market updates

Unlocking $800 Million: Avalanche, Optimism, Aptos, and More Set for February

Theon BarrettFeb 4, 20242 min read

Aptos Unlocking Tokens Worth $222 Million Aptos, a Layer-1 network that originated from Facebook’s Libra project, is set to unlock nearly 25 million tokens worth $222…

Bitcoin’s price drops below $41,000 while spot ETFs conclude fifth day of trading

Theon BarrettJan 18, 20242 min read

BTC Price Falls Below $41,000 for First Time Since December The price of Bitcoin (BTC) has dropped below $41,000 for the first time since December. According…

Spot BTC ETFs’ SEC Approval Has No Impact on Bitcoin Price

Theon BarrettJan 10, 20242 min read

Bitcoin Price Decreases Following SEC’s Approval of Spot Bitcoin ETFs The price of Bitcoin traded at $45,519 on Jan. 10 after the SEC approved spot Bitcoin…

Anticipated Outflows of $2.7 Billion Expected for GBTC during ETF Conversion, JPMorgan Predicts

Theon BarrettNov 23, 20233 min read

Traders May Cash Out Upon Grayscale Bitcoin Trust Conversion to ETF Traders have been buying shares of the Grayscale Bitcoin Trust (GBTC) in anticipation of its…

Fidelity Executive Describes Bitcoin as the ‘Ultimate Digital Gold’

Theon BarrettNov 2, 20232 min read

Bitcoin Value Can Increase More Rapidly Than Gold, Says Fidelity Executive A Fidelity Investments executive has stated that while Bitcoin is often compared to gold, its…

Tech-heavy indexes slip lower while crypto stocks rally

Theon BarrettSep 12, 20232 min read

The Declining Interest in Bitcoin ETFs and Concerns About Altcoin Sell-Offs Investor enthusiasm for a spot Bitcoin ETF has diminished recently, as their attention shifts to…

Revolut Suspends Crypto Services for US Users Due to Regulatory Environment

Theon BarrettAug 4, 20232 min read

Revolut, a fintech firm, has announced that it will no longer offer crypto services to its users in the United States. This decision is due to…

Bitcoin Whales Accumulate More Coins: CryptoQuant

Theon BarrettJul 27, 20232 min read

Bitcoin Whales Accumulating Coins as Prices Remain Rangebound Bitcoin whales, large holders of the cryptocurrency, are actively accumulating more coins, according to data from CryptoQuant. Here…

The Mystery of the Dormant Ethereum ICO Participant Resurfaces with a $116 Million Move

Theon BarrettJul 19, 20232 min read

Ethereum ICO Participant Moves $116 Million Worth of ETH to Kraken A participant in Ethereum’s initial coin offering (ICO) has resurfaced after more than eight years…

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