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“# WisdomTree launches four cryptocurrency indices in US and Europe ” On Friday, WisdomTree, a financial institution with over $76 billion in assets under management, announced it had created four cryptocurrency indices in the United States and Europe to provide diversified portfolio exposure to investors. The move comes in collaboration with Ritholtz Wealth Management, OnRamp,…
“# CRO price hits new high after Crypto.com wins Los Angeles’ Staples Center naming rights ” Crypto.com’s native cryptocurrency CRO hit an all-time high of $0.593 on Nov. 18 after the company won the naming rights to Los Angeles’s Staples Center. The cryptocurrency trading platform announced Tuesday night that it had paid $700 million to the Anschutz Entertainment…
“# Shiba Inu surges over 45% in two days to reach an all-time high ” Shiba Inu (SHIB), a spin-off to Dogecoin (DOGE) token, reached an all-time high following a price surge of more than 46% in just two days. The SHIB/USD trading pair was valued highest at $0.00003941 during press time. The latest price…
“# Wall Street jinx? Traders weight ‘sell the news’ potential after Bitcoin ETF launch ” Wall Street opened its doors for the first Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 19, with the listing of ProShares Bitcoin Strategy (BITO) on the New York Stock Exchange. The fund attracted more than $1 billion in trading volume on…
“# Fear & Greed Index suggests Bitcoin’s price is undervalued ” Recent data from the Crypto Fear & Greed Index indicates that the cryptocurrency market is experiencing a period of investor fear with a 3-month low score of 27 out of 100. By utilizing leading cryptocurrency asset Bitcoin (BTC) as the markets representative, the seasoned…
“# Ethereum eyes rally to $3K with 39% ETH price rebound triggering a classic bullish pattern ” The price of Ether (ETH) jumped to a three-week high on July 26, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector. A job…
“# Cryptocurrency’s latest use case: Music production? ” A recent collaboration between two prominent social influencers has resulted in a device that creates sounds (or music) based on cryptocurrency’s infamous price volatility. In what has been termed the collaboration of the century, Estefannie and Look Mum No Computer (Sam Battle) joined hands to bring a “cryptocurrency-measuring…
“# S&P Dow Jones Indices launches new cryptocurrency indexes ” S&P Dow Jones Indices, the leading index provider of some of the world’s largest equity benchmarks, has launched a new cryptocurrency index that tracks the performance of the broader digital asset market. The S&P Cryptocurrency Broad Digital Market Index, labelled BDM, tracks more than 240…
“# Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns ” Popular cryptocurrency trader Keith Wareing warned Bitcoin (BTC) traders about a critical bearish scenario brewing in the market. The trader spotted Bitcoin inside an inverse cup and handle pattern earlier this month, a bearish structure that forms during a price wave…
“# Elon Musk’s latest attempt to pump Dogecoin fails miserably ” Dogecoin (DOGE) prices surged but did not skyrocket after receiving another endorsement from Elon Musk on Twitter this Thursday morning. The billionaire entrepreneur published a tweet at around 0843 UTC—a Godfather meme that showed Marlon Brando’s iconic character, Don Vito Corleone, with a text…