Bernstein sets $6,600 price target for Ethereum
Hong Kong is considering allowing staking for exchange-traded funds (ETFs) investing directly in Ether. The Securities and Futures Commission (SFC) of Hong Kong is engaging the city’s cryptocurrency ETF issuers about providing staking services via licensed platforms, The Business Times reported. Passive Crypto Income This potential regulatory change could open a new source of passive […]
Bitcoin has dropped from its weekly high of $71,980, recorded on May 21, to as low as $67,000, raising concerns amongst crypto investors. However, crypto analyst Jelle has suggested that there is no need to be worried about the flagship crypto’s price action. Why Investors Shouldn’t Be Worried About The Bitcoin Price Jelle noted in […]
Bitcoin could be preparing its “main breakout” if RSI traits follow the run-up to old $20,000 highs from late 2017.
TL;DR Crypto Options Bracing for Double Expiry: The crypto market faces two key options expiry dates this week. Today (May 24th) sees nearly $3 billion in Bitcoin and Ether options expire, offering a glimpse into investor sentiment. Bitcoin Options: A Balancing Act with a Bullish Lean: Today’s Bitcoin options expiry reveals a relatively balanced market with a […]
TL;DR Vitalik Buterin highlighted the importance of privacy tools in the crypto industry and criticized the conviction of Tornado Cash developer Alexey Pertsev. Pertsev was sentenced to 64 months in prison by a Dutch court for alleged money laundering. Buterin called on governments to recognize the value of tools like Railgun and Oxbow in protecting […]
Inflows into Bitcoin ETFs surged by over US$300m in one day this week. BlackRock’s IBIT ETF saw the most gains, adding US$290m in Bitcoin, to challenge Greyscale’s Bitcoin Trust as the world’s largest Bitcoin ETF. While all eyes have been on Ethereum’s price rise driven by imminent regulatory approval of ETH ETFs, investor funds have […]
Stepn Go integrates social features and an interactive map to boost community engagement and user experience. The game incorporates the Go Gaming Token and a Haus System for NFT owners to lend digital sneakers and share rewards. With partnerships and blockchain expansions, Stepn Go aims for broader adoption by linking physical activity with crypto rewards. […]
PRESS RELEASE. JayX, a leader in blockchain innovation, is thrilled to announce the LK Trading Contest, a novel event designed to engage traders of all levels with its unique dual prize structure. Running from May 20, 2024, 10:00 UTC to June 20, 2024, 9:59 UTC, this competition celebrates both high performers and those who face […]
The Oslo Freedom Forum (OFF) is set to return to the Norwegian capital June 3-5 for its 16th installment since 2009. The conference series, hosted by the New York-based non-profit Human Rights Foundation (HRF), will bring together humanitarians, artists, tech entrepreneurs, and world leaders to highlight the state of global human rights and spark conversations […]
The Supreme Court of the United States is ruling against crypto exchange Coinbase in the Dogecoin (DOGE) sweepstakes dispute. According to new legal documents obtained by Cornell Law, the Supreme Court unanimously ruled that the conflict between Coinbase’s sweepstakes contract and user agreement must be determined through the court system. As stated by Justice Ketanji […]
Public Key Episode 112: How Cryptocurrency Helped Convict a NYC Based Terrorist. “In a way, if you were a juror on this case, you got educated on …
[PRESS RELEASE – New York City, New York, May 24th, 2024] PlayFi, an AI-powered data network and blockchain tailored for the gaming industry, today announced its plan to conduct an exclusive node license presale on Polygon PoS Network. This sale deployment on the Polygon network marks PlayFi’s entrance into the market, showcasing its commitment to integrating […]
BlockDAG Dashboard Reveals Major Crypto Whales’ Acquisitions, ICP Sees a 10% Price Decline While Shiba Inu Steps Up Burn Strategy The world of cryptocurrency is experiencing pivotal changes, with the Internet Computer Protocol (ICP) and Shiba Inu (SHIB) both making significant progress. ICP’s recent roadmap update has led to a price decrease, yet it promises […]
Can end of week become bullish for Solana (SOL)?
Ethereum (ETH) price is soaring ahead of the Securities and Exchange Commission (SEC) decision regarding the Spot ETH ETF (exchange-traded fund). Investors’ and market watchers’ optimism has increased as the ‘King of altcoins’ surpasses the $3,900 mark. Some analysts believe this bullish momentum could soon propel ETH’s price above all established price targets. Ethereum Soars […]
The CEO of the Fantom Foundation has unveiled the Sonic Foundation, which will oversee the creation and launch of Fantom’s new Sonic Chain.
At the recent MicroStrategy World: Bitcoin for Corporations conference, Alex Thorn, Head of Research at Galaxy Digital, provided valuable insights into the evolving landscape of Bitcoin adoption by Wall Street and corporations. In an interview with Bitcoin Magazine, Thorn explored how Wall Street has begun to embrace Bitcoin, the dual nature of Bitcoin’s role as […]
The U.S. Securities and Exchange Commission appears ready to pass eight spot Ethereum ETFs after expectations on their approval flipped overnight. The agency just approved form 19b-4 filings from BlackRock, Fidelity, VanEck, Grayscale, Bitwise, Ark, Franklin Templeton and Invesco Galaxy simultaneously. Although the products have nearly obtained the full go-ahead, the SEC must approve the […]
A top crypto trader thinks one Ethereum (ETH)-based decentralized finance (DeFi) token is an “obvious play” amid recent ETH developments. The pseudonymous analyst known as the Flow Horse tells his 216,500 followers on the social media platform X that the governance token of Ethena (ENA) looks promising. “Looking to go for round 2 of a […]
TL;DR Grayscale Investments launches the Near Trust and Stacks Trust funds to provide investors access to specific parts of the crypto ecosystem. The new funds aim to address the demand for diversified exposure and are designed to provide exclusive access to NEAR and STX tokens. The funds are available for daily subscription for both individual […]
Metaplanet Inc., inspired by MicroStrategy, has aggressively accumulated Bitcoin, boosting its share price by 388% this year. Listed on the Tokyo Stock Exchange, Metaplanet’s trading was halted due to exceeding TSE’s daily price limits. The company, now a top performer in Japan, views Bitcoin as a hedge against Japan’s high debt-to-GDP ratio. While MicroStrategy (MSTR) […]
Brian Kelly, founder and CEO of BKCM, a digital currency investment firm, stated that while he is still unsure about the imminent approval of a spot ether EFT, he trusts that it will be approved “at some point in time.” In an interview on CNBC, Kelly specified that solana (SOL) might be the next asset […]
Cryptocurrency. Ethereum ETF Approval: What Bitcoin's History Teaches Us. May 23, 2024 6:30 PM ETEthereum USD (ETH-USD) Crypto2 Comments. Growth …
Crypto trader and analyst Unipcs (Bonk Guy) has reiterated his bullish prediction for Dogwifhat (WIF). He made this statement while revealing the sums lost by short traders thanks to their bearish sentiment around the meme coin. Dogwifhat Headed To $10 Unipcs mentioned in an X (formerly Twitter) post that Dogwifhat is “headed to $10” and […]
President Joe Biden has ten days, excluding Sundays, to decide whether he wants to follow through on his threat to veto H.J.Res.109.
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum just had one of its best weeks after its price exploded by almost 30%. It came on the news that an ETF approval was imminent, which was confirmed a few days later. Now, the price is consolidating […]
WisdomTree’s cryptocurrency ETPs will be able to start trading on London Stock Exchange
A Wells Fargo customer in California just filed a proposed class-action lawsuit accusing the bank of draining customers’ accounts in blatant violation of consumer protection laws. The plaintiff, piano teacher Helen Palma, alleges Wells Fargo unlawfully seized funds from her bank account after she fell behind on credit card payments, reports ClassAction.org. According to the filing, […]
BlockDAG Dominates With $31.4M Presale Boosted By Influencer Support, Surpassing Polygon And Filecoin Projections While Polygon (MATIC) demonstrates potential resilience in the volatile crypto market, and Filecoin’s price prediction suggests an upcoming bullish reversal, it is BlockDAG that truly shines. Thanks to strategic influencer partnerships and an active YouTube presence, BlockDAG’s presale has soared past […]
The U.S. Securities and Exchange Commission (SEC) has just approved the first batch of spot Ethereum (ETH) ETFs. These ETFs could have huge implications across financial markets, given the popularity of the asset and acknowledging how spot Bitcoin ETFs were the fastest growing ETFs in the history of ETFs, according to BlackRock CEO Larry Fink. JUST […]
TL;DR The Solana DePIN ecosystem shows significant growth, leading the decentralized infrastructure revolution. Featured projects in key sectors such as compute, connectivity, data/sensors and storage reflect SOL progress in each area. Flipside Crypto identifies category leaders such as Render Network, Helium, Hivemapper and shdwDrive, highlighting their impact on the development of decentralized infrastructure. The Solana […]