AVAX Price Prediction: AVAX, the cryptocurrency of layer one blockchain witnessed a notable inflow within a week, highlighted by two long green candles in the daily chart. This upswing recorded 33% and surpassed the neckline resistance of the cup and handle pattern at $50. This breakout signals the buyer’s escape from two years-long accumulation and […]

As the Bitcoin price attempts new all-time highs, there’s been a surge in demand for investment vehicles offering leverage exposure to BTC. Leveraged futures-based exchange-traded funds, like VolatilityShares’ 2x Bitcoin Strategy ETF (BITX), are experiencing inflows comparable to those of spot Bitcoin ETFs. Data from K33 Research indicates that the fund attracted $630 million in […]

The top crypto prices today registered a mixed action as the Bitcoin (BTC) price sustained the $72,000 level after attaining a peak at over $72,850. In addition, the Ethereum price soared above the $4,000 mark. Meanwhile, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) experienced volatility. Major Crypto Prices Today The Bitcoin price […]

Market speculations on how the Fed rate cuts will be rolled out this year have been dwindling since the release of today’s CPI data. A hotter-than-expected inflation print has kept market sentiments under pressure, raising concerns about the interest rates will stay higher for longer. US CPI Comes Hotter Than Expected As CoinGape previously reported,  […]

After several months of lying fallow, First Trust SkyBridge Bitcoin ETF has been declared “abandoned” by the United States Securities and Exchange Commission (SEC). Abandoned ETF Application According to the screenshot shared by senior Bloomberg ETF analyst Eric Balchunas, on March 12, 2024, the U.S. SEC officially ordered that the registration statement for spot Bitcoin […]

American cryptocurrency exchange Coinbase Global Inc. is planning to explore convertible senior notes as the new means of raising funds. The Coinbase Convertible Senior Notes Coinbase hinted at its plan to offer up to $1 billion in convertible senior notes which would be due in 2030.  Per Coinbase’s plan, the notes will be put up for […]

The Solana-based NFT marketplace, Tensor, managed by the Tensor Foundation, is gearing up to launch a governance token named TNSR. The announcement was made public by the foundation of this through a post on a social media platform with generated curiosity among the communities of cryptocurrency and NFT. The shift is in line with the […]

Altcoins To Buy: The Bureau of Labor Statistics of the Labor Department reported the latest inflation data in the US, suggesting that the economy is in for a longer than expected wait for lower interest rates. According to the Consumer Price Index (CPI) report, inflation increased 0.4% in February and subsequently by 3.2% starting a […]

The United States Attorney’s Office in Chicago, Illinois, disclosed the seizure of approximately $1.4 million in Tether (USDT). The funds were allegedly linked to a fraudulent scheme involving customer support scams. The operation was a joint effort between the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and Tether. The cryptocurrency company played […]

In an interview celebrating the 35th anniversary of the World Wide Web, Tim Berners-Lee, the man credited with creating the Internet architecture that transformed digital communication, discussed the future of the Web. His estimates focus on the possible change of the internet influenced by the developments in artificial intelligence (AI), virtual reality (VR), and the […]