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Cathie Wood’s Ark Invest Banks on Chip, Tech Stocks in Latest Buy
Cathie Wood’s Ark Invest collected chip-making and tech stocks in its latest buy on Monday. The firm’s stock collection has been relying more and more upon tech and chip makers given that the earnings season could bring a potential upside to t
Read MoreBitcoin’s Profit Crunch: Hash Price Hits Record Low Post-Halving—What’s Next For Miners?
In Bitcoin mining, the activity’s profitability is significantly influenced by a metric known as the ‘hash price.’ This metric has recently plummeted to unprecedented levels, causing concerns within the mining community. Bitcoin’s
Read MoreChina Asset Management Exec Anticipates Hong Kong Spot Bitcoin ETFs to ‘Exceed’ US Debut
With the debut of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong trading on Tuesday, market observers are speculating about the potential demand for these ETFs in the region, reminiscent of the enthusiasm seen in the U.S. following th
Read MoreSpot Bitcoin ETFs Commence Trading in Hong Kong
Spot Bitcoin exchange traded funds (ETFs) have officially gone live in Hong Kong as its stock market opens. OFFICIAL: SPOT #BITCOIN ETFS COMMENCE TRADING IN HONG KONG
Read MoreRipple’s XRP, Cardano, And Algo Labeled As ‘Zombie’ Tokens — Bad Omen For Their Future?
Forbes, a respected business news site known for its insightful analysis of financial markets, has marked several top cryptocurrencies, including XRP and Cardano’s ADA, as “zombie blockchains.” The term refers to blockchain projects that boast high
Read MoreRussia’s Looming Crypto Ban: A Battle For Financial Sovereignty
Russia finds itself at a crossroads with its attitude to the emerging cryptocurrency market as geopolitical tensions persist. The Russian government is preparing to implement a total ban on the broad circulation of cryptocurrencies like Bitcoin, a bol
Read MoreEthereum Showing Serious Strength as One Low-Cap Altcoin Flashes Bullish Signal for First Time Since 2022: Analyst
A widely followed crypto strategist says that Ethereum (ETH) is likely gearing up for a big upside move as the leading smart contract platform shows “serious strength” in the charts. Pseudonymous analyst and trader Bluntz tells his 257,000 fol
Read MoreYuga Labs and Moonbirds Introduce Enhanced NFT Holder Rights
Moonbirds NFT collection has announced significant changes to its copyright model. The collection, now owned by Yuga Labs, declared that holders would need exclusive rights to commercialize their NFTs. This marks a departure from the previous Creative Com
Read MoreBitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins
On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain anal
Read MoreThese 4 Cryptos Could Drop to New Lows in May
Following the mixed cues received from the market throughout March and April, some cryptos shot up while some came closer to making new bearish records. As we move into May, the market has not changed considerably, meaning some of these altcoins could
Read MoreThe Bitcoin Bear Market May Have Already Started, Signal Shows
Is the Bitcoin bear market already starting to rear its head? One new piece of market data suggests this could be the case. As of Monday, Bitcoin is entering what could be its fifth negative weekly close in a row. Historically, Bitcoin has never closed fi
Read MoreIn a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BT
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