The cryptocurrency market is looking positive after the approval of the spot Ethereum ETF in the U.S. At the BTC 2024 conference in Nashville today, independent presidential candidate Robert F. Kennedy Jr. reinforced his strong support for Bitcoin. He stated, “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin….
Notcoin’s price trend has been showing a consistent decline on the daily chart, forming lower highs and hitting a resistance trendline that limits bullish growth. The price has also fallen below the 50-day EMA, indicating a correction. However, a recent sudden increase in the crypto market hints at a potential bounce for Notcoin. This raises…
Independent presidential candidate Robert F. Kennedy Jr. has proposed a major shift in U.S. cryptocurrency policy. If elected, he plans to push for a $615 billion Bitcoin investment to match the value of gold reserves and eliminate capital gains tax to support the crypto industry. Additionally, former President Donald Trump may endorse Bitcoin as a…
Bitcoin has climbed by 4.34% in the last 24 hours and is currently trading at $66,947.64. Compared to a week ago, Bitcoin is up by 4.24%. Ethereum, the second most popular cryptocurrency, has increased by 2.42% since yesterday, bringing its price to $3,252.93. However, it has dropped by 5.15% over the past week. In terms…
Former US President Donald Trump has amassed over $4 million in cryptocurrency contributions for his re-election campaign from key figures in the crypto industry. The significant support from the sector underscores its backing for Trump. He will address attendees at the Bitcoin Conference, which begins today. Republican Presidential nominee Donald Trump’s approach to leveraging cryptocurrency…
Mt. Gox creditors are now receiving payments via Kraken and Bitstamp, following the resolution of the exchange’s long-standing bankruptcy. Bitcoin’s price dipped below $64,000 but has remained stable. While BTC market volume dropped below $1.3 trillion, trading volume rose by 12%. The release of payments has drawn significant attention, and Kraken has started processing these…
Ferrari is preparing to accept cryptocurrency payments in Europe, building on its initial move in the US last year. This expansion, set to roll out by 2024, highlights the increasing mainstream acceptance of digital currencies. As both businesses and governments continue to adopt cryptocurrencies, Ferrari’s decision represents a significant step towards broader acceptance of digital…
Franklin Templeton is preparing to introduce a new ETF centered on Solana, building on the success of its Bitcoin and Ethereum ETFs. This upcoming Solana ETF underscores the blockchain’s growing popularity and technological strength, potentially setting a new trend in the crypto ETF market. The move highlights the increasing interest in blockchain innovations and showcases…
Polygon (MATIC) experienced an astonishing 743% price increase in just one day, thanks to the launch of Ethereum ETFs in the U.S. This surge was fueled by both the introduction of the ETFs and large transactions from major crypto investors on the Polygon network. The debut of Ethereum ETFs has greatly impacted the crypto market,…
PEPE has seen a significant boost despite the overall bearish trends in the crypto market. Interest in PEPE has surged notably following the approval of the spot Ethereum ETF. According to CoinMarketCap, PEPE’s price increased by 6% and its trading volume rose by 40% on July 24th. PEPE Surges Amid Market Bearishness and Spot Ethereum…
Kamala Harris, the Democratic presidential candidate following Joe Biden’s withdrawal on July 21, seems to be embracing cryptocurrency to attract voters. She may even speak at the Bitcoin 2024 conference in Nashville, which starts on July 25. On July 24, David Bailey, the event’s CEO, said they were discussing with Kamala Harris’s campaign about her…
Indian crypto exchange WazirX is planning to set up a poll to let customers vote on whether to reopen the platform for withdrawals, deposits, and trading. Co-founder Nischal Shetty mentioned that they are exploring various options to aid in the recovery. Additionally, WazirX is reaching out to projects related to the stolen tokens to get…
As spot Ethereum ETFs make their debut on U.S. exchanges, Citi forecasts a significant inflow of $5.4 billion within six months. Analysts are also predicting that Ethereum could reach a new all-time high of $5,000. This marks a major development in the crypto market. Citi Anticipates $5.4B in Ethereum ETF Inflows, Analysts Project ETH Rally…
The MEW meme coin has surged 85% in a week, breaking into the top ten meme coins with a market cap of $692 million. This growth, fueled by the “global cat season” trend and key partnerships, positions MEW as a rising competitor to Dogecoin (DOGE) and Shiba Inu (SHIB). Launched this year on the Solana…
ETF analyst James Seyffart reported that Ethereum exchange-traded funds (ETFs) attracted $107 million in inflows on their first day. As anticipated, BlackRock’s iShares Ethereum Trust (ETHA) leads with $258.6 million in inflows. Fidelity’s Ethereum Fund (FETH) follows in second place with $137.9 million. Ethereum ETFs Debut with Strong Inflows; Grayscale Faces Outflows The Bitwise Ethereum…
Coinbase, a prominent cryptocurrency exchange, has recently drawn significant investor attention following a “buy” rating upgrade for its COIN stock from CITI. This positive outlook from CITI comes ahead of Coinbase’s anticipated Q2 earnings release scheduled for early August. The upgrade has sparked discussions about the potential reasons behind CITI’s optimism. In this analysis, we…
Status (SNT) is demonstrating strong potential, driven by anticipation around Ethereum ETFs. On Tuesday, the cryptocurrency experienced a dramatic increase in trading volume, surging by over 1,100% to reach $189 million. Despite this spike, analysts observe that the Ethereum ETFs’ launch has had a relatively subdued impact, with prices expected to dip before seeing a…
Stakeholders with Terraform Labs Pte. Ltd. (TFL) and Terraform Labs Limited (TLL) need to act quickly to protect their voting rights. They must submit preliminary Crypto Loss Proofs of Claim by August 21, 2024, at 5:00 PM (ET) to be eligible to vote in the bankruptcy case. This filing is crucial for stakeholders who wish…
Indian cryptocurrency exchange WazirX has introduced a $23 million bounty program to recover $230 million lost in a recent wallet breach. The breach impacted their multisig Ethereum wallet, causing significant losses and forcing the exchange to halt withdrawals and trading. To tackle this, WazirX is asking white hat hackers, blockchain experts, and cybersecurity professionals around…
Mt. Gox recently transferred 0.021 BTC, valued at $1,390. A small portion of this amount was sent to Bitstamp for verification, while the larger part was moved to a newly created address. Today, a significant transfer from the Mt. Gox address was reported. According to Arkham data, approximately 0.021 BTC, worth around $1,390, was moved…