NFT Market Surges in Q2 2024: Best Quarter Since Early 2023, Reports DappRadar
Posted inNFTs Market

NFT Market Surges in Q2 2024: Best Quarter Since Early 2023, Reports DappRadar

July 5, 2024
Despite Bitcoin experiencing a continuous decline, the non-fungible token (NFT) market has defied expectations, recording its best quarter since early 2023. In Q2 2024, NFTs saw a 28% increase in sales count, reaching levels last seen in Q1 2023, according to a recent research report by DappRadar. Surge in NFT Trading Volume NFTs recorded $4 ... Read more
Bitcoin Price Prediction as Bears Take Control – Will BTC Fall Below $60,000?
Posted inBitcoin Analysis Market Trending

Bitcoin Price Prediction as Bears Take Control – Will BTC Fall Below $60,000?

June 24, 2024
Bitcoin (BTC) began the week on a bearish note, dropping significantly overnight from $64,380 to $62,650. Over the past week, BTC has declined more than 6%, currently trading around $61,090. Increased Selling Pressure and Miner Activity The decline can be attributed to selling pressure from 1.9 million addresses that bought Bitcoin between $63,490 and $64,930, ... Read more
Ether Could Drop to $2,400 After Launch of Spot Ether ETFs, Warns Crypto VC Founder
Posted inEthereum Analysis Market Trending

Ether Could Drop to $2,400 After Launch of Spot Ether ETFs, Warns Crypto VC Founder

June 24, 2024
The price of Ether (ETH) could face a significant decline to around $2,400 following the introduction of spot Ether exchange-traded funds (ETFs), a nearly 30% drop from its current value. This prediction comes from Andrew Kang, founder and partner at Mechanism Capital, a venture capital firm specializing in crypto investments. Kang shared his insights on ... Read more
Mt. Gox to Begin Bitcoin and Bitcoin Cash Repayments in July
Posted inBitcoin Market Trending

Mt. Gox to Begin Bitcoin and Bitcoin Cash Repayments in July

June 24, 2024
Mt. Gox, the once-prominent Japanese Bitcoin exchange that infamously collapsed in 2014, is set to start distributing repayments to its creditors in Bitcoin (BTC) and Bitcoin Cash (BCH) starting in July 2024. This development comes after years of legal battles and recovery efforts following the loss of approximately 850,000 Bitcoins. Long-Awaited Repayments The collapse of ... Read more
VanEck’s Bitcoin ETF Debuts on Australian Exchange with $1.3M Inflows on First Day
Posted inBitcoin Market Trending

VanEck’s Bitcoin ETF Debuts on Australian Exchange with $1.3M Inflows on First Day

June 20, 2024
Investment management firm VanEck's first spot bitcoin exchange-traded fund (ETF) made a notable debut on the Australian Securities Exchange (ASX), attracting $1.3 million in inflows on its first day of trading. The ETF, trading under the ticker “VBTC,” launched with AUD 982.85K (approximately USD 655.56K) in assets and carries a management fee of 0.59%. This ... Read more
Three Reasons Behind Tuesday’s Crypto Market Decline
Posted inBitcoin Crypto Market Trending

Three Reasons Behind Tuesday’s Crypto Market Decline

June 19, 2024
The recent slump in the cryptocurrency market has drawn attention, with analysts from CryptoQuant suggesting a potential bottom is in sight. The total cryptocurrency market experienced a decline of over 7% in the past week and more than 3% over the month. Bitcoin (BTC) fell below the $65,000 mark, while altcoins saw even steeper corrections. ... Read more
Bitcoin Price Prediction as BTC Consolidates at Support – When Will the Next Move Up Occur?
Posted inBitcoin Market Trending

Bitcoin Price Prediction as BTC Consolidates at Support – When Will the Next Move Up Occur?

June 17, 2024
Bitcoin’s price has experienced a slight decline of 0.5% in the past 24 hours, settling at $66,155, which also represents a 0.7% loss in the past hour. This minor change is part of a broader trend, as the cryptocurrency market overall has dropped by 0.5% today, with Bitcoin itself down by 4.5% over the past ... Read more
Analyst from Fineqia Discusses Impact of Spot ETFs on Bitcoin’s Market Dynamics
Posted inBitcoin Analysis Market Trending

Analyst from Fineqia Discusses Impact of Spot ETFs on Bitcoin’s Market Dynamics

June 13, 2024
In an exclusive interview with Crypto.news, Matteo Greco, a research analyst at Fineqia International, delved into the current state of the Bitcoin ETF market and its future prospects. Bitcoin has proven to be one of the top-performing assets over the past decade. Initially a niche peer-to-peer payment system, it has now become a major asset ... Read more
Tim Ryan: Crypto’s Rising Popularity Among Democrats, Predicts Gensler’s Departure
Posted inCrypto Market

Tim Ryan: Crypto’s Rising Popularity Among Democrats, Predicts Gensler’s Departure

June 13, 2024
Former Democratic Representative Tim Ryan believes that cryptocurrency is gaining traction within the Democratic Party. This growing interest was highlighted when the U.S. House of Representatives passed bill FIT21 with a significant majority of 279 to 136, including 71 Democrats in favor. Ryan's comments to MarketWatch underscore a shift in the Democratic stance towards cryptocurrency ... Read more
Make Bitcoin Mining Stocks Great Again? Trump Calls for US Mining Dominance
Posted inBitcoin Market Trending

Make Bitcoin Mining Stocks Great Again? Trump Calls for US Mining Dominance

June 12, 2024
In a bold move, former President Donald Trump has called for the United States to become the dominant player in Bitcoin (BTC) mining. Announced on Tuesday, Trump's vision is for all remaining Bitcoin to be mined within the U.S., leveraging the country's vast energy potential. In a late-night post on Truth Social, Trump, the Republican ... Read more