An exchange-traded fund tracking the trading activity of American politicians, individuals and companies with close ties to the US president could launch later this week, according to an analyst. Bloomberg ETF analyst Eric Balchunas said that Tuttle Capital Government Grift ETF (GRFT) could launch as early as Friday, as the Securities and Exchange Commission on…
Key points: Bitcoin could challenge the $117,500 level if buyers secure a daily close above $114,000. Altcoins are trying to start a relief rally, but are still expected to face selling at higher levels. Bitcoin (BTC) extended its recovery above $114,000 on Monday, indicating aggressive buying by the bulls. BTC remains stuck in a range,…
The crypto industry could be set for a flood of new crypto exchange-traded funds in October, with the US Securities and Exchange Commission set to make their final decisions on 16 crypto ETFs next month. The ETFs are connected to a variety of major altcoins, including Solana (SOL), XRP (XRP), Litecoin (LTC) and memecoin Dogecoin…
The path to new Bitcoin (BTC) all-time highs will continue to feature major corrections of 20% or more, including possible corrections during Q4, despite it typically being a good quarter for crypto asset prices, according to market analyst Jordi Visser. Visser said Bitcoin is part of the AI trade and compared BTC to Nvidia, a…
Singapore and the United Arab Emirates rank globally as the most “crypto-obsessed” nations, according to a recent report by ApeX Protocol. Singapore claimed the number one spot with a composite score of 100, driven by 24.4% of its population owning crypto and leading the world in search activity, with 2,000 crypto-related queries per 100,000 people….
A recent survey from data aggregator CoinGecko found that only 55% of new crypto owners started with Bitcoin in their portfolio, which analysts say is a sign of a maturing market. A survey released on Monday of 2,549 crypto participants from data aggregator CoinGecko also found that 10% of respondents have never even bought Bitcoin…
Opinion by: Azariah Nukajam, head of regulation and compliance at Gemini The UK is at a critical juncture in its approach to the rapidly evolving digital assets space. Having solidified itself as a financial powerhouse in the modern global economy, the government has often spoken about making the UK a “leading global crypto hub.” Policy…
Key takeaways: Bitcoin price charts from 2021 hint at a crash toward $60,000 if history repeats. Bulls see $104,000 support holding, with targets at $140,000 or higher. Bitcoin (BTC) has dropped more than 12.75% from its record high above $124,500, splitting traders into two camps. One sees it as a routine bull market correction, while…
Another publicly listed company is moving into the digital asset treasury market, targeting exposure to The Open Network native coin, even as the token’s price continues to slump. In a Thursday announcement, AlphaTON, formerly Portage Biotech, said it purchased $30 million worth of Toncoin (TON) tokens as part of its crypto accumulation strategy. The token…
Key takeaways: Ether’s “rare oversold” RSI, historically tied to major ETH price rallies, suggests a potential price reversal in the short-term. ETH traders say price must stay above the $3,800-$3,900 range to avoid more losses. Ether (ETH) traders expect a short-term bounce as a key ETH price metric sinks to its lowest levels in several…
