ETH price failed to crack the $3,400 resistance level, as spot Ethereum ETFs are seeing more outflows largely due to Grayscale.
Ki Young Ju, the CEO of blockchain analytics platform CryptoQuant, is predicting when the ongoing Bitcoin (BTC) bull market will reach its peak. Ju tells his 356,900 followers on the social media platform X that Bitcoin’s bull market could continue for another year based on BTC’s realized price for accumulation addresses. “Bitcoin bull cycle likely […]
Cardano (ADA) has witnessed a massive 300% surge in Exchange Traded Product (ETP) inflows. The unexpected influx of capital from institutional investors could set the stage for a potential uptrend ahead of the Chang hard fork. Cardano Inflows Skyrocket 300% On July 29, CoinShares, a leading firm in the crypto ETP industry, released a weekly […]
When spot BTC ETFs went live in the US back in January, it wasn’t yet clear how they would perform, but there was a sense that their launch was an occurrence that–if not exactly inevitable–had been likely to occur at some point. In the case, though, of spot ETH ETFs, which went into operation last […]
Our research looked at who was most vulnerable to cryptocurrency investment scams. One of the groups most at risk? Socioeconomically advantaged …
BlockDAG & UFC Champ Alex Pereira Knockout the Presale, Bagging $62.5M; Fantom Bounces Back, Pixelverse Staking Drops Alpha In this ever-fluctuating market, Fantom’s valuation is bouncing back from its recent downturn, beginning in mid-March, while Pixelverse introduces rewarding staking opportunities. However, BlockDAG (BDAG), boasting UFC Champion Alex Pereira as its brand ambassador and offering a […]
BlackRock has confirmed it has no plans to launch a Solana (SOL) ETF anytime soon, despite the roaring success of its Bitcoin and Ethereum spot ETFs launched this year. The company’s dismissal of small-cap altcoins leaves room for other asset managers to compete in this area, with some already filing to launch the product. BlackRock’s […]
The cryptocurrency market experienced a downturn on Tuesday, decreasing by 1.94% against the U.S. dollar, lowering the total market value to $2.38 trillion. Leading cryptocurrencies, including bitcoin, solana, binance coin, dogecoin, and cardano, faced losses. In contrast, ethereum, xrp, and toncoin achieved modest gains. Crypto Market Dips, Long Positions Lead to $134.65M in Liquidations Bitcoin […]
The investment arm of Binance has put new capital into aPriori, a startup that aims to create liquid staking solutions for the Monad blockchain. In a recent announcement, Binance Labs says the investment will assist aPriori in expanding its team and research to optimize the high-performance network for widespread adoption. According to the press release, […]
Ryan Salame will have an additional 45 days of freedom after his lawyers said there were medical complications due to a dog bite.
TL;DR Bitcoin hit $70K after Trump’s speech, but fell to below $67K due to the US government’s transfer of 30,000 BTC. Ethereum has performed relatively well compared to Bitcoin, despite ETF outflows, with a volatility premium of 8%. Attention this week will focus on key macroeconomic events, including the FOMC meeting and financial results from […]
PlanB, creator of the S2F model, believes Bitcoin could double in the next 3 to 5 months He states that miner revenue has bottomed, leading to harder mining difficulty Most of the crypto market is in the red, with BTC and ETH down 1.5% and 4.8% in the last seven days. The crypto market has […]
Senator Cynthia Lummis (R-WY) has announced plans to introduce legislation directing the U.S. government to accumulate 1 million Bitcoin, which would be worth over $68 billion at current prices. Speaking at the Bitcoin 2024 conference in Nashville, Lummis said the bill would have the U.S. Treasury purchase Bitcoin over a 5-year period as a strategic […]
Solana extended gains above $180. SOL price is now struggling to reach the $200 level and showing some signs of a downside correction. SOL price started a downside correction from the $192 zone against the US Dollar. The price is now trading below $185 and the 100-hourly simple moving average. There was a break below […]
American fintech firm PayPal's cryptocurrency PayPal USD is now available in the Philippine market through Globe-backed digital wallet and finance …
Former Goldman Sachs executive Raoul Pal is updating his macro outlook, forecasting that a weaker dollar triggers rallies for gold and risk assets. Addressing his 1 million followers on the social media platform X, the Real Vision founder says that the Nasdaq (NDX) has most likely finished correcting after bouncing off of a major support […]
A leading crypto firm is making use of the leading blockchain oracle service in an effort to increase transparency. According to a new announcement from 21Shares, the firm’s Ethereum (ETH) exchange-traded fund (ETF) is utilizing Chainlink’s (LINK) Proof-of-Reserve (POR). “Exciting news! 21Shares has integrated Chainlink Proof of Reserve (PoR) on Ethereum to increase the transparency […]
Jump into MOONHOP! Early Investors Hit the ROI Lottery, Dogecoin Wobbles, JasmyCoin Hits New Highs The meme coin universe is bursting with investment fireworks, and there’s no time to lose! Dogecoin has just rallied from a critical $0.1 support level. Despite this, predictions remain gloomy for Dogecoin. Meanwhile, JasmyCoin is flirting with an all-time high, […]
Bitcoin has lost 5.7% over the past 12 hours or so, dumping $4,000 in a fall from $70,000 to just below $66,000 during early Asian trading on Tuesday, where it found support. However, it remains within a five-month rangebound channel that formed at the end of February. Analysts have been searching for clues to explain […]
According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second public consultation to finalize the drafts, hearing the opinions of market participants in order to tailor these rules to local needs. Central Bank of Brazil […]
Bitcoin creator Satoshi’s statement made 14 years back resonates today
Bitcoin sees familiar BTC price behavior as bulls’ latest push to $70,000 lasts a matter of minutes.
In a significant legislative move, Russian lawmakers have passed a bill permitting businesses to use Bitcoin and other cryptocurrencies in international trade, according to a report by Retuers. This development is part of Russia’s strategy to circumvent Western sanctions imposed following the invasion of Ukraine. The new law, expected to take effect in September, aims […]
The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack began with an initial proposal to grant 92,000 COMP tokens, submitted without prior discussion on […]
A closely followed crypto strategist thinks that one large-cap layer-1 altcoin will outperform most digital assets this cycle. Pseudonymous analyst Inmortal tells his 214,500 followers on the social media platform X that he has his eye on Solana (SOL). “Solana is the fastest horse in this cycle. It will keep outperforming BTC and ETH. You […]
TL;DR Solana metrics appear inflated, with many non-organic transactions. Solana faces high activity from fraudulent projects and volume manipulation via bots. There is a significant discrepancy in liquidity and adoption between SOL and Ethereum. Despite the widespread enthusiasm surrounding Solana (SOL), a closer look suggests that the positive perception of the project may be overblown. […]
The approval of Bitcoin ETFs has made BTC more attractive to traditional investors, including pension funds. Michigan is now the third pension fund to invest in BTC, followed by Wisconsin and New Jersey. Bitcoin ETFs have reached a cumulative value of over US$17B According to its latest 13-F filing with the Securities and Exchange Commission […]
The Indian financial landscape is undergoing a transformation. With traditional asset classes experiencing fluctuations, many investors are …
The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities.
Bitcoin’s price finally touched the coveted $70,000 level yesterday but experienced a massive rejection that pushed it south by over four grand. The altcoins have also turned red on a daily scale, propelling a $100 billion decline in the total crypto market cap. BTC Rejected at $70K It was last Thursday when the bears seemed […]
Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter Schiff believes the Biden administration will sell every bitcoin before Trump takes office. The transfer of $2 billion […]