ARK Invest Sells 2.2 Million Shares of ProShares Bitcoin Trust ETF and Buys 1.5 Million Shares in ARK 21 Shares Bitcoin ETF

ARK Invest Sells 2.2 Million Shares of ProShares Bitcoin Trust ETF and Buys 1.5 Million Shares in ARK 21 Shares Bitcoin ETF

Bitcoin Price (BTC) Regains $41K in End of Week Rally ARK Invest has sold over 2.2 million shares of the ProShares Bitcoin Trust ETF and bought 1.5 million shares of the ARK 21 Shares Bitcoin ETF. They sold the ProShares Bitcoin Trust ETF as part of a short-term play strategy and in anticipation of the … Read more

Crypto Analyst Urges Coinbase to Prioritize Insurance Fund Over Ethereum Client Diversification

Crypto Analyst Urges Coinbase to Prioritize Insurance Fund Over Ethereum Client Diversification

Coinbase Should Prioritize Insurance Fund Over Ethereum Client Diversity Crypto analyst Adam Cochran is urging Coinbase to prioritize the creation of an insurance fund for its users instead of focusing on diversifying its Ethereum client infrastructure. He believes that the current approach to Ethereum client diversity is inadequate and poses a risk of significant disruptions … Read more

Exploring the Complexity of DeFi V1 and the Debate Over Financial Primitives | CoinDesk

Exploring the Complexity of DeFi V1 and the Debate Over Financial Primitives | CoinDesk

DeFi v1 was characterized by the dominance of complex protocols that raised questions about whether they should be considered financial primitives at all. Protocols like Aave included hundreds of risk parameters and enabled very complex functionalities, leading to forking to enable similar features in new ecosystems. This resulted in an explosion of protocol forks across … Read more

Updated Privacy Policy, Terms of Use, and Cookie Notice by CoinDesk | CoinDesk’s Latest Editorial Policies and Acquisition by Bullish Group

Updated Privacy Policy, Terms of Use, and Cookie Notice by CoinDesk | CoinDesk’s Latest Editorial Policies and Acquisition by Bullish Group

Mt. Gox Bitcoin (BTC) Payments Move Closer CoinDesk, a leading source of cryptocurrency and digital asset news, has updated its privacy policy, terms of use, and cookies. They do not sell personal information and strive to maintain high journalistic standards. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated … Read more

Bitcoin Dominance and Ethereum Price Predictions: Insights from Crypto Analysts

Bitcoin Dominance and Ethereum Price Predictions: Insights from Crypto Analysts

Is Bitcoin Dominance Reaching Its Peak? Analyst Forecasts An Altcoin Takeover In Current Cycle Bitcoin is struggling despite the approval of spot BTC ETFs in the US. Ethereum’s price has soared to new highs, leading to speculation about Bitcoin’s dominance in the cryptocurrency market. Analyst Michael van de Poppe believes that Bitcoin dominance is nearing … Read more

Crypto Market Downturn: Grayscale and FTX Crypto Funds on the Move – NewsBTC

Crypto Market Downturn: Grayscale and FTX Crypto Funds on the Move – NewsBTC

FTX And Celsius Are Sending MATIC, ETH, And WBTC To Binance The crypto market is facing a potential selloff, with Grayscale and other major players making moves that indicate a downturn. Celsius and FTX, both in bankruptcy liquidation, transferred large amounts of tokens to Binance, suggesting a possible dumping on the market. Grayscale, in response … Read more

Bitcoin Technical Analysis: BitQuant Predicts Potential Peak at $61,000

Bitcoin Technical Analysis: BitQuant Predicts Potential Peak at ,000

Despite recent price dips, BitQuant predicts that Bitcoin will peak at $61,000, not $50,000, as some analysts have suggested. Based on technical analysis, the analyst believes that the recent drop was a temporary correction and that Bitcoin will likely extend gains and break above resistance levels at $45,000 and $50,000 in the short to medium … Read more

Ethereum (ETH) Poised for 2024 Surge with Potential ETF Listing, Says Coinbase Analysts

Ethereum (ETH) Poised for 2024 Surge with Potential ETF Listing, Says Coinbase Analysts

dYdX Beats Uniswap, Bitcoin Outlook Dour Analysts at Coinbase predict that Ether (ETH) could see significant growth in 2024, driven by hopes of a spot ETH ETF listing. Following the recent approval of bitcoin ETFs in the U.S., ETH reached its highest price since May 2022. Firms like BlackRock and VanEck, who were behind BTC … Read more

2023 Crypto Market Sees Decline in Illicit Activity and Scamming – Chainalysis Report

2023 Crypto Market Sees Decline in Illicit Activity and Scamming – Chainalysis Report

Down Big: Crypto Scamming Numbers Reduced In 2023 In 2023, the crypto market faced challenges at the beginning of the year but saw a recovery with increased bullish sentiment. There was a decrease in crypto scamming and illicit activity, with a significant drop in value received in cryptocurrency addresses used for illicit activities. The report … Read more

How Blockchain is Transforming Finance: A Comprehensive Overview of Decentralised Finance (DeFi)

How Blockchain is Transforming Finance: A Comprehensive Overview of Decentralised Finance (DeFi)

The Bank in Your Back Pocket. How Blockchain is Upending Finance | by Erigi Wabemo | The Dark Side | Jan, 2024 Blockchain technology is revolutionizing the finance industry through decentralised finance (DeFi). With no middlemen, DeFi operates on open-source code, allowing individuals to easily manage their finances through their wallets. DeFi relies on blockchain … Read more