Author name: Peter

Declining Crypto Stock Performance Raises Concerns in the Market

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Bitcoin ETFs and Publicly-Listed Crypto Companies Face Losses While spot bitcoin exchange-traded funds (ETFs) saw significant trading activity on Thursday and Friday, publicly-listed crypto companies experienced a different outcome. Several equities witnessed substantial losses when the market closed on Friday. For instance, Marathon Digital Holdings' shares plummeted by over 15%, while Coinbase Global's stock registered […]

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The Non-Fungible Token (NFT) Market Sees $311 Million in Weekly Sales

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Bitcoin NFT Sales Outperforming Other Blockchain Networks In the past week, the non-fungible token (NFT) market recorded sales totaling $311.31 million, representing a slight increase of 0.05% compared to the previous week. However, NFT sales on the Bitcoin blockchain experienced a decrease of 19.12% from the previous week. Weekly NFT Sales Data Data from cryptoslam.io

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The 2024 Bitcoin Halving: What to Expect for BTC Value and Miners

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As 2024 unfolds, the excitement in the cryptocurrency community is reaching a peak as the Bitcoin halving event approaches. This event has the potential to reshape the market landscape and has historically had a significant impact on the crypto scene. With insights from past halvings in mind, let's explore what the upcoming 2024 halving might

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Vanguard Doubles Down on Anti-Bitcoin and Anti-Crypto Policy, Blocks Access to Spot Bitcoin ETFs

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Vanguard's Anti-Crypto/Bitcoin Policy Intensifies Investing giant Vanguard has reaffirmed its anti-crypto and anti-bitcoin stance by blocking investors from accessing spot bitcoin exchange-traded funds (ETFs) recently approved by the U.S. Securities and Exchange Commission (SEC). Furthermore, Vanguard has announced that it will no longer accept purchases of cryptocurrency products, including bitcoin futures ETFs. This decision has

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

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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

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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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