Technical analyst Katie Stockton, founder of Fairlead Strategies, has revealed she believes that the price of bitcoin could now surge to $89,000 after it broke through its previous all-time high to get close to the $67,000 mark. The price of bitcoin surged earlier this week after the launch of the […]

Key Takeaways  Elon Musk teases return to the cryptocurrency market. Key players are weary of the billionaire’s sentiments. Questions surrounding Tesla’s comeback to crypto surfaces. The billionaire is also slowly becoming fond of Ethereum  The world’s richest man, Elon Musk, has in his usual fashion stirred up crypto bulls once […]

The first US Bitcoin ETF launched yesterday and was more than successful, trading nearly 6.4 million shares within 20 minutes of launch and a total value of $0.981 billion worth of shares at the end of the first day of launch. It smashed multiple records to become the second most […]

A technical indicator using on-chain data from the bitcoin blockchain is suggesting that the flagship cryptocurrency may be about to undergo a parabolic rally, as BTC historically has surged after it got to its current level. As first spotted by Capriole Investments founder Charles Edward, bitcoin’s MVRV Z-score has moved […]

Key takeaways Grayscale CEO Michael Sonnenshein says the market should expect an Ethereum ETF. Performance of Ether ETFs in Canada has shown that they are highly sought after.  Bitcoin price is expected to surpass all-time high as ProShares Bitcoin Strategy ETF launch on the NYSE. Michael Sonnenshein, CEO of Grayscale […]

Grayscale Investments plans to convert its bitcoin fund to a spot ETF. The firm is said to make a formal application with the SEC in the coming days being buoyed by the recent future-based bitcoin ETF. Grayscale’s spot ETF offers investors a berth of alternatives if it garners approval from […]

On Monday (October 18), Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, and the man who said last December that “Bitcoin should be worth about $400,000”, said that he is no longer playing in the Bitcoin market. Minerd is also the Chairman of Guggenheim Investments, which is “the global asset […]

ProShares have announced the launch of its Bitcoin ETF (Exchange-Traded Fund), which is set for tomorrow, October 19th. As reported by New York Times, the ETF will officially trade on New York Stock Exchange (NYSE). On Friday, the U.S. Securities and Exchange Commission (SEC) gave the green light. Bitcoin Comes […]

BitMEX chief executive officer (CEO) Alexander Höptner predicts that more countries around the world will follow the example of El Salvador in adopting Bitcoin as a form of legal tender.  In a recent blog post, the CEO of crypto trading platform BitMEX said countries faced with an “inherently unequal financial […]

For nearly a decade, China had dominated the Bitcoin mining scene and contributed as high as 75% of global mining hash rates. Chinese Bitcoin hash rates have fallen to zero following a heightened crackdown from the country’s regulatory agencies. In the wake of the crackdown, other countries are filling the […]