Tag Archives: VirtualBacon

Analyst Says It’s Time For Bitcoin, But What’s Important About $58,000?

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A crypto analyst has pinpointed critical price levels from past cycles on the Bitcoin chart that could determine the cryptocurrency’s next moves in this cycle. He has highlighted Bitcoin’s former all-time high target of $65,000 and a distinct 200-week Simple Moving Average (SMA) at $58,000 as key levels to watch.  Bitcoin’s 200W SMA Highlighted As… Continue reading Analyst Says It’s Time For Bitcoin, But What’s Important About $58,000?→

BlackRock Staking For Its Spot Ethereum ETF Has Been Acknowledged — But What’s Coming For ETH?

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The US Securities and Exchange Commission (SEC) has acknowledged a Nasdaq filing proposing an amendment to BlackRock iShares Ethereum Trust (ETHA). This proposal seeks to enable the ETF to stake its Ethereum holdings, allowing it to participate in the ETH proof-of-stake consensus mechanism and potentially earn staking rewards. What Happens When Institutional Staking Goes Mainstream?… Continue reading BlackRock Staking For Its Spot Ethereum ETF Has Been Acknowledged — But What’s Coming For ETH?→