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Bitcoin Long-Term Holders Spend 300k BTC Amid Multi-Year Highs, Losses Thin Out
14.2.2024
Almost all Bitcoin long-term holders are back in the black this week after the leading digital asset resurged above $50,000 on Monday for the first time since December 2021. That’s despite a major market pullback last month following the launch of several Bitcoin spot ETFs, characterized by many...
Best Crypto to Buy Today February 13 – AKT, GNO, STX
13.2.2024
Explore what experts are saying about the best crypto to buy now, focusing on long-term potential and recent market trends in the blockchain space. Image by cryptonews.com. With major cryptocurrencies experiencing a price dip on Tuesday in wake of hotter-than-expected US CPI data that has seen...
Bitcoin Active Supply Surges as Long-Term Holders Start Moving Assets
9.2.2024
Market activity around Bitcoin (BTC) has increased since the approval of spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC). A recent market report from Bitfinex shows a slight increase in the amount of BTC in circulation. Long-term investors are holding on to more...
New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits
8.2.2024
Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors Service downgraded the bank’s credit rating to junk status. The bank’s troubles have ignited concerns over a potential...
Long-term investors set their eyes from Ethereum (ETH) & Binance Coin (BNB) to DeeStream (DST) Presale which is set to soar
6.2.2024
Ethereum (ETH) and Binance Coin (BNB) are the world’s second and fourth-largest cryptocurrencies by market capitalization, respectively. However, they aren’t exactly the best cryptos to buy into for crypto investors looking for major gains in 2024. At most, investors could expect a 2x to 3x...
Crypto Market Anticipates Release of $900M in Vested Tokens in February
2.2.2024
The digital asset market is anticipating the release of approximately $900 million in vested tokens in February. Various projects, including Avalanche, Aptos, The Sandbox, Optimism (OP), and Sui (SUI), are preparing to unlock tokens. Vesting refers to locking digital assets for a predetermined...
New York Community Bancorp Grapples With 40% Share Drop Following Disappointing Earnings Report
31.1.2024
New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%, prompting a halt in trading. Currently, NYCB shares have experienced a decline of just above 36%, trading at $6.61 per share. Last Year’s Banking Fears Resurface as NYCB Faces...
Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market
30.1.2024
Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF Fee Slashed in Response to Intense Market...
Tesla Maintains Bitcoin Holdings — $184M in Digital Assets Shown on Balance Sheet
26.1.2024
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s balance sheet for Q4 2023 shows net digital assets of $184 million. Musk is convinced that in the long term, Tesla will be the most valuable company on earth. The billionaire recently disclosed...
My Long-Term Investment Case for Bitcoin
25.1.2024
There are short-term factors like the new U.S. ETFs and the upcoming Bitcoin halving. But the longer-term case rests on larger macro factors, says Torbjørn Bull Jenssen
Bitcoin ETFs: Mixed signals in first week, Long-term outlook bullish
23.1.2024
It has been a week since Bitcoin ETFs started trading in the US. The net inflow into the ETFs recorded till now is 572 million dollars. While the number is outstanding, it pales in comparison to the expected numbers. Traders and BTC enthusiasts forecast the inflow to be in the multiple billions....
Whale Watch — $2 Billion in Bitcoin Awakens, Shifting From Long-Term Hibernation
17.1.2024
Arkham Intelligence reports that approximately $2 billion worth of bitcoin, stored in five distinct addresses, experienced movement on Jan. 16, 2024, for the first time since their initial deposit in 2019. Each of these addresses obtained their funds from wallets established on Jan. 15, 2019...
Cardano Price Prediction as ADA Drops Towards $0.52 – Time to Buy the Dip?
17.1.2024
The Cardano (ADA) price is eyeing a possible drop below $0.52 as short-term price predictions turn bearish, but long-term bulls are nonetheless asking whether now is time to buy the dip. Nearly all cryptocurrencies in the top 20 by market capitalization are trading with losses on Wednesday....
MANTA Token Airdrop All Set for 18th January – Here’s All You Need to Know
17.1.2024
Manta Network, a platform dedicated to building scalable decentralized applications, is gearing up to reward its community with a MANTA token airdrop. The event, scheduled on January 18, 2024, serves as a gesture of gratitude to the long-term supporters of Manta’s two networks, including...
Ripple CEO Blasts Gary Gensler as ‘Political Liability’ — Says New SEC Chair Will Be Good for the American People
17.1.2024
The CEO of Ripple, Brad Garlinghouse, has slammed the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, as a “political liability.” Emphasizing that Gensler is not acting in the interests of the people or the long-term growth of the economy, the Ripple executive said:...
Kevin O’Leary Says He’ll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term
15.1.2024
Kevin O’Leary, aka Mr. Wonderful, says he will never buy a spot bitcoin exchange-traded fund (ETF) as he is holding bitcoin for the long term as digital gold. “Why would I pay these fees?” he said, adding that spot bitcoin ETFs “add no value” and are “completely...
Bitcoin Price Marks First-Ever “Golden Cross” During ETF Hype
9.1.2024
Source: Adobe / A.AKS Bitcoin (BTC) just flashed an ultra-bullish technical indicator called the “golden cross” for the first time ever on its weekly price chart. A golden cross occurs when a short-term moving average of an asset’s price crosses above a long-term moving average. Market participants...
Kevin O’Leary Anticipates Strong Institutional Interest in Crypto Regardless of Spot Bitcoin ETF Outcome
5.1.2024
Shark Tank investor Kevin O’Leary, also known as Mr. Wonderful, has emphasized that institutional interest in crypto and bitcoin will remain high regardless of the U.S. Securities and Exchange Commission (SEC)’s decision on spot bitcoin exchange-traded funds (ETFs). “Even a...
Vaneck Director: People Tend to Underestimate Long-Term Impact of Spot Bitcoin ETFs
2.1.2024
Vaneck’s director of digital assets strategy has explained why people tend to underestimate the long-term impact of spot bitcoin exchange-traded funds (ETFs). He believes that upon the approval of a U.S. spot bitcoin ETF by the Securities and Exchange Commission (SEC), “bitcoin’s price trajectory...
VanEck Adviser Says Spot Bitcoin ETF Impact is Overestimated Despite Long-Term Gains
1.1.2024
Source: Adobe Stock VanEck adviser Gabor Gurbacks pointed out that the hype of a Bitcoin (BTC) spot ETF in the market could be overestimated in terms of short-term inflows but could see long-term gains as the window widens. In a Jan 1 post, Gurbacks wrote on X (formerly Twitter) that people have...