As the crypto market kicks off the new year with fireworks of prosperity and growth, one major player, Shiba Inu (SHIB), finds itself at the center of attention. The ever-volatile market has witnessed Bitcoin (BTC) soaring to local highs of $45,880, signaling a promising start to 2024. Crypto enthusiasts are reveling in the increasing market…
Morgan Stanley is likely to gain exposure to Bitcoin through Grayscale’s GBTC. This move aligns with the bank’s investment strategy and further boosting the Bitcoin ETF hype. The Morgan Stanley Opportunity Fund is reportedly set to allocate up to 25% of its total assets to Bitcoin (BTC) through the Grayscale Bitcoin Trust (GBTC). This historic development comes…
Introduction: In a momentous occasion for the crypto community, Bitcoin, the trailblazer of digital assets, celebrates its 15th birthday with an unexpected green surge in its price chart. This milestone commemorates the mining of Bitcoin’s first block, the “genesis block,” on January 3, a historic event that reshaped the landscape of digital assets and financial…
As Steamboat Willie’s copyright expires, paving the way for its entry into the public domain in 2024, a new frontier emerges in the form of NFTs. Explore the latest developments as iconic scenes from this timeless Mickey Mouse classic transition into the digital realm through Non-Fungible Tokens. Public Domain Triumph: Discover the implications of…
“Grayscale Investments, a prominent crypto asset management firm, has submitted its third amendment to the spot bitcoin ETF filing, anticipating inclusion in the U.S. Securities and Exchange Commission’s (SEC) initial decision round. However, the filing lacks crucial information, particularly details concerning authorized participants, a key requirement emphasized by the SEC. Despite other asset managers complying…
The crypto market is off to a breakout this new year, with the price of bitcoin surpassing $45,000 for the first time since April 2022 amid investors’ anticipation of a potential approval of a spot bitcoin exchange-traded fund in the United States. Meanwhile, tokens for two major Layer 2 scaling solutions — Arbitrum ARB +14.81% and Optimism OP +3.52% — have witnessed price…
Dog-themed cryptocurrency Shiba Inu is seeing a spike in netflows, remarkably from whales, or large holders. According to IntoTheBlock data, Shiba Inu is reporting a 1,028% spike in Large Holders Netflow, which provides an idea of the change in positions of whales and investors with over 0.1% of the supply. Large-holder netflows surged in 24…
The Bitcoin (BTC) price began in 2024 with a massive increase, reaching above $45,000 for the first time in more than 600 days. The BTC price increase also caused a close above a critical horizontal area. With the ETF approval drawing near, how long will this increase continue? Bitcoin Closes Above Resistance The BTC price…
