Dozens of investment firms have filed within the Security and Exchanges Commission (SEC) to launch a Bitcoin spot ETF. If approved, this would be the first United States ETF to offer exposure to Bitcoin (BTC) in the spot market. VanEck is one of these investment firms, with $76.4 billion in assets under management (AUM) as of September 2023. Interestingly, the ...
Ethereum (ETH) surged 90% in 2023, from January 1 to December 31, closing the year at $2,281 per token. At the time of publication, ETH is changing hands by $2,233 while whale investors increase their positions. In particular, SpotOnChain spotted a huge purchase of $48 million in 30 minutes by ‘Whale 0x931’ on January 5, 2024. The mysterious whale used ...
Bitcoin (BTC) and Ethereum (ETH) transaction fees surged in 2023 and continue at higher levels. Facing expensive transaction costs, people started seeking more efficient cryptocurrencies to use as payment, like Litecoin (LTC). In this context, monthly payment data by one of the largest cryptocurrency payment services, BitPay, evidences this phenomenon. Notably, the platform’s users favored Litecoin by 38.25% in December, ...
The assessment of Dogecoin’s (DOGE) value remains a key focus, with investors monitoring whether the meme coin can reach the highs seen in 2021. Notably, as the market anticipates a potential bull run, particularly with the possible approval of a spot Bitcoin exchange-traded fund (ETF) in the US, it is intriguing whether Dogecoin can capitalize on this momentum to achieve ...
The past year has generally been favorable for Bitcoin (BTC) as it recouped most of the losses incurred during the 2022 bear market. Bitcoin is currently focused on reclaiming and sustaining gains above the $45,000 resistance level. This surge is supported by several bullish sentiments, with anticipation around the potential approval of the spot exchange-traded fund (ETF) ranking high. Notably, ...
Usually, the most precious gems are the hardest ones to find. This logic can also be true for cryptocurrency investing, with valuable cryptocurrencies sometimes going unnoticed by the majority. In this reasoning, Finbold looked to the cryptocurrency market low-cap projects with sub-$1 billion in capitalization. Notably, we found three cryptocurrencies with solid fundamentals and relatively low perceived value. In the ...
Bitcoin (BTC) miners constantly generate hashrate in a highly competitive business to mine the next valid block. The mining difficulty might increase on January 6, propelling the already high costs of mining Bitcoin. Essentially, the mining difficulty adjusts automatically every 2,016 blocks — around two weeks. This keeps a 10-minute block interval, despite the network’s global hashrate changes. The more ...
After a sudden dip that erased some of the gains that cryptocurrencies made over the previous months, the market is recovering, and one among those that are healing the quickest is Terra Classic (LUNC). In light of the prevailing conditions, Finbold sought assistance from CoinCodex to leverage its AI-driven machine-learning algorithms for analyzing the anticipated price of LUNC by the ...
As Bitcoin (BTC) returns above the $44,000 price mark and continues to steadily push on further, many experts are certain this is just the beginning of its massive rally, with one of them seeing it at $55,000 by halving, doubling in 2024, and growing more than tenfold in 2025. Specifically, pseudonymous cryptocurrency analyst PlanB shared his predictions for Bitcoin based ...
Nearly two years ago, the renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, advised his followers to invest in Solana (SOL), but purchasing it at the time and holding it since would not have been very profitable. Indeed, Kiyosaki had positioned the open-source, decentralized finance (DeFi) project’s native token next to the ...
