Peter Schiff, a well-known gold bug, has once again raised concerns about the future of Bitcoin, particularly in light of the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission. This latest warning from Schiff comes at a time when the price of Bitcoin has been on the rise, surpassing $70,000.
In the recent surge of Bitcoin and Ethereum prices towards new all-time highs, short-term traders have faced significant liquidations. In just the last 24 hours, over $330 million were liquidated from the crypto market, with the majority of losses coming from short traders who were betting on a price drop. According to Coinglass data, more
Recently, the Web3 gaming project Gala Game fell victim to an exploit orchestrated by an unknown attacker. This attacker, described as a compromised or rogue admin address, managed to mint a whopping 5 Billion GALA tokens, valued at over $200 million. The security breach has been contained, and the affected wallet has been frozen to
Polimec, a newly launched decentralized funding protocol on Polkadot, is set to disrupt the traditional fundraising landscape for Web3 projects. With a focus on transparency and regulatory compliance, Polimec aims to connect investors and startups globally, ushering in a new era of decentralized initiatives. The launch of Polimec represents a significant advancement in Web3 fundraising
In the world of cryptocurrency, experts are always on the lookout for the next big thing that could potentially yield massive returns. Recently, the crypto market rally has garnered a lot of attention as hopes for the SEC to approve spot Ethereum ETFs have increased. This surge in optimism has led to a 15% jump
Recently, the Securities and Exchange Commission (SEC) has requested spot Ethereum ETF applicants to update their 19-b4 filings. This move has sparked greater optimism around potential approvals within the cryptocurrency community. Bloomberg ETF analyst Eric Balchunas has mentioned that the SEC might reconsider its anticipated stance and opt not to deny the pending applications. ETF
Fantasy football has taken the world by storm, captivating millions of fans who are eager to showcase their knowledge and passion for the sport. Among the plethora of platforms available, Fanton Fantasy Football on Telegram is generating buzz for its innovative approach to the game. The standout feature of Fanton is its integration with Telegram,
Ethereum, the second-largest cryptocurrency by market capitalization, is currently poised at a crucial juncture, with a prediction of a potential breakout. Prominent crypto analyst Jelle recently pointed out that Ethereum is nearing the end of a falling wedge pattern, a situation often interpreted as a bullish signal in technical analysis. Jelle observed a falling wedge
The recent resurgence of retail investors in Ethereum meme coin markets has brought about a new wave of excitement. One particular token, Apu, has taken the market by storm on decentralized exchanges (DEX). This shift marks a significant change in market dynamics, especially after a prolonged period of dominance by Solana meme coins. The decline
The recent announcement of Michael Sonnhenshein stepping down as the CEO of Grayscale, the world’s largest Bitcoin ETF, has sent shockwaves through the cryptocurrency community. His replacement by Peter Mintzberg from Goldman Sachs marks a significant shift in leadership for the company. Sonnhenshein’s departure comes at a crucial time for Grayscale, as it was recently
The cryptocurrency market is abuzz with optimism as a crucial Bitcoin metric has just turned bullish, raising hopes for an impending rally in the price of Bitcoin. A unique technical pattern known as the Stablecoin Supply Ratio (SSR) Oscillator has broken below the lower Bollinger Bands, signaling a potential uptrend for the world’s largest cryptocurrency.
Bitcoin, the primary cryptocurrency, has experienced quite a rollercoaster ride in the past 24 hours. With the price dropping below $67,000 multiple times, it has managed to react positively to each correction, currently resting at that crucial line once again. Just a week ago, Bitcoin’s price plummeted to slightly over $61,000 due to some issues
As we look ahead to the economic events of the upcoming week, there are several key highlights that investors and market participants should keep an eye on. From the release of the Federal Reserve meeting minutes to a major earnings report from semiconductor giant Nvidia, there are plenty of factors that could potentially influence market
The highly anticipated American football-inspired web3 game, Draftables, recently made waves by selling out of Founder Pass NFTs on Avalanche’s Hyperspace in less than 10 minutes. The quick sellout of the freebie Founder Pass NFT series highlights the excitement and anticipation surrounding the game. Those who were able to secure these exclusive NFTs will have