Cryptocurrencies declined more than a percent in the past 24 hours after a strong rally triggered by hopes of an imminent SEC approval for a Bitcoin Spot ETF. Bitcoin dropped close to 2 percent in the past 24 hours. Overall crypto market capitalization is currently at $1.58 trillion, versus $1.60 trillion a day earlier. Bitcoin traded between $44,265.77 and $42,880.65 […]

Bradley Duke, the founder and Chief Strategy Officer of ETC Group, engaged in a detailed conversation with Thomas Warner from Proactive Investors on 6 December 2023, discussing the recent surge in the Bitcoin price, which has soared to over $44,000. ETC Group is a financial services company specializing in developing innovative digital asset-backed securities, including exchange-traded products (ETPs). The company […]

Uncertainty over the future course of monetary policy persisted amidst better-than-expected ISM Services PMI reading and weaker-than-expected Job Openings data from the U.S. Recent dovish comments by ECB officials capped losses. Meanwhile, the uptick in metal prices lifted mining stocks. Wall Street Futures reflect mild gains. European benchmarks are trading with strong gains with the DAX hitting a fresh peak. […]

In a recent interview at the Fortune Global Forum in Abu Dhabi, Jenny Johnson, President and CEO of Franklin Templeton, shared her insights with Anna Tutova, CEO of Coinstelegram. Franklin Templeton, which has evolved from a small brokerage in 1947 to managing over $1.3 trillion, is making significant strides in blockchain technology and cryptocurrency. Franklin Templeton is a global investment […]

Jacob Canfield, a respected entrepreneur and Bitcoin advocate, has spotted a rather interesting pattern on the Bitcoin chart. Per his observations, the apex cryptocurrency typically hits a certain point before bears take over the market and begin to stage a selloff.  In a detailed post shared to X, formerly Twitter, the Bitcoin trader shared his remarkable findings with his 98,000+ […]

Economic Outlook and Market Trends Mike Novogratz, the founder and CEO of Galaxy Digital, shared his perspectives on the current economic climate and market trends during an interview with Sonali Basak on Bloomberg Television. Novogratz anticipates a significant economic slowdown in the first quarter of 2024, leading to the Federal Reserve cutting rates towards the end of the first quarter […]

A wave of investor interest has surged through digital asset investment products, propelling a record-breaking influx of $346 million. This surge stands as the most substantial weekly inflow since the latter part of 2021 and finds its genesis in anticipation of the impending launch of a spot Bitcoin Exchange-Traded Fund (ETF) in the United States. According to the latest data […]

The largest Tether (USDT) whales have been growing their holdings over the past six months, adding in $1.67 billion worth of the stablecoin, in an accumulation trend that suggests they’re getting ready to buy cryptocurrencies on the market and potentially helped BTC’s price surpass $40,000. According to on-chain analytics firm Santiment, the buying power of the largest Tether whales has […]

Canaan Inc. (CAN), a high-performance computing solutions, and bitcoin company, on Tuesday reported a loss for the third-quarter of 2023, amidst a decline in revenue, mainly due to a fall in demand. James Jin Cheng, CFO of Canaan, said: “While total revenue beat our guidance, it was reflective of the ongoing market dynamics characterized by soft demand and price concessions […]