana taped to a wall. During a press conference at The Peninsula in Hong Kong, he peeled off the tape and enjoyed the fruit, declaring it “much better ...
