Author name: Peter

Deciphering Bitcoin’s Complex Market Behavior: A Technical Analysis

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Introduction Bitcoin, the leading cryptocurrency, has been experiencing a complex market behavior on Jan. 24, 2024. The price of Bitcoin has been fluctuating between $39,878 and $40,069 in the past hour, with a broader 24-hour range of $38,505 to $40,515. These fluctuations indicate notable volatility in the market. Bitcoin's Market Capitalization and Trade Volume Bitcoin […]

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Arkham Identifies Four New Spot Bitcoin ETFs Linked to Blackrock, Fidelity, Bitwise, and Franklin Templeton

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Introduction On January 23, Arkham, a company specializing in onchain intelligence, made an announcement regarding their identification of four lists of connected addresses that are linked to four new spot bitcoin exchange-traded funds (ETFs). These groups of addresses are reportedly associated with fund managers including Blackrock, Fidelity, Bitwise, and Franklin Templeton. Identification of 4 ETFs

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Hashkey Capital and FTSE Russell Launch Trio of Indices to Track Diverse Crypto Assets

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Hashkey Capital, a digital asset investment company, has partnered with FTSE Russell, a subsidiary of the London Stock Exchange Group (LSEG), to introduce three indices that track cryptocurrencies. These indices provide investors and traders with the ability to monitor a wide range of assets across different segments of the digital asset market. Hashkey and FTSE

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Global Crypto Ownership Surged 34% in 2023, Reaching 580 Million

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Introduction The global cryptocurrency market has experienced a significant surge in ownership, with the number of crypto owners increasing by 34% in 2023. This growth is attributed to the rising popularity of bitcoin and Ethereum, as well as key drivers such as the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin Ordinals protocol.

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Objections Raised Against FTX Reimbursement Plan

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Introduction Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of November 11, 2022, numerous objections have been raised by customers. The objections highlight concerns over the depletion of creditor funds and dissatisfaction with the compensation in fiat currency. FTX Customers Express Dissatisfaction FTX customers

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Michael Howell Predicts Continued Surge in Global Liquidity Benefiting Stocks, Gold, and Crypto

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Michael Howell, the founder and CEO of Crossborder Capital, a London-based independent research and investment company, has offered a unique perspective on the current state of the economy. Contrary to the prevailing belief of monetary tightening, Howell believes that there is a rise in liquidity that will have a positive impact on stocks, gold, and

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