During the NFT NYC conference last week, a Tesla Cybertruck pulled into Times Square—and what appeared to be famed DJ Marshmello, flanked by a crypto influencer and a notable NFT project founder, hopped in the back of the angular ride and started blaring tunes to the rapidly forming crowd. But it wasn’t actually Marshmello—and now the masked DJ has tweeted…
Month: April 2024
Long-Term Bitcoin Holders Ease Off Profit-Taking
After Bitcoin soared to its March all-time high above $73,000, profit-taking by long-term holders has started to decrease, as per a recent report from Glassnode. While Bitcoin’s March all-time high prompted significant profit-taking by long-term holders, this activity has begun to taper off, the Glassnode Insights report noted on Tuesday. Typically, profit-taking, especially by long-term holders, intensifies around all-time high…
Worldcoin Enhances Privacy Measures and Age Verification Protocols
Worldcoin, the digital identity and cryptocurrency project led by OpenAI CEO Sam Altman, is introducing new features to bolster personal data protection and enhance age verification processes. On April 9, Worldcoin unveiled two updates: the option to unverify World IDs through permanent iris code deletion and the introduction of in-person age verification checks. World ID holders now can unverify their…
Toncoin Surpasses Cardano, Becomes 9th Largest Crypto
Toncoin (TON) has overtaken Cardano’s ADA to claim the ninth position in market capitalization. With its recent surge, can Toncoin sustain its upward momentum and potentially surpass Dogecoin next? Toncoin’s Ascendancy to 9th Place Following a remarkable 13% daily price surge, Toncoin reached $6.65 by 1:45 p.m (UTC), securing the ninth spot among cryptocurrencies with a market capitalization of $23…
Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May
The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange Commission (SEC) reaches its deadline for decisions, according to Vaneck’s CEO. His firm is one of the applicants seeking approval for a spot ether ETF. “Right now, pins are dropping as far as Ethereum is […] Source: https://news.bitcoin.com/vaneck-ceo-expects-sec-to-reject-spot-ethereum-etf-applications-in-may/
Options Traders’ Positioning Ahead of Bitcoin Halving
With the Bitcoin halving approaching, traders are closely monitoring market dynamics, particularly professional traders, to gauge sentiment. Historically, the anticipation surrounding halving events has typically led to bullish sentiment in the months following rather than on the exact halving date. This is due to the delayed impact of reduced mining output on the market. Bitcoin miners tend to accumulate rather…
Mezo, Bitcoin’s Scaling Network, Secures $21 Million Funding
Mezo, an innovative Bitcoin “economic layer” developed by Thesis, has successfully raised $21 million in funding, the company announced. Accepting deposits in BTC, TBTC, and WBTC, Mezo emerges from stealth mode with substantial financial backing, primarily led by Pantera Capital. Other investors participating in the funding round include Multicoin Capital, Hack VC, ParaFi Capital, Nascent, Draper Associates, Primitive Ventures, and…
SEC’s Delay on Spot Ether ETFs Impacts Crypto ETFs During Market Downturn
Cryptocurrency ETFs are grappling with a 5.99% decrease in value as both Bitcoin and Ethereum suffer losses, exacerbated by the SEC’s postponement of spot ETF approvals, which further impacts ETFs like EFUT and AETH. The cryptocurrency market experienced a challenging week, particularly affecting crypto Exchange-Traded Funds. Reflecting setbacks in major cryptocurrencies, the overall theme of cryptocurrency investments witnessed a decline…
SEC Punts on New York Stock Exchange Bitcoin ETF Options
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The U.S. Securities and Exchange Commission has delayed a decision on allowing spot Bitcoin ETFs options to trade on the New York Stock Exchange, the regulatory…
Solana Dominates Ethereum in Stablecoin Payment Volume: Bernstein
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Solana is winning the payments race, global investment firm AllianceBernstein declared today. Firm analysts Gautam Chhugani and Mahika Sapra said in a Tuesday note that stablecoin…