Crypto

The resurgence of Bitcoin and the broader crypto market has minted a new class of billionaires. Over the past year, the total value of all outstanding cryptocurrencies skyrocketed by 170%, adding approximately $1.6 trillion to the market, which was largely fueled by the legalization of spot Bitcoin exchange-traded funds (ETFs) in the United States. This phenomenal growth pushed Bitcoin to a record high of $73,000 in March, creating new billionaires. 17 Crypto, Bitcoin Billionaires A new list of the world’s…

The Bitcoin price took a sharp downturn recently, dipping below $67,000 and raising concerns among investors. However, a crypto analyst has encouraged the crypto community to buy more Bitcoin at this time, suggesting that the decline presents an opportunity to acquire BTC at a lower price.  Bitcoin Decline Signals Prime Buying Opportunity Michael van de Poppe, a popular crypto analyst and enthusiast, has remained optimistic about Bitcoin’s future outlook, urging the broader crypto community to view the cryptocurrency’s recent dip…

Shiba Inu (SHIB) has experienced an over 10% price dip according to its 7-day chart, showing some signs of recovery today. The Shiba Inu price was stable for most of the last week, only seeing a drop in the early hours of Monday, April 1. At the time, the second-largest meme coin by market cap dropped from around $0.000030 to a support at $0.000026. Interestingly, while this coincides with an industry-wide correction and Bitcoin’s pullback, there might be a different…

Deribit FZE, the Dubai entity of crypto derivatives firm Deribit, announced it received a conditional Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The platform will also relocate its global headquarters to Dubai.   Deribit FZE secured a conditional Virtual Assets Service Provider license from Dubai’s financial regulator. The conditional license allows Deribit to offer VA Exchanges Services and covers both spot and derivatives trading. The license, however, is non-operational until Deribit satisfies the VARA’s remaining…

In the dynamic world of cryptocurrency, the potential for massive gains often lies with lesser-known altcoins. With Bull run 2024 unfolding, certain digital currencies beyond the mainstream spotlight are poised for staggering growth. This article uncovers these under-the-radar options that could multiply investments significantly. For those aiming to maximize their crypto portfolio's performance, understanding these options is crucial. Discover the secrets to identifying the next big crypto winners in a market brimming with opportunity. TRUE Token: Harness the Power of…

Leading crypto venture firm Paradigm aims to raise $850M for investments amidst a market resurgence, reflecting growing optimism and increased fundraising activity in the crypto industry. Paradigm's Ambitious Fundraising Plans According to sources familiar with the matter, cryptocurrency venture firm Paradigm is in discussions with investors to secure between $750 million and $850 million for a new investment vehicle. If successful, this endeavor would mark one of the largest funds raised since the crypto market downturn in May 2022. A…

The post Crypto Market Crash: Bitcoin Price Might Drop to This Level While Altcoins To Plunge 30-40% appeared first on Coinpedia Fintech News In a recent analysis by The Fomo Factory, an expert analyst examined the bullish and bearish signals in the current Bitcoin market, raising concerns about a possible correction. Just days ago, Bitcoin recorded a historic bullish close, surpassing its previous all-time high on a weekly, monthly, and quarterly basis. However, the euphoria seems short-lived as a potential…

The cryptocurrency market has witnessed a significant surge after a prolonged bear market and the intensified crypto winter caused by the collapse of crypto exchanges and firms during 2022 and part of 2023.  Notably, Bitcoin and other major cryptocurrencies have experienced substantial price surges, accompanied by renewed interest from institutional investors entering the market through recently approved spot Bitcoin exchange-traded funds (ETFs).  Adding to the industry’s positive outlook, asset manager and Bitcoin ETF issuer, Grayscale, believes that the current state…

CrowdSwap has launched the first decentralized crypto exchange-traded fund (ETF) ever, consisting of ten digital assets, including Bitcoin (BTC) and Ether (ETH). According to a press release, the new crypto fund, the Bull Run dETF, offers investors access to a diversified digital asset portfolio while ensuring the processes remain decentralized and secure. The First DeFi Crypto ETF Ever CrowdSwap’sCrowdSwap’s Bull Run dETF also consists of Polygon (Matic), Avalanche (AVAX), Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Fetch AI (FET), ChainGPT…