Cryptocurrency investors witnessed a surge of optimism this week as Bitcoin prices rose above $10,200. This good news comes just a week after bearish investors withdrew $149M from BTC funds.
Grayscale, the world’s largest digital asset manager, is now one step closer to launching a Bitcoin spot exchange-traded fund (ETF) after its application was allowed to progress by the SEC. With a new roadmap for success, its Bitcoin-backed ETF could be on the way soon.
As cryptocurrencies continue to surge, the importance of scalability tokens on decentralised finance (DeFi) protocols such as BYDFi has become ever more evident. Here, we will take a look at three tokens that may be worth buying for investors looking to capitalise on the potential of DeFi.
Polkadot, the latest entrant to the crypto market, is surging in value as Launchpad XYZ approaches the $1.5 million mark. Analysts attribute this increase to greater mainstream interest in the blockchain technology. Investors have also put faith in the platform’s potential.
The potential collapse of Chinese real estate developer Evergrande is not without its bright side: with the influx of investors into the crypto market, analysts predict a wave of correlation-driven volatility. One thing is certain: the effect on crypto investments is yet to be seen.
After long-term correlation with the S&P 500, the world’s largest digital asset – Bitcoin – has suddenly broken away, signaling a newfound independence. Amidst new trends, investors are watching carefully to evaluate bitcoin’s potential.
These three cryptocurrencies, Ripple (XRP), Chainlink (LINK), and Pomerdoge (POMD), are increasingly becoming popular investments among traders. All three have seen a steady rise in value and show promising future potential.
The world of cryptocurrencies is ever-evolving, and investors are eager for potentially lucrative options. Here are four of the top altcoins on the market for the upcoming crypto bull run.
HashKey, a crypto financial services group, has announced plans to initiate Bitcoin and Ethereum retail trading in Hong Kong. This move looks set to further strengthen the cryptocurrency sector in the region.
Staking activity on Ethereum has surged in recent months, yet the value of decentralized finance (DeFi) assets remains in a downward trend. As more users stake their ETH to earn rewards, it begs the question: can the value of DeFi support Ethereum’s booming staking economy?