Ethereum has experienced some volatility this week, with the price briefly breaking above $3,000 before entering into a correction. The key support at $2860 will be crucial for buyers to maintain the bullish momentum. Failure to reclaim $3,000 could lead to a deeper correction, although high timeframes still signal a bullish outlook. Any pullbacks are
Crypto
The recent sale of SHEboshi NFTs, linked to the popular meme coin Shiba Inu (SHIB), created a buzz in the non-fungible token market. Within just under three hours after the launch, all 20,000 collectibles were claimed before the public minting phase. Originally priced at 0.05 ETH each, the floor price of these NFTs has now
Binance recently expanded its margin trading options by adding several new pairs and borrowable assets. Among the new cross-margin pairs are ADA/USDC, AVAX/USDC, MATIC/USDC, and XRP/USDC, while new isolated margin pairs include ACM/USDT, AVAX/USDC, FIO/USDT, IQ/USDT, NEXO/USDT, and QKC/USDT. Additionally, Binance introduced AC Milan Fan Token (ACM), FIO Protocol (FIO), and IQ (IQ) as new
Michael Saylor, the co-founder and executive chairman of MicroStrategy, has made it clear that he has no intentions of selling his or his company’s Bitcoin holdings. Despite the significant unrealized profit of approximately $4 billion, Saylor views Bitcoin as the ultimate exit strategy and the strongest asset in the market. He firmly believes that Bitcoin,
In a recent announcement, Coinbase International Exchange revealed that it has reached a significant milestone by hitting $1 billion in daily volume for the first time. This growth is a testament to the increasing demand for crypto perpetual futures trading among professional non-US traders. The exchange, which is based in Bermuda, was established outside of
Bitcoin, the leading cryptocurrency, has seen a remarkable journey over the past few years. Recently, it reached a milestone of $52,000 before encountering a barrier. Despite trading below this significant psychological threshold, the sentiment surrounding Bitcoin remains optimistic. Long-term holders of Bitcoin have been observed to collectively sell about 200,000 BTC from their stash since
The VanEck Bitcoin exchange-traded fund (ETF) experienced an unexpected and significant surge in trading volume on Tuesday, reaching over $258 million in daily trading volume. This marked a 14-fold increase within a single day, which was an exceptional development for the ETF. Despite this achievement, VanEck’s ETF still faces challenges in keeping up with the
Cryptocurrency analyst Michaël van de Poppe has made a bold prediction for Ethereum, suggesting that the price could potentially soar to $4,500. Van de Poppe believes that Ethereum is capitalizing on Bitcoin’s upward momentum as investors shift their focus towards ETH. This shift has been seen as a significant move in the crypto market, with
Rabby Wallet, a crypto wallet developed by Debank, has gained popularity among users due to its support for 141 chains and multiple signing modes. However, the recent launch of the beta version of its mobile app has led to unexpected consequences for unsuspecting users. On the 16th of February, reports began to surface about a
Bitcoin (BTC) has recently surpassed the $50,000 mark, a significant milestone that has not been seen since December 2021. Currently trading above $51,900, the cryptocurrency has been on a steady rise, with analysts attributing this surge to the high demand stemming from the approval of spot Bitcoin exchange-traded funds (ETFs). According to a recent report
With the upcoming fourth halving of Bitcoin, miners are currently operating at a high level on the blockchain. The mining difficulty metric for Bitcoin increased by over 8% recently, reaching a new all-time high. This metric is crucial for the BTC blockchain as it readjusts every 2,016 blocks, depending on the mining power. The continuous
Over the past 24 hours, the price of XRP has seen an increase above $0.57. However, this upward momentum was short-lived as the bulls failed to sustain the pressure, causing the price to drop back down to around $0.56. Despite this slight setback, XRP has experienced a significant increase of more than 10% since February
The founder of Tron, Justin Sun, has recently unveiled a groundbreaking Bitcoin Layer 2 roadmap that aims to enhance the scalability, speed, and security of the Bitcoin network. Additionally, Tron is planning to integrate its tokens with the Bitcoin blockchain to enable seamless interactions and interoperability. This article provides an analysis of the Tron Founder’s
In a recent court hearing held in White Plains, New York, U.S. Bankruptcy Judge Sean Lane granted approval for Genesis Global to sell approximately 35 million shares of Grayscale Bitcoin Trust (GBTC) worth an estimated $1.3 billion. This decision allows Genesis to monetize its holdings in GBTC, as well as in Grayscale Ethereum Trust (ETHE)