Author name: Peter

SEC Approves 11 Spot Bitcoin ETFs, Ethereum Rises as Bitcoin Stagnates

gold ira /

Introduction The U.S. Securities and Exchange Commission (SEC) has made history by approving 11 spot bitcoin exchange-traded funds (ETFs) for trading on U.S. stock exchanges. This long-awaited move has generated excitement in the cryptocurrency market. However, the response has been lukewarm, with ethereum stealing the spotlight and outperforming bitcoin. Additionally, a mysterious transfer of $1.19 […]

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LBank Announces Fourth Launchpad, Featuring EchoLink

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LBank's Fourth Launchpad: EchoLink LBank, a leading global crypto exchange, has announced the launch of its fourth Launchpad on January 26, 2024. This exciting launch will feature the project EchoLink, which has already garnered widespread market attention. LBank's previous Launchpad projects, including PINs Network, UMM, and ACGN Protocol's token AIMEME, have been highly successful, further

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Tokenized Real-World Assets: A Diversification Strategy for Modern Investors

crypto ira /

Despite recently garnering much attention, traditional exchange-traded funds (ETFs), including spot bitcoin ETFs, are still inferior to tokenized real-world assets (RWA), according to Zaid Ismail, the COO at the future-proof blockchain Mintlayer. The Appeal of Tokenized Real-World Assets Zaid Ismail stated that, unlike regular ETFs, trading of tokenized RWAs is not limited to normal working

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Bitcoin Technical Analysis: BTC’s Subdued Start to the Week Amid US Market Closures

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Bitcoin's Trading Range and Price Movements On Monday, trading activities in the Bitcoin market are expected to be subdued due to the observance of Martin Luther King Jr. Day, resulting in the closure of the U.S. bond market, Nasdaq, and the New York Stock Exchange (NYSE). Over the past hour, Bitcoin has been trading within

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Ethereum Technical Analysis: ETH Finds Stability in a Consolidation Phase

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Ethereum's Trading Range and Market Influence Ethereum's trading session today started with the cryptocurrency moving between $2,480 and $2,532, staying within a daily range of $2,472 to $2,544. This narrow range suggests a period of consolidation and stability following recent market swings. With a market capitalization of $305 billion and a significant trade volume of

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Howard Lutnick: Bitcoin to Rally Again with Halving Event, Cantor Fitzgerald CEO Says

crypto ira /

Bitcoin's Stable Performance and Anticipated Upswing Howard Lutnick, the CEO of Cantor Fitzgerald, a renowned financial services company, recently shared his insights on bitcoin and tether during his appearance at the World Economic Forum in Davos. Lutnick drew parallels between the current fervor around spot gold exchange-traded funds (ETFs) and the expected trajectory of bitcoin.

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Skybridge Capital Founder Predicts Bitcoin Price to Surge Past $170,000 Next Year

crypto ira /

The Bitcoin Halving and Institutional Demand for Spot Bitcoin ETFs to Boost Crypto Price, Says Anthony Scaramucci Skybridge Capital founder Anthony Scaramucci expects the price of bitcoin to surge past $170,000 next year if the cryptocurrency maintains its current level until the halving in April. Scaramucci predicts that the upcoming Bitcoin halving, combined with the

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Egyptian Fintech Startup Zeal Secures $4 Million to Expand into New Markets

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Introduction Egyptian fintech startup Zeal has recently announced that it has raised $4 million in funding to support its expansion into the European, Middle Eastern, and African markets. The funding round was led by venture capital firms Raed Ventures and Cur8 Capital, with the participation of several angel investors. This capital raise will enable Zeal

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