Bitcoin ETFs Accumulate 100K BTC Amid Price Correction
Despite the ongoing price correction, nine new spot Bitcoin ETFs have amassed over 100,000 BTC, worth $4 billion. BitMEX CEO Arthur Hayes and crypto analyst Ali Martinez share their bearish views on the market. Nine new spot Bitcoin ETFs, which launched in the US and Canada in October 2023, have accumulated over 100,000 BTC, valued […]
API3 Breaks Resistance and Soars 100%: Can It Hit $4?
API3, a decentralized API network, has seen a massive price rally in the last 24 hours, breaking the previous resistance at $2.50 and reaching a new high of $3.20. Several factors, such as negative funding rates, market-making loans, and technical indicators, drove the rally. However, the price faces a strong resistance at $3.20, which could […]
El Salvador Bitcoin Gains Reach $12.6M After Two Years Of Decline
El Salvador’s investments continued to be less than what they had originally cost but the country is now seeing a rise in value, with unrealized gains totaling about $12.6 million, based on information from Nayibtracker. President Nayib Bukele, who expressed joy last month, noted that El Salvador’s cryptocurrency business had finally proven lucrative. He hailed […]
Polygon’s MATIC Surges Past $1, Poised for Potential 70% Rally
Polygon (MATIC) has surged past the $1 level for the first time since May, outperforming the rest of the crypto market. This analysis suggests that MATIC could rally another 70% if it maintains its bullish momentum. However, there are also risks of a pullback if the support levels fail. Read on to learn more about […]
Solana Overtakes XRP and Leads Ethereum in DEX Volume
Solana (SOL) has climbed to the 5th spot in the crypto market cap ranking, surpassing XRP, and has topped Ethereum in the 24-hour decentralized exchange (DEX) volume, thanks to the popularity of the meme coin BONK. Solana (SOL) is a blockchain platform that claims to offer high scalability, low latency, and low fees for various applications, […]