INJ, the native token of the Cosmos-based layer 1 blockchain Injective, piqued substantial investor interest today, April 18, as its cryptographic venture took an exciting turn with a new collaboration. In an official statement released today, the layer 1 blockchain announced a strategic merger with Jambo, a Web3 mobile infrastructure, aiming to provide web3-based escapades […]
GBTC Outflows Make Way Into Spot Bitcoin ETFs, Bitwise Records $68 Million Inflows
A lot has been happening in the spot Bitcoin ETF market within a week of its launch. Within the initial three days of going live on Wall Street, the Bitcoin ETFs clocked more than $10 billion in trading volumes. Bitwise Records $68 Million In Inflows In a recent statement, Bitwise CEO Hunter Horsley announced that […]
PEPE Dives 31% This Week: Possible Long-term Reversal?
PEPE has recorded outflows wiping off a share of previous gains picked up in the memecoin frenzy. The asset currently trades in correlation to other memecoins posting outflows due to crypto asset liquidations. PEPE exchanges hands at 0.000005057 up 0.83% in the last 24 hours. This increase recorded by the memecoin also follows the gain […]
LUNC News: Here’s Why Terra Luna Classic EVM & Validator Proposals Failed
The Terra Luna Classic (LUNC) community rejected two key proposals that would have helped boost the utility and security of the Terra Classic chain. A top validator with 15% voting power and other validators voted against the proposal, opposing the objective to introduce Ethereum virtual machine (EVM) support and restore validators count to 130. Terra […]
Ethereum Gas Fee Crashes to Three-Month Low, ETH Price Recovers to $3,100
Earlier today, amid news of the escalating geopolitical tensions and the Israel-Iran conflict, Bitcoin and the broader cryptocurrency market faced severe selling pressure. However, this dip once again met with a strong buying interest from investors. With the Ethereum price dropping to $2,877 earlier today, bulls are staging a strong recovery once again to $3,100. […]
Sui Price Prediction As Bulls Hold at $1.26, Expecting Another Massive Breakout?
SUI price prediction: Sui, the Layer-1 smart contract platform, has recently become a focal point in the decentralized finance (DeFi) sector. Its native token, SUI, has witnessed a striking 280% growth in just three months. This remarkable increase in SUI’s value began in 2024, indicating a strong bullish trend in the market. Market analysts are […]
Peter Schiff Falters Bitcoin “Safe Haven” Illusion, Puts Gold Ahead
Peter Schiff, a prominent critic of Bitcoin, recently offered a critical perspective on the cryptocurrency’s behavior amid market volatility. His observations revealed a striking disparity between Bitcoin and traditional safe-haven asset, gold. Schiff highlighted a specific instance during a recent market downturn triggered by escalating geopolitical tensions. While the Dow experienced a notable 1.5% decline, […]
Just In: Bitcoin ETF Vaults the Token Past Silver with $27.5 Billion in Assets
Bitcoin has just surpassed silver to become the world’s second-largest commodity ETF, indicating crypto’s rapid growth as an investment. Data compiled by investor Jason A. Williams shows that Bitcoin ETFs have amassed $27.5 billion, placing them behind gold’s $96 billion but ahead of silver’s $11.5 billion. BREAKING NEWS : In WEEK 1 #Bitcoin overtakes silver to become […]
XRP Price Prediction As XRP Hits $0.5 Amid Ripple Vs. SEC Intense Legal Battle
XRP price has seen modest fluctuations over the past 24 hours. The altcoin has just surpassed the $0.5 mark, with a slight uptrend. This represents a slight gain of 0.47% from the previous day. Currently, the XRP price is $0.5015. The market witnessed a sharp decline in value during the early hours. However, the market […]
Spot Bitcoin ETFs Excluding GBTC Have Bought BTC Worth $2.8 Billion Since Launch
The US-listed spot Bitcoin exchange-traded funds (ETFs) have cumulatively bought about 68,500 Bitcoin (BTC) since their launch, valued at $2.8 billion, according to data provided by X account CC15Capital. Notably, the data doesn’t include numbers for the Grayscale Bitcoin Trust (GBTC), which continued to see outflows on the fifth trading day. The data also showed […]