Ethereum (ETH) has shown unexpected resilience in its staking rate, surpassing 24% of the total supply, according to CryptoQuant founder and CEO Ki Young Ju. This comes despite initial expectations of a significant decrease in the staking rate after the implementation of the Shapella hard fork. Ethereum’s Shapella hard fork was activated in April 2023, […]
TL;DR Shiba Inu experienced a substantial increase in its token burn rate, but its price continues to decline. Shibarium saw a rise in daily transactions, signaling growth in the meme coin’s ecosystem. Burn Rate Goes Through the Roof The popular meme coin – Shiba Inu – witnessed a burn rate increase of nearly 3,000% in the past […]
The head of digital assets research at investing giant VanEck Matthew Sigel is expressing bullish sentiment on Bitcoin (BTC). In an appearance on the Unchained podcast, Sigel says that Bitcoin could soar above the all-time high of around $69,044 this year. “So this year looks like a solid year. We think Bitcoin will make an […]
In a court hearing scheduled for Wednesday, Coinbase, is set to argue that the US Securities and Exchange Commission (SEC) should drop its case against the platform. Coinbase contends that the tokens traded on its platform are not comparable to securities, and therefore, the SEC’s regulatory overreach should be dismissed. Allegations and Arguments: Lawsuit Targets […]
Jamie Dimon, CEO of JPMorgan, continues his stance against Bitcoin, linking it to illicit activities. Bitcoin’s value dropped below the significant threshold of USD $43,000, currently trading at USD $42,632. Experienced traders advise focusing beyond short-term market fluctuations, maintaining a bullish outlook for Bitcoin and the broader crypto market. “Please Stop Talking About this Sh*t” […]
Ran Neuner made predictions for three top altcoins, highlighting Bittensor (TAO) as a promising investment despite its recent 15% drop, with potential to reach up to USD $385. He also views Render (RNDR) positively, citing the upcoming release of Apple’s VR headset in the US as a bullish factor that could increase Render’s network adoption […]
News of the SEC’s approval of ETFs has been a major talking point in the crypto industry lately. Cryptocurrencies like Bitcoin (BTC) and Cardano (ADA) could benefit massively from this new development. But what makes Pushd (PUSHD) a potentially better investment than these coins? Let’s find out. Bitcoin (BTC) – Anticipating significant progress With Bitcoin […]
Ethereum whale just shook crypto world by amassing 606.36 billion Shiba Inu tokens in whirlwind 24-hour buying spree
Edmonton man and his cryptocurrency company sanctioned for breaching Alberta securities laws · Devon Christopher Edwards and KB Crypto Inc. ordered to …
Data shows the Bitcoin NVT Golden Cross indicator has recently dipped inside the undervalued zone, a sign that could be bullish for the price. Bitcoin NVT Golden Cross Has Entered The Bullish Territory An analyst in a CryptoQuant Quicktake post explained that the NVT Golden Cross has recently indicated upside potential. The “Network Value to […]
Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC as a mainstream investment vehicle. As reported by The Block, Bitcoin’s ascent to becoming the second-largest […]
A widely followed crypto analyst and trader is bullish on a top-100 altcoin by market cap. The analyst pseudonymously known as Altcoin Sherpa tells his 205,600 followers on the X social media platform that he feels “very strongly” that the native token of the non-fungible token (NFT) marketplace and aggregator platform Blur (BLUR) will exceed […]
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Ethereum (ETH) competitor Solana (SOL). The analyst pseudonymously known as Bluntz tells his 237,000 followers on the social media platform X that Solana might soar more than 39% from its current value. “I think SOL might be gearing up for a leg up […]
Confidence in the Grayscale Bitcoin Trust (GBTC) is on the decline; in recent days, it has experienced significant fund outflows, totaling $1.18 billion, according to recent reports. The current week has witnessed a notable acceleration in this trend, with a fund withdrawal of $424 million, as reported by James Butterfill, an analyst at CoinShares. The […]
The Bitcoin hashrate has experienced a 25% drop since the weekend, raising concerns about the security of the network just ahead of the highly anticipated “halving” event. Data sourced from BTC.com reveals a decline in global hashrate estimates from approximately 600 EH/s on Friday to 450 EH/s by Tuesday. Texas Cold Weather Affects Bitcoin Hashrate […]
The asset management firm VanEck will close and liquidate its Bitcoin strategy exchange-traded fund, which tracks the performance of Bitcoin futures, following the approval and listing of much-anticipated spot Bitcoin ETFs. No Place for Futures Bitcoin ETFs Announced yesterday (Wednesday), the Bitcoin futures-based ETF will continue to list on the Cboe BZX Exchange until 30 […]
A recent transaction by an XRP whale is currently threatening XRP’s price recovery. This particular address is known to have moved all their XRP holdings worth millions of dollars, a move that the XRP community fears could cause a downturn in the token’s price. Whale Moves Over 443 Million XRP Data from blockchain tracker Whale […]
Bitcoin’s price hovers below pre-ETF levels despite historic approval. Peter Schiff blames large Grayscale Bitcoin Trust outflows for muted performance. GBTC has seen over USD $1 billion in outflows throughout the first few days of ETF trading. However, an average of USD $150 million worth of Bitcoin ETF shares are being purchased daily, unrelated to […]
Flare experienced large price surge in last 24 hours
Cryptocurrency trading remains widespread in China despite a ban … Small investors in China are using an underground network of brokers and go- …
The CEO of US-based crypto exchange Kraken says the introduction of spot Bitcoin (BTC) exchange-traded funds (ETFs) will have a bullish impact on the crypto industry. Last week, the U.S. Securities and Exchange Commission (SEC) greenlighted BlackRock, Fidelity, Grayscale, VanEck, Bitwise, Franklin, Valkyrie, Hashdex, Ark Invest, WisdomTree and Invesco Galaxy to offer spot Bitcoin ETFs. […]
Solana (SOL) Labs is kicking off pre-orders for the new version of its crypto-focused smartphone weeks after the first edition sold out in a frenzy. Solana Mobile is offering customers a “Founder Window” to deposit $450 for the upcoming “Chapter 2” phone, which the project says is expected to ship in the first half of […]
Socket, a protocol in the decentralized finance (DeFi) space, recently encountered a security incident that led to a loss of approximately $3.3 million. The vulnerability stemmed from a call injection attack on the Socket protocol, specifically impacting wallets with infinite approvals to Socket contracts. As a response, all affected contracts have been swiftly PAUSED to […]
In an interview with Bloomberg, Rachel Aguirre, the head of product at BlackRock U.S. iShares, revealed that the firm’s spot Bitcoin ETF (IBIT) has witnessed a surge in inflows, predominantly coming from retail investors and newcomers to the cryptocurrency space. This revelation follows the impressive performance of IBIT, which has maintained its lead in total […]
The recently launched US Bitcoin exchange-traded funds (ETFs) have captured the attention of investors, drawing an impressive $1.9 billion in just the first three days of trading. According to a report by Reuters citing data from issuers and analysts, this surge, led by industry giants BlackRock and Fidelity, has sparked a significant shift in the […]
In a significant milestone for Core Scientific, Inc., the leading data center and software solutions company for blockchain computing has obtained bankruptcy court approval for its reorganization plan, paving the way for it to emerge from bankruptcy and return to be listed on Nasdaq at the end of January 2024. This achievement follows an oversubscribed […]
Ethereum price struggled to extend gains above $2,600 and $2,620. ETH trimmed gains and might struggle to stay above the $2,500 support zone. Ethereum attempted a fresh increase but failed to surpass $2,620. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]
U.S. Securities and Exchange Commission (SEC) official Hester Peirce sees the delayed approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) as “squandered time.” In a new interview with Natalie Brunell, Peirce, one of the SEC’s five appointed commissioners, says the regulator should reflect on what she argues were errors in the approval process. “This […]
By Mr. Roshan Aslam · Impact of Approval of Bitcoin ETFs · Adoption of Cryptocurrency and the upcoming Halving of Bitcoin Halving in 2024 · Ordinals and …
New meme coin Dogwifhat (WIF) skyrockets 150% on its appeal of being a dog… wearing a hat. BitMEX listing fuels hype, reminiscent of Solana’s BONK meme coin boom. However, Bonk’s past month should be a lesson to trigger-happy investors – meme coins go up and down at a moment’s notice. Contrary to popular belief, the […]
Solana’s price continued to fall by the day and has lost roughly 10% of its valuation in the last three weeks. It recently recovered from the monthly low but has found it difficult to push above a critical resistance. Since the price touched the $126.3 level in late December, Sol has been on the fall […]