The world’s fourth-largest asset manager has promised to seed its upcoming Ethereum ETF with $4.7 million ahead of launch, according to a regulatory filing. “Total proceeds to the Trust from the sale of the Seed Baskets were $4,749,975.00,” read Fidelity’s S-1 registration form for its “Fidelity Ethereum Fund” filed on Friday. Fidelity Buys Its First […]
The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks.
While some major meme coins have shown a little strength in the past hours, Doge Coin remains calm as it waits for the next moves. We can anticipate more dip as its bias remains bearish on the micro level. Doge posted a substantial loss in the past weeks in continuing its bearish movement from $0.175 […]
Analyst Kevin Svenson is outlining a path forward for Bitcoin (BTC) amid the flagship cryptocurrency correcting by around 11% over the past two weeks from the June high of around $72,000. In a new video, Svenson tells his 78,400 YouTube subscribers that even though the price of Bitcoin has dipped, ending the week above the […]
TL;DR Bitcoin is facing an extended period of FUD on social media, with mostly negative sentiment. Bitcoin price remains between $65,000 and $66,000, with traders showing fatigue and accumulation by whales. Analysts suggest that prolonged consolidation could precede a significant bullish move. Bitcoin, the leading cryptocurrency, is going through a period of emotional volatility marked […]
Bitcoin has continued its recent bearish trajectory during the past day as the asset’s price has now slipped under $64,000. Here’s what the next support looks like for BTC. Bitcoin Has Strong On-Chain Support Between $61,900 & $63,800 According to data from the market intelligence platform IntoTheBlock, BTC is floating just above a critical on-chain […]
Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than bitcoin, and historical analysis. Bitwise CIO Presents Three Reasons to […]
Shiba Inu might show reversal potential at around these levels
A HOMEOWNER said he would have to sell his property after losing nearly $500000 when he put money into a cryptocurrency site.
The Washington DC-based blockchain advocacy group argued the IRS’ broker rule provisions violate the Paperwork Reduction Act.
Canadian asset manager 3iQ announced that it has filed a prospectus with the Ontario Securities Commission (OSC) to launch an exchange-traded product (ETP) on the Toronto Stock Exchange (TSX). If approved, the fund will be the first publicly traded Solana ETP in North America. 3iQ Files Prospectus for Solana Fund (QSOL) In a June 20 […]
The widely followed cryptocurrency trader and analyst Michaël van de Poppe is expressing bullish sentiment on a leading blockchain oracle while outlining the potential path forward for Bitcoin (BTC) and Ethereum (ETH). Van de Poppe tells his 722,000 followers on the social media platform X that the price action of Chainlink (LINK) when paired against […]
ORDI is up today following a three-day bounce off a monthly low. It looks poise for an increase but buying volume appears low. Despite that, it is leading the market’s top gainers chart with a 4% gain since yesterday. In the latest meltdown, Ordi lost almost 50% of its value in ten days but later […]
According to the latest insight from a CryptoQuant analyst, Bitcoin might be poised for a notable price correction. This possibility of a price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR), signaling a notable implication for Bitcoin’s trajectory. Understanding ASOPR’s Role In Predicting BTC Corrections The ASOPR, […]
Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers.
TL;DR Osmosis DAO is on the verge of approving a ‘fee-free’ Bitcoin bridge to enhance liquidity within the Cosmos ecosystem. The proposal has strong backing with 91.7% community votes in favor, aiming to eliminate Bitcoin bridge fees through Nomic. Nomic would receive a percentage of nBTC taker fees as compensation, promoting nBTC usage and facilitating […]
The Tennessee Department of Commerce & Insurance (TDCI) Division of Securities is raising awareness about the potential risks of investing in unregulated products like cryptocurrency, particularly among seniors. TDCI Commissioner Carter Lawrence emphasized the importance of protecting the financial independence of Tennessee’s elder population and encouraged seniors, their loved ones, or caregivers to contact the […]
Ripple CTO David Schwartz addresses growing concerns over Tether’s impact on Bitcoin and US financial market
An amended Form S-1 filed on June 18 for the Bitwise Ethereum ETF said that Pantera “through one or more of its affiliated investment funds, has …
Blockchain data analysis firm Breadcrumbs says that traditional finance donations to Donald Trump’s 2024 Presidential campaign far outpace his crypto donations. The firm’s analysis of on-chain crypto donations made to Donald Trump’s re-election bid as of June 17, 2024, reveals the campaign has received $59,386 worth of funds. “Meanwhile, Trump’s campaign has received approximately $244 […]
The 24-hour trading volume of Tether (USDT) reached $53 billion on the TRON network, surpassing payment giant Visa’s average daily trading volume of $42 billion for Q1, 2024. This comparison is particularly important given Visa’s stature as one of the world’s largest payment processors, managing billions of transactions across more than 200 countries and regions. […]
With their unheard-of growth and broad adoption, Uniswap, Angry Pepe Fork, and Toncoin are rising to the top of the list of best altcoins. In the meantime, investors have been enthralled with the distinctive and community-driven project Angry Pepe Fork because of its creative strategy and incorporation of meme culture. Let us find out why […]
Shiba Inu whales are on the move again, sparking speculations on what they expect from the meme coin. One whale, in particular, has caught the attention of the SHIB community following a massive withdrawal from the popular crypto and stock trading exchange Robinhood. Whale Pulls Out Almost $40 Million From Robinhood The Shiba Inu whale […]
Ether ETFs are expected to launch in the first week of July, according to analysts.
Howard Lutnick, CEO of financial services company Cantor Fitzgerald, highlighted the value of stablecoins in the fight to maintain the hegemony of the U.S. dollar. Lutnick stated that fully redeemable stablecoins allowed citizens in emerging markets to use their digital dollars for commerce, stabilizing the demand and relevance of the currency. Cantor Fitzgerald CEO: The […]
Shiba Inu insider and top-ranking member of its team hints that SHIB price might see breakout soon
… cryptocurrency mining venture. The property is located across from the Habersham County Airport Terminal in the industrial park. The 14.46 acre …
US federal commodities regulators are reportedly probing Chicago-based trading firm Jump’s crypto business. Citing a person familiar with the matter, Fortune reports that the Commodity Futures Trading Commission (CFTC) is making inquiries into the trading and investment activities of Jump. The company known for its algorithmic and high-frequency trading strategies launched its crypto division, Jump […]
If you have or have thought about having cryptocurrencies, you surely know that in this world security is the most important thing. Where to keep your digital assets safe should be, without a doubt, the first thing you should consider to ensure that you and only you will have access to them. Therefore, in this […]
TL;DR Tether on Tron reaches $53 billion in daily volume Exceeds Visa’s daily average of $42 billion Indicates growing adoption of cryptocurrencies in transactions Tether (USDT) on the Tron network has surpassed Visa, the global payments giant, in daily trading volume. According to data from Lookonchain, USDT trading volume on the Tron network reached an […]
[PRESS RELEASE – Miami, FL, June 21st, 2024] Beyond market trends, FLOKI has emerged as a significant entity in the meme coin sector. Its success is driven by practical applications, a robust presence, and a dedicated community. A key factor behind FLOKI’s prominence is its strong community support. Notable mentions include a tweet from Elon […]
Competition for blockspace is and always will be one of the core tensions that exist between different users of the Bitcoin protocol. At the end of the day there are only two restrictions on how it will be used, the technical and consensus layer of what is actually possible or allowed by the protocol, and […]