Day: December 21, 2023

TIME’s Best Photos of 2023

A girl who, unable to get an abortion, becomes a mother before starting 7th grade; a mass of twisted metal and ash, all that remains of a home in the wake of the Maui wildfires; Bad Bunny, one of the year’s most engaging entertainers, stepping out in a pink mohair coat adorned with a bow: These photographs, all featured in TIME during 2023, constitute a map of where we’ve been and what we’ve seen, connecting us with the greater world. Sometimes we may feel we live and work in isolation,…

Bitcoin Price Can Retrace to $36,000 despite ETF Approval, Says QCP Capital

QCP Capital believes that the Bitcoin ETF approval could be a sell-the-news event thereby pushing the Bitcoin price under $40,000, before resuming the next uptrend. The Bitcoin (BTC) price has registered a strong rally gaining 15% so far in December and moving closer to $44,000, where it encounters strong resistance. At press time, Bitcoin is trading at $43,649 with a market cap of $854 billion. As the Bitcoin spot ETF launch approaches within the next three weeks, QCP Capital provides insights into the potential announcement timeline and market dynamics. The…

BlackRock Makes Push for Bitcoin ETF Approval Its Corporate Priority

A spot Bitcoin ETF approval would open doors for institutional and retail investors to access the world’s largest cryptocurrency with greater ease and at a lower cost compared to Bitcoin ETFs tied to the futures market. BlackRock Inc (NYSE: BLK), the world’s largest money manager with a whopping $9 trillion in assets under management, has made obtaining approval for its proposed Bitcoin (BTC) Exchange-Traded Fund (ETF) a strategic corporate priority. BlackRock Bitcoin ETF Push: Visibly Persistent Efforts According to a recent report, BlackRock’s CEO, Larry Fink, has been vocal about…

The Sandbox Targets to Make India Its Largest Market with Strategic Partnerships

The Sandbox metaverse platform is confident to add 3 to 4 million users in the next two years from India through the BharatBox platform. India, a fast-growing country that has adopted the digital industry to improve its economy, has attracted notable global Web 3.0 companies in the past few years. Despite the country’s regulators implementing punitive 30 percent tax rates on digital currencies profits, the Web 3.0 industry is preparing for the highly anticipated bull cycle to avoid running into bankruptcy. Moreover, the crypto bear market has taken several firms…

Bitcoin ETF to Push BTC Price Above $50,000, Says Matrixport Research

Many Bitcoin fans have ambitious predictions for 2024 and if the token is about to hit $50,000 in the first month of the year as Matrixport says, higher milestones might be in view. A Bitcoin ETF has been one of the most coveted milestones in the crypto industry for years. Some of the biggest companies in the space have applied for the ETF and all have been rejected thus far. But BlackRock seems to be in the final stages of its application and seems like a shoo-in for approval. This has…

Polkastarter Announced Initial Dex Offering with Overlay Protocol and $OV Tokens

The Overlay Protocol has the ability to create instant liquid markets without relying on traditional liquidity providers (LPs) or third-party market makers. In a major development, the popular decentralized fundraising platform Polkastarter announced the launch of the Initial DEX Offering – Overlay Protocol. Overlay Protocol has emerged as a decentralized perpetual futures protocol revolutionizing the trading landscape. Facilitated by its native token $OV, Overlay Protocol enables users to engage in long and short positions on diverse data streams. Thus, it eliminates the need for counterparties and effectively addresses liquidity challenges.…

QCP Capital doubted market hype after spot Bitcoin ETFs launch

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The Singapore-based crypto trading firm QCP Capital believes that actual demand for the spot Bitcoin (BTC) ETF at launch will not meet market expectations. According to QCP Capital analysts, the market may not receive the expected demand in the first weeks after the spot Bitcoin ETF launch. This creates a classic “sell the news” scenario in the 2nd week of January — analysts expect approval of the ETF during this period . For this reason, QCP Capital expects upper resistance in BTC to be in the $45,000-$48,500 area and possible…

Crypto Analyst Says Ignore FUD, XRP Is Headed To $5.85

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Crypto analyst Dark Defender has also weighed in on the recent narratives revolving around the XRP tepid price action. The analyst is choosing not to listen to any of those as he is confident that the future trajectory of the XRP token is bullish.  No Need To Listen To FUD In a post on his X (formerly Twitter) platform, Dark Defender mentioned that he doesn’t listen to the FUD (Fear, uncertainty, and doubt). He also seemed to be urging the XRP community to ignore the FUD as he stated that…

British Virgin Isles Court Freezes $1 Billion of Su Zhu, Kyle Davies, Kelly Chen Assets

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