Tag: Digital Assets
Bitcoin Price Analysis: Key Support Level Breached After Rejection at $70K
Bitcoin recently faced a significant drop below the crucial support level of $67,000 to $68,000 after failing to break above the $70,000 mark. According to crypto analyst Josh, Bitcoin needs to surpass this support...
Ether ETF’s Institutional Demand Unaffected by Lack of Staking, Says 21Shares’ Ophelia Snyder
Institutional investors are not worried about the lack of staking in U.S. spot ether exchange-traded funds (ETFs), according to Ophelia Snyder, co-founder of 21Shares. While retail investors may be disappointed, Snyder believes there is...
Cryptocurrency Market Update: Dogecoin and Solana Plummet Alongside Bitcoin to $66K
In the latest update on the cryptocurrency market, major tokens like Bitcoin and Ether saw significant declines during Asian trading hours on Tuesday. This drop was influenced by profit-taking and outflows from U.S.-listed Bitcoin...
Cryptocurrency Market Update: First Mover Americas Reacts to Fed’s Hawkish Stance
The cryptocurrency market experienced a downturn following the Federal Reserve's decision to reduce interest-rate cut expectations. Bitcoin and ether both saw a 1% decrease in their value over a 24-hour period. Bitcoin was trading...
Solciety: A Rising Star in Political Meme Tokens
Political meme coins like MAGA and STRUMP have been making waves in the crypto industry recently. However, a new player is entering the arena in the form of Solciety, a Solana-based meme coin that...
Bitcoin Investment Products Experience Over $600M Outflows Last Week: CoinShares
Bitcoin investment products experienced significant outflows last week, totaling $621 million, according to asset manager CoinShares. This outflow was a result of mixed economic signals from the U.S., which impacted the broader digital asset...
Binance Adds ZKsync (ZK) with Distribution Program – CoinJournal
Binance has announced that it will be listing ZKsync (ZK) on Monday, June 17, offering trading pairs for BTC, USDT, FDUSD, and the Turkish Lira. The exchange will open deposits for ZK, the native...
Fidelity’s FBTC Leads Spot Bitcoin ETFs with $226M Outflows
The US spot Bitcoin exchange-traded fund (ETF) market saw more outflows on June 13, with Fidelity Investments’ FBTC leading the way with $106 million in outflows. This was nearly half of the total $226...
Gemini Pays $50 Million to New York for Investor Fraud – CoinJournal
Gemini Trust has agreed to pay $50 million to the New York Attorney General Letitia James for defrauding investors in the Gemini Earn program. This money will be used to reimburse more than 230,000...
From Fringe to Forefront: Embracing Digital Assets in Institutions
A significant transformation is taking place in the financial world as digital assets are gaining more attention and investment globally. The recent introduction of Bitcoin ETFs and the upcoming Ethereum ETFs have made it...
