Ethereum has been holding steady above the $3,500 price level, with investors eagerly anticipating a return to the $4,000 mark. The recent surge in open interest on Ethereum futures has added to the optimism surrounding the cryptocurrency. While open interest is typically viewed as a bullish sentiment indicator, it can also signal a potential shift
Bitcoin (BTC) has recently surpassed the $70,000 mark, sparking speculation about a potential surge in the near future. Analyst Ali Martinez has identified a bull flag pattern on Bitcoin’s 4-hour chart, suggesting a consolidation phase with a slight downward trend. Despite a recent dip below $61,000, Bitcoin rebounded into the $67,000-$70,000 range, reinforcing the validity
The hacker behind the $11.6 million theft from Prisma Finance’s decentralized finance (DeFi) protocol has claimed that the exploit was a “whitehat rescue.” This term refers to the actions of a hacker who uses their skills to identify security vulnerabilities in software code. The attacker reached out via on-chain messages, expressing a desire to return
Parallel, the groundbreaking sci-fi NFT card game, recently concluded a successful funding round, securing an impressive $35 million from a diverse group of investors. The game, which harnesses the power of the Ethereum blockchain and Base layer-2 chain, disclosed this significant development in a post dated March 28th. The investment round garnered support from various
Coin Bureau’s host, Guy Turner, has shared optimistic views on the potential breakout of SOL, suggesting a significant increase of 35% to 45% above the $300 mark. This bullish sentiment is supported by the positive trends seen in both weekly and monthly charts since the beginning of 2024. Turner believes that SOL is displaying strong
In a recent tweet, Matt Hougan, the CIO of Bitwise, shared insights from his 20-day road trip where he engaged with various financial advisors. Some advisors had already allocated 3% of their client’s portfolios to Bitcoin ETFs, while others had not considered it at all. This discrepancy in adoption rates indicates a potential for continued
The surge of meme coins on Solana has been quite remarkable, with tokens like CHRIST experiencing exponential growth in a short period. CHRIST saw a significant increase of over 770,000% in just 24 hours, catching the attention of many investors. The initial launch of CHRIST on the Solana meme coin markets was met with great
After weeks of bearish sentiment surrounding Bitcoin, the bulls seem to have regained control as the Spot Bitcoin ETFs are once again experiencing significant inflows. Farside Investors reported a total of $243 million in inflows on March 27, with BlackRock’s iShares Bitcoin Trust (IBIT) and ARK 21Shares Bitcoin ETF (ARKB) leading the way with $323.8
The US and UK governments have recently initiated a collaborative investigation into cryptocurrency transactions exceeding $20 billion. These transactions are suspected of violating Russian sanctions and potentially funding military operations in Ukraine. The focus of the investigation is on transactions allegedly processed through the Russia-based crypto exchange, Garantex, in an attempt to circumvent international sanctions.
The US Department of the Treasury, along with its Office of Foreign Assets Control (OFAC), made the decision to sanction the Palestinian news network Gaza Now on March 27. This action was taken due to allegations of supporting Hamas, a designated terrorist organization. Along with Gaza Now, several crypto addresses linked to the news network
Blockchain gaming is a nascent industry that has begun to merge blockchain technology with traditional video games, creating a new frontier for gamers. The concept allows players to truly own their in-game assets and potentially earn real-world value from them, which has sparked significant interest and excitement among gaming enthusiasts. However, despite the industry’s potential
The recent surge in the price of Bitcoin, reaching a new all-time high above $73,000, has sparked excitement among investors. This surge comes ahead of the halving, prompting Bitcoin whales to fill up their wallets with more BTC in anticipation of an explosive move in the market. These large Bitcoin whales, who hold at least
The Illuvium universe is gearing up for its much-anticipated launch, with the announcement of the Beta 4 testing schedule. The testing is set to kick off with Private Beta 4 on April 30th, 2024. In addition to the testing, a pre-registration campaign has been introduced along with rewarding ‘Play-2-Airdrop’ incentives to enhance the gameplay experience
The recent drop in the price of Cardano (ADA) below the $0.7 mark has left many investors puzzled. The crypto token experienced a significant correction from its monthly peak of $0.8, which was recorded on March 14. Since then, Cardano has struggled to regain its previous highs. This article delves into the potential reasons behind