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Crypto Fear and Greed Index is currently in the “fear” zone with a score of 30. This is the lowest sentiment measure for Bitcoin (BTC) in nearly 18 months. The Crypto Fear and Greed Index, a measure of market sentiment for Bitcoin ( BTC ) and the broader crypto market, has dropped to 30, the lowest score it has reached in over one and half years. While BTC has traded lower during the current market cycle and the Crypto Fear & Greed Index has fallen into the “fear” zone, this is the first time it has done so since January last year. Crypto Fear & Greed Index drop to 30 As Bitcoin price slipped below $60,000 on Monday, June 24, the index score nosedived more than 20 points to drop into the “fear” zone. The decline means the Bitcoin Fear & Greed Index is currently trending at levels last seen in January 2023. At the time, Bitcoin price was trading around $17,000 after the market reaction to the industry’s ...

SEC approves spot Bitcoin ETFs: A historic moment for mainstream crypto integration. Bitwise and VanEck donate 10% ETF profits to Bitcoin development: Philanthropy meets finance. Meme Moguls emerges as the world’s first meme-backed stock market, aiming for 100x growth. After the US Securities and Exchanges Commission’s (SEC) spot Bitocin approval, Bitwise, a major asset management player, has declared its intention to donate 10% of the profits from its recently approved Bitcoin ETF, BITB, to the development of Bitcoin’s open-source ecosystem. Bitwise stated that its Bitcoin ETF $BITB would begin trading on 1/112024 with a 0% fee through 7/10/24 (on the fund’s first $1B in assets; 0.20% after). Today, we are thrilled to announce that the Bitwise Bitcoin ETF $BITB intends to begin trading on 1/11 with a 0% fee through 7/10/24 (on the fund’s first $1B in assets; 0.20% after). Read the full prospectus & risk disclosures: htt...

 Key takeaways Bitcoin briefly touched the $30k level on Monday before retracing later on. Shiba Memu’s presale is now closing in on the $4 million mark. The cryptocurrency market is having a rollercoaster week so far, with Bitcoin and others experiencing mixed performances. Shiba Memu’s presale is now closing in on the $4 million mark as more investors pledge funds to the project. Bitcoin eyes the $30k mark  Bitcoin, the world’s leading cryptocurrency by market cap,  briefly touched the $30k mark on Monday following a false news report . CoinTelegraph and some crypto media outlets reported that the spot Bitcoin ETF filed by BlackRock was approved by the US SEC. The news sent Bitcoin racing past the $30k mark on Monday. However, BlackRock later came out to debunk the report, revealing that the SEC is still reviewing its Bitcoin ETF proposal.  Bitcoin has now settled around the $28k level . At press time, the ...