Tags : Whats

Cryptocurrency

ETH bumps ahead of Ethereum ‘London’ upgrade. But what’s it

Ethereum touched just shy $2.4k yesterday, making a two-week high. It also closed three consecutive daily green candles against Bitcoin, taking ETHBTC to 0.066782 at the time of writing. Some analysts attribute this strength to the up-and-coming London upgrade. The Rinkeby testnet rollout is anticipated this coming Wednesday. However, the mainnet launch depends on the […]Read More

Bitcoin

Grayscale Bitcoin Trust to Convert to an ETF, Premium Remains

Earlier this Monday, Grayscale Investments announced its plans to transform Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund. Up until recently, GBTC was one of the only investment funds for institutions and retail investors alike. Amidst growing competition, however, the fund’s high management fees and stringent lock-up periods lost favor with many investors. Since February, […]Read More

Bitcoin

Technical Signals Save Bitcoin From a Brutal Dip; What’s Ahead?

Bitcoin bulls were in for a shock this Thursday as the flagship cryptocurrency “crashed” from $57,209 to as low as $50,305. Many catalysts worked behind the scenes as BTC/USD plunged to its multi-week low. Signs of a recovering job sector, rising interest rates, and nascent inflation spurred rotation from highly-valued pandemic winners — including tech […]Read More