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Bitcoin, Ethereum, and Solana experienced significant rebounds following the latest Federal Reserve announcement by Chair Jerome Powell.
Bitcoin, Ethereum, and Solana saw a significant price increase, coinciding with Powell’s insights from the Federal Open Market Committee’s meeting.
Federal prosecutors are scrutinizing financial transactions linked to Block, a firm founded by Jack Dorsey, focusing on potential violations at its divisions, Cash App and Square.
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May 2024 is poised to be a pivotal month for the crypto market, influenced by several critical events that could shape its trajectory.
From key economic indicators to significant regulatory decisions, here’s an overview of what market watchers anticipate this month.
As the cryptocurrency market experienced significant downturns, with Bitcoin (BTC) plunging to its lowest since February, Ethereum-based Azuki soared to new heights in the non-fungible token (NFT) sector.
Azuki’s sales reached a striking $1.
On April 30, 2024, Hong Kong entered into spot cryptocurrency exchange-traded funds (ETFs) with a mix of excitement and prudence. The Hong Kong Stock Exchange (HKEX) launched six new spot Bitcoin and Ethereum ETFs.
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As May approaches, the crypto speculates about the annual query: Should investors “sell in May and go away”?
Historical data presents a mixed bag, with Bitcoin showing an average return of 7.66% in May yet a median return of -3.17%.
As the crypto market continues to evolve at a breakneck pace, several key developments are set to shape the industry this week.
From earnings announcements to major launches and significant legal proceedings, here’s an overview of what market watchers anticipate.
The crypto community is excited as Friend.tech gears up to launch its updated version and an FRIEND crypto airdrop.
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As May approaches, BeInCrypto has identified noteworthy token unlock events set to influence the market. According to data from TokenUnlocks, in May 2024, the crypto market will see the release of approximately $3.58 billion worth of tokens into circulation.
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The Australian financial sector is poised for a transformative change as it prepares to embrace a new wave of Bitcoin exchange-traded funds (ETFs). This news came following successful precedents in the United States (US) and soon-to-be in Hong Kong.
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Ethereum has come under scrutiny from the Securities and Exchange Commission (SEC), which has hinted at classifying it as a security. This move by the SEC has sparked controversy, especially after a clear stance in 2018 that Ethereum did not meet the criteria of a security.
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In a recent Forbes exposé, cryptocurrencies like Ripple (XRP), Cardano (ADA), and Fantom (FTM) have been highlighted as “zombie tokens.” These command multi-billion dollar valuations despite minimal practical utility.
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A large volume of Bitcoin (BTC) and Ethereum (ETH) options, worth approximately $9.26 billion in notional value, will expire on April 26, 2024.
This event involves 96,172 BTC contracts and 987,000 ETH contracts.