Valkyrie Investments CEO Leah Wald opens up on the importance of Bitcoin ETFs and why the traditional financial world should pay attention to digital assets moving forward.
It looks like some big player(s) are attempting to put some down pressure on the market as we move closer to expirations on the 25th. You can check the charts and data on datamish.com to see it in real time. Someone may know something none of us have the inside information on, but I personally…
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Private banks could be required to conduct risk assessments on case-by-case basis.
Is it possible to know when an erc20 address was created for the first time ? I know i can check the transaction history for a particular wallet address, but can I also check when that address was first created ? The reason is i have some USDC in a wallet, but can not recollect…
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The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that the foundation will have to burn more LUNA […]
As mentioned in the title, what will my wETH become once the merge happens in June? Will ETH become compatible with ERC20 standards? And if yes, then what should I do with wETH? Thanks submitted by /u/Random_French_75 [link] [comments]
The New York Digital Investment Group and Global X originally filed applications with the SEC for spot Bitcoin ETF listings in June and August 2021, respectively.
I've seen many people who's TA keeps predicting that we're about to have a blow-off top. And it annoys the shit out of me. But I'm wondering when this will stop. Below 30k? At 20k? I'm not saying we're going to 20k, we could, but at what point would permabulls say: Alright this is a…
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On Thursday, the cryptocurrency market experienced another roller-coaster day, with some coins declining. One such example is Bitcoin which fell 5.9% to $39,432 when writing these words. The bitcoin market is still bearish, with prices dipping below $40,000 today. This comes after a slew of positive news about US President Joe Biden’s executive order that will likely focus more on the crypto sector. The crypto markets were not looking very promising today, with Bitcoin declining heavily and many other coins dropping as well. For example, Ether, the second-largest cryptocurrency, fell as much as 4.4% to $2,589. Related Reading | TA: Ethereum Trims Gains, What Could Spark A Fresh Increase It’s still too early to tell if this will have any long-term effects on the industry, but the market has seen enough sell-offs already where people might want investments in other cryptocurrencies or even just gold until things calm down again. Bitcoin rose as much as 11% on Wednesday following an executive order from Biden that appears to frame digital assets in a positive light. However, those gains proved fleeting, and traders soon realized the news didn’t live up to their expectations. As a result, Bitcoin is once again trading near its average price over the recent two months ($39,000). The cryptocurrency markets were not immune to the bearish trend that has plagued US stocks over recent weeks. As a result, Bitcoin’s price took another leg lower, mirroring developments in traditional financial markets just as futures on both S&P 500 and Nasdaq 100 indexes turned negative sound the same time. This is not surprising, considering how closely correlated cryptocurrencies are with major indices like SP500 or NDX100. Related Reading | TA: Bitcoin Corrects Gains, Why Dips Could be Attractive In Short-term Bitcoin Performance Against Others It’s been a rough year for cryptocurrencies thus far, with Bitcoin outperforming Ethereum and falling 17.6% while NASDAQ has dropped 17.1%. However, in 5 days, BTC has continued its strong performance against Ethereum but underperformed against NASDAQ. On March 9th, Google searches for “Bitcoin” shot up dramatically, but in the last 24 hours, they’ve steadied and declined slightly. The trade volume, too, went down, resulting in a crash of BTC below $40,000 per coin. According to a recent survey, most people think that Bitcoin will be worth more than $60,000 by the end of 2022. However, there is a lot of fear right now surrounding Bitcoin crashes and the possibility of regulations. Only 5% of people surveyed by JPMorgan believe that BTC will be worth more than $100,000 by the end of 2022. Featured image from Pixabay, chart from Tradingview.com
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