Cardano Resists Market Turbulence, Anticipates Bullish Trend Post-April

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 Forecasts Record Profits for 2023 Amid Difficult Market Conditions

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 […]

Ethereum Surges Amid Speculation of US Regulatory Approval for ETFs

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 […]

Ethereum Classic Surges 34% Following Bitcoin ETF Approval

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 Claims 25% of Swiss Dealmaking Fees After Credit Suisse Acquisition

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 […]

Bitcoin Price Fluctuates Amid Confusion Over SEC’s ETF Approval

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 […]

Bitcoin ETFs Set to Trade, Ethereum Eyes $2,800 Amid Hype

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 […]

Crypto Market Reacts to Fake ETF Approval Tweet, Lido Surges 21%

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 […]

Bitcoin ETF Approval Rumors Trigger Market Frenzy, Analysts Share Insights

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 […]