Cryptocurrency Analysis and News Portal
Here, we look at the current state of cryptocurrency regulations and talk to experts on what to expect in 2024. As we step into the new year, analysts expect to see a surge in regulatory clampdowns in the crypto space. The rules will expand to cover anti-money laundering and counter-terrorist financing
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Matrixport analysts expect the U.S. Securities and Exchange Commission (SEC) to reject all Bitcoin (BTC) spot ETFs in January. In the latest Matrix report, “Why the SEC will REJECT Bitcoin Spot ETFs again”, analysts predict that all applications for spot Bitcoin ETFs could receive approval in the second quarter of 2024.
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Tracing the journey of cryptocurrencies from 1990s experiments to a multi-trillion dollar industry. Starting in the 1990s with early digital money experiments and leading up to the launch of Bitcoin (BTC) during the 2008 financial crisis, the crypto market has expanded rapidly. As of Jan. 3, the global crypto market has reached
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CoinMarketCap has seen cryptos Bonk, MultiversX, and Terra Classic experience larger than average losses between 17% and 18% amid shaken investor confidence. The top faller, Bonk (BONK), is a meme coin that gained rapid popularity on the Solana network and has since seen rapid fluctuations, with a 41%, with a 20.8%
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Bitget increased its headcount ahead of anticipated developments in crypto’s two largest decentralized networks and the intersection between AI and digital assets. The crypto exchange added some 400 staffers to its workforce during 2023 in preparation for major industry trends involving Artificial Intelligence (AI), Bitcoin (BTC), and Ethereum (ETH). According to
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According to CoinGecko, one of the largest global crypto data aggregators, the cryptocurrency market is down to $1.7 trillion, down 7% in the last 24 hours. Alongside the reduced market cap of the industry is a 6.6% decrease in the price of Bitcoin, a 7.8% decrease in the price of Ethereum,
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin could reach an all-time high price of $80,000 in 2024, according to a prominent analyst. Let’s dive into this optimistic forecast. Analysts say a trifecta of catalysts could push
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In response to Bitcoin’s recent price fluctuations, the options market is showing heightened activity, particularly with a focus on call options at a $50,000 strike price set to expire on Jan. 26. According to Deribit data, over 8,300 contracts, valued at $376 million, are outstanding at this strike price, suggesting a
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Fidelity Investments has filed registration of securities with the SEC for its spot Bitcoin ETF. With over $4.5 trillion in assets, the firm has filed Form 8-A with the U.S. Securities and Exchange Commission (SEC) to register its Fidelity Wise Origin Bitcoin Fund. This filing indicates a move to make the
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Memecoins took the hardest hit in today’s market selloff, losing almost double the market cap of the average market. Earlier today reports from Matrixport regarding the SEC’s potential rejection of Bitcoin ETF applications triggered a significant liquidation across the market. Within four hours, the market lost over $540 million, with Bitcoin
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