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An erroneous news story claiming that the U.S Securities and Exchange Commission (SEC) approved Blackrock's Ishares spot bitcoin exchange-traded fund led to $78.92 million in short positions being liquidated. This figure constitutes 57% of the total $136.29 million in short positions eliminated within the last 24 hours. False Report on SEC Ruling Jolts Bitcoin Market, […]

The sphere of cryptocurrency has witnessed the steady evolution of Litecoin, often referred to as the 'silver to bitcoin's gold.' Emerged from the proof-of-work blockchain, Litecoin has been forging its path for over 12 years. This article takes a closer look at the top ten influential Litecoin (LTC) wallets among the 7.14 million unique LTC-holding

Coinkite, a renowned technology company, has recently unveiled its newest product, Satslink. This innovative piece of hardware is currently in production and is poised to disrupt the traditional modes of communication and mobile technology with its unique application possibilities. Embracing Open Hardware for Developer Flexibility Satslink breaks away from the confines of traditional frameworks and

Over recent weeks, the stablecoin market seems to have entered a somewhat dormant phase, barely breaching the $123 billion mark as we approach the latter part of October. Despite an unexpected surge in fiat-pegged token trading on October 13, stablecoin transactions only accounted for 22.96% of the total trade volume in the global cryptocurrency market.

The U.S. Securities and Exchange Commission (SEC) has reportedly taken a step back from challenging a court ruling that favors Grayscale Investments' plans to convert their Bitcoin fund into an Exchange-Traded Fund (ETF). This information, reported by Reuters, could be an indicator of the regulator's evolving perspective on a Bitcoin ETF. The SEC's Decision: A

Grayscale’s Bitcoin Trust, popularly referred to as GBTC, has recently experienced a considerable shift in its market dynamics. In January 2023, GBTC was trading at a notable 48.31% discount to its net asset value (NAV). However, the gap has now shrunk to 16.59%, which suggests a shift in the market sentiment and brings potential implications

Standard Chartered’s lead on forex and crypto research, Geoffrey Kendrick, and his team have recently proposed a bold prediction: Ethereum could skyrocket to $8,000 by 2026. The projection is backed by the strength Ethereum exhibits in areas such as smart contracts, gaming, and tokenization. These are the key drivers expected to fuel Ethereum's price surge.

The ever-changing landscape of cryptocurrency markets witnessed significant shifts at the start of the week with prominent cryptocurrencies like Shiba Inu and XRP expressing contrasting behavior. These variances in the value of digital assets exemplify the volatility and inherent high-risks associated with the growing crypto-sphere. The Shiba Inu crypto's response to escalating geopolitical tension The

An exciting twist occurred as the weekend dawned, marking major gains for two widely-recognized cryptocurrencies, Bitcoin Cash (BCH) and Tron (TRX). This rise concluded a period of slump for both digital currencies, stimulating positive momentum within the market. These notable gains seemingly signal promising potential for the digital currency market, fueled largely by the broader

The past few weeks have been challenging for investors as virtually everything has taken a hit. Stocks are down, bonds are down, and even gold has experienced a significant drop of over $100. To gain some insight into this market activity, we reached out to Chris Vermeulen, an esteemed guest from Technical Traders, for his