SEC Foresakes Appealing Grayscale Ruling: Spot Bitcoin ETF Approval Nears Reality
Market Analysis

Bitwise Will Donate 10% of Profits of its Spot Bitcoin ETF

January 11, 2024 0

Bitwise plans to utilize profits from its spot Bitcoin exchange-traded fund (ETF) to bolster open-source development within the Bitcoin community. “Bitwise Asset Management announced today that the company will donate 10% of profits of the […]

X (Twitter) Removes Support for NFTs
Market Analysis

Why X (Twitter) Removed Support For NFTs?

January 11, 2024 0

X (Twitter) has officially discontinued supporting non-fungible tokens (NFTs) as profile pictures for its paid subscribers.  This decision signifies a notable shift in the platform’s direction. It also has ambitious plans for 2024, including peer-to-peer […]

These Are the Most Undervalued Cryptos: Is it Time to Buy the Dip?
Market Analysis

Time to Buy the Dip?

January 11, 2024 0

In the cryptocurrency market, savvy investors keep an eye out for opportunities, especially during market dips. Recently, the MVRV (market-value-to-realized-value) ratio, has highlighted several cryptos as significantly undervalued. This raises an intriguing question for seasoned […]

SEC Foresakes Appealing Grayscale Ruling: Spot Bitcoin ETF Approval Nears Reality
Market Analysis

SEC Approves Spot Bitcoin ETF

January 11, 2024 0

In a historic move, the US Securities and Exchange Commission (SEC) has approved the first spot Bitcoin ETF (exchange-traded fund), marking a significant milestone for cryptocurrency in the financial markets. This groundbreaking decision has sent […]

Forecasting Ripple: Is There a Further Decline in the XRP Price on the Horizon?
Market Analysis

Is Ripple Set for an Extended Price Slump?

January 10, 2024 0

The recent 33% decline in Ripple’s (XRP) price has raised questions about whether this downward trend will continue or if a correction is nearing its end. Currently, Ripple is finding significant support, which could play […]

Celsius initiates recovery of large pre-bankruptcy withdrawals
Market Analysis

Celsius initiates recovery of large pre-bankruptcy withdrawals

January 10, 2024 0

Celsius Creditors withdrawing $100k+ pre-bankruptcy face legal action and must comply for future distributions. Celsius’ post-bankruptcy Bitcoin mining focus approved; Ethereum unstaked for timely creditor repayments. Legal challenges persist; CEO Alex Mashinsky faces fraud charges; […]