Ark Invest has completely exited its GBTC position as the fund manager aims to position itself ahead of a potential Bitcoin ETF approval. Ark Invest is reportedly positioning itself for potential approval of a spot in the Bitcoin ETF by the United States Securities and Exchange Commission (SEC). Throughout the past month, Cathie Wood managed…
Shiba Inu (SHIB) has finally cleared off its deficit, as whale investors buying and HODLing the token have sent the price to new daily highs. Despite the intense volatility SHIB exhibits, its growth trends over the past months have been relatively unimpressive compared to its top rivals. This bearish outlook, however, seems to be clearing…
Prominent figures in the XRP community have argued the negative impact of misinformation on the XRP ecosystem. The conversation unfolded amid a disclaimer that XRP Ledger (XRPL) does not support ordinal inscriptions, prompting a critic to claim that XRPL lags behind other blockchain networks. In response, XRPL Labs CTO Richard Holland asked the critic to…
As Shiba Inu continues to trade above $0.00001, market analysts speculate that the price of the canine-themed cryptocurrency will soar higher by January 2024. It is common knowledge that 2023 was an outstanding year for Shiba Inu (SHIB). The crypto asset took a major leap towards shredding its memecoin title following the launch of its…
EGRAG, a prominent crypto market analyst, recently shared a bold XRP price prediction, presenting the possibility of a 385,464% surge to an ambitious $2,500 price. The analyst said he received this revelation from a well-connected banker with ties to major and regional banks, as well as central banks. According to him, the story unfolded during…
Shiba Inu (SHIB) investors have continued to project ambitious price targets for the token, leading to speculation on the amount required to hit $1 million if SHIB hits some of these prices. In this article, we will analyze the current price of SHIB, its historical performance, and future predictions and calculate how much an investor would…
The Solana meme coin craze lingers as another trader pockets a massive $5.7 million profit from a $2,220 investment by holding analoS (ANALOS) for six days. Lookonchain, a platform that surveils blockchain activity, highlighted the development in a recent post on X. On-chain data confirms that the trader began his ANALOS trade on Dec. 20…
The cryptocurrency market is experiencing a dynamic phase, with Bitcoin (BTC) recently falling below $43K. Despite this, smaller tokens like SATS (1000SATS) have seen a surge, highlighting the market’s volatility and the diverse performance of different cryptocurrencies. The total crypto market cap has seen a reduction, indicating a shift in investor sentiment and market dynamics….
The potential of Real World Assets (RWAs) to revolutionize the crypto landscape is igniting a renewed interest within the ecosystem. While the surge in interest isn’t mere hype; it is fueled by a growing awareness of RWAs’ transformative potential, especially when it comes to scalability and sustainability. Notably, Hedera has been spotlighted as a leading…
Bitcoin surges past $43k as Grayscale leadership shakeup fuels spot ETF approval optimism. Bitcoin has hit a high of $43,210 in the last 24 hours, recording a 6.6% gain from the low of $40,530 witnessed two weeks ago. Also, CoinMarketCap data shows Bitcoin’s 24-hour trading volume is up 7.12% compared to the value recorded the…