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Bitcoin is down by almost 10% as it continued to face an uphill battle following the approval of much-anticipated spot ETFs by the SEC. But relief for the…

Bitcoin had earlier shown a sharp rally toward the $49,000 mark, but the asset was quick to retrace the entire surge as the Coinbase Premium turned negative.…

Coinbase Premium was on a downtrend in December. Whales had significantly reduced their long exposure. Bitcoin [BTC] climbed back above $43,000 in the last 24…

The prospect of low interest rates and trouble in the traditional banking industry have helped crypto values rise across the board but many of the largest exchanges have either collapsed or face legal challenges.

Just a day back, the United States Securities and Exchange Commission issued a Wells Notice to crypto exchange Coinbase. The agency went on to warn the…

Ethereum (ETH) Tops New All-Time High Above $4100 and $475 Billion Market Cap May 10 2021 · 09:32 UTC by Bhushan Akolkar · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Ethereum (ETH) continues its mega rally taking its year-to-gains at above 460%. As ETH Mega bull run continues, the demand for Ether derivative products increases. The world’s second-largest cryptocurrency Ethereum (ETH) has surged 5% further to a new all-time high above $4100. At press...

Q: Whats behind this $ETH parabolic move? — Ki Young Ju 주기영 (@ki_young_ju) May 10, 2021 The demand for Ethereum (ETH) derivatives has also increased in recent months. VanEck applied for the first U.S. Ether ETF on Friday, citing increased institutional demand. Moreover, since their launch last month, Canada’s Purpose Ether ETF and the CI Galaxy Ethereum have seen significant inflows. According to the document: “The Trust’s investment objective is to reflect the performance of the ...

Bitcoin has been sitting above a critical support zone during the weekend. At the time of writing, BTC trades at $56.662 with sideways movement in the daily chart. In the weekly chart, the first cryptocurrency by market cap has a 12.8% following a $10,000 rally from the higher zone in the $40,000 range. BTC moving sideways in the daily chart. Source: BTCUSD Tradingview The bullish sentiment appears to be making a comeback in the crypto market with many investors expecting new highs in the short...

Bitcoins Liquidity Crisis Leads to Another Demand-Driven Record High Bitcoin bulls are not running out of fuel. On Friday, traders once again raised their bids for the world’s leading cryptocurrency, sending its prices to another record peak after Grayscale Investments, a New York-based crypto investment vehicle, added 1,672 BTC to its already-ballooning bitcoin stockpile. The firm now holds 655.44 BTC, worth almost $33.5 billion. Grayscale’s accumulation spree removed more bitcoin from cir...