Since the recent approval of spot Ether exchange-traded funds (ETFs) in the United States, there has been a significant withdrawal of Ether from centralized crypto exchanges (CEXes), totaling over $3 billion worth.
Read MoreSince the recent approval of spot Ether exchange-traded funds (ETFs) in the United States, there has been a significant withdrawal of Ether from centralized crypto exchanges (CEXes), totaling over $3 billion worth.
Read MoreAccording to crypto trader Peter Brandt, Bitcoin (BTC) is currently experiencing a downturn, with its price at $68,589. Brandt suggests that based on the trajectory of previous post-halving bull markets, Bitcoin could potentially peak between $130,000 to $150,000 in late August to early September.
Read MoreRecently, there has been a noticeable increase in investor confidence within the cryptocurrency market, benefiting Bitcoin significantly. Despite some ups and downs in its price, large-scale investors have been consistently accumulating BTC.
Read MoreGabor Gurbacs, a strategic advisor at Tether, which issues USDT, highlighted Bitcoin's capacity to transform the way central banks manage and safeguard national reserves. He cited India's logistical difficulties with gold as a notable illustration of this potential.
Read MoreBitcoin remains a prominent player in the cryptocurrency market, but investors are also keenly interested in potential altcoin opportunities. Four altcoins drawing attention from Bitcoin investors include PawFury (PAW), Shiba Inu (SHIB), Solana (SOL), Ripple (XRP), and Ethereum (ETH).
Read MoreInvestors are closely observing Bitcoin's current market dynamics, noting striking similarities to the bullish period of 2015-2017.
Read More