Bitcoin has achieved a milestone, reaching a price point of $47,000 for the first time since April 2022. This significant price movement comes amidst a market that is bracing for potentially impactful news on the cryptocurrency regulatory front. The ETF hype and price predictions Investors and market spectators are closely monitoring the expected approval of […]
Category Archives: Solana (SOL)
In a recent episode of CNBC’s “Mad Money,” Jim Cramer, a well-known figure in financial commentary, made a bold statement about Bitcoin (BTC), suggesting that the cryptocurrency is “topping out.” “Let’s stop fooling around. You want Bitcoin, buy Bitcoin. I think Bitcoin is topping around by the way,” Cramer said. A contrarian indicator? Cramer […]
Renowned economist and cryptocurrency skeptic Peter Schiff has once again stirred the Bitcoin waters with his latest critique on the X social media. With the anticipation of the potential approval of multiple U.S.-listed spot Bitcoin exchange-traded funds (ETFs) going into overdrive, Schiff called Bitcoin a failed digital currency whose only achievement lies in its speculative […]
Shytoshi Kusama, the lead developer of the Shiba Inu cryptocurrency project, has unveiled an ambitious plan to revolutionize digital identity through the implementation of “.shib” top-level domains (TLDs). This initiative aims to create an identity layer on the internet that is seamlessly integrated with the Shib ecosystem, making digital interactions more straightforward and secure. The […]
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In a Wednesday CNBC interview, Tom Lee, the renowned cofounder of Fundstrat Global Advisors, presented an astonishingly bullish forecast for Bitcoin. Lee predicts that Bitcoin could surge to $150,000 in the next 12 months and escalate to an impressive half a million dollars within five years. Analyzing key factors Lee’s optimistic stance on Bitcoin is […]
After years of anticipation, spot Bitcoin exchange-traded funds (ETFs) are finally coming. According to official Cboe notifications, a suite of Bitcoin ETFs is poised to begin trading on Jan. 11. This event will mark a significant milestone in the cryptocurrency industry. Getting ready Prior to the official trading date, all nine new ETFs have […]
The U.S. Securities and Exchange Commission (SEC) has officially granted approval for several spot Bitcoin exchange-traded funds (ETFs). These ETFs will enable investors to gain exposure to Bitcoin without the complexities of direct ownership. Approved trusts include the Grayscale Bitcoin Trust, Bitwise Bitcoin ETF, and the Hashdex Bitcoin ETF, among others. As noted by ETF […]
Shiba Inu (SHIB) has made a significant stride by erasing another zero from its trading value. The meme-inspired cryptocurrency has witnessed a notable surge in its price, now standing at $0.00001003. This represents a 5.7% increase over the last 24 hours. What “erasing a zero” means for SHIB The concept of “erasing a zero” in […]
Mohamed El-Erian’s recent appearance on CNBC sparked a fresh wave of debate in the crypto community. The investor hailed the launch of 11 spot Bitcoin ETFs as a significant milestone for the cryptocurrency’s investment credentials. El-Erian also suggested that this development does little to cement Bitcoin’s status as a real currency. This nuanced take caught […]