cryptocurrency market

Grayscale Investments CEO Michael Sonnenshein shared a positive outlook on the potential approval of a spot Bitcoin (CRYPTO: BTC) ETF. What Happened: In an interview with Yahoo Finance, he said, "We're feeling optimistic," Sonnenshein remarked, highlighting the proactive...

Bitcoin (CRYPTO: BTC) has seen its value increase by 15% since the start of the month. This uptick is closely tied to the progress surrounding spot Exchange-Traded Funds (ETFs). The cryptocurrency's all-time high depends on the real flows that the actual ETF will bring. Otherwise, it may...

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon reiterated on Wednesday his long-standing opposition to Bitcoin (CRYPTO: BTC) and other cryptocurrencies, going so far as to suggest the government should shut down the industry. Dimon, testifying before a U.S. Senate...

The U.S. Securities and Exchange Commission (SEC) on Tuesday announced a delay in its decision regarding the listing and trading of shares of the Grayscale Ethereum (CRYPTO: ETH) Trust. The decision, initially due in December 2023, has been postponed to Jan. 25, 2024, as the SEC required more...

Business intelligence company MicroStrategy Inc. (NASDAQ: MSTR) outshined Bitcoin (CRYPTO: BTC) in terms of market performance and the company's strategic approach to Bitcoin investment. The anticipation of potential Bitcoin ETF approvals in the U.S. has positioned it favorably in the...

Wallet-as-a-Service (WaaS) provider Web3Auth has joined forces with onchain asset custody protocol Safe to introduce SafeAuth, in a bid to streamline the process of creating and using crypto wallets. The goal is to improve user accessibility and security in the blockchain...

The altcoin market in the last 24 hours experienced significant turbulence. What Happened: Over $335 million in liquidations across various altcoin futures, involving Big Time’s (CRYPTO: BIGTIME) and Ordi Protocol’s (CRYPTO: ORDI) tokens, took place. Liquidation in this context...

Just a over month ago, the cryptosphere resembled a post-apocalyptic wasteland. The FTX (CRYPTO: FTT) fallout, regulatory headwinds and global economic tremors had left investors cowering under a blanket of fear. Bitcoin (CRYPTO: BTC), the once-mighty digital messiah, was dethroned, its price...

In a striking statement, macroeconomic expert Raoul Pal forecasted a future when the burgeoning "crypto world" not only rivals but potentially surpasses the traditional "fiat world" in economic scale and influence. Rapid Growth And Migration To The Crypto World:...

El Salvador's former President Nayib Bukele on Monday announced that the country's Bitcoin (CRYPTO: BTC) investment has turned profitable and that the country is currently sitting on an unrealized gain of $3.6 million from its Bitcoin investments. A Turnaround In Investment...

Institutional investors are wary of altcoins and prefer holding Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). According to crypto exchange Bybit, Institutional Investors (INS) increased their Bitcoin holdings during the first three quarters of 2023. In September alone, a staggering 50% of INS...

A closely followed pseudonymous analyst outlined a potential path for Bitcoin (CRYPTO: BTC) to reach $83,000 and setting a short-term target for Ethereum (CRYPTO: ETH) at $2,500. What Happened: An analyst known as Rager expects a speculative surge in Bitcoin's price leading up to the much-...

Scott Johnsson, a general partner at Van Buren Capital, is hyping up the "official" date range for when regulators will approve Spot Bitcoin Exchange-Traded Funds (ETFs). What Happened: Johnsson, citing a letter from Sherry Haywood of the U.S. Securities and Exchange Commission, expects...

Rollbit (CRYPTO: RLB), a composite platform of an online casino and crypto futures exchange, boasts year-to-date (YTD) revenue of $355 million. The company also touts a 70-times YTD return for its RLB token, according to a research report by Alpha Sigma Capital. This performance places it third in...

JPMorgan on Thursday highlighted a resurgence in the decentralized finance (DeFi) and non-fungible token (NFT) sectors in a research report. This revival is attributed to the growing anticipation of a U.S.-based spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), which has positively...