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Bitcoin (BTC) Downside Looks Limited As Coinbase Premium Shoots Significantly High

After hitting its all-time high above $64,500 on the day of the Coinbase (NASDAQ: COIN) listing, Bitcoin (BTC) has retraced partially with a bit of downward pressure. On Friday, April 16, Bitcoin (BTC) took a dip below $61,000 levels after news broke out that one of the major BTC markets – Turkey – has issued

After hitting its all-time high above $64,500 on the day of the Coinbase (NASDAQ: COIN) listing, Bitcoin (BTC) has retraced partially with a bit of downward pressure. On Friday, April 16, Bitcoin (BTC) took a dip below $61,000 levels after news broke out that one of the major BTC markets – Turkey – has issued

coinbase
Altcoin News
coinbase
Altcoin News

Skybridge Capital CEO Compares Coinbase Listing to Netscape IPO Era, Says its a Wake Up Call For Wall Street Banks

Skybridge Capital CEO Anthony Scaramucci recently in an interview with CNBC revealed that the holds the newly listed Coinbase ($COIN) shares calling it a breakthrough movement for crypto space. Scaramucci went on to compare the Coinbase listing to Netscape IPO in the late 90s that marked the beginning for the internet age companies. The Skybridge

Skybridge Capital CEO Anthony Scaramucci recently in an interview with CNBC revealed that the holds the newly listed Coinbase ($COIN) shares calling it a breakthrough movement for crypto space. Scaramucci went on to compare the Coinbase listing to Netscape IPO in the late 90s that marked the beginning for the internet age companies. The Skybridge

Ark Invest
Altcoin News
Ark Invest
Altcoin News

Ark Invest Buys Additional $110M in Coinbase($COIN) Shares

Cathie Wood led Ark Investment Fund bought an additional 341,186 Coinbase shares estimated to be worth $110 million, a day after purchasing nearly $250 million worth of shares yesterday. The investment fund had added 1.76% $COIN exposure to its flagship Ark Innovation ETF (ARKK.P), it’s Next Generation Internet ETF (ARKW.P), and Fintech Innovation ETF (ARKF.P), and the newly bought

Cathie Wood led Ark Investment Fund bought an additional 341,186 Coinbase shares estimated to be worth $110 million, a day after purchasing nearly $250 million worth of shares yesterday. The investment fund had added 1.76% $COIN exposure to its flagship Ark Innovation ETF (ARKK.P), it’s Next Generation Internet ETF (ARKW.P), and Fintech Innovation ETF (ARKF.P), and the newly bought

Bitcoin News
Bitcoin News

Ex Goldman Sachs Executive to Take Over as Galaxy Digital Chairman Prior to its Public Listing

Galaxy Digital, a crypto asset manager has announced Michael Daffey, the former Goldman Sachs executive as the chairman of the firm. The decision seems to be taken because of its public listing later this year. Daffey would take over the lead role from founder Mike Novogratz who would maintain his position as the CEO of

Galaxy Digital, a crypto asset manager has announced Michael Daffey, the former Goldman Sachs executive as the chairman of the firm. The decision seems to be taken because of its public listing later this year. Daffey would take over the lead role from founder Mike Novogratz who would maintain his position as the CEO of

Bitcoin News
Bitcoin News

Bitcoin price uptrend to $65,000 decelerates amid potential bearish comeback

Bitcoin recovery hit a barrier at $64,000, hindering movement to $65,000. The ascending parallel channel lower edge support is under tremendous pressure to give to bearish advances. Bitcoin has resumed the sluggish price action a day after hitting a new record high close to $65,000. The recent upswing occurred after Coinbase was directly listed on

Bitcoin recovery hit a barrier at $64,000, hindering movement to $65,000. The ascending parallel channel lower edge support is under tremendous pressure to give to bearish advances. Bitcoin has resumed the sluggish price action a day after hitting a new record high close to $65,000. The recent upswing occurred after Coinbase was directly listed on

Hester Peirce
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Hester Peirce
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SEC Commissioner’s New Token Harbor Initiative Proposes 3-Year Grace Period for Crypto Startups

Hester Peirce, the SEC commissioner who is also popularly known as ‘crypto mom‘ because of her in-depth understanding of the crypto space has come out with an updated token harbor initiative first introduced in February 2020, to help new crypto startups raise funds without worrying about regulatory clampdowns.  The new token fundraising solution proposes a

Hester Peirce, the SEC commissioner who is also popularly known as ‘crypto mom‘ because of her in-depth understanding of the crypto space has come out with an updated token harbor initiative first introduced in February 2020, to help new crypto startups raise funds without worrying about regulatory clampdowns.  The new token fundraising solution proposes a

Bitcoin News
Bitcoin News

Is It A Good Time to Buy Bitcoin? Analyses Suggests ‘Waiting’ Before BTC Passes $64k

Coinbase direct listing (Not An IPO!) was a huge success and $COIN trading is open at Nasdaq making Coinbase the first company to go public. Bitcoin price is currently in the greedy stage and losing $61,000 may trigger short term bearish sentiment. So, first let’s take a look at Bitcoin Greed Index. Bitcoin Greed Index

Coinbase direct listing (Not An IPO!) was a huge success and $COIN trading is open at Nasdaq making Coinbase the first company to go public. Bitcoin price is currently in the greedy stage and losing $61,000 may trigger short term bearish sentiment. So, first let’s take a look at Bitcoin Greed Index. Bitcoin Greed Index

Bitcoin News
Bitcoin News

World’s Largest Asset Manager Black Rock CEO says Crypto Can Become a Great Asset Class

Larry Fink, CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said cryptocurrencies can become a great asset class. Fink added that people should stop looking at Cryptocurrencies as substitute money as it has risen as a form of investment rather than a substitute for currency. Fink explained, “It may

Larry Fink, CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said cryptocurrencies can become a great asset class. Fink added that people should stop looking at Cryptocurrencies as substitute money as it has risen as a form of investment rather than a substitute for currency. Fink explained, “It may

Blockchain News
Blockchain News

Cathie Wood led Ark Investment’s $250M $COIN Share Purchase Send its Pre-Market Value Above $400

Coinbase ($COIN) made its official public debut yesterday on Nasdaq with an opening price of $381 and reached a daily high of $429.54 before closing the day at $310. The pre-market share of $COIN listed on FTX registered a new high above $400 today as Cathie Wood led Ark Investment bought 749K shares of $COIN,

Coinbase ($COIN) made its official public debut yesterday on Nasdaq with an opening price of $381 and reached a daily high of $429.54 before closing the day at $310. The pre-market share of $COIN listed on FTX registered a new high above $400 today as Cathie Wood led Ark Investment bought 749K shares of $COIN,

Bitcoin News
Bitcoin News

World’s Third Richest Insurer AXA Now Accepts Bitcoin Payments in Switzerland

AXA, a multinational insurance firm is all set to offer a Bitcoin payment option for its customers in Switzerland, making them the first all-line insurer to do so. The new payment option is available for all the customers in Switzerland since the start of April and would allow them to pay premiums for all non-life

AXA, a multinational insurance firm is all set to offer a Bitcoin payment option for its customers in Switzerland, making them the first all-line insurer to do so. The new payment option is available for all the customers in Switzerland since the start of April and would allow them to pay premiums for all non-life

Bitcoin News
Bitcoin News

WallStreetBets Welcomes Crypto Discussions, Ark Investment Picks $246 Million Worth COIN Stock on Day 1

WallStreetBets, the popular Reddit group of retail investors behind the controversial GameStop (NYSE: GME) rally, has welcome the current crypto market rally as Bitcoin (BTC) clocks an all0time high above $64,700 on Wednesday, April 14. The Reddit web forum has started a thread for crypto discussion for cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).

WallStreetBets, the popular Reddit group of retail investors behind the controversial GameStop (NYSE: GME) rally, has welcome the current crypto market rally as Bitcoin (BTC) clocks an all0time high above $64,700 on Wednesday, April 14. The Reddit web forum has started a thread for crypto discussion for cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).

Bitcoin News
Bitcoin News

Coinbase’s COIN Stock Could Be Heading for $600 Price Target Predicts Analyst

On Wednesday, April 14, Coinbase (COIN) made a stellar debut on Wall Street closing at $328 per share and drawing valuations of $83 billion at the time of closing on Nasdaq. This is a strong 30% gain on a listing day. However, the COIN share’s listing price was a massive $381 but a choppy trading

On Wednesday, April 14, Coinbase (COIN) made a stellar debut on Wall Street closing at $328 per share and drawing valuations of $83 billion at the time of closing on Nasdaq. This is a strong 30% gain on a listing day. However, the COIN share’s listing price was a massive $381 but a choppy trading

Bitcoin News
Bitcoin News

Canada’s Horizon ETF Management Launches First Inverse Bitcoin ETF on Toronto Stock Exchange

Financial institutions in Canada and regulatory bodies are really working on the front foot to bring Bitcoin derivative products to the market. After approving two Bitcoin ETFs back in February 2021, Canadian regulators have now approved the first ‘inverse Bitcoin Exchange Traded Fund (ETF)’. Basically, it means that customers can now do both – long

Financial institutions in Canada and regulatory bodies are really working on the front foot to bring Bitcoin derivative products to the market. After approving two Bitcoin ETFs back in February 2021, Canadian regulators have now approved the first ‘inverse Bitcoin Exchange Traded Fund (ETF)’. Basically, it means that customers can now do both – long

Bitcoin News
Bitcoin News

Bitcoin Flips $1 Trillion Consolidation to Support at $60k, 245k+ BTC Moved Above $62.5k Price

Bitcoin registered a new ATH of $64,863 today breaking out of the month-long on-chain consolidation phase between $58k-$60k. The new leg of the bull run has seen bitcoin turn its key consolidation phase into strong on-chain support. More than 245K Bitcoin was moved on-chain at a price above $62.7K, leading to 1.909 million bitcoin being

Bitcoin registered a new ATH of $64,863 today breaking out of the month-long on-chain consolidation phase between $58k-$60k. The new leg of the bull run has seen bitcoin turn its key consolidation phase into strong on-chain support. More than 245K Bitcoin was moved on-chain at a price above $62.7K, leading to 1.909 million bitcoin being

Altcoin News
Altcoin News

Breaking: Coinbase ($COIN) Reportedly To Open Trading at $340/Share

Coinbase Inc, the cryptocurrency exchange is all set to go public on Nasdaq today at 1:30 PM Eastern time. The reference price was earlier reported to be $250/ share, which is nearly 1/3rd of the pre-IPO share value trading on the FTX exchange earlier today. The price of pre-IPO Coinbase share has now registered a

Coinbase Inc, the cryptocurrency exchange is all set to go public on Nasdaq today at 1:30 PM Eastern time. The reference price was earlier reported to be $250/ share, which is nearly 1/3rd of the pre-IPO share value trading on the FTX exchange earlier today. The price of pre-IPO Coinbase share has now registered a

GBTC vs GLD
Altcoin News
GBTC vs GLD
Altcoin News

Golden Days of GOLD Over As Grayscale’s GBTC All Set to Overtake Leading Gold ETF

Grayscale Bitcoin Trust Fund ($GBTC), the largest Bitcoin pegged fund for institutional investors is on its way to overtake the most popular gold-pegged ETF SPDR Gold Trust ($GLD) in the coming months. The growing popularity of Bitcoin over the past 3-4 months has seen even the biggest gold bugs cut their exposure to gain exposure

Grayscale Bitcoin Trust Fund ($GBTC), the largest Bitcoin pegged fund for institutional investors is on its way to overtake the most popular gold-pegged ETF SPDR Gold Trust ($GLD) in the coming months. The growing popularity of Bitcoin over the past 3-4 months has seen even the biggest gold bugs cut their exposure to gain exposure

TRX Price Analysis: 12 Hr Chart
Altcoin News
TRX Price Analysis: 12 Hr Chart
Altcoin News

TRON (TRX) Price Analysis: TRX Breaks Bull Pennant & Shoots For $0.20

TRX price breaks out of week long bull pennant Bears defend $0.15 as key resistance 12 hr stochastic RSI Indicates there is more juice in the tank Tron (TRX) Market Update TRON , the 17th largest cryptocurrency, has had a bullish week rising nearly 45% from its low of $0.10 on April 8th. Along with

TRX price breaks out of week long bull pennant Bears defend $0.15 as key resistance 12 hr stochastic RSI Indicates there is more juice in the tank Tron (TRX) Market Update TRON , the 17th largest cryptocurrency, has had a bullish week rising nearly 45% from its low of $0.10 on April 8th. Along with

Bitcoin News
Bitcoin News

At New All-Time High of $64,450, Bitcoin (BTC) Is Bigger Than Britain’s Sterling Pound

In an indomitable market rally, the Bitcoin (BTC) price has shot another 6% today hitting its new all-time high of $64,450 levels. With this, Bitcoin’s market cap touched $1.2 trillion thereby making it even bigger than Britain’s Sterling Pound (GBP). At $64,000, #Bitcoin becomes the 6th largest currency in the world and overtakes the British

In an indomitable market rally, the Bitcoin (BTC) price has shot another 6% today hitting its new all-time high of $64,450 levels. With this, Bitcoin’s market cap touched $1.2 trillion thereby making it even bigger than Britain’s Sterling Pound (GBP). At $64,000, #Bitcoin becomes the 6th largest currency in the world and overtakes the British

Bitcoin News
Bitcoin News

Bitcoin price rolls on the runway ready for takeoff to $70,000 as market cap nears $2 trillion

Bitcoin crosses the $63,000 mark as uplift to $70,000 becomes apparent. The ascending parallel channel appears to have secured BTC’s uptrend. Closing the day under the channel’s middle boundary support could pave the way for correction. Bitcoin spurred action across the cryptocurrency market on making a confirmed break above $60,000. Moreover, lifting above the recent

Bitcoin crosses the $63,000 mark as uplift to $70,000 becomes apparent. The ascending parallel channel appears to have secured BTC’s uptrend. Closing the day under the channel’s middle boundary support could pave the way for correction. Bitcoin spurred action across the cryptocurrency market on making a confirmed break above $60,000. Moreover, lifting above the recent

Bitcoin News
Bitcoin News

Bitcoin Breaks Into Top-10 Largest Global Currency Leaving behind Canadian (CAD) and Australian Dollar (AUD)

Bitcoin ($BTC) price today registered a new ATH of $63,861 after a month-long consolidation phase. The rising price of Bitcoin along with its market cap has made it top-10 list of largest currencies by M1 Market Supply, leaving behind the likes of the Canadian Dollar (CAD) and Australian Dollar (AUD) to make it to the

Bitcoin ($BTC) price today registered a new ATH of $63,861 after a month-long consolidation phase. The rising price of Bitcoin along with its market cap has made it top-10 list of largest currencies by M1 Market Supply, leaving behind the likes of the Canadian Dollar (CAD) and Australian Dollar (AUD) to make it to the