Bitcoin’s 50-week simple moving average (SMA) has crossed the 200-week SMA for the first time ever, confirming a golden crossover. The phrase and its counterpart the “death cross,” in which the short-term simple moving average (SMA) drops below the long-term…
Smaller cryptocurrencies are having their moment as Bitcoin (BTC) trades tepidly in the wake of spot ETFs debuting in the US. Of particular note are CHZ, the native token of the Chiliz network used to buy Fan tokens on Socios.com…
The Bitcoin ETF market is about to get even more diverse as ProShares has made a series of new filings. Henry Jim, ETF analyst at Bloomberg, shares that there are five new Bitcoin ETFs in the pipeline, offering leverage and…
Investing in indices is a great approach, but you can do better with specific stocks or cryptocurrencies from time to time. Let’s say you invested $1,000 in an index fund that tracks… Standard & Poor’s 500 (^GSBC -0.37%) Index 5…
The presence of a large cryptocurrency community at the World Economic Forum in Switzerland this week highlights an inherent tension: on the one hand, the industry’s desire to gain acceptance by the business establishment, and on the other, the concern…
A hacker was arrested for stealing more than $2 million in cryptocurrenciesSC Media Hacker behind $2 million cryptocurrency mining project arrested in UkraineSecurity Week A Ukrainian has been arrested on charges of infecting a US cloud provider with cryptocurrency malwareRecord…
Spot bitcoin ETFs generated trading volumes of around $10 billion in their first three days on the market, with Grayscale Investments and BlackRock funds continuing to lead competitors in the category. Grayscale’s newly converted Bitcoin Trust ETF (GBTC) generated trading…
The correlation between Bitcoin and gold prices has risen to new heights in recent months following a bullish close into 2023 and the approval of a spot Bitcoin ETF. Bitcoin’s relationship with gold has fluctuated throughout most of the digital…
ProShares on Tuesday filed prospectus materials for five leveraged and inverse exchange-traded funds, just days after the bitcoin ETFs began trading. The names of the funds are ProShares Plus Bitcoin ETF, ProShares Ultra Bitcoin ETF, ProShares UltraShort Bitcoin ETF, Proshares…
Core Scientific, one of the most prominent victims of the crypto winter among bitcoin miners, has received approval for its Chapter 11 reorganization plans from the Southern District of Texas Bankruptcy Court, and expects to relist its shares on the…