Spot Bitcoin ETF Craze Spurs Blockchain Games
The surge in the value of numerous cryptocurrencies rekindled investor confidence in the Web3 gaming sector and incited a new surge of on-chain activity associated with the industry. The anticipation of a potential spot Bitcoin exchange traded fund (ETF), according to Yat Siu, founder of Animoca Brands, has not only pushed up the price of […]
MicroStrategy Expands Bitcoin Holdings With $5.3M Purchase
MicroStrategy expands its Bitcoin holdings with a $5.3M investment and now holds over 158,400 BTC as it embraces the future of cryptocurrencies. MicroStrategy has strategically added 155 bitcoins to its cryptocurrency portfolio by purchasing them for $5.3 million. Michael Saylor, the chairman, announced an increase in Bitcoin’s market value, noting that the price has reached […]
Standard Chartered-Backed Zodia Expands to Hong Kong
The demand for cryptocurrencies in Hong Kong is primarily fueled by institutional investors rather than retail customers, according to Zodia’s CEO. Zodia, the institutional cryptocurrency custody platform jointly backed by Standard Chartered, SBI Holdings, and Northern Trust, is expanding its services to Hong Kong. According to Zodia CEO Julian Sawyer, as reported by CNBC on October […]
Crypto Market Sentiment Hits New High
The Crypto Fear & Greed Index has returned to levels not seen since November 2021, at the height of the crypto market rally. According to the Crypto Fear & Greed Index, Bitcoin market sentiment has returned to levels not seen since its price reached $69,000 in mid-November 2021. The index’s current score of 72 out […]
Galaxy Predicts 74% Bitcoin Price Growth After ETF Debut
At this point, a 74% increase brings Bitcoin to well over $59,000, which does not include “second-order effects,” according to Galaxy Digital. According to Galaxy Digital, the price of Bitcoin will increase by 74.1% in the first year following the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States. Charles Yu, a research associate […]