Jan van Eck, the CEO of the investment management company VanEck, recently shared his thoughts on Bitcoin’s potential during the BTC Conference in the United States. He emphasized that over 30% of his portfolio is allocated to the primary digital asset, showcasing his strong belief in its future. VanEck is known for launching spot Bitcoin
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Following the launch of the Spot Ethereum ETFs, the price of Ethereum (ETH) has faced unexpected challenges, contradicting the initial excitement surrounding the event. Despite the anticipation for investors to gain exposure to ETH without directly purchasing the token, the market response has been lackluster. Since the trading of Spot Ethereum ETFs commenced on July
This past week saw the launch of several Ethereum ETFs, a significant event in the world of cryptocurrency. However, despite this milestone, Ethereum’s price took a hit, dropping by over 10%. The support level at $3,300 flipped into a resistance, signaling a bearish sentiment in the market. If buyers fail to reclaim this level soon,
Robert Kennedy Jr., during the industry day of the annual Bitcoin conference in Nashville, Tennessee, presented a bold financial policy plan that aims to position the United States as the largest holder of Bitcoin globally. His strategy involves acquiring Bitcoin worth $619 billion to match the current US gold reserves, with the goal of reforming
Planet X is not just your average free-to-play shooter game; it is a revolutionary step towards combining blockchain technology with traditional gaming. By creating a seamless experience for players to enjoy sci-fi shooter battles while also having the chance to earn real-world prizes, Planet X stands out in the ever-changing world of web3 gaming. The
The options market for Bitcoin is set to see a significant event on Friday, July 26, with around 61,200 contracts expiring, amounting to a notional value of $4.26 billion. This expiry is larger than usual due to it being the end of the month. The put/call ratio for these contracts stands at 0.61, indicating that
Illuvium, a groundbreaking blockchain-based gaming platform, has officially launched its mainnet for players worldwide. This launch marks a significant milestone for the project and the gaming community as a whole. Illuvium offers a unique gaming experience through three major title umbrellas: Overworld, Arena, and Zero. These interconnected titles provide players with a variety of gameplay
Recently, WazirX conducted a preliminary investigation into a sophisticated cyber attack on its multi-signature Ethereum wallet. The attack raised concerns within the crypto community, as it targeted the exchange’s signers and a custody service provider, Liminal. The investigation revealed that compromised hardware wallets were likely the cause of the breach, contradicting the initial belief that
A recent prediction by a crypto analyst suggests that Bitcoin (BTC) could potentially reach an unprecedented high of $263,000. This forecast is based on the observation of a technical pattern called the “Cup with Handle chart pattern.” According to the analyst, for Bitcoin to achieve this bullish surge, it will need to break above the
Dalmas Ngetich, a seasoned crypto reporter, has made a significant impact on the crypto industry with his unique perspective and expertise. With a specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, Dalmas stands out in the field. His background in mechanical engineering and over a decade of experience in journalism has equipped him