Author name: Peter

Weekly NFT Sales Reach $311 Million With Bitcoin Leading, Ethereum and Polygon See Impressive Growth

Overview of NFT Sales In the last week, the non-fungible token (NFT) market witnessed total sales of $311.31 million. This represents a slight increase of 0.05% compared to the previous week. Despite this overall growth, NFT sales on the Bitcoin blockchain experienced a decrease of 19.12% from the previous week. Bitcoin Dominates NFT Sales Out […]

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Vanguard Doubles Down on Anti-Bitcoin Stance, Blocks Access to Spot Bitcoin ETFs

Investing Giant Vanguard Blocks Access to Spot Bitcoin ETFs Investing giant Vanguard has reaffirmed its anti-bitcoin and anti-crypto policy by disallowing investors from accessing spot bitcoin exchange-traded funds (ETFs) that were recently approved by the U.S. Securities and Exchange Commission (SEC). Additionally, Vanguard has announced that it will no longer accept the purchase of cryptocurrency

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Spot Bitcoin ETF Approvals, Ethereum’s Outperformance, BTC Mystery Transfer, and More — Week in Review

SEC Approves 11 Spot Bitcoin ETFs The U.S. Securities and Exchange Commission (SEC) has made a historic move by approving 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. This long-awaited approval paves the way for these ETFs to start trading on Thursday on NYSE Arca, Nasdaq, and Cboe BZX

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Edward Snowden Predicts Government Purchase of Bitcoin in 2024

Renowned whistleblower Edward Snowden has made a bold prediction, suggesting that a national government will enter the Bitcoin market this year by purchasing BTC. Snowden's Prediction Snowden stated, "Prediction: A national government will be revealed this year to have been buying Bitcoin—the modern replacement for monetary gold—without having disclosed that fact publicly." Institutional Interest in

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Unveiling Bitcoin Reserves: A Comprehensive Look at 6 New Spot Bitcoin ETFs

The Leading Bitcoin ETFs and Their Holdings Following the launch of the first spot bitcoin exchange-traded funds (ETFs) in the United States, data has emerged about the bitcoin holdings of these funds. Blackrock currently holds the largest amount of bitcoin among these funds, excluding Grayscale's GBTC. They possess an impressive 11,439 bitcoin. Additionally, both the

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Altcoin Season Index Reaches 76: Is it the Time for Altcoins to Shine?

Altcoins Outperform Bitcoin The Altcoin Season Index from blockchaincenter.net has revealed that 75% of the top 50 altcoins have outperformed bitcoin in the past 90 days. This indicator, known as the Altcoin Season Index, suggests that the time has come for altcoins to shine in the cryptocurrency market. A Changing Narrative In early December 2023,

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LBank Announces Fourth Launchpad, Featuring EchoLink

LBank's Fourth Launchpad and the Project EchoLink LBank, a global leader in the cryptocurrency exchange market, has recently announced the launch of its fourth Launchpad on January 26, 2024. This new Launchpad will feature the highly anticipated project called EchoLink. The announcement of this partnership has gained significant attention in the market, especially considering the

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Tokenized Real-World Assets (RWA) Outshine Traditional ETFs, Says Mintlayer COO

The Advantages of Tokenized Real-World Assets According to Zaid Ismail, the COO of Mintlayer, tokenized real-world assets (RWA) have distinct advantages over traditional exchange-traded funds (ETFs). Unlike ETFs, tokenized RWAs allow for trading around the clock, providing enhanced liquidity and global accessibility. These blockchain-based digital tokens also offer real-time transactions, increased transparency, reduced costs, and

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Bitcoin Technical Analysis: BTC’s Subdued Start to the Week Amid US Market Closures

Monday's trading activities are expected to be subdued due to the observance of Martin Luther King Jr. Day, resulting in the closure of the U.S. bond market, Nasdaq, and the New York Stock Exchange (NYSE). Bitcoin, during the past hour, has been trading within the range of $42,530 and $42,765 per unit, experiencing a slight

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