Tag: COIN:LINKUSD
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BlackRock’s IBIT Surges as Top Bitcoin ETF, Bitfarms Rejects Riot Platforms Offer, and More Crypto News
Bitfarms rejects Riot Platforms’ $950 million acquisition offer On May 29th, Bitfarms (NASDAQ:BITF) rejected a $950 million acquisition proposal from Riot Platforms (NASDAQ:RIOT), arguing that the offered value was insufficient. Received on April 22nd, the offer consisted of $2.30 per share in cash and stock. The decision was made after analysis by the Special Committee…
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Trading of Ether ETFs Delayed, LINK Performs Well, and More Crypto News
Ethereum ETFs approved but trading still pending The SEC has given the green light to eight Ethereum ETFs from major management firms like BlackRock (NYSE:BLK), Fidelity, and Grayscale. However, the delay in finalizing the S-1 forms, essential for the commencement of trading, might prolong the process. Experts indicate that the sluggishness is due to last-minute…
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Bitcoin Hits $67K, US Faces Crucial Vote on Crypto Regulation, and More
Bitcoin reaches $67k on Friday after institutional drives and regulatory expectations On Friday, Bitcoin’s price (COIN:BTCUSD) experienced a strong recovery, surpassing US$ 67,000 after a brief drop below US$ 65,000 the previous day. Bitcoin’s price was currently around US$ 67,160, with a 3% increase over 24 hours. The recovery was fueled by several positive entries…
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Crypto: Chainlink and Telefonica Forge Alliance, Klaytn-Finschia Merger, and Latest Updates
Optimism in the Bitcoin market revealed by call options The bitcoin market shows remarkable optimism, as evidenced by the recent wave of purchases of call options with exercise prices exceeding the $60,000 mark, extending from April to December of this year. A report from QCP Capital highlights an impressive allocation of nearly $10 million in…
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Crypto: SEC Postpones Ether ETF Decision, Hut 8 Leadership Transition, and Latest News
Bitcoin on the brink of a breakout with $535 million at stake Bitcoin (COIN:BTCUSD) shows signs of stabilization in a narrow range, suggesting an imminent breakout. There is notable accumulation at strong support levels, reflecting a robust base for potential upside. However, for a significant uptrend, it is crucial to overcome resistance at $43,800. Analysis…
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Crypto: Valkyrie Selects BitGo as Custodian, Chainlink Surges 35% in the Week, and More
ARK Invest sees Bitcoin at $2.3 million with asset diversification and market updates ARK Invest predicts that Bitcoin could reach $2.3 million with a reallocation of 19.4% of global assets. The report highlights Bitcoin (COIN:BTCUSD) as an attractive investment, with an annualized return history of 44% over the past seven years, outperforming other assets. ARK…
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Crypto: RNDR, LINK, CHZ Emerge as Wednesday’s Top Performers, Ethereum Pilots Dencun Update, and More
Lesser-known tokens gain prominence in the crypto market While Bitcoin (COIN:BTCUSD) remains stagnant at $42,500, smaller tokens such as Chiliz (COIN:CHZUSD) and Klaytn (COIN:KLAYUSD) are gaining attention in the cryptocurrency market. CHZ, used to buy Fan tokens on Socios.com, rose 40.3% in the last 7 days. KLAY, supported by the giant Kakao, shows a weekly…
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Crypto: Fantom Reduces Staking Requirements, TrueUSD Parity Drop, and More
Market contrast: Bitcoin rises while ETFs fall In the last 24 hours, Bitcoin (COIN:BTCUSD) experienced a modest increase, surpassing $43,000, while exchange-traded funds (ETFs) showed a contrasting trend. Notably, ETFs from BlackRock (NASDAQ:IBIT) and Van Eck (AMEX:HODL) suffered losses, each dropping by 1.1% during this period. This decline is part of a broader downward trend…
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Crypto: BTC Maintains Stability Above $46,500, HNT Surges, BitPay Expands Crypto Support, and More
Wait for the approval of Bitcoin ETFs in the US accelerates BlackRock (NYSE:BLK), VanEck, Invesco, Galaxy, ARK 21Shares, Grayscale, and other potential issuers are among the 13 waiting for approval to launch Bitcoin exchange-traded funds (ETFs) in the US. They updated their documents on Tuesday, responding to the SEC’s comments received in the last 24…
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Crypto: Volatile Bitcoin with ETF Anticipation, Etherscan Acquires Solscan, and Latest Updates
Bitcoin and other cryptocurrencies fall on Fed and ETF expectations On Wednesday, Bitcoin (COIN:BTCUSD) faced a 4.5% drop, reaching US$42,930, influenced by the expectation of news from the Federal Reserve and the possible approval of a Bitcoin ETF. Other cryptocurrencies such as Ether (COIN:ETHUSD), Solana (COIN:SOLUSD) and XRP (COIN:XRPUSD) also saw significant drops. These fluctuations…