After dropping all the way under $61,000 on Thursday, May 9, the Bitcoin (BTC) price can give some bounceback gaining 2% in the last 24 hours and shooting back to $63,000 levels. The BTC price has largely remained range-bound between $61,000-$64,000. However, data shows that Bitcoin could soon be breaking out of the consolidation phase. […]

Franklin Templeton, a global asset management firm, has submitted a filing for a spot Ethereum ETF, signaling its intention to provide investors with a more traditional vehicle to gain exposure to the second-largest cryptocurrency by market capitalization. This move places Franklin Templeton alongside other financial giants such as Ark 21Shares and BlackRock. They have also […]

EigenLayer, a decentralized finance (DeFi) protocol, has captured the attention of the crypto community with its highly anticipated token launch. Since its soft launch in 2023, EigenLayer has rapidly amassed a staggering $14 billion in assets, establishing itself as a dominant player in the DeFi space. At the core of EigenLayer’s appeal lies its innovative […]

In a recent development, pro-XRP lawyer Bill Morgan has raised questions over the cryptocurrency’s sluggish performance in the market. With XRP trailing behind its peers over the last 90 days, Morgan deems the situation “unnatural,” sparking speculation about the crypto’s future trajectory. Meanwhile, amid this backdrop, analysts and investors alike are pondering whether the crypto […]

Bitcoin price forecast: The largest digital asset made another surprise move in the bullish direction on Friday, increasing its market value by 2.6% in 24 hours to $62,988. Although a minor change in the value, the entire crypto market beamed with the hope of extending the bullish outlook into the weekend. Major altcoins like Ethereum, […]

LUNC News: A former Joint L1 Task Force (L1TF) developer, along with other developers and Terra Luna Classic validators, has started working on 800 million USTC burn to reduce the circulating supply of stablecoin by burning balance in a contract, according to the latest detail. Terra Luna Classic Starts Testing 800 Mln USTC Burn The […]

House representatives are gearing up for a vote on two major bills of cryptocurrency legislation. The Financial Innovation and Technology (FIT) for the 21st Century Act and an anti-Central Bank Digital Currency (CBDC) bill, sponsored by Republican representatives, will be on the floor the last week of May. As a result, this united vote is […]

In a recent landmark decision that exemplifies the law’s war on cryptocurrency fraud, Ian Freeman, a New Hampshire libertarian activist and the host of a radio talk show, has been ordered to pay victims of an elaborate romance scam operation more than $3.5 million. The 43-year-old dude Freeman decided to use Bitcoin to wash tens […]

As speculations swirl around the approval of Spot Ethereum ETFs, Fox journalist Eleanor Terrett revealed that there are upcoming meetings scheduled between ETF applicants and staff members of the U.S. Securities and Exchange Commission (SEC). This disclosure follows a series of mixed sentiments from industry insiders regarding the likelihood of approval. Ethereum ETF Applicants To […]

The inflows in spot Bitcoin ETF have surged once again in February clocking nearly $500 million a day before. Interestingly, the pace of inflows has caught investors’ attention with many of them expecting that Bitcoin would eat into Gold’s market share sooner than expected. Bitcoin (BTC) – A sound Money Asset According to insights provided […]