Jay Clayton, the former Chair of the U.S. Securities and Exchange Commission (SEC), says it’s inevitable that a spot Ethereum (ETH) exchange-traded fund (ETF) will go live on American stock exchanges. In a new interview on CNBC television, Clayton notes that the SEC has already approved the product itself, and will likely proceed to approving […]

The founders of crypto analytics platform Glassnode are predicting that Bitcoin (BTC) will vastly outperform gold for the remainder of the current bull cycle. The co-founders of Glassnode, who go by the handle Negentropic on the social media platform X, tell their 63,000 followers that the BTC/gold ratio could more than double in the coming […]

TL;DR The Polkadot community has approved the JAM update, highlighting its decentralized governance. The update includes significant technical improvements and a 10 million DOT prize for developers. The implementation of JAM is expected to positively influence the price of DOT. The Polkadot community has taken a decisive step into the future with the approval of […]

Over the past week, the value of ENA has surged by 12%, bringing it close to the $1 milestone. Despite this bullish trend, some notable market movements have been recorded as the new trading week begins, with ENA showing stability amidst both inflows and outflows. https://x.com/ai_9684xtpa/status/1794932147540906169?t=YSXau2pRRp2IyizasLYHng&s=19 One significant transaction involved the address 0xa7D…892e7, which recently […]

The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC aims to tighten regulations by requiring CASPs to implement more detailed and stricter requirements for digital transactions. The directive’s […]

Radical Bitcoin proponent Mow has made bullish Bitcoin statement, responding to his former boss from Blockstream, Adam Back

Ethereum (ETH) is currently at the forefront of an impending market surge, as indicated by a significant technical breakout. According to crypto analyst Jelle, Ethereum has recently emerged from a bearish pattern particularly breaking out from the “falling wedge” and flipping key resistance into support zones. Jelle reveals that Ethereum is currently pushing for the […]

A person associated with Caitlyn Jenner’s JENNER coin launch rugged five other prominent figures, but not her, according to Roxo.

Following the approval of Ethereum ETFs, the market anticipates ETFs for other cryptos like Solana and XRP by 2025. Standard Chartered analyst predicts more ETFs and suggests that the non-security status of Ethereum may extend to similar coins. Political changes, especially a potential Trump presidency, could significantly influence US crypto regulations and enforcement. Spot Bitcoin […]

Coin Prices Price data by MAGA Hat maga $0.000684700000 176% Ethereum Ecosystem 24-Hour Range $0.000201540000 $0.000670690000 Low High Market Cap (Mcap) Rank #268 Mcap $260.54M Fully Diluted Mcap $264.66M Supply Circulating 406,915,443,826 Total 420,690,000,000 Created On N/A All Time High (ATH) ATH $0.00 ATH Change 2.11% ATH Date Total Value Locked (TVL) TVL N/A MCap […]

Cryptocurrency in Online Gambling: Revolutionizing the Way We Bet · Online gambling has become one of the most popular Internet entertainment forms …

US authorities have announced the arrest of the alleged mastermind of a notorious dark web marketplace that allowed users to buy and sell illegal drugs anonymously. In a statement, the U.S. Department of Justice (DOJ) says that 23-year-old Rui-siang Lin, from Taiwan, was arrested at John F. Kennedy Airport on May 18th and subsequently charged […]

The foundation behind crypto’s leading decentralized exchange (DEX) is disclosing its crypto assets as a governance vote for a new fee mechanism approaches. In a new blog post, the Uniswap Foundation has shared its 2024 first-quarter financials in a show of transparency with the Uniswap (UNI) token-holding community. “On March 31, 2024 we had $41.41 million […]

TL;DR A trader turned a $2,700 investment in Shiba Inu into $1.24 million after holding for over three years. Still, dealing with meme coins can be quite risky due to their extreme volatility, often leading to significant losses, so investors should be mindful. Patience Is a Virtue The cryptocurrency sector, particularly the meme coin realm, […]

TL;DR The SEC approved the first ETH ETFs, classifying the asset as a commodity. A possible bull market for ETH is expected in the long term, despite short-term challenges. Volatility and liquidity in the Ethereum markets have shown significant changes. The recent approval of Ethereum (ETH) ETFs by the US Securities and Exchange Commission (SEC) […]

Yesterday saw Chiliz CHZ through its highest daily volume inflow since last month. That led to a huge surge as it retested a key level with rejections. It briefly lost steam and is now looking down 5% at the time of writing.  Chiliz saw a lot of gain in the first quarter of the year […]

The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest crypto exchanges increased by 16.4%, reaching 104.6 million visits. Russian Share of Global Traffic […]

Michael Saylor made 360 degree turnaround, validates spot Ethereum ETF

The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after experiencing a brief 20% price correction that sent it as low as $56,400 in early May.  This consolidation period comes as inflows into the US spot Bitcoin ETF market have reignited, and selling pressure appears to […]

Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck.

A US regulator says it’s reached a $1.5 million settlement with a bank that caused “significant harm” to its customers. The Federal Deposit Insurance Corporation (FDIC) says Bank of England, based in England, Arkansas, deceived veterans into overpaying for services while not delivering the products they were entitled to. The regulator says one of the bank’s […]

Crypto analyst Jason Pizzino says he’s looking at four altcoins flashing signs of strength, which include Solana (SOL) and the memecoin Pepe (PEPE). In a new strategy session, Pizzino tells his 327,000 YouTube subscribers that alongside SOL and PEPE, derivatives platform Pendle (PENDLE) and decentralized GPU rendering blockchain Render (RNDR) have strong-looking market structures. According […]

In a recent development within the cryptocurrency sector, Bitget, a prominent crypto exchange and Web3 company, appointed Gracy Chen as its new CEO.

Ethereum’s most recent upgrade, Dencun, saw massive improvements to scalability and sky-high transaction fees. In its seven-year history, Ethereum has left a major mark on the cryptocurrency industry. The king of DeFi is under constant development, and the core team has unveiled a timeline for the blockchain’s latest upgrade – known as the Pectra Upgrade.  […]

[PRESS RELEASE – Claymont, Delaware, May 27th, 2024] EthosX is excited to announce the launch of its new Perpetual Options product being launched in partnership with kanalabs.io on their front end. Called OPerps, it aims to be one of the most accessible and efficient ways to enhance returns by using knowledge about short-term market events. […]

Dabba, a decentralized physical infrastructure network (Depin), has announced it will deploy 10,000 new wifi hotspots globally, aiming to enhance internet accessibility in underserved Indian regions. This expansion coincides with the upcoming token generation event on the Solana blockchain scheduled for July. Dabba’s Depin Initiative Targets India with 10,000 Wifi Hotspots The initiative, dubbed season […]

Ripple CTO David Schwartz tries to answer why XRP and XLM move in sync

Algorand (ALGO), the blockchain platform known for its speedy transactions and energy efficiency, has caught the eye of crypto analysts. Popular analyst ZAYK Charts identified a potential paradigm shift for ALGO, pointing to a price breakout on the 12-hour chart that could propel the token 40-50% higher. Algorand: Breaking The Resistance Barrier Technical analysis, a […]

If Grayscale’s slated spot Ether ETF follows the same path as its Bitcoin one, there could be some short-term pressure on the price of ETH.

TL;DR Ethereum’s L2 Milestone: Ethereum’s Layer 2 networks have reached a $47 billion TVL, with Arbitrum One leading at $19.3 billion. This reflects significant growth and adoption of L2 scaling and cost-reduction solutions. SEC’s Support: The U.S. SEC approved spot Ethereum ETFs from major issuers like BlackRock and Fidelity, following the approval of Bitcoin ETFs, signaling increased […]

TL;DR Donald Trump has promised that the future of Bitcoin will be forged in the United States and he will oppose the creation of a central bank digital currency (CBDC). Donald has committed to commuting the sentence of Ross Ulbricht and defending the “right to self-custody” for crypto users, in an attempt to gain favor […]

Ondo has seen a notable recovery since the start of the month, but this week marked its highest volatile period as it broke out to a new high. It appeared bullish daily but is likely to pull back due to a slight rejection. After five weeks of consolidation phase, accompanied by multiple rejections, Ondo initiated […]