In a noteworthy gust of developments, the crypto realm appears to be marking a tempest of strides as this week ends. With the recent inception of spot Bitcoin ETFs within the broader crypto market, market sentiments appear to be taking an exciting turn. Whereas, Binance, a crypto exchange prominency, issued several substantial notices for its […]
Bitcoin’s Maintains Lukewarm Performance Amid S&P 500 Record High
In the current financial climate, experts have noted that the Federal Open Market Committee (FOMC) is expected to maintain steady interest rates. The meeting is scheduled for January 30 and 31. The Fed is reportedly maintaining the status quo due to recent economic data that has been better than expected. Bloomberg analysts note that the […]
PulseChain’s TVL Doubles in 7 Days; What is Up With the Ethereum Fork?
PulseChain, an Ethereum fork, has surpassed the Total Value Locked (TVL) of $403 million. The growth has positioned it as the 11th largest in terms of TVL, according to DefiLlama. PulseChain houses 34 protocols and has seen a TVL increase of 110% over the past week. Source: DefiLlama PulseX is the largest protocol on PulseChain. It […]
Dogecoin Rises 9%: Is X’s Dedicated Payment Page Fueling the Surge?
Dogecoin (DOGE), the cryptocurrency often promoted by tech mogul Elon Musk, has witnessed a significant 9% surge in value. This increase coincides with the announcement of a new “Payments” account by Musk’s company X, sparking discussions in the financial and cryptocurrency communities about the potential influence of this development on Dogecoin’s recent performance. Dogecoin’s Price […]
Cardano (ADA) Whale Transactions Soars 11%, Is ADA Pump Ahead?
In a shocking twist, Cardano (ADA) has joined the few altcoins in the top 10 of assets by market capitalization leading the charge in terms of bullish price surge. Cardano price and on-chain outlook Cardano price is currently changing hands for $0.5143, up by 3.6% in the past 24 hours. This growth, though mild, far […]
Bitcoin Hash-Rate Hits an All-Time High, Is a Rally Impending?
The Bitcoin network has recorded an all-time high hash rate exceeding 500 exahashes per second. This growth signals a robust increase in the computational power securing the blockchain. Essentially, the hash rate measures the processing power committed to Bitcoin’s network, indicating the number of complex calculations the system can perform per second. Significance of the […]
GBTC’s $2.2B Outflow Triggers Bearish Sentiment In BTC, ETH Options
The broader digital currency ecosystem remains on edge as market bulls fight to prop up Bitcoin (BTC) and Ethereum (ETH) prices amid Grayscale’s $2.2 billion GBTC outflows and conflicting Options data. Is Bitcoin (BTC) and Ethereum (ETH) Bottom In? At the time of writing, the duo of Bitcoin and Ethereum brandishes slightly conflicting price outlooks […]
Ethereum Price Prediction: Will $2400 Hold or Fold Amid Current Market Downturn?
Ethereum price prediction: ETH has been on a remarkable upward trajectory within an ascending parallel channel since October 2023. The Ethereum price has recently achieved a significant milestone, touching a value of $2,467. This marks a subtle yet noteworthy 2.78% increase in just 24 hours, reflecting a market sentiment. The trading volume has also surged, […]
Ethereum (ETH) Upside, Bitcoin (BTC) ‘Max Pain’ Ahead: Analyst
Cryptocurrency analysts are currently divided on the future trajectory of Bitcoin (BTC) in relation to Ethereum (ETH), its closest counterpart in market capitalization ranking. One prominent analyst, known by the handle @hedge__x on X has predicted that Bitcoin’s price will experience an upward trajectory in the current market cycle. However, the forecast comes with a […]
Crypto Scam: Group Conducting Fake Crypto Transactions Busted in India’s Odisha
Crypto scams have been on a steady rise in India. In one such incident, police in the Indian state of Odisha busted a gang of people who were involved in fake cryptocurrency transactions, according to local media reports. The scam has occurred at a time when the Indian government is trying to intensify scrutiny over […]