Gary Gensler’s reaction to a question posed to him about the likelihood of having spot Ethereum ETF approval suggests that the applicants for this product may have to wait longer than expected. Is The SEC Looking Positively Toward Spot Ethereum ETFs Jennifer Schonberger from Yahoo Finance sat down with Chairman of the United States Securities […]

Filecoin’s native cryptocurrency, FIL, is experiencing a robust surge, gaining 15% in the past 24 hours. Currently, The Filecoin (FIL) price is trading at $11.20, boasting a market cap of $6.1 billion. Additionally, daily trading volumes have surged by an impressive 123% to $1.126 billion. What’s Behind the Filecoin Price Rally? The recent surge in […]

XRP, a digital asset within the Ripple ecosystem, utilizes a unique concept known as “drops” to facilitate transactions and ensure scalability. Drops represent the smallest unit of XRP that can be transacted or held, allowing for microtransactions and enhancing the efficiency of the XRP network. David Schwartz, CTO of Ripple, provided insights into the technical […]

US President Joe Biden in his recent speech gave a heads-up about the Fed’s rate cuts. According to a Reuters report, President Biden stated on Friday that he thinks the Federal Reserve will cut interest rates. Using the Fed as a metaphor for “that little outfit that sets interest rates,” Biden stated during a campaign […]

Binance Coin Price: Earlier this week, the cryptocurrency market witnessed a sudden sell-off which plunged the Bitcoin price to a low of $57500. While the retracement spread to the altcoin market as well, the BNB token of the Binance crypto exchange showcased a robust recovery evidenced by five green candles in the daily chart. This […]

XRP, Ripple’s native token, has had an uptrend from the start of February, but the price has fluctuated a lot in recent days. Earlier, the price had dropped by more than 2%, but within a few hours, it made a return, confusing investors with the rapid price changes. So, what’s happening with XRP? Let’s discuss […]

Crypto Price Prediction: On Monday, the leading digital asset Bitcoin breached the $70000 psychological mark and reached a new all-time high of $71766. The recovery keeps the broader market trend intact, further boosting the growth of the altcoin sector. According to data from the on-chain analytics firm SpotOnChain, a significant move by a notable Bitcoin […]

Brad Garlinghouse, CEO of blockchain payments firm Ripple Labs Inc, has highlighted the surging volumes of Bitcoin (BTC) Exchange-Traded Funds (ETFs) and the imminent halving event, noting their significant influence on the broader cryptocurrency market. Garlinghouse highlighted the historical pattern of the crypto market following BTC’s lead, a trend observed across multiple market cycles. He, […]

The recent launch of spot Bitcoin ETFs in early January 2024 marked a significant milestone for the cryptocurrency industry. In an astonishing turn of events, these ETFs have amassed $55 billion in assets. Additionally, they registered a trading volume 100% larger than anticipated. This unprecedented success has drawn the attention of industry analysts and investors […]

On March 11, 2024, the U.S. Spot Bitcoin ETF experienced an unprecedented surge in inflows, marking a significant milestone in the cryptocurrency market. According to provisional data by Farside UK, the ETF attracted approximately $505.6 million in institutional investments, showcasing a substantial vote of confidence in digital assets. Notably, this surge in inflows highlights the […]