Cryptocurrency Analysis and News Portal
In an effort to democratize access to nonfungible tokens, art collections and other digital assets of value for the masses, Bitwise Asset Management launched its new index fund on Dec. 16.As per the announcement, the Bitwise Blue-Chip NFT Index Fund is designed to allow accredited investors to invest in major nonfungible
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“To successfully front-run, you need to be able to predict the short-term price moves of the underlying [asset] with relative confidence; the volatility of bitcoin and the crypto asset-class makes that a particularly difficult task, fraught with risk,” Sui Chung, CEO of CF Benchmarks said in a Telegram chat. “What
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A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if approved, would introduce a central body to regulate all cryptocurrency brokerage activity — ostensibly the Central Bank of Brazil —
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The United States Securities and Exchange Commission continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices.On Wednesday, the SEC postponed two major Bitcoin exchange-traded offering proposals, including NYSE Arca’s “actual” Bitcoin ETF, named Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin ETF.The
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Crypto markets took a tumble in early European hours as financial regulators in the U.S. and U.K. took measures to curb growing inflation concerns earlier this week.Bitcoin followed a slide in global technology stocks, falling nearly $1,000 in Asian hours on Friday. Sentiment was dented after the Bank of England
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Bitcoin (BTC) may be flagging below $50,000, but its bull market is actually three years old this month.Data from Cointelegraph Markets Pro and TradingView confirms that Bitcoin bulls have at least something to celebrate as 2021 draws to a close.Three years, 2,125% upsideDespite disappointing when it comes to end-of-year price expectations,
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Limping out of 2021Last week we thought we had hit rock bottom for Chinese exchanges, as Bitmart was on
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Bitcoin (BTC) continues to hold support above $46,000, which is near its 200-day moving average. The cryptocurrency could see a brief price bounce toward $55,000 if buyers react to oversold signals on the charts.BTC was changing hands around $47,900 at press time and has traded in a tight trading range
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Bitcoin failed to clear the $50,000 resistance zone against the US Dollar. BTC is sliding and there is a risk of more downsides below $47,000. Bitcoin made two attempts to clear the $49,500 resistance but failed. The price is now trading below $48,500 and the 100 hourly simple moving average. There is a
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This episode is sponsored by NYDIG.Download this episodeYesterday in the wake of the FOMC meeting, the Federal Reserve signaled a hawkish turn. Asset purchases will be tapered at twice the speed, and the Fed is now anticipating three rate hikes next year. So why, in the wake of all that,
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