Global #Bitcoin

Phantom, a well-known crypto wallet for the Solana ecosystem, is making a move towards a future that supports multiple blockchains. In a recent announcement, Phantom revealed it's adding support for Bitcoin (BTC), alongside a unique NFT minting event on the Bitcoin blockchain itself.

In a surprising turn of events, memecoins are defying the overall crypto market slump and experiencing a surge in value. Over the past 24 hours, several memecoins have witnessed double-digit growth, breaking away from a week-long downtrend.

Fears of a major Bitcoin price drop due to the upcoming Mt. Gox exchange repayment plan might be overblown, according to a recent report by Galaxy Digital. The cryptocurrency investment firm believes the market is anticipating a much larger sell-off than what is likely to occur.

Bitcoin bulls may be in for some good news. Analysts are pointing to a technical indicator that has historically preceded significant price increases for the world's leading cryptocurrency.

While headlines blare about the successful launch of several Bitcoin ETFs in 2024, a deeper look reveals a potential hitch. A recent Blockworks article argues that Wall Street, while comfortable with Bitcoin itself, might be underprepared for the complexities of managing crypto ETFs.

Bitcoin (BTC), the world's leading cryptocurrency, has recently experienced a significant drop in price, reaching its lowest point in a month. This has led many investors and traders to question the future of Bitcoin and seek potential support levels to anticipate a possible rebound.