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blockchain cryptocurrency crypto btc rising rally 50K (SpotedCrypto)

BTC breaks 50K, analysts see rally continuing.

Leon Waidmann, an analyst at BTC-ECHO, a cryptocurrency-focused media outlet, tweeted from his X (formerly Twitter) account, "According to Glassnode's on-chain data, stablecoin supply has been growing rapidly lately. The crypto rally is here to stay," he said. "The increase in stablecoin supply indicates an

blockchain cryptocurrency crypto btc index greed fear (SpotedCrypto)

Crypto 'Fear-Greed Index' shifts to 79 extreme greed... most 'greedy' since November 2021

Crypto data provider Alternative's self-assessed 'Fear-Greed Index' rose nine points from the previous day to 79. The improvement in sentiment moved the index from the greedy stage to the extreme greed stage. This is the first time the index has shown extreme greed in about a

blockchain crypto cryptocurrency btc arthur hayes opinion (SpotedCrypto)

Arthur Hayes "Reverses Short-Term BTC Bearish View, Sees $70,000 After Yearly Highs"

Arthur Hayes, co-founder of global cryptocurrency exchange BitMEX, recently told crypto-related YouTube channel Crypto Banter, "I was wrong about my earlier view that the price of bitcoin could experience short-term weakness," according to the Daily Hoarder. I don't expect a major correction in the near term,

blockchain crypto cryptocurrency btc etf volume 1b (SpotedCrypto)

In its fourth week of listing, bitcoin spot ETF trading volume tops $1 billion and remains bullish.

"Trading volume across all bitcoin spot ETFs topped $1 billion on Feb. 7 (local time), with BlackRock's BTC spot ETF, IBIT, topping the list with $3.4 billion," Bloomberg analyst James Seifat reported via X. "The ETFs were followed by Grayscale GBTC ($200 million), Deloitte

blockchain cryptocurrency crypto bitcoin btc etf (SpotedCrypto)

Bitcoin Spot ETF Custodian BTC Holdings Set to Overtake MSTR, GBTC's BTC Holdings Continue to Decline

As crypto influencer Fred Krueger reported on X (formerly Twitter), "Tomorrow, the amount of BTC held by the nine BTC spot ETF custodians (18.7 million BTC) is expected to surpass MicroStrategy (190,000 BTC). BTC spot ETFs are taking over the global marketplace, outpacing other asset classes."

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MagicEden launches NFT Creator Alliance with Yuga Labs, Fuzzy Penguin and other partners

NFT marketplace MagicEden announced on its official X (formerly Twitter) account that it has launched the Creator Alliance, a coalition of NFT projects to empower NFT creators and grow the ecosystem. "We believe that creators are the lifeblood of the Web 3.0 ecosystem," the company said. The

blockchain crypto cryptocurrency thaillnd tax free (SpotedCrypto)

Thai government removes VAT on cryptocurrency transactions

The Thai government has announced that it will remove the 7% value-added tax (VAT) on cryptocurrency transactions, according to BeInCrypto. The move recognizes digital assets as a new means of financing. The exemption will take effect on January 1, 2024, and will apply to cryptocurrency exchanges, brokers, and dealers supervised