Author name: Nisha

Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs

Coinbase’s Market Dominance Challenged by New Wave of Bitcoin ETFs

Last updated: January 11, 2024 13:16 EST | 1 min read Source: Adobe / 24K-Production The US-based crypto exchange Coinbase is facing increased competition and potential challenges to its market dominance following the approval of spot Bitcoin exchange-traded funds (ETFs) in the US. Notable asset management firms, including BlackRock, Franklin Templeton, and WisdomTree, are set […]

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Fundstrat Predicts Bitcoin Could Hit $500k Within Five Years

Fundstrat Predicts Bitcoin Could Hit $500k Within Five Years

Market research boutique Fundstrat envisions Bitcoin (BTC) reaching $500,000 per coin within the next five years – in large part due to expected Bitcoin spot ETF approvals. “I think in five years, something around half a million would be potentially achievable,” said Fundstrat’s Tom Lee in an interview with CNBC on Wednesday. How Meaningful Is

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Calm Before the Storm? XRP Looking Primed for Big Move But Which Way? (Ripple Price Analysis)

Calm Before the Storm? XRP Looking Primed for Big Move But Which Way? (Ripple Price Analysis)

Ripple has recently faced heightened selling pressure, propelling the price below a crucial support region that includes the wedge’s lower boundary and the 100-day and 200-day moving averages. However, a completed pullback has recently emerged, confirming the validity of the breakout. By Shayan The Daily Chart The daily chart reveals a pronounced drop in Ripple’s

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Its “All Systems Go” for Spot Bitcoin ETF Approval, Senior Analyst Says

Its “All Systems Go” for Spot Bitcoin ETF Approval, Senior Analyst Says

Courtesy: Unsplash It’s “all systems go” as the crypto community waits for SEC approval of a spot bitcoin ETF, according to senior ETF analyst, Eric Balchunas. “Happy ETF Approval Day to all those who celebrate,” ETF analyst says “Happy ETF Approval Day (for real this time) to all those who celebrate,” Balchunas, a senior ETF

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90% of Bitcoin Addresses Are in Profit After Swift Recovery Past $46,000: ITB

90% of Bitcoin Addresses Are in Profit After Swift Recovery Past $46,000: ITB

90% of Bitcoin addresses are in profit even as the crypto asset is over 31% down from its all-time high. IntoTheBlock’s analysis reveals a significant milestone for Bitcoin as it surged past the $46,000 mark, pushing more than 90% of all BTC addresses into a profitable zone. According to the on-chain intelligence platform, historically, such

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CEOs of Spot Bitcoin ETF Hopefuls Expect Trading to Begin Thursday

CEOs of Spot Bitcoin ETF Hopefuls Expect Trading to Begin Thursday

Source: Adobe Stock Two CEOs of spot Bitcoin ETF applicants have come forward to state that they believe their firms’ ETFs should start trading on Thursday, according to recent media appearances made by the crypto executives. Thursday morning trading for spot Bitcoin ETFs? When asked whether he believed trading would start for his firm’s spot

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Digital Currency Group has Settled Over $1 Billion in Debt, Including $700 Million Owed to Bankrupt Genesis

Digital Currency Group has Settled Over $1 Billion in Debt, Including $700 Million Owed to Bankrupt Genesis

Source: Digital Currency Group Digital Currency Group (DCG) has successfully settled over $1 billion in debt, including the substantial amount of nearly $700 million owed to its bankrupt subsidiary, Genesis.  The announcement came from DCG CEO Barry Silbert, who took to the social media platform X to share the news. I’m happy to share that

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