[ad_1] The Bitcoin price has now successfully crossed the $59,000 level after an incredibly bullish month of February. The market leader has also barreled ahead of all expectations during this time as well, continuing to rally at a time when prices are expected to crash ahead of the next halving. Institutional Investors Drive Bitcoin Price … Read more
[ad_1] Same with NFTs when I look at it. Yes, there are many other factors, but just the fact that with Ordinals, the image is literally on the chain. And it’s not on any chain, it’s on Bitcoin, right? We know that Bitcoin is going to be around. I think that one property just stands … Read more
[ad_1] While the consensus is that that event, coupled with the strong inflows into the U.S.-based exchange-traded funds (ETFs), implies a supply-demand imbalance and potential for a continued move higher, some traders have started to position for a sharp decline. They have begun snapping up bitcoin puts, or options to sell, at strike prices well … Read more
[ad_1] In a major shift within the financial industry, Fidelity Investments, with its colossal $12.6 trillion in assets under administration, is now recommending that the traditional 60/40 portfolio model should evolve to include a 1-3% allocation to crypto, specifically through its spot Bitcoin ETF (FBTC). This groundbreaking move is not just a nod to the … Read more
[ad_1] Ripple’s XRP has been struggling to regain its momentum, as its performance continues to lag behind that of its competitors in the crypto market. Recent data from CoinMarketCap reveals that XRP has been the most underperforming large-cap cryptocurrency over the past month, with gains of just over 4%. This stands in stark contrast to … Read more
[ad_1] “I would argue traditional finance’s message for the future that trillions of dollars will be tokenized is completely disconnected from firms that are innovating with RWAs,” Quensel said in an interview. “TradFi’s understanding of a token as a database record doesn’t make any sense to DeFi. A token is not a database record; it’s … Read more