Author: NBTC
KraneShares has introduced AGIX, an exchange-traded fund (ETF) designed to mirror the performance of companies developing and implementing AI technologies. The fund focuses on three main areas: hardware, infrastructure, and applications. The ETF has an annual operating expense of 1%. What’s so special about KraneShares’ AGIX ETF? The recent launch of KraneShares’ AI-themed ETF AGIX comes at an interesting time as prominent AI stocks like Nvidia, Broadcom, and AMD experience significant drops from their all-time highs. Despite this market dip, the demand for AI technology remains robust, suggesting a promising future for AGIX. Brandan Ahern, CIO of KraneShares, emphasized the…
BTC forms a bullish giant Cup and Handle pattern, signaling a potential bullish continuation. The C&H pattern forms after a strong rally, with a rounded bottom (the cup) followed by a smaller consolidation (the handle). Despite the bullish projection, Bitcoin faces short-term bearish conditions. Social media FUD and recent selloffs pose risks. Bitcoin has formed a giant cup and handle (C&H) pattern, as the post below suggests. This pattern is a bullish continuation signal that resembles a teacup on a chart. $BTC [3D] – Update of Cup with Handle targeting $300k+ 🧨👀 pic.twitter.com/P8DowgQeAA — Gert van Lagen (@GertvanLagen) July 1,…
The expected rally in Bitcoin and altcoins never came. While BTC was moving in a narrow range, spot Ethereum ETFs opened for trading yesterday. While market analysts generally expect a sell event in Ethereum and the price to fall, Capo of Crypto, who is known for his bearish views and is frequently criticized by investors with his bearish comments, shared his expectations for Ethereum and the altcoin market. Il Capo, who first analyzed Ethereum, argued that ETH is ready to reach the new ATH. At this point, the analyst drew attention to the ETH chart and stated that ETH was…
Binance Labs, the venture capital and incubation arm of Binance, the world’s largest cryptocurrency exchange, continues to invest in new cryptocurrency projects. At this point, Binance Labs announced the latest cryptocurrency projects selected for the 7th season of the incubation program. Which Cryptocurrency Projects were Selected? Binance Labs announced the first batch of projects accepted into the Season 7 Incubation Program on X. These projects include decentralized exchange Astherus, bridgeless aggregate liquidity network Cycle Network, sharding-based data availability network Dill, and EigenLayer’s first native DeFi protocol Eigen Explorer. “We are excited to announce the first group of projects we have…
Fidelity Investment, a financial giant boasting over $13T in assets has announced that it has added Litecoin to its digital asset offering. This is a significant milestone for both Fidelity Investment and Litecoin as it is the third token after Bitcoin and Ethereum to be available through Fidelity Crypto Litecoin (LTC) has joined crypto hulks Bitcoin and Ethereum as the only cryptocurrency currently available through Fidelity Crypto. In a recent development, Fidelity Investment, a titan in the financial real priding itself with over $12 trillion in assets under management has announced the inclusion of the token often referred to as…
Samson Mow, JAN3 CEO and a vocal Bitcoin supporter, has shared an important statement about BTC’s current value. This happened while the world’s largest cryptocurrency, Bitcoin, recaptured the $63,000 level overnight and then lost it again today. Over the past 24 hours, BTC went from $61,825 to $63,600, rising by almost 3%. As of now, Bitcoin is trading at $62,710. Samson Mow’s BTC statement CEO of Bitcoin adoption-focused company Samson Mow, who is also a Bitcoin maximalist, has taken to the X social media platform to share his take on the current value of BTC, using his own criteria. According…
Ethereum (ETH), the original “altcoin” and platform for smart contracts, has seen muted price action in the past 24 hours despite the much-anticipated launch of its exchange-traded funds (ETFs). While weekly performance has dipped into the red, ETH still holds a monthly gain of 4.66%, currently trading around $3,464. The market’s attention now turns to whether the newly approved ETFs can reignite bullish momentum and potentially push ETH back towards the $4,000 mark. Amid Ethereum’s current trajectory, analyst Carl “The Moon” took to X (formerly Twitter) to point out that ETH is forming a massive bull flag based on the…
Blackbird Labs, the restaurant loyalty platform founded by Resy and Eater co-founder Ben Leventhal, announced the launch of Blackbird Pay, a system that will allow participating restaurants to accept payment in cryptocurrency. Blackbird, backed by American Express and Andreessen Horowitz (a16z), raised more than $24 million last year amid a wider mania around Web3. The initial pitch for the platform – available in New York, San Francisco and Charleston – was to provide diners with a way to earn rewards and exclusive perks from some of their favorite restaurants. For the notoriously finicky restaurant business, the platform aimed to drive…
Michael Saylor, MicroStrategy’s executive chairman, recently reacted to a social media poll by centibillionaire Michael Dell, in which Bitcoin ended up emerging victorious. On June 28, the founder of the world-famous computer giant posted a poll in order to determine the most important thing: artificial intelligence (AI), Bitcoin, or love and relationships. The final results of the poll show Bitcoin in first place, with 43.1% of the vote. The “Love and relationships” option comes in a close second place at 39.2%. AI is in a rather distant third place, with 9.3% of the vote. Saylor has just posted a screenshot…
CCData, formerly known as CryptoCompare, is a data and analytics firm that specializes in providing comprehensive and reliable information about the cryptocurrency market. They gather, analyze, and present data on various digital assets, including prices, trading volumes, market capitalization, and historical performance. CCData offers these insights to individuals, institutions, and businesses to help them make informed decisions regarding cryptocurrency investments, trading strategies, and market analysis. Their services also include the provision of indices, data feeds, and analytics tools, which are essential for understanding market trends and dynamics in the rapidly evolving crypto space. On July 24, CCData Research published an…