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One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York. Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin Expanded Custody And Stablecoin Services This development closely follows WisdomTree’s recent […]...

Bitcoin, the leading cryptocurrency, has recently been scrutinized by several analysts and traders as it struggles to maintain its market position. Michaël van de Poppe, a recognized figure in the crypto analysis sector, has recently expressed his concerns regarding Bitcoin’s current price trajectory. Bitcoin Risks Dropping to $52,000, Why? Taking to Elon Musk’s social media platform X, Van de Poppe pointed out that Bitcoin is at the lower end of its current range, a crucial area for maintaining...

The futures market is a critical component of the Bitcoin market, enabling investors to hedge against price volatility or to speculate on future price movements. Open interest is particularly telling of market sentiment when analyzing futures, as it indicates the amount of money flowing into futures contracts. The futures market has had a very volatile […] The post What the current price stability means for the Bitcoin futures market appeared first on CryptoSlate...

Viral YouTuber Spills the Tea About BlockDAG’s Potential $1.05B Market Cap, Leading Over Solana & Ethereum Amid Solana’s price facing uncertainty due to FTX’s bankruptcy-related movements and Ethereum’s advancements with the ecosystem developments, BlockDAG is capturing the spotlight online and on social media, with crypto influencers delving into its innovative […]...

Data shows that Bitcoin and Ethereum correlate little to traditional markets, implying that cryptocurrency is forging its destiny. Bitcoin & Ethereum Have Been The Master Of Their Fates Recently According to data from the market intelligence platform IntoTheBlock, the correlation between BTC and ETH with traditional markets and commodities has been close to zero recently. […]...

Bankrupt crypto lender BlockFi said on May 9 that it would shut down its web platform by the end of May and rely primarily on Coinbase as a distribution partner. The change ensures that BlockFi Interest Account (BIA), Retail Loan, and Private Clients can continue to access withdrawals as part of the bankruptcy claims process. […] The post BlockFi to shut down web platform, turn to Coinbase as distribution partner appeared first on CryptoSlate...

Grayscale Investments, the issuer of one of the recently approved spot Bitcoin exchange-traded funds (ETFs) in the US, saw flat revenues in the first quarter of the year due to its decision to maintain fees on its flagship Grayscale Bitcoin Trust ETF (GBTC). Grayscale Exceeds Expectations Despite Outflows According to a shareholder letter from its parent company, Digital Currency Group (DCG), the operator of the Grayscale Bitcoin Trust recorded $156 million in revenue, showing little change fro...

X.AI Corp., led by Elon Musk, is poised for an $18 billion valuation boost as it finalizes its funding round details. The post Elon Musk’s xAI eyes $18 billion valuation with upcoming funding: Bloomberg appeared first on Crypto Briefing...

An analyst has pointed out how Arbitrum (ARB) has formed a Tom Demark (TD) Sequential buy signal on its weekly chart recently. Arbitrum May Have Hit A Point Of Reversal According To TD Sequential In a new post on X, analyst Ali has discussed a TD Sequential signal that Arbitrum has observed in its weekly price recently. The “TD Sequential” is an indicator in technical analysis generally used for locating probable reversal points in any asset’s price. This indicator has two phases, the first of w...

Amid Ethereum ETF Buzz, BlockDAG Attracts Solana Meme Coin Investors for 30,000x ROI: Impact of Keynote Video? The crypto world is buzzing with dynamic shifts, yet not all cryptocurrencies receive equal recognition. Amid regulatory challenges that slow its growth, Ethereum continues to intrigue the market, while Dogwifhat, a meme coin […]...