Bitcoin Fund Holdings Hit All-Time High as Spot ETF Excitement Entices Crypto Investors

Bitcoin (BTC) investment fund BTC holdings have risen to the highest ever alongside the token's continuing rally thanks in part to optimism about coming approval for a spot exchange-traded fund (ETF). According to investment advisory firm ByteTree, token holdings this week rose to 863,434, taking out the previous record high touched in April 2022.

Ripple partner FOMO Pay secures Hong Kong MSO License

FOMO Pay, a payment solutions provider that has partnered with blockchain firm Ripple, has obtained a Money Service Operator (MSO) License in Hong Kong. The license will enable FOMO Pay to offer payment and remittance services within the region.

Ether put-call options ratio is a bullish indicator for the market in 2024, says analyst

There has been an increasing number of outstanding calls compared to puts in ether options open interest ahead of the end of January expiry date, according to data from the Deribit derivatives exchange.

Shiba Inu Could Soon Offer SHIB Holders a '.shib' Internet Domain

Shiba Inu developers are working with internet domain player D3 to introduce a “.shib” internet and top-level domain to the market as part of a push toward identity-focused projects.

Bitcoin Blasts Through $45K: A Phenomenal Start to 2024 Ignites ETF Enthusiasm!

In a spectacular entrance to the new year, Bitcoin has shattered the $45,000 barrier, achieving a milestone not witnessed in almost two years. This surge in value aligns with the escalating anticipation surrounding the imminent approval of a spot Bitcoin exchange-traded fund (ETF), infusing the crypto space with renewed excitement.

Ethereum (ETH) Outperformed Bitcoin (BTC) During ETF Approval Week

While BTC has declined during the week it saw multiple ETFs approved, Ethereum has gone in the other direction, perhaps fueled by hype that it will also have exchange-traded products launching at some point.

Ripple job listing sparks rumors of an XRP ETF

Ripple (XRP) appears to be laying the groundwork for a future XRP exchange-traded fund (ETF). This development surfaces as Ripple navigates through a high-profile legal tussle with the U.S. Securities and Exchange Commission (SEC), which many speculate could eventually lead to clearer regulations and the much-anticipated approval of other crypto ETFs besides the Bitcoin spot ETF.

Bitcoin Records 5 Green Months Amid Accumulation Wave Hitting a 3-Year High

As Bitcoin (BTC) edges closer to the psychological price of $50,000 thanks to heightened bullish momentum, the leading cryptocurrency has been in the green for a couple of months.

Circle to end support for $313 million USDC on Tron amid compliance push

Centralized stablecoin issuer Circle is discontinuing support for USD Coin (USDC) on the Tron blockchain, citing concerns within its risk management framework.

Bitcoin call options cluster at $70,000 shows bullish skew, analyst says

Bitcoin options are signaling bullish sentiment, evidenced by the strike positioning and put-call ratio for March's end-of-month expiry, according to one analyst.

Predicting Bitcoin's Bull Run Values: Plan B's S2F Model and Ledn CIO's $92,000 Target

As bitcoin hovers around the $67,000 mark on March 18, 2024, there’s still widespread speculation about the potential for its price to climb even higher. The analyst Plan B continues to shed light on his well-known stock-to-flow (S2F) model, which suggests that “exponential growth” is expected to “continue.”

𝗖𝗛𝗥/𝗨𝗦𝗗𝗧 𝗠𝗔𝗥𝗞𝗘𝗧 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 🟢

#CHR is showing bullish momentum after holding the lower support zone, indicating buyers are regaining control. The price is forming higher lows, signaling potential continuation toward upper resistance levels.

Entry around 0.38 – 0.418, key levels at 0.423 – 0.61, with risk near 0.3476. Monitoring buying pressure here could confirm a sustained upside move.

#CHR #CRYPTO

Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over 5% in 24 Hours

The price of bitcoin experienced a decline on Monday, near 10:00 p.m. Eastern Time (ET), tumbling to a position slightly over the $66,000 mark. By 6:30 a.m. the following day, it had edged down further to reach its intraday low of $65,480 per unit.

𝗗𝗔𝗦𝗛/𝗨𝗦𝗗𝗧 𝗠𝗔𝗥𝗞𝗘𝗧 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 🟢

#DASH is showing bullish momentum after holding the lower support zone, indicating that buyers are stepping in at key levels. The price action suggests a potential continuation toward higher levels if the current trend sustains. Consolidation near support has formed a strong base, giving confidence for an upside move in the coming sessions.

Entry around 33 – 36.8, key levels at 37.3 – 65, with risk level near 31. Traders should watch volume and short-term momentum for confirmation before scaling in fully. Strong support at lower zones could serve as a foundation for a significant rally in the medium term.

#DASH #CRYPTO

Bitcoin Miners Ramp Up Hashrate as Halving Nears, Network Hits 653 EH/s Record

Just before the upcoming block reward halving, with only 72 blocks left until reaching block height 840,000, bitcoin miners have significantly boosted their hashrate. As of 8:50 a.m. EDT on April 19, 2024, the hashrate soared to a record 653 exahash per second (EH/s).

𝗖98/𝗨𝗦𝗗𝗧 𝗠𝗔𝗥𝗞𝗘𝗧 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 🟢

𝗖𝗵𝗮𝗿𝘁: #C98 is showing bullish momentum after holding key support, indicating potential continuation toward higher levels.

𝗠𝗮𝗿𝗸𝗲𝘁: Entry around 0.295 – 0.3135, with significant levels at 0.318 – 0.50. Risk level monitored at 0.28.

#c98 #update

Coinbase Adds Support for Bitcoin Lightning Network

The largest American cryptocurrency exchange, Coinbase, has added support for the Lightning Network on its platform to enable faster and cheaper payments. According to a blog post, the Lightning Network integration on Coinbase will reduce the cost of sending bitcoin (BTC) globally by 20x compared to the 2% charged on United States credit card transactions and the $30 paid for wire transfers.

𝗚𝗠𝗫/𝗨𝗦𝗗𝗧 𝗠𝗔𝗥𝗞𝗘𝗧 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 🟢

𝗖𝗵𝗮𝗿𝘁: #GMX is showing bullish momentum after holding key support, indicating continuation toward higher levels.

𝗠𝗮𝗿𝗸𝗲𝘁: Entry around 23 – 26.5, with significant levels at 26.8 – 50. Risk level monitored at 21.5.

#gmx #update

VanEck's spot bitcoin ETF HODL reports $109 million net increase in Q1, $620 million in BTC: filing

A new filing with the Securities and Exchange Commission illuminates key figures for the spot bitcoin exchange-traded fund (ETF) HODL, issued by the digital asset arm of the investment manager VanEck.

𝗔𝗣𝗜3/𝗨𝗦𝗗𝗧 𝗠𝗔𝗥𝗞𝗘𝗧 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 🟢

𝗖𝗵𝗮𝗿𝘁: #API3 is showing bullish momentum after reclaiming support, signaling potential continuation toward higher levels.

𝗠𝗮𝗿𝗸𝗲𝘁: Entry observed around 2.3 – 2.535, with key levels at 2.57 – 4 Risk level is maintained at 2 for management.

#api3 #update

ETF approvals will boost Ethereum’s long-term growth despite short-term headwinds – Kaiko Research

Kaiko Research said on May 27 that spot Ethereum ETF approvals are a positive sign for the digital asset’s long-term growth despite potential short-term headwinds.