Spot Ethereum ETFs have finally been approved in the United States, marking a major milestone for the cryptocurrency market. This is likely to increase institutional interest in Ethereum, the largest altcoin, and could also impact the market values of memecoins like PEPE. Looking at Bitcoin’s experience can be instructive. After the approval of its Spot…
Jupiter, a top DEX aggregator on the Solana network, is making a big impact by taking up to 80% of the network’s priority fees through its validator, JupSOL. This boosts Jupiter’s competitiveness and expands its trading options. As Jupiter grows and handles more trades, it’s earning more priority fees. JupSOL now outperforms the former leader,…
On Tuesday morning, a wallet connected to the Mt. Gox rehabilitation Trustee moved $3.2 billion worth of Bitcoin between different wallets, with some of it being sent to the digital asset exchange Bitstamp. This large transfer caused Bitcoin’s price to drop below $67,000 as investors reacted to the news. Mt. Gox Trustee Moves $3.2 Billion…
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…
Upland’s first tradable token, SPARKLET, is launching exclusively on Bitget’s Launchpool, giving users early access. Starting from 13:00 (UTC) on July 24, 2024, users can farm SPARKLET by staking Bitget Token (BGB) until August 1, 2024, with a total prize pool of 7,000,000 SPARKLET tokens. The SPARKLET/USDT trading pair will also be available on the…
Today’s launch of spot Ethereum ETFs is a big event for the cryptocurrency market. With several new ETFs beginning trading in the U.S., there is a lot of excitement among crypto enthusiasts. They think these ETFs could draw more investors to Ethereum and offer a new investment opportunity in blockchain technology, which many believe has…
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…
In the past 24 hours, trading volume for privacy cryptocurrencies surged by 115% to reach $1.4 billion. This increase suggests that holders may be shifting their assets in anticipation of a potential bull run. Despite the heightened trading activity, Zcash (ZEC) has maintained a stable price. The cryptocurrency market is buzzing with optimism as traders…
Jasmy’s president, Kazumasa Sato, took part in last year’s Japan Techno Economics Society (JATES) study group focused on sensors and data fusion. Jasmy is boosting its data security efforts and market expansion through partnerships with companies like Transcosmos, Toyota, Panasonic, and VAIO. The company leverages blockchain technology to offer decentralized data storage, which helps prevent…
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…
On July 22, Grayscale transferred $1 billion worth of Ether to Coinbase, marking its preparation for the launch of spot Ether exchange-traded funds (ETFs) in the United States. This significant move comes just a day before the anticipated start of trading for the first spot Ether ETFs on July 23. Following this transfer, around 10%…
After President Joe Biden announced he is stepping down from the 2024 race, Vice President Kamala Harris thanked him on X and expressed her goal to win the nomination. As the first female, Black, and South Asian Vice President, she could make more history. Let’s explore her career and possible running mates. Kamala Harris: A…
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…
Chainlink (LINK) is currently re-accumulating around $14.8, which suggests a potential breakout is on the horizon. This re-accumulation phase indicates a significant move could be forthcoming, with target prices set at $26.5 and $33. LINK’s strong fundamentals and growing adoption support its bullish outlook, positioning it for a possible breakout. Chainlink Poised for Potential Breakout…
BNB Chain has burned 1.64 million BNB, valued at $971 million, which has boosted the token’s value. This quarterly burn reduces the supply of BNB, enhancing its scarcity and overall value. The $971 million burn underscores BNB Chain’s commitment to its tokenomics strategy. BNB Chain recently completed its 28th quarterly token burn, removing 1,643,698.8 BNB…
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…
Solana’s price action shows a double bottom pattern with a key level at $180. The rising ADX line in the DMI indicator indicates growing momentum in the trend. If Solana’s price breaks above $180, it could rise to $250. As the crypto market recovers and aims for a new all-time high in 2024, the altcoin…
Donald Trump’s upcoming speech at the Bitcoin 2024 Conference could affect Bitcoin’s price, and an Ethereum ETF launching on July 23 might boost Ether’s value. Rumors that Michael Dell might also appear at the conference could further impact Bitcoin. Bitcoin has risen nearly 20% this month, reaching around $67,286, partly due to expectations that Trump’s…
The President of The ETF Store has indicated that issuers might soon apply for a new ETF combining Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Solana, now the fifth-largest cryptocurrency by market cap, is increasingly seen as part of the crypto industry’s Big Three alongside Bitcoin and Ethereum. With Bitcoin and Ethereum either having or…
President Joe Biden announced on Sunday that he is ending his re-election campaign. This decision comes as many Democrats worry that the 81-year-old might not win a second term and could hurt the party’s chances in the upcoming election. Following this news, the Kamala Harris-themed meme coin, KAMA, jumped to a record high of 2.4…