Solana's price has made a recovery amidst a broader market correction, and it's essential to explore the reasons behind this resurgence. Source: en.cryptonomist.chOn January 17, Solana's token faced significant resistance around the $102 mark, leading to a notable correction of 23%, resulting in a 5

Over 80,000 Bitcoin Withdrawn from GBTC in Just 12 DaysGrayscale's Bitcoin Trust (GBTC) has seen a notable reduction in its bitcoin holdings, according to recent statistics. From Tuesday to Wednesday, GBTC's total bitcoin count dropped from 552,681.22 to 536,694.93, marking an outflow of 15,986.29 b

UBS, a prominent Swiss financial services company operating in over 50 countries, forecasts a bullish trend for gold in 2024. The firm anticipates a substantial 10% rise in gold prices compared to current market levels, a significant rebound from the price drop the metal experienced in December.The

SEC Commissioner Hester Peirce stated, “We ought not to require a higher authority to tell us that our strategy is unreasonable and arbitrary for us to succeed in getting it correct.”Source: news.bitcoin.comSEC Commissioner Hester Crypto Mom Peirce asserts that the SEC will grant spot Ether (ETH) ex

Senator Elizabeth Warren Remarks on Digital Assets Being Utilized to Circumvent Economic SanctionsU.S. Senator Elizabeth Warren has expressed concerns over the misuse of cryptocurrencies by malicious entities. Referring to a report from the U.S. Government Accountability Office (GAO), she highlighte

Michael Howell, a seasoned global finance expert and CEO of Crossborder Capital, a London-based research and investment company managing over $1 billion, recently shared insights on the current economic climate. Previously holding key positions at Baring Securities and Solomon Brothers, Howell has b

The trade volume for Bitcoin Exchange-Traded Fund (ETF) products has experienced a notable surge, reaching an impressive $11.8 billion in the past week.Source: www.cnbc.comThis represented 63% of all Bitcoin volumes on trusted exchanges, highlighting that exchange-traded product activity currently d

Senator Marco Rubio of the US Cautions Against BRICS Growth Undermining Western Sanctions' ImpactFlorida Senator Marco Rubio has raised concerns about the growing influence of BRICS, an international economic group, in the global financial system. He warns that the expansion of BRICS could create a

1. Market TrendFrom Jan. 18 to Jan. 21, the BTC price swung from $40,280.00 to $42,930.00, with a volatility of 6.5%. The prior analysis indicated that the market is on the verge of deciding its direction. A potential downward move may target $38,000, a crucial support level. Dropping below $38,000

Morgan Stanley has raised concerns about the potential decline in the U.S. dollar's global dominance, attributing this threat to the rising interest in digital assets like Bitcoin. The investment bank's recent report, “Digital (De)Dollarization?” authored by Andrew Peel, the bank’s executive directo