Texas Executes First State-Backed Bitcoin Allocation Through BlackRock ETF
Texas advanced its digital asset plans on Nov. 20 after executing a $5 million purchase of BlackRock’s spot Bitcoin ETF. The transaction marked the first confirmed step toward the state’s long-term strategy to hold Bitcoin within a public treasury fund. The Texas Blockchain Council highlighted the move on X, noting that another $5 million remains […]
Pi Network’s (PI) Price Jumps 6% on Buzz of a Big Upcoming Upgrade: Details Here
The native token of the controversial (yet very popular) crypto project Pi Network continued its solid performance over the past week by recording fresh gains in the last 24 hours. The primary catalyst of the most recent surge seems to be a rumor of a significant update scheduled for November 28. PI in Green Territory […]
Bitcoin eyes rebound to $96K from current ‘discount’ zone: Analysis
A Bitcoin bull flag on the price charts projected a rebound to $96,000 as the Puell Multiple indicator suggested that BTC is undervalued at current prices.
SEI Gains Momentum: Could $0.25 Target Spark Major Market Surge?
Sei (SEI) is showing renewed momentum after recently testing the lower boundary of its trading channel. Market watchers are keeping a close eye on the token, as technical signals suggest it could rebound in the near term. Analysts are now waiting to see whether the token could rally back up to the $0.25 range. At
Dogecoin ETF Launches With $1.4 Million as Market Watches Altcoin Demand
Dogecoin (DOGE) has now officially joined the U.S. ETF scene with the listing of the spot Dogecoin fund, GDOG, offered through Grayscale. The ETF traded $1.4 million on its first day, which Bloomberg analyst Eric Balchunas described as a respectable amount. However, it still falls far short of the excitement seen when spot Bitcoin ETFs
XRP ETFs Outshine BTC, ETH, And SOL Funds With $164M Single-Day Inflows
Spot XRP Exchange-Traded Funds (ETFs) started the week surpassing most crypto-based investment products after the record debut performance of Grayscale and Franklin Templeton’s funds. GXRP, XRPZ See Record Debut This week, the second batch of spot XRP ETFs went live, debuting with a record-breaking performance. Notably, Grayscale and Franklin Templeton launched their XRP-based investment products, […]
Monad (MON) Price Skyrockets 80%, Emerges As Best Performer Among Top 100 Cryptos
The Layer 1 blockchain Monad (MON) successfully went live on Monday, igniting a significant surge in its native token. Within 24 hours of its launch, MON emerged as the best-performing asset among the top 100 cryptocurrencies by market capitalization. MON Token Hits $0.045 All-Time High Last week, Monad’s token sale kicked off on Coinbase’s new […]
BTC Price at Crossroads: $93K Breakout or Crash to $75K?
Bitcoin is trading near $87,000 at press time, showing a small drop over the past 24 hours and a 4% decline in the past week (CoinGecko). After filling the $88,600 Fair Value Gap (FVG), the asset has pulled back and is now sitting just below that key level. Analysts are watching $85,000 and $88,000, as […]
Spain’s left-wing party proposes 47% crypto tax in ‘attack against Bitcoin’
Spain’s Sumar party wants to raise crypto taxes to 47%, classify all digital assets as seizable and introduce a “risk traffic light” system.
Spain Considers Shift of Crypto Income to General Tax Base as Lawmakers Target Tighter Controls
Spain is reviewing tougher crypto tax measures after the Sumar Parliamentary Group filed new amendments this month. The proposals seek higher tax rates on Bitcoin, Ethereum, and other digital assets. They also aim to change how the country assesses risk on crypto platforms. The package introduces broad shifts that may affect traders, corporations, and long-term […]
Bitcoin price bottom due ‘this week’ with BTC down 20% in November
Bitcoin losses remained near 20% for November, risking its worst eleventh month of the year since the 2018 bear market, but AI predicted the bottom coming this week.
XRP ETF Inflows Hit $164 Million as Market Dominance Rises and Drives Momentum
XRP is gaining attention because of the rise in the number of ETFs available in the market and its dominance. Increasing demand and reducing supply could create an opportunity for price escalation. Analysts reveal that the reason behind this could be indicative of a large spike in the cryptocurrency. XRP Gains From ETF Adoption Crypto