Day: January 10, 2025

Spot Bitcoin ETF Approval Was The Most Important Moment In 2024

admin

Follow Nikolaus On 𝕏 Here For Daily Posts One year ago today, Gary Gensler and the Securities and Exchange Commission (SEC) finally capitulated and approved the trading of spot bitcoin exchange traded funds (ETF) to go live the next day. These ETFs would go on to be the best performing ETFs in history, with BlackRock’s ETF $IBIT leading the charge, taking in over $52 billion inflows alone. I feel like a lot of people are afraid to admit this, or just don’t want to, but the ETFs were the most…

CGPT token soars 90% on Binance listing as AI agents trend upward

admin

Key Takeaways CGPT token surged 90% after its Binance listing, raising its market cap to $335 million. The AI agent sector has doubled its market value to exceed $14 billion since late November 2024. Share this article ChainGPT’s CGPT token surged 90% after Binance listed it for spot trading, alongside aixbt by Virtuals (AIXBT) and Cookie DAO (COOKIE), according to CoinGecko data. The price rally comes amid growing interest in AI agents and projects that incorporate these elements. ChainGPT launched in April 2023, focusing on solutions for the blockchain and…

CryptoQuant analyst signals Bitcoin’s dip as a prime accumulation opportunity

admin

Key Takeaways Short-term Bitcoin investors are selling at a loss, creating potential accumulation opportunities. Indicators like MVRV and NUPL suggest that the Bitcoin market remains in an upward trend. Share this article Bitcoin’s decline has created a prime opportunity for accumulation, according to CryptoQuant analyst Mac_D. The token has shown no signs of strength following its sell-off from weekly highs of $103,000 on Monday, but long-term metrics suggest the market’s upward trend remains intact. Analyst MAC_D reported on Thursday that the current bearish sentiment aligns with a dip in Bitcoin’s…