In the midst of a highly volatile crypto market, Ethereum (ETH) is gaining significant momentum, surpassing its rival Bitcoin (BTC) in terms of performance and market sentiment. This shift is reflected in the ETH/BTC ratio, which has steadily risen from multi-year lows, indicating growing investor bullishness towards Ethereum’s potential relative to Bitcoin. The recent resurgence
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In recent weeks, the price of the meme coin PEPE has been facing significant selling pressure as large investors unload their holdings. According to on-chain data from Santiment, the reserves of PEPE on exchanges reached the highest level in two months, accounting for 40.59% of the total supply. This surge in supply on exchanges has
The crypto market has been buzzing with anticipation as a significant legal battle between Coinbase and the U.S. Securities and Exchange Commission (SEC) approaches its climax. YouTube analyst Crypto Capital Venture delves into the potential consequences of a ruling in favor of Coinbase against the SEC, particularly focusing on the impact it could have on
Coinbase Prime, the leading institutional crypto platform for investors, trusts, and high-net-worth individuals, has experienced a significant increase in trading activity since the introduction of U.S. spot Bitcoin ETFs. Recent analysis conducted by CryptoSlate has revealed a surge in inflows and outflows from a hot wallet at Coinbase Prime, marking a notable shift in the
In a recent development, a new scam method has been uncovered that specifically targets the Web3 gaming industry. This scam not only aims to deceive game developers but also preys on the enthusiasm of game enthusiasts. It all began with an innocent looking direct message on Twitter, originating from an account named @ameliachicel. The message
In recent days, Elon Musk-backed meme coin Dogecoin (DOGE) has experienced a significant price correction, with a decrease of over 14% in the past 30 days. This decline can be attributed to the market’s waning sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs), and the lack of bullish catalysts.
In recent years, the use of cryptocurrency mixers, also known as tumblers, has become increasingly concerning. Originally designed to protect the privacy of users with significant funds, these protocols have unfortunately been exploited by criminal organizations for illicit financial activities. The South Korean Financial Intelligence Unit (FIU) of the Financial Services Commission has recognized this
Celsius Network, a now-bankrupt crypto lender, has recently initiated its reimbursement plan for its creditors, which could potentially destabilize the Ethereum price movement. On-chain data obtained from crypto market intelligence company Arkham Intelligence reveals that Celsius Network transferred over $125 million worth of ETH to various crypto exchanges in the past week. The transfers consisted
Celestia is one of the top cryptos that stands out in the market due to its innovative approach to solving scalability issues faced by traditional blockchain networks. Unlike other blockchains that operate through smart contracts on an existing chain, Celestia uses a purpose-built blockchain with modular architecture. This architecture allows for scalability and provides validation
The introduction of US spot Bitcoin Exchange-Traded Funds (ETFs) has stirred much excitement and speculation within the crypto trading community. One prominent figure in this space, Ash Crypto, boldly predicts that these ETFs could propel Bitcoin’s price to a staggering $500,000. This article delves into the rationale behind Ash Crypto’s forecast and explores the potential
The U.S. Securities and Exchange Commission (SEC) has recently agreed to postpone the trial against Terraform Labs and its former top executive, after Terraform Labs’ co-founder, Do Kwon, expressed his intention to attend the trial. This delay has been considered reasonable by the SEC, as Kwon has agreed to extradition from Montenegro and is expected
The lending firm Celsius has been making headlines recently with its initiatives to repay creditors amidst its ongoing bankruptcy court proceedings. In the past week, Celsius transferred over $125 million worth of its Ether to crypto exchanges, following the lead of FTX and Alameda Research. This article delves into the details of these transfers and
Chainlink’s native token, LINK, recently experienced a significant downturn, causing concerns among investors. The decline was mainly attributed to speculation surrounding the potential rejection of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). However, the latest data suggests that LINK is now decoupling from the altcoin pack, indicated by its ratio
In a groundbreaking collaboration, MeetKai, a leader in the metaverse and conversational AI space, has joined forces with Tripadvisor, one of the world’s largest travel guidance platforms. Together, they are set to revolutionize the way travel enthusiasts explore destinations worldwide. This partnership aims to provide immersive metaverse experiences, allowing users to embark on virtual tours