Ethereum (ETH) has been making waves in the cryptocurrency market recently, reaching over $4,000 and boasting a market capitalization of nearly $480 billion. This surge has left investors feeling both excited and cautious, with many wondering if this momentum is sustainable or just a temporary blip before a possible correction. There are several factors contributing
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The recent surge in the price of Bitcoin to new all-time highs has attracted the attention of large whales holding significant amounts of BTC. These whales, defined as those holding at least 1,000 BTC in their wallet, have been taking advantage of the price increase to sell off some of their coins. This has led
The recent surge in Bitcoin’s value, pushing it beyond $73,000, has sparked excitement in the cryptocurrency world. The narrative of this surge was dominated by two major players – BlackRock and MicroStrategy. BlackRock, a leader in asset management, made waves by filing with the SEC to potentially incorporate spot Bitcoin ETFs into its Global Allocation
CryptoQuant founder Ki Young Ju recently raised concerns about the continuous influx of capital into spot Bitcoin ETFs, warning of a potential sell-side liquidity crisis within six months if the trend persists. Ju emphasized the detrimental effect of the ongoing influx of capital on the market dynamics, suggesting that bears cannot win in this scenario.
Studio369, the creative minds behind the open-world PvP mech combat game MetalCore, recently announced that they have secured $5 million in funding. This substantial investment will pave the way for further development and enhancement of MetalCore, promising a new level of excitement and engagement for gamers worldwide. With MetalCore being in development for the past
Thailand’s Securities and Exchange Commission (SEC) has recently made significant regulatory changes that allow for the creation of private funds investing in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. However, this opportunity is exclusively available to institutional investors and high-net-worth individuals. The decision to permit asset management firms to oversee private funds dedicated
The Tensor Foundation recently made a significant announcement regarding its plans for the TNSR token. This move has sparked interest within the Solana NFT marketplace, as Tensor aims to revolutionize the space by harnessing the power of NFTs across products, businesses, and industries. Since entering the world of Solana NFTs in 2022, Tensor has quickly
Bitcoin mining earnings have recently reached an all-time high, with miners making a staggering daily revenue of $78.6 million on March 7. This surpasses the previous record set during the peak of the crypto boom in April 2021. The increase in earnings can be attributed to the ongoing surge in the value of Bitcoin, which
Coinbase’s recent announcement of a $1 billion bond offering signifies the company’s strategic move to raise funds for its growth and expansion plans. The bonds, which are designated as unsecured convertible senior notes, are scheduled to mature in 2030, providing investors with the flexibility to convert their holdings into Coinbase shares or cash at that
The Dencun upgrade for the Ethereum (ETH) ecosystem is set to revolutionize Layer 2 (L2) networks, promising significant cost reductions and key feature enhancements. Scheduled for March 13, this upcoming update introduces a new data storage system called blobs, which is expected to reduce congestion on the Ethereum network and drive innovation in various sectors.
Scotty the AI is gaining attention in the crypto market as a new AI-integrated blockchain security coin. With a unique combination of meme coin culture and AI-powered blockchain threat detection, Scotty the AI has raised $7.7 million in prelaunch token sales, signaling strong interest from investors. What sets Scotty the AI apart from other meme
In a recent collaboration with the US Department of Justice and the FBI, stablecoin issuer Tether took action against a tech support scam network, seizing $1.4 million USDT linked to the fraudulent scheme. The scam targeted vulnerable elderly individuals through deceptive pop-up advertisements, falsely claiming compromised devices and luring victims into seeking assistance from fake
Bitcoin’s recent surge to a new all-time high above $70,000 has caught the attention of many investors and analysts. However, what sets this rally apart is its unconventional nature and the predictions surrounding Bitcoin’s future. Despite the current excitement, experts believe that Bitcoin is still in its early stages and has a long way to
Near Protocol has been making waves in the cryptocurrency market recently, with its price rising by 3% in the past 24 hours. This move to $7.18 marks a significant 63% gain in just a week, outperforming many other major tokens. The altcoin has also surged by 127% in the last 30 days, showcasing its high