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BlackRock, Fidelity, Franklin Templeton, Invesco Galaxy, and WisdomTree are included in the list of top investors eyeing BTC ETFs. Over the past 24 hours, BTC’s price was able to climb by 0.90%, which left it trading hands at $25,981.03. If BTC is able to close today’s daily candle above the 9-day EMA, then it may attempt to overcome the $26,915 level. The Bitcoin (BTC) monitoring Twitter (X) account, Documenting Bitcoin, shared a post on X yesterday, revealing that many big-name institutional investors are taking the opportunity to file for BTC ETFs (Exchange Traded Fund). BlackRock, Fidelity, Franklin Templeton, Invesco Galaxy, and WisdomTree were the top 5 largest companies to file for the sought-after ETF. Also included in Documenting Bitcoin’s list were VanEck, GlobalX, ARK Invest, Bitwise, and Valkyrie. Overall, the total assets managed among all of the ETF hopefuls amount to $17.7 trillion. Institutions filed for a #bitcoin ETF – BlackRock ($...

Europe experienced a 50% fall in fintech investments in the first half of 2023. In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets.  According to the report “State of European FinTech”, released by the Amsterdam-based fintech venture fund Finch Capital, Europe, Middle East and Africa (EMEA) region experienced a 50% drop in fintech investments in the first half of 2023. The total amount of funding fell from $27.3 billion in H1 2022 to $11.2 billion in H1 2023. However, crypto businesses stand out in the overall picture, gaining a leading position in investments attracted across several large markets. In the United Kingdom, the blockchain and crypto sector grabbed a 28% share of all the deals, struck in fintech in H1 2023. This number is even higher in the Netherlands — 35% of all deals. In Germany and France, the crypto’s share constitutes 27% and 29% respectively. Re...

CoinEx Losses Yet To Be Confirmed Moreover, while the exact figure of the financial damage remains under calculation, initial reports estimate it to be $28 million. CoinEx has emphatically stated that all users’ assets are “ secure and untouched .” Affected parties, it pledges, will receive total compensation for any losses incurred due to this security breach. advertisement Legal and Expansion Challenges Amid Security Concerns The current security mishap is one of many challenges CoinEx is grappling with. The exchange also faces legal proceedings from a New York state attorney over alleged business registration violations . Despite these hurdles, CoinEx has remained within its strategic expansion plans. Recently, the platform announced a new partnership with a Web3 conference to bolster its cryptocurrency trading ecosystem. The incident involved unauthorized transactions in Ethereum (ETH), TRON (TRX), and Polygon (MATIC). This step prompted CoinEx to ...

The Data Nerd revealed in a tweet today that whales and market makers sold more than 30 million ARB over the past 24 hours. Further analysis indicated that 7 whales sold 20.41 million ARB at a 33.67% loss. Meanwhile, a medium-term bullish chart pattern had formed on ARB’s daily chart. The Twitter user The Data Nerd revealed in a tweet earlier today that whales and market makers dumped more than 30 million Arbitrum (ARB) tokens throughout the past 24 hours. According to the post, on-chain data reveals that 7 whales sold 20.41 million ARB at a 33.67% loss. Over the past 1 day, Whale and MM have dumped more than 30M $ARB. • 7 whales sold 20.41M $ARB ($16.05M), suffering a loss of $8.15M(-33.67%). • Wintermute Trading deposited 8.35M $ARB($6.44M) to CEX and still holds 36.6M $ARB($28.35M). And $ARB decreases by 8% to $0.77. pic.twitter.com/Av7stJ4MyR — The Data Nerd (@OnchainDataNerd) September 12, 2023 Meanwhile, Wintermute Trading deposited 8.35 mill...

Bitcoin shorts start to suffer thanks to a $1,000 BTC price relief rally, but key resistance remains in place. Bitcoin (BTC) rebounded off three-month lows on Sept. 12 as traders voiced suspicion over BTC price behavior. BTC/USD 1-hour chart. Source: TradingView Bitcoin shorts feel heat as BTC price adds $1,000 Data from Cointelegraph Markets Pro and TradingView followed a snap return to levels seen after the weekly close on BTC/USD. Bitcoin had seen immediate weakness on the previous day’s Wall Street open, briefly dipping below $25,000 to cap its worst performance since mid-June. The subsequent comeback took the largest cryptocurrency $1,000 higher, but at the time of writing, $26,000 still acted as resistance. Ahead of time, on-chain monitoring resource Material Indicators warned that BTC price would soon face a “support test” thanks to bid liquidity further down the order book being removed. #FireCharts shows 2 large #BTC Buy Walls have been rugged. Support test is inbound. pic....

Crypto gaming tokens have enjoyed their fair share of ups and downs over the past few years. Owing to the sluggish market conditions lately, they have not been faring that well. According to data from CoinMarketCap, the aggregate valuation of tokens in this space has dropped by 1.6% to $7.1 billion over the past day. This was accompanied by a 5% dip in trading volume. Source: CoinMarketCap Also Read: 74% Americans ‘Stressed’ About Personal Finances: U.S. Dollar to Drop? Gaming Industry Size The broader gaming sector has seen significant growth over the years. In fact, it has also outdone the film industry’s collections in the past. A recent report from K33 research highlighted, “In 2022, the industry saw $183 billion in revenue, which is roughly 7 times more than global movie box office revenue. To put the rate of growth into perspective, the gaming industry was valued at only $8 billion in 2006 – that is a near 23x g...

FTX Owns Large Solana Holdings According to Sun, he is contemplating the offer as a way of reducing the selling impact of the holdings on the broader crypto ecosystem. advertisement Contemplating an offer for FTX's holding tokens and assets to reduce their selling impact on the crypto community. Let's unite to bolster our crypto ecosystem!🙏 — H.E. Justin Sun 孙宇晨 (@justinsuntron) September 11, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Crypto Telegram Channels List 2023 [UPDATED] Must Read Best Crypto Exchanges and Apps September 2023 Must Read ...

Lucky Block: August 25, 2022 Lucky Block is about to do it again, as it appears to be poised for an Upward trend. Trading indicators are aligning to hint on one thing and one thing only, and that is the upward movement of price. Therefore as signs of a gainful market move keeps showing up, Traders should hop on and ride that trend. Current Price of LBLOCK: $0.001948 LBLOCK’s Market Cap: $7.3 million LBLOCK’s Moving Supply: —— LBLOCK’s Entire Supply: 3.7 billion LBLOCK’s Rank on Coinmarketcap: #3346 Key Price Level: Resistance Level: $0.002000, $0.002090, $0.002150 Support Level: $0.002030, $0.001980, $0.001948 Price Deduction for LBLOCK: Lucky Block Sure to See the Upside Trading indicators used on the LBLOCK/USD four hours chart, are all aligning to foretell that Lucky Block price may increase very soon. Moving on, the Bollinger indicator here is currently contracting towards the last price candle on the chart. And, when this happe...

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market remains at a depressed level, with little movement overnight. With a total cap of $1.026 trillion, it has dropped by 0.3% in 24 hours, 4.2% in a week and by 8.5% in a month. With the Federal Reserve still indicating an aggressive rate-hiking policy in the US, it also doesn’t look like the macroeconomic picture will improve just yet. However, one way of looking towards the future is invest in newer altcoins. Such coins sell at low and discounted prices, and being less than a year old, they’ve really yet to enjoy a bull market. As such, here’s our selection of the 5 best new cryptocurrency to buy now. 5 Best New Cryptocurrency to Buy Now 1. Battle Infinity (IBAT) IBAT continues to do well following its listing on CoinGecko and CoinMarketCap. It has risen by 1.8% in 24 hours, and by 40% since it was first included on these two aggregator sites. IBAT is down by only...