Ethereum, a leading cryptocurrency, has been on an upward trajectory for the past few months. The cryptocurrency value has soared from under $2,000 to $2,400, indicating a positive trend. However, the current market displays mixed sentiments about its future direction. The digital currency has been fluctuating within a defined range, showing signs of both strength […]
Ethena Price Caught in Wedge Pattern Sees Extended Correction to $0.86
The cryptocurrency market has experienced significant volatility in April attributed to the upcoming Bitcoin halving later this month. In tandem with Bitcoin consolidation, the majority of major cryptocurrencies witnessed notable corrections, but not Ethena. This new entrant in the DeFi space is riding a sustainable growth recently hitting a new high of $1.45. But how […]
Curve Finance’s Stability in Question with Upcoming CRV Release
According to a recent report by DeFi Made Here, a crypto investment analyst, Curve Finance, a player in the decentralized finance (DeFi) arena, is approaching a critical moment. The platform, known for its role in the DeFi ecosystem, faces a potential crisis as many of its native tokens, CRV, become tradeable soon, sparking fears of […]
ASIC to Appeal Dismissal of Case against Finder’s Crypto Asset Product
Australia’s ASIC has said that it will appeal against the dismissal of the Finder crypto asset product case. ASIC’s decision to file an appeal against the decision stems from the idea that the Finder Earn product was provided without the necessary license or authorization and as a result did not come with crucial consumer protections. […]
SEI Token Price Jumps 20% In Bull Market Resurgence, What’s Ahead?
SEI Token, the native cryptocurrency of the Layer-1 blockchain network Sei, has been showing a strong recovery jumping 20% in the last 24 hours and reaching $0.75 once again. Amid the altcoin bull run, the SEI token price has surged 170% over the last month. The SEI Token Rally Sei (SEI), the native token of […]
BlackRock & Grayscale Bitcoin ETF Reserve Gap Narrows To 50K BTC
In a dramatic turn of events, the race for Bitcoin supremacy among ETF issuers has heated up. BlackRock’s iShares Bitcoin Trust (IBIT) is edging closer to matching Grayscale’s Bitcoin Trust (GBTC) holdings with less than 50K BTC to cover. The narrowing gap can be attributed to the constant outflows of GBTC and consistent inflows into […]
Binance Lists Gaming Token XAI, Price Rallies 7%
On Tuesday, January 9, 2024, Xai (XAI) was listed on Binance, the largest crypto trading platform globally. Earlier, the project was introduced as the 43rd Launchpool on the crypto exchange, which concluded on Monday. After being listed on Binance, the XAI price gained nearly 7% and attained an all-time high. Xai, as the first Layer […]
Top Memecoins Outpacing The Market Today
The crypto market regained momentum with top assets and memecoins soaring after periods of liquidations sparked by macroeconomic factors. Memecoins have market significant activity in the last 24 hours with several assets outpacing the wider cryptocurrency market. The memecoin frenzy which saw several assets rally to new highs might be over but some tokens have […]
Bitcoin Price Above $46000 Brings 90% Addresses in Profit, Is $60k Next Target?
The Bitcoin price regains momentum as market confidence towards the approval of Spot Bitcoin ETFs continues to grow. On January 8th, the U.S. Securities and Exchange Commission (SEC) rapidly reviewed and provided feedback to several companies proposing spot Bitcoin exchange-traded funds (ETFs), just hours after these firms submitted their fee structure documents. This quick response […]
BlackRock Bitcoin ETF Outpaces GBTC Outflows With $192M Influx
Amid the resurgence in inflows, Blackrock’s IBIT Bitcoin ETF is gaining traction, outpacing the outflows from Grayscale Bitcoin Trust (GBTC). Meanwhile, the Spot Bitcoin ETFs registered a positive flow for the second consecutive day after a weak start this week. The 11 BTC ETFs accounted for a total influx of $91.3 million. BlackRock Bitcoin ETF […]