As the window for spot Bitcoin ETF approval shrinks to 36 hours, market participants exhibit contrasting strategies. Bulls favor a breakout in Bitcoin and Ethereum price, while bears anticipate a correction triggered by the “sell-the-news” narrative, potentially preceding a longer-term upward trend. Ethereum Price Trend Continuation Depends On Critical Support Levels Although buoyant, Ethereum price stalled close to […]
Crypto Rally: Whales Accumulate 1 Bln DOGE & Trillions Of SHIB, Bull Run Ahead?
In a dynamic crypto landscape, significant DOGE and SHIB transactions by crypto whales are catching the attention of investors worldwide. Recent moves involving large quantities of Dogecoin (DOGE) and Shiba Inu (SHIB) have spurred intrigue, reflecting a surge in confidence within the volatile meme coin segment. Meanwhile, as the broader crypto market experiences a bullish […]
Blockchain Association CEO Addresses Sen. Warren’s Hiring Concerns
The Blockchain Association has responded to Senator Elizabeth Warren’s intensified scrutiny over the hiring practices within the crypto sector. This response comes on the heels of Senator Warren’s allegations last month, suggesting that hiring former defense and law enforcement officials by the Blockchain Association and similar groups was an attempt to undermine legislative efforts. These […]
Crypto Hackers Lure Ethereum, Solana & Tron Communities Into Airdrop Scam
Wallet drainers have now started targeting Ethereum (ETH), Solana (SOL), and Tron (TRX) communities to execute phishing scams. Earlier, they focused on conducting crypto scams via EVM chains. However, the trend has changed after they expanded their reach into well-established crypto groups. Also Read: Crypto Scam: Trading Platform Coinspaid Might be the Latest Victim Overview […]
Solana Price Prediction: Is a Breakthrough Above $120 Imminent?
Solana price analysis shows a bullish trend for the SOL token, currently positioned above the crucial $100 mark, a significant support level for investors. Following a temporary decline, the market has seen a resurgence in buying activity, propelling SOL’s value. The latest trading value of Solana price is $101, witnessing an impressive surge of over […]
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 […]
Breaking: BlackRock And VanEck Files Updated S-1 For Spot Bitcoin ETF Approval
BlackRock and VanEck on Tuesday submitted updated S-1 forms to the U.S. Securities and Exchange Commission (SEC) to approve their spot bitcoin ETF. The wait for approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. could come to an end this week finally, as the SEC is likely to declare S-1s as effective by […]
Fantom Founder Andre Cronje Reflects On Bitcoin & Ethereum’s State Bloat Problem
Fantom co-founder Andre Cronje, known as the godfather of decentralized finance (DeFi), further raised concerns over probabilistic finality in blockchains including Bitcoin and Ethereum as the market sees expanding use cases and adoption in traditional finance. He said Fantom has already solved state bloat as Ethereum developers look to solve state bloat in the chain. […]
Bitcoin Open Interest Hits ATH On CME Amid Spot ETF Anticipation
In a remarkable surge, the total Bitcoin Futures Open Interest (OI) has reached new heights, setting the stage for a potential revolution in the cryptocurrency market. Meanwhile, Coinshares Head of Research, James Butterfill, recently shared a pivotal chart on the X platform, emphasizing that the Total Bitcoin futures contracts on the CME have hit an […]
Spot Bitcoin ETFs Preparing To Start Trading By Thursday Morning: Report
The wait for approval of spot bitcoin exchange-traded funds (ETFs) in the U.S. could come to an end this week finally, according to a report citing three people close to the matter. Spot Bitcoin ETFs could get regulatory approval from the U.S. SEC on Wednesday, with more than one fund preparing to launch trading on […]