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Bitcoin’s Push Toward $100,000 Runs Into a Wall of Resistance
Bitcoin's unstoppable surge towards a record price of $100,000 appears to be waning. With Bitcoin's price levelling off, attention is shifting to other digital currencies like Ether and XRP, which have not kept pace with Bitcoin's historic rise following President-elect Donald Trump's victory.
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Hong Kong Approves BTC and ETH Spot ETFS, Indian Web3 Community Lauds ‘Landmark’ Decision
Hong Kong has approved the trading of spot BTC and ETH ETFs on Monday, April 15. The final approval was signed by the Hong Kong Securities and Futures Commission (SFC). Spot ETFs track the current price of commodities and allow traders to get exposure to the current price of BTC without having to purchase and hold the asset.
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Crypto Price Today: Bitcoin Trades at Over $43,000, Future Crypto Rally Relies on ETF Approvals in US
In the last 24 hours, the valuation of the crypto sector dipped by 2.38 percent. On Monday, January 8, Bitcoin and Ether both recorded small losses as the market became volatile. The investor community, especially in the US, is waiting to get news on ETF approvals from the SEC.
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Crypto Market Watch: Bitcoin, Ether Carry Recovered Prices Into June End Amid Market Volatility
The valuation of the overall crypto market slipped by 0.84 percent. While Bitcoin stepped into the trading arena with a small loss on Monday, June 26, Ether managed to retain profits. The last weekend of the month did bring some positive developments to the crypto industry. The SEC, for instance, approved the launch of the first leveraged Bitcoin F...
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Crypto Market Watch: Loss-Ridden Bitcoin Trades at $25,000, Major Cryptocurrencies Record Price Drops
The overall valuation of the crypto sector incurred a loss of 3.42 percent in the last 24 hours. All of the top ten cryptocurrencies by market valuation are trading in losses on Thursday, June 15. The US Federal Reserve, in its latest update said that it will maintain the risen interest rates and also cautioned about potential future rate hikes to ...
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Samsung Asset Management to Begin Listing Bitcoin Futures ETF via Hong Kong Stock Exchange Market
Samsung Asset Management will list its Bitcoin Futures Exchange Traded Fund (ETFs) on the Hong Kong Stock Exchange. The ETF will track Bitcoin’s spot prices for investments in Bitcoin futures products that are already listed on the Chicago Mercantile Exchange (CME). The aim of Samsung's decision is to expose the masses to Bitcoin and its usage as...
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Binance CEO Changpeng Zhao Calls Bitcoin's Bear Market Good for Crypto Future
Changpeng Zhao, the CEO of Binance crypto exchange believes that a bear market in regular intervals is ‘healthier’ in the long term than a constant upward trend for cryptocurrencies like Bitcoin. According to Zhao, investors should look at token prices as signs of how the crypto market is doing.
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Cryptoverse: With NFT Market Moving Towards Collapse, Experts Weigh What Lies Ahead
The NFT market has plunged down in recent months. Monthly sales volume on the largest NFT marketplace, OpenSea, fell down to $700 million (nearly Rs. 5,500 crore) in June. The average NFT sale sunk to $412 (nearly Rs. 32,700), from $1,754 (nearly Rs. 1,39,200)Â at the end of April, according to NonFungible.com.
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ProShares Launches Futures ETF That Lets Investors Bet Against Bitcoin Gains
ProShares has announced the launch of a new Bitcoin futures ETF that will allow investors to "conveniently" profit from price drops. The ETF is slated to begin trading under the ticket 'BITI' on the New York Stock Exchange.
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30 Percent of Bitcoin Supply Held at a Loss: Here's What It Means for BTC HODLers
According to on-chain analytics firm Glassnode, 30 percent of BTC supply is currently in the red and historically, this has been an important number for bulls to defend.
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Crypto Bill: India Seeks to Block Most Cryptocurrencies, Create Framework for Official Digital Currency
India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said.
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Crypto Market Value Tops $3 Trillion For the First Time
Cryptocurrency market has topped $3 trillion (roughly Rs. 2,22,26,385 crore) for the first time.
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What Is a Bitcoin Exchange-Traded Fund (ETF)
Future ETFs allow two parties to sign a contract to sell and buy a said cryptocurrency like Bitcoin on a specific date. Regardless of the asset price on the expiring date of this contract, the commodity is traded at the agreed-upon price.
-
Bitcoin Marks All-Time High of Over $67,000; Ether, Dogecoin Jump on Gain-Wagon
While Bitcoin is rallying forward with consistently recorded gains, majority altcoins including Ether, Cardano, and Dogecoin, among others, have also registered gains in the last 24 hours. Only a handful of crypto-coins open with dips, but only marginal.
-
Bitcoin Edges Off All-Time High but Momentum for More Gains This Year Seen Intact
Bitcoin fell slightly in Asian hours on Thursday, a day after marking an all-time high on optimism around the launch of the first US bitcoin futures ETF.
-
Bitcoin’s Push Toward $100,000 Runs Into a Wall of Resistance
Bitcoin's unstoppable surge towards a record price of $100,000 appears to be waning. With Bitcoin's price levelling off, attention is shifting to other digital currencies like Ether and XRP, which have not kept pace with Bitcoin's historic rise following President-elect Donald Trump's victory.
-
Hong Kong Approves BTC and ETH Spot ETFS, Indian Web3 Community Lauds ‘Landmark’ Decision
Hong Kong has approved the trading of spot BTC and ETH ETFs on Monday, April 15. The final approval was signed by the Hong Kong Securities and Futures Commission (SFC). Spot ETFs track the current price of commodities and allow traders to get exposure to the current price of BTC without having to purchase and hold the asset.
-
Crypto Price Today: Bitcoin Trades at Over $43,000, Future Crypto Rally Relies on ETF Approvals in US
In the last 24 hours, the valuation of the crypto sector dipped by 2.38 percent. On Monday, January 8, Bitcoin and Ether both recorded small losses as the market became volatile. The investor community, especially in the US, is waiting to get news on ETF approvals from the SEC.
-
Crypto Market Watch: Bitcoin, Ether Carry Recovered Prices Into June End Amid Market Volatility
The valuation of the overall crypto market slipped by 0.84 percent. While Bitcoin stepped into the trading arena with a small loss on Monday, June 26, Ether managed to retain profits. The last weekend of the month did bring some positive developments to the crypto industry. The SEC, for instance, approved the launch of the first leveraged Bitcoin F...
-
Crypto Market Watch: Loss-Ridden Bitcoin Trades at $25,000, Major Cryptocurrencies Record Price Drops
The overall valuation of the crypto sector incurred a loss of 3.42 percent in the last 24 hours. All of the top ten cryptocurrencies by market valuation are trading in losses on Thursday, June 15. The US Federal Reserve, in its latest update said that it will maintain the risen interest rates and also cautioned about potential future rate hikes to ...
-
Samsung Asset Management to Begin Listing Bitcoin Futures ETF via Hong Kong Stock Exchange Market
Samsung Asset Management will list its Bitcoin Futures Exchange Traded Fund (ETFs) on the Hong Kong Stock Exchange. The ETF will track Bitcoin’s spot prices for investments in Bitcoin futures products that are already listed on the Chicago Mercantile Exchange (CME). The aim of Samsung's decision is to expose the masses to Bitcoin and its usage as...
-
Binance CEO Changpeng Zhao Calls Bitcoin's Bear Market Good for Crypto Future
Changpeng Zhao, the CEO of Binance crypto exchange believes that a bear market in regular intervals is ‘healthier’ in the long term than a constant upward trend for cryptocurrencies like Bitcoin. According to Zhao, investors should look at token prices as signs of how the crypto market is doing.
-
Cryptoverse: With NFT Market Moving Towards Collapse, Experts Weigh What Lies Ahead
The NFT market has plunged down in recent months. Monthly sales volume on the largest NFT marketplace, OpenSea, fell down to $700 million (nearly Rs. 5,500 crore) in June. The average NFT sale sunk to $412 (nearly Rs. 32,700), from $1,754 (nearly Rs. 1,39,200)Â at the end of April, according to NonFungible.com.
-
ProShares Launches Futures ETF That Lets Investors Bet Against Bitcoin Gains
ProShares has announced the launch of a new Bitcoin futures ETF that will allow investors to "conveniently" profit from price drops. The ETF is slated to begin trading under the ticket 'BITI' on the New York Stock Exchange.
-
30 Percent of Bitcoin Supply Held at a Loss: Here's What It Means for BTC HODLers
According to on-chain analytics firm Glassnode, 30 percent of BTC supply is currently in the red and historically, this has been an important number for bulls to defend.
-
Crypto Bill: India Seeks to Block Most Cryptocurrencies, Create Framework for Official Digital Currency
India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said.
-
Crypto Market Value Tops $3 Trillion For the First Time
Cryptocurrency market has topped $3 trillion (roughly Rs. 2,22,26,385 crore) for the first time.
-
What Is a Bitcoin Exchange-Traded Fund (ETF)
Future ETFs allow two parties to sign a contract to sell and buy a said cryptocurrency like Bitcoin on a specific date. Regardless of the asset price on the expiring date of this contract, the commodity is traded at the agreed-upon price.
-
Bitcoin Marks All-Time High of Over $67,000; Ether, Dogecoin Jump on Gain-Wagon
While Bitcoin is rallying forward with consistently recorded gains, majority altcoins including Ether, Cardano, and Dogecoin, among others, have also registered gains in the last 24 hours. Only a handful of crypto-coins open with dips, but only marginal.
-
Bitcoin Edges Off All-Time High but Momentum for More Gains This Year Seen Intact
Bitcoin fell slightly in Asian hours on Thursday, a day after marking an all-time high on optimism around the launch of the first US bitcoin futures ETF.
