Day: April 11, 2024

Can Hong Kong’s Spot ETFs Make It Happen?

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In a recent analysis, Stanislas Bernard, the founder of Sinz 21st.Capital, delved into the complexities surrounding Hong Kong’s consideration to approve spot Bitcoin ETFs against the backdrop of China’s escalating economic crisis. With the nation grappling with a record debt-to-GDP ratio of 288% in 2023, and witnessing one of the most severe housing market collapses in three decades, the financial instability has triggered an unprecedented capital flight towards overseas markets. The Perfect Timing For A Spot Bitcoin ETF? Amidst these turbulent economic times, Hong Kong’s potential approval of spot Bitcoin…

Bitcoin (BTC) Continues to Outperform Nvidia (NVDA) as BTC RSI Hits Highest Level Since 2021

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Hamas Leader Says Israel Killing His Children Won’t Change Ceasefire Stance

Hamas chief Ismail Haniyeh said the Palestinian group will not budge from its position on deadlocked ceasefire negotiations after Israeli forces killed three of his children and four of his grandchildren in northern Gaza on Wednesday. Haniyeh, who is based in Qatar, confirmed the deaths of his sons Hazem, Amir, and Mohammed, who he said had been visiting relatives for Eid al-Fitr, the celebration of the end of Ramadan, at Shati refugee camp when they were targeted. Hamas also said in a statement that four of Haniyeh’s grandchildren—Mona, Amal, Khaled,…

Has the crypto bull run of 2024 officially started? Insights and predictions

The crypto bull run in 2024 ranks among the strongest in Bitcoin’s history. What evidence supports this claim? Let’s find out. Following its surge to $73,750 on Mar. 14, Bitcoin (BTC) has entered a phase of price consolidation, trading within the $68,000 to $72,000 range in subsequent sessions. This surge has sparked discussions about whether the crypto bull run has started. The surge in Bitcoin’s price is closely linked to the upcoming BTC halving scheduled for Apr. 19-20. During this event, the block reward for miners will be halved from…

BNB Price Regains Strength As The Bulls Aim For $650

BNB price is attempting a fresh increase from the $575 zone. The price is up over 5% and the bulls seem to be aiming for a move above $620. BNB price started a fresh increase after it found support near the $575 zone. The price is now trading above $600 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $587 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair could gain bullish momentum if it…

Ethereum Price Prints Bullish Pattern, Why Close Above $3,600 Is Critical

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Ethereum price stayed above the $3,400 support zone. ETH is recovering losses, but it must clear $3,600 to continue higher in the near term. Ethereum extended its decline and tested the $3,400 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it stays above the $3,500 support zone. Ethereum Price Aims Higher Ethereum price…

Myro, Raboo, and MOG coin set for billion-dollar market cap

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Three contenders stand out as the next meme coin set to produce big returns — Raboo, Myro, and MOG Coin.  Each meme coin offers a different angle for investors seeking opportunities in the growing field of meme coins. The landscape of crypto, particularly the meme coin sector, is on the cusp of big things as we approach the Bitcoin halving. Raboo pioneering with AI Raboo, currently in the middle…