LTC’s share of the global payments was 39% in March, followed by Bitcoin at 25%. LTC’s growth stagnated in the last month, causing a decline in its Open Interest. In March, Litecoin (LTC) emerged as the favored digital currency for transactions, surpassing Bitcoin [BTC] and other significant assets. Litecoin extends winning streak According to BitPay, … Read more
Based on the information from stablecoins, it appears that traders are making preparations for Bitcoin’s (BTC) price to reach a new peak. Based on findings from a KuCoin Research report, the rise in stablecoin investments is linked to the approaching Bitcoin reward reduction, scheduled to take place in just over a week. The report reveals … Read more
ETH was up by nearly 7% in the last seven days. Whales have increased their accumulation over the past week. Last week saw a surge in Ethereum‘s [ETH] value, pushing it well above the $3,500 threshold. This uptrend appears promising, with major investors reportedly accumulating larger stashes of ETH, which could potentially lead to further … Read more
The exchange listing triggered a price increase before the momentum slowed down. The sentiment around TAO remained highly positive. After Binance revealed the addition of Bittensor’s TAO token to its listings on the 11th of April, the token’s value surged from $576 to reach a peak of $725. Yet, despite this initial success, TAO’s price … Read more
Cryptocurrencies, led by Bitcoin (BTC), are rapidly gaining significance in the US economy and financial markets. The introduction of exchange-traded funds (ETFs) has opened up access to this asset class for a large number of new investors, resulting in an increase in Bitcoin’s value. This development is usually positive as it broadens the reach and … Read more
Some experts believe that the initial acceptance of Bitcoin spot ETFs in Hong Kong markets could significantly boost Bitcoin’s price surge during its upcoming halving event. Hong Kong could approve 4 Bitcoin ETFs before halving The Hong Kong Securities and Futures Commission (SFC) might give its approval for the initial offering of Bitcoin spot ETFs … Read more