Ethereum price has gone through a rollercoaster in the last few weeks as the price has witnessed multiple ups and downs. The second biggest cryptocurrency, Ethereum, has declined more than 11% in a month, 9.31% in a week, and almost 2% drop in the last 24 hours. So, what’s happening with the Ethereum price? Will […]
JPMorgan Upgrades Coinbase as Bitcoin Surges
Coinbase (NASDAQ: COIN) received an upgrade from JPMorgan, shifting its status from Underweight to Neutral. This adjustment in rating was accompanied by an announcement from analyst Kenneth Worthington, who has decided to maintain the stock’s price target at $80. The rationale behind this upgrade stems from the significant surge observed in Bitcoin’s price. As Bitcoin […]
Cardano Price Prediction: Death Crossover Among Key EMAs Points to Fall Below $0.4
Cardano Price Prediction: ADA, the native cryptocurrency of the Cardano ecosystem, has found suitable support at $0.426 in the daily time frame. The coin price rebounded several from this support within a month hints the buyers are actively defending this level which can develop a local bottom. However, the broader market is still uncertain, and […]
EigenLayer Secures $100M Investment via Andreessen Horowitz Venture Firm
EigenLayer, a prominent player in the blockchain industry, has recently secured a substantial $100 million investment from the renowned venture firm Andreessen Horowitz. This investment marks a significant milestone for EigenLayer and underscores the continued interest and confidence in blockchain technology despite recent market challenges. Founded by Sreeram Kannan, a former associate professor at the […]
Just-In: Bank of Montreal Reveals Spot Bitcoin ETF Holdings
Bank of Montreal has disclosed its exposure to spot Bitcoin ETFs in a recent Securities and Exchange Commission (SEC) filing. In a recent filing, the bank disclosed its spot ETF holdings with multiple issuers. This comes on the heels of Bitcoin ETF acquisitions by traditional finance firms. The Bank of Montreal which is Canada’s fourth […]
Valkyrie Expands with Launch of Bitcoin Futures ETF BTFX
Valkyrie has launched a new Bitcoin-leveraged exchange-traded fund (ETF), the Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX). This financial instrument aims to offer investors twice the daily performance of its underlying index, which tracks the performance of the CME Bitcoin Futures market. The ETF’s strategy involves a scheduled rolling of its futures contracts to maintain […]
Crypto Prices Today May 14: Bitcoin Crosses $62K, Ethereum & Altcoins Mirror Sentiment
The top crypto prices today witnessed a rebound as the Bitcoin (BTC) price extended above the $62,000 mark. Moreover, the Ethereum (ETH) gained notably and sustained the $2,900 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also noted a significant uptick. Major Crypto Prices Today 1. Bitcoin Price Source: CoinMarketCap […]
Polygon (MATIC) Price Jumps 6% After Reddit Said Its Dabbling With the Altcoin
Polygon’s native cryptocurrency MATIC has managed to come out of the abyss after facing an 8.5% drop the day before, At press time, the Polygon (MATIC) price is up 8% trading at $0.98 with a market cap of $9.5 billion. Reddit to Use Polygon (MATIC) for Payment In its recent IPO filing, social media platform […]
3 Meme Coins Outperforming Ethereum In May 2024
Following the recent market crash that jolted the cryptocurrency world, there has been a significant change in the market dynamics. With Ethereum (ETH) staying at $2,915.90, experiencing declines of 1.76%, 4.93%, and 5.68% in the last day, week, and month, investors are looking for safety in other investments. The crypto sphere was shaken by the […]
Reddit IPO: Unlocking the Insights and Analysis
After this long three years of wait, Reddit IPO announcements are finally out. Reddit on this Thursday filed an IPO prospectus with the SEC. ‘RDDT’ is chosen as the symbol for the Reddit IPO and will be traded on the New York Stock Exchange. Reddit is a San Francisco-based company valued at $10 Billion in […]