WisdomTree, a prominent U.S. Spot Bitcoin ETF issuer, has captured the attention of investors following its recent approval from the New York State Department of Financial Services (NYDFS). Notably, this green light allows WisdomTree to expand its crypto services in New York, marking a significant milestone in the company’s journey into the digital asset landscape. […]
This Indicator Signals Ethereum Price Downfall To $2,400
A brief bullish wave on Tuesday convinced investors that this week’s retrace was temporary and that cryptocurrencies were ready to resume their ballistic rallies. However, a 2.6% drop in Ethereum price in 24 hours seems to be dimming the hope for an immediate U-turn toward all-time highs. After climbing to $4,091, Ethereum price hovers at $3,430 during […]
Analysts Tip Community Moderation Amid Reddit’s 48% Share Growth
Analysts have opined that social platform Reddit will need to invest more in content regulation in the coming months following its Initial Public Offering (IPO). Market watchers say this is likely due to the increasing scrutiny the platform would face as a public company. Its present reliance on individual volunteers to check community guidelines may […]
Shiba Inu Weekly Burn Dips 60%, SHIB To Break Below Support?
In a thrilling plot twist, Shiba Inu, the self-proclaimed Dogecoin killer, curated a tidal wave of speculations among crypto market traders and investors globally following a significant plunge in its price in the past few days. This plunge in SHIB’s price surfaced along with a weekly dip recorded in the SHIB burn rate, giving rise […]