The State of Michigan Retirement System holds $6.6 million in 21Shares’ ARKB ETF

Michael Saylor, the executive chairman of MicroStrategy, forecasts a substantial increase in Bitcoin’s value, projecting it to reach $13 million by the year 2045. With a current valuation of $67,800, Bitcoin’s market capitalization stands at $1.338 trillion, representing a mere 0.1% of the total world wealth. Saylor asserts that in order for Bitcoin to achieve this fundamental scenario, it would necessitate an annual rate of return of 29%, leading to

Token Unlocks forecasts a substantial increase of $2.31 billion in cryptocurrency assets within the next 30 days. This surge is expected to come mostly from prominent projects such as Solana (SOL), Avalanche (AVAX), Wormhole (W), Worldcoin (WLD), and The Sandbox (SAND). Solana is presently adhering to a linear unlock schedule, wherein 74,860 SOL tokens, worth more than $13.3 million, are being introduced into the market daily. On December 26, 2023,

The price of Ethereum (ETH) has witnessed a substantial downturn following the introduction of the Spot Ethereum ETFs, suggesting that the debut was a “sell the news” occurrence. According to an analysis, Ethereum has experienced a 10% decrease in value since trading commenced on July 23. Further losses may occur. Markus Thielen, the Head of Research at Matrixport, provided a comprehensive explanation for the decrease in the price of ETH.

Bitcoin (BTC) surpassed the overall cryptocurrency market performance, experiencing a 4.83% increase and reaching a value of $68,000. Prominent cryptocurrencies, including Solana (SOL), ether (ETH), BNB Chain (BNB), and Cardano (ADA), experienced an over-3% increase. Dogecoin (DOGE) experienced a 4% increase in value, whilst the memecoin popcat (POPCAT), which is built on the Solana blockchain, surged by over 9%. On the third day, there were more liquidations of ether products