Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has shown remarkable resilience amidst recent market turbulence, with a 6% price surge hinting at potential future gains. Market analysts have observed similarities in Cardano’s recent price patterns to those from 2018-2020, suggesting a period of consolidation until April, followed by a possible bullish trend.An unusual resemblance […]
Swissquote, the largest online bank in Switzerland, has announced a record-breaking year for 2023, despite the results not being expected until March. The bank, based in Gland VD, has had a very successful year, according to a statement released on Thursday.Swissquote expects a pre-tax profit of at least 255 million Swiss francs, with a net […]
Investors have shown a renewed interest in alternative cryptocurrencies, with a particular focus on the potential approval of an ethereum exchange-traded fund in the United States. This shift in attention comes as speculation grows around the timing of the regulatory approval.Ethereum, the world’s second-largest token, has seen a significant increase in value, jumping more than […]
In a significant development in the cryptocurrency market, Ethereum Classic (CRYPTO: ETC) has seen a remarkable 34% surge over the past 24 hours. This increase has outshone the performance of leading cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).The surge has positioned Ethereum Classic as the top performer among the 100 leading cryptocurrencies […]
UBS, a leading Swiss bank, has achieved a record-breaking market share in its home country following the acquisition of its main competitor, Credit Suisse. This strategic move has resulted in UBS securing a significant 25% of the dealmaking fee pool in Switzerland last year, a feat that is unprecedented in the industry.UBS’s takeover of Credit […]
Pharmaceutical giants Eli Lilly and Novo Nordisk have seen their value more than triple in less than three years. Their combined corporate value, which consists of market capitalization plus net debt, was around $360 billion at the height of the COVID-19 pandemic in February 2021. It has since grown to a trillion dollars.The rapid rise […]
The price of Bitcoin experienced significant fluctuations in the past hour due to ongoing confusion regarding the approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC).Earlier, the SEC posted an order on its official website stating that proposals for a spot Bitcoin ETF had been approved. However, this link was […]
The United States Securities & Exchange Commission (SEC) is set to reach a hard deadline for spot Bitcoin exchange-traded funds (ETFs) on Wednesday. In anticipation, the Chicago Board Options Exchange (CBOE) has announced that Bitcoin spot ETFs will commence trading as a new issue on Thursday, January 11.Meanwhile, Ethereum (ETH), a top performer among the […]
A recent market surge, triggered by a false tweet, led to a sharp 21 percent increase in Lido. However, Bitcoin and other altcoins experienced a significant drop after the SEC chair dismissed rumors of ETF approval.The US Securities and Exchange Commission’s compromised Twitter account had previously tweeted that the spot Bitcoin Exchange-Traded Fund (ETF) applications […]
The Bitcoin market recently experienced a whirlwind of activity following a false claim of the approval of 11 spot ETFs, allegedly hacked from the US Securities and Exchange Commission’s (SEC) X account. This misinformation led to a significant fluctuation in Bitcoin’s price, which initially soared from $46,800 to $48,000, only to crash to $45,000 within […]
