The cryptocurrency industry in 2024 has been a rollercoaster ride, especially for Ethereum and its exchange-traded funds (ETFs). While there have been moments of validation and success, there have also been setbacks and challenges that have left investors and analysts scratching their heads. Earlier this year, the US Securities and Exchange Commission gave the green
admin
Semilore Faleti is a prominent figure in the world of cryptocurrency journalism, known for his expertise in blockchain technology and digital assets. He began his career writing on various subjects, but it was his deep dive into the complexities of cryptocurrencies that set him apart. With a focus on the efficiency of digital assets in
In a recent BTC Conference in the United States, Jan van Eck, the CEO of VanEck, shed light on some of the most remarkable qualities of Bitcoin. He expressed his confidence in the cryptocurrency by revealing that more than 30% of his own portfolio is allocated to Bitcoin. This comes as no surprise, considering VanEck’s
In a recent interview, Kennedy proposed an interesting idea – the federal government should buy Bitcoin until its holdings match the value of the nation’s gold reserves. This would mean acquiring roughly 9.4 million BTC, which is almost 45% of the total supply. The rationale behind this proposal is that Bitcoin is seen as an
Following the launch of Spot Ethereum ETFs, the price of ETH has experienced unexpected struggles, indicating that the event was a classic case of ‘sell the news’. Despite initial excitement in the market about investors gaining exposure to ETH without directly buying the token, the price of the second-largest cryptocurrency by market cap has seen
In the world of cryptocurrency, Ethereum has recently seen a significant event with the launch of several Ethereum ETFs. However, the price of Ethereum did not react as expected to this historic event, dropping by over 10%. This unexpected price movement turned the ETF launch into a sell-the-news moment for investors. The support level at
The upcoming Bitcoin options contracts expiry on July 26 is anticipated to be significant, with around 61,200 contracts valued at $4.26 billion. This particular expiry event is larger than usual due to being at the end of the month. Despite the recent launch of spot Ethereum ETFs in the United States, the spot markets have
Robert Kennedy Jr.’s financial policy plan unveiled at the annual Bitcoin conference in Nashville aims to position the United States as the world’s largest holder of Bitcoin. The plan involves acquiring Bitcoin valued at $619 billion to match the current US gold reserves. Kennedy Jr. argues that this move will redefine monetary policy and enhance
The world of cryptocurrencies is always filled with excitement and anticipation, especially when it comes to the king of all cryptocurrencies, Bitcoin (BTC). A crypto analyst going by the name ‘Trader Tardigrade’ has recently made a bold prediction that Bitcoin is on track to reach an unprecedented price of $263,000. This prediction has sparked a
Recently, WazirX conducted a preliminary investigation into a sophisticated cyber attack on its multi-signature Ethereum wallet and found no evidence indicating the compromise of WazirX signers’ machines. The attack, which took place earlier this month, has raised significant concerns within the crypto community. Initially, the exchange attributed the hack to an issue with its custody
Planet X is not just your average free-to-play extraction shooter game; it is a game-changer in the world of gaming. By combining the excitement of gameplay with the opportunity to earn real-world prizes, Planet X sets itself apart from traditional mobile games. This innovative game is based on the Ethereum blockchain and utilizes the XAI
Illuvium has recently launched its mainnet, inviting players from all around the world to immerse themselves in a new gaming experience like never before. With a special airdrop campaign in place, early users have the opportunity to be rewarded with $ILV tokens, setting the stage for a vibrant community to grow and thrive. Illuvium introduces
Cardano (ADA) is currently experiencing a significant seven-day decline, with the price dropping below the $0.41 mark. This decline is part of a wider trend affecting many altcoins, which have been reacting negatively to Ethereum’s recent drop. The correction follows a bullish run earlier in the month, during which ADA holders saw substantial gains. As
Ethereum whales have been making significant moves in the market recently, with on-chain data revealing a heavy accumulation of the second-largest cryptocurrency by market cap. Despite the price decline in ETH, these large investors have been actively buying up the token. Data from IntoTheBlock shows that Ethereum whales purchased a whopping 297,670 ETH ($1 billion)