Since Jan. 11, 2024, twelve U.S. spot bitcoin exchange-traded funds (ETFs) have been steadily accumulating bitcoin (BTC). This doesn’t include the hefty BTC stash held by Grayscale’s GBTC, which has experienced a total outflow of $20 billion. Right now, these bitcoin funds hold an impressive 924,768.09 BTC, and if they continue scooping up BTC at […] Original
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After a strong market recovery, Bitcoin hit a record high in 2024, while ETFSwap’s 500x potential could create even more millionaires. Following a solid market recovery, Bitcoin (BTC) reached an all-time high in 2024, minting new crypto millionaires after an over 40% cumulative increase. Shiba Inu (SHIB) followed suit, turning a couple of wallets into million-dollar holdings with a 50% surge. However, ETFSwap’s 500x explosive potential rise positions are…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
The volume of non-fungible tokens in the Bitcoin network bounced back last week as the industry stabilized. Bitcoin NFT sales rose According to CryptoSlam, sales of Bitcoin (BTC) NFTs jumped by 56% in the last seven days to over $20 million. The number of buyers in the network rose by 48% to 29,403. NodeMonkes, a relatively new collection, was the best-performing NFT in the ecosystem with over $3.4 million in sales and 302 transactions. Only Immutable X’s Guild of Guardian Heroes collection had more sales during the week. Bitcoin Puppets…
With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record it set seven months ago. Polymarket Bettors: Bitcoin Record […] Original
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Popular altcoins suffered a harsh reversal on Sunday, Sep. 29 as the recent Bitcoin surge stalled a few points below $66,000. Jasmy, Daddy Tate, and Reef reverse JasmyCoin (JASMY), the popular Japanese coin, retreated to $0.02326, down by 8% from its highest level on Saturday. Daddy Tate (DADDY), the meme coin associated with controversial social media personality Andrew Tate, fell to an intraday low of $0.1147. Reef (REEF) dropped to $0.0052. Some of this month’s top gainers also dropped sharply — a sign that some traders were starting to take…
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises of trading in commodity futures. Instead, the funds were misappropriated and diverted […] Source CryptoX Portal
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto is the darling of the 2024 elections, and I’m totally here for it. For the first time in history, two presidential candidates are actively courting the crypto vote. Donald Trump made his pitch at the Bitcoin 2024 Conference addressing crypto voters, which was met with an astonishing vote of support from the crypto community. Democrats, unwilling to concede the crypto vote to Trump, held a crypto…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…