In a significant gust of developments witnessed within Shiba Inu’s ecosystem recently, the launch of KNINE, an LSD (Liquid Staking Derivatives) token, appears to be gaining noteworthy traction among crypto market enthusiasts across the globe. In a post shared by Shiba Inu’s marketing lead, LUCIE, on X today, the community member drew attention to the […]
XRP Whales Shuffle 118 Mln Coins As Price Nears $0.7, What’s Next?
In an exciting turn of events, following a remarkable month witnessed by XRP as its price soared nearly 30%, a noteworthy rise in whale activity appears to be piquing the interest of crypto market traders and investors globally. This burgeoning whale activity hovering over the crypto horizon, while the Ripple-backed token continues to pave its […]
Bitcoin Daily Inflows Surge to Two-Year High, BTC Price Surge to $83,000 Likely
Bitcoin (BTC), the world’s largest cryptocurrency, maintains its market strength, firmly holding above the $72,000 mark. Investor sentiment remains robust as the Bitcoin price continues its ascent to new highs. Bitcoin Daily Inflows Highest Since 2021 According to Bitcoin analyst Willy Woo, daily capital inflows stored by the Bitcoin network have reached $2 billion per […]
Avalanche Price Rally Eyes $90 As Buyers Clear 600-day Resistance
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 […]
Bitcoin Leveraged Bets Surge Amid Strong Demand for Bitcoin Futures ETFs
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 […]
Crypto Prices Today March 13: Bitcoin At $72K, Ethereum At 4000, Pepe Coin & Toncoin Surge
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 […]
CPI Report Reaction: Market Bets on Fed Rate Cut Fall As US Inflation Climbs
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, […]
Bitcoin ETF: SEC Declares First Trust’s Application “Abandoned”
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 […]
Breaking: Coinbase Unveils Plans To Offer $1B In Convertible Senior Notes
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 […]
Solana Tensor Foundation Plans Release of TNSR Governance Token
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 […]