Auto Added by WPeMatico

The SEC Rejected VanEck’s Spot Bitcoin ETF Application Citing Investor Protection

The United States Securities and Exchange Commission has rejected VanEck’s proposal for a spot Bitcoin ETF. This comes after several delays by the agency. The global investment manager VanEck has…

Continue ReadingThe SEC Rejected VanEck’s Spot Bitcoin ETF Application Citing Investor Protection

Bitcoin’s Rollercoaster, Inflation Worries, and Airdrops: The Weekly Crypto Recap

The cryptocurrency market had a tumultuous week where many projects went up considerably and then stalled and declined. Starting with Bitcoin, this time last week, the price was hovering around…

Continue ReadingBitcoin’s Rollercoaster, Inflation Worries, and Airdrops: The Weekly Crypto Recap

Bitcoin Slips Below April ATH: Altcoins Deep in Red (Market Watch)

After yesterday’s enhanced volatility, bitcoin remained calm around $65,000 but has headed south once more. Most altcoins have also bled out, with massive losses coming from Solana, Cardano, Ripple, Polkadot,…

Continue ReadingBitcoin Slips Below April ATH: Altcoins Deep in Red (Market Watch)

Stock to Flow Model Still Predicts $135K Year-End Bitcoin Price

The popular stock-to-flow model, created by the pseudonymous “PlanB,” has been pretty accurate in predicting Bitcoin prices so far. The brainchild behind the model has stated that the mid-cycle average…

Continue ReadingStock to Flow Model Still Predicts $135K Year-End Bitcoin Price

Bitcoin’s Pullback: Bullish Backtest or a Reason to Worry? (BTC Price Analysis)

Bitcoin’s price went through a near-term pullback that was largely driven by leverage long liquidations. It sent the open interest down $1.5 billion. There are no signs of aggressive distribution…

Continue ReadingBitcoin’s Pullback: Bullish Backtest or a Reason to Worry? (BTC Price Analysis)

Citadel CEO: Ethereum Is Superior to Bitcoin And Will Eventually Replace it

Ken Griffin – Founder and Chief Executive Officer at the multinational hedge fund Citadel LLC – remains skeptical on bitcoin and its use cases. He believes that another cryptocurrency project…

Continue ReadingCitadel CEO: Ethereum Is Superior to Bitcoin And Will Eventually Replace it

If Grayscale Was an ETF, it Would Have Been The 19th Largest with AUM of $60B

Following yesterday’s price increases and new records, the world’s largest digital asset manager reached an ATH of its own in terms of AUM by topping $60 billion. Interestingly, if the…

Continue ReadingIf Grayscale Was an ETF, it Would Have Been The 19th Largest with AUM of $60B

After The Latest ATH and $6,000 Drop, Bitcoin Calms at $65,000 (Market Watch)

After setting a new all-time high at $69,000, bitcoin dumped by more than $6,000 in hours before calming around $65,000. Most alternative coins experienced similar price fluctuations, with ETH plummeting…

Continue ReadingAfter The Latest ATH and $6,000 Drop, Bitcoin Calms at $65,000 (Market Watch)