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Crypto Analyst Sees This Ethereum Rival As Undervalued, Pins $7 Short-Term Target
Tuesday, December 26, 2023 - 4:27am | 659Ethereum rival Near Protocol (CRYPTO: NEAR) is currently trading below its true value and is primed to join the ranks of the top 10 largest crypto assets, predicts a prominent crypto strategist. What Happened: The Crypto Dog, a well-known crypto analyst, shared his insights with his 750,500...
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US Court Greenlights $2.7B Settlement Against Binance In CFTC Case
Tuesday, December 19, 2023 - 5:53am | 596Binance, the cryptocurrency exchange platform, along with its ex-CEO, Changpeng "CZ" Zhao, have settled a long-standing case with the Commodity Futures Trading Commission (CFTC) by agreeing to pay $2.85 billion, as approved by a U.S. court. What Happened: Binance will pay the larger share of $2.7...
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Trump's Response To Biden, Mark Cuban's Next Move, Cryptocurrency Frenzy, And More: Top Stories From The Weekend That You Shouldn't Miss
Monday, December 11, 2023 - 8:51am | 784With yet another eventful weekend behind us, the news was dominated by political stories, business moves, and cryptocurrency market trends. Former President Donald Trump made headlines again, as did entrepreneur Mark Cuban. The cryptocurrency market experienced a mixed performance while polling...
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Bitcoin Ordinals' Token ORDI Surges To $1B Market Cap, Marks 850% Monthly Surge
Wednesday, December 6, 2023 - 8:14am | 463The ORDI token (CRYPTO: ORDI), powered by Bitcoin Ordinals, has achieved a significant milestone by reaching a market cap of $1 billion. This feat comes on the heels of a remarkable 850% monthly increase in its value. On Tuesday, Cointelegraph reported that ORDI has become the first BRC-20 token to...
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Key Metrics Suggest Ether Gaining Traction Over Bitcoin Among Traders
Wednesday, December 6, 2023 - 6:57am | 625In a recent development in the crypto world, traders seem to be shifting their focus from Bitcoin (CRYPTO: BTC) to Ethereum (CRYPTO: ETH), Ethereum’s native token. The move, indicated by key derivatives market metrics, suggests that Ether might outperform shortly. What Happened: A ...
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Bitcoin's Rise To $41K Spurs Analysts To Tout 10% Returns Through Market-Neutral Bets
Monday, December 4, 2023 - 4:22am | 609The leading cryptocurrency, Bitcoin (CRYPTO: BTC), has surpassed the $41,000 mark for the first time since April 2022. The surge has led analysts to forecast a potential 10% return on market-neutral bets. What Happened: The basis trade, a type of market-neutral strategy, offers an annualized return...
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Financial Advisors Keen For Spot Bitcoin ETFs, Awaiting SEC Green Light, Says Ric Edelman
Monday, December 4, 2023 - 3:03am | 586Ric Edelman, founder of Edelman Financial Services, has shed light on the eagerness amongst financial advisors to launch spot bitcoin exchange-traded funds (ETFs) to their clients, contingent upon approval by the U.S. Securities and Exchange Commission (SEC). What Happened...
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Mysterious Bitcoin Wallet Snaps Up $424M Worth BTC In November
Thursday, November 30, 2023 - 6:19am | 436An unidentified Bitcoin (CRYPTO: BTC) wallet holder has reportedly acquired 11,268 BTC, worth approximately $424 million, since November 10. The wallet now ranks as the 74th largest BTC holder, according to data from Bitinfocharts. As reported by CoinDesk, these BTC purchases were made at prices...
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Asia's First Saudi Arabia ETF Debuts In Hong Kong, Marking A Key Financial Milestone
Wednesday, November 29, 2023 - 5:44am | 606The CSOP Saudi Arabia ETF, the first of its kind in Asia, has made a successful debut in the Hong Kong market. This marks a significant strengthening of financial ties between Hong Kong and the Middle East. What Happened: As reported by the South China Morning Post, the ETF, managed by CSOP Asset...
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Can Bitcoin Repeat History? Crypto Enthusiasts Optimistic For A Santa Claus Rally This Holiday Season
Monday, November 27, 2023 - 4:43am | 627As the final month of the year approaches, crypto-enthusiasts are buzzing with anticipation of a potential ‘Bitcoin Santa Claus rally’, reminiscent of the price boosts witnessed in 2013 and 2017. What Happened: The term “Bitcoin Santa rally” is fast becoming a hot topic...
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GOP Presidential Candidate Says US Government Perceives Bitcoin As Threat: 'This Should Be A Topic We Need To Be Talking About'
Monday, November 27, 2023 - 2:55am | 614In a recent development, U.S. presidential candidate Vivek Ramaswamy indicated that the government views Bitcoin (CRYPTO: BTC) as a threat. He has committed to discussing the digital asset in the impending Republican debate. What Happened: According to a report by The Daily Hodl,...
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Could Bitcoin Crash To $12K? Crypto Bear Issues Urgent BTC Warning: 'Beginning Of The End'
Thursday, November 23, 2023 - 6:08am | 603In the latest cryptocurrency world, an influential analyst known as Capo has raised concerns over Bitcoin’s (CRYPTO: BTC) future stability, suggesting that its value might plummet to $12,000. What Happened: According to a report on The Daily Hodl, Capo has conveyed his bearish views to his...
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ETFs Tracking Meme Stocks Experience A Resounding Surge As Investors Chase Year-End Equity Rally: 'Animal Spirits Are Starting To Run Hot Again'
Wednesday, November 22, 2023 - 12:02am | 572The meme stock wave that made headlines in 2021 is back in focus as the latest market rally pulls speculative bets back into the spotlight. Investors are showing renewed interest in these stocks as the end of the year approaches. DataTrek Research’s cofounders, Nicholas Colas and Jessica Rabe...
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Argentina's Pro-Bitcoin Trump-Like Candidate Secures Election Win After Opposition Concedes: 'I Am Very Proud Of You,' Says Former US President
Sunday, November 19, 2023 - 11:27pm | 745Former President Donald Trump congratulated Javier Milei after Argentina elected a populist economist as its next president. What Happened: Milei’s opponent, Sergio Massa, conceded the election, declaring that “Argentines chose another path.” With around 87% of the votes counted, ...
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EXCLUSIVE: Why Traditional Banks Could Play A Major Role In Crypto Mass Adoption
Friday, November 17, 2023 - 12:07pm | 405Mina Khattak, senior director crypto and Web3 at Worldpay, recalled at Benzinga’s Future of Digital Assets event how FTX was in her company’s boarding process, but was not approved. That lucky sidestep underscores the importance of implementing extensive checks and due diligence,...