The U.S. Securities and Exchange Commission (SEC) has recently announced that it will be extending the deadline for making a decision on Fidelity’s proposed spot Ethereum ETF. Originally scheduled for a decision by January 20, the SEC has chosen to use a provision that allows it to extend the deadline by 45 days, making the
Renowned macroeconomist Henrik Zeberg has recently sent shockwaves through the financial world with his bold forecast regarding X (formerly Twitter) and the Bitcoin price. Zeberg predicts a meteoric surge in the value of Bitcoin, projecting it to reach a peak of $115,000 to $150,000. However, this remarkable rise is predicted to be short-lived, as it
As the gaming world evolves and embraces Web3 technologies, the adoption and utility of NFTs have become paramount. Nifty Island, a social multiplayer game for NFT holders, is at the forefront of this revolution. Recently, the platform launched its open beta, inviting gamers and NFT enthusiasts to experience the next level of immersive gaming. Play-to-Airdrop
In the midst of the explosive trend in DEX-traded tokens, one particular coin has caught the attention of crypto enthusiasts: Hoppy Token. This lesser-known coin experienced a sensational pump, with prices skyrocketing by an astonishing +94,530% in a matter of hours. However, this rapid surge was followed by a quick sell-off, triggering a significant price
The recent decline in Bitcoin’s price has caused speculation among investors about whether this is a short-term adjustment or a sign of a long-term trend reversal. Jurrien Timmer, Fidelity’s Director of Global Macro, weighs in on this debate and suggests that the current price movements are more likely a temporary setback rather than a long-term
Péter Szilágyi, an Ethereum (ETH) developer, has recently expressed his admiration for EIP-1559 and its innovative ETH burning mechanism. He referred to it as “the great equalizer” and highlighted the significant role it plays in leveling the playing field between validators and regular users. EIP-1559 has transformed the way users bid gas fees on the
The court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) on January 17th shed light on the ongoing legal battle between the two entities. The SEC had previously accused Coinbase of operating an unregistered national securities exchange and providing an unregistered sale and offering of securities through its crypto staking service. While
Crypto exchange Gemini has recently achieved a significant milestone by being registered as a Digital Asset Service Provider (DASP) in France. The registration, granted by the l’Autorité des Marchés Financiers (AMF), the French financial markets regulator, allows Gemini to cater to retail and institutional customers in France. This regulatory approval opens up opportunities for Gemini
The crypto market is buzzing with positivity as Ethereum, the second-largest cryptocurrency by market cap, has witnessed a surge in dominance against Bitcoin. This development has led to a wave of bullish sentiments, with experts hinting at the possibility of an altcoin season on the horizon. According to renowned crypto analyst Ali Martinez, Ethereum recently
In a groundbreaking move, Napster, the renowned independent music streaming service, has joined forces with TerraZero, a virtual world technology company. This unique partnership aims to integrate immersive Napster virtual hangouts into its platform, creating an innovative way for artists and fans to interact and experience music. By breaking barriers and providing a platform for
FLUB crypto, a low-cap Solana memecoin, has experienced a significant surge in its market price, prompting experts to speculate on its future potential. The recent trend of explosive moves in DEX-traded tokens within the Solana ecosystem has garnered attention from traders and investors alike. Notable examples include 2024, SOLAREUM, Joe on SOL, BINK, BONG, MUSK,
The introduction of spot Bitcoin ETFs has not lived up to expectations. Despite significant capital flowing into these ETFs, the price of Bitcoin experienced a decline of over 5% following their approvals. In contrast, Ethereum saw an almost 8% rise over the same period, indicating its growing strength in the market. According to on-chain analytic
In the midst of a lull in the Bitcoin realm, Ethereum has emerged as a trailblazer, confidently charting its own course. While the crypto king takes a breather following its ETF approval, Ethereum is experiencing a surge in both price and dominance. Recent data from Santiment vividly illustrates Ethereum’s ascendancy, with a remarkable surge of
In a surprising turn of events, a Bitcoin miner recently found themselves on the receiving end of a significant windfall. This stroke of luck was attributed to an abnormally high fee paid by one of the network’s users. The transaction in question involved a staggering 4 BTC, equivalent to approximately $172,000. However, upon closer examination
When it comes to Cardano (ADA), this year is shaping up to be nothing short of “massive,” according to a crypto analyst. By examining historical data, the analyst suggests that ADA has the potential to replicate the impressive run it experienced in the past, where it saw a staggering gain of 8,288% following a period
PEPE, the meme coin, has been facing significant selling pressure lately, leading to a decline in its price. Large investors have been unloading their holdings, causing the reserves on exchanges to rise to 40.59% of the total supply. This surge in supply on exchanges has raised concerns about the future price of PEPE. Last Friday,
In a recent analysis, YouTube analyst Crypto Capital Venture delves into the potential consequences of the judge’s ruling in favor of Coinbase against the SEC. The outcome of this legal battle has the potential to ignite an altcoin run, with assets like ADA experiencing a significant surge of up to 100%. Crypto Capital Venture highlights
In a crypto market marked by volatility, Ethereum (ETH) has been gaining momentum and outperforming its long-time rival Bitcoin (BTC). The ETH/BTC ratio, which measures market sentiment between the two cryptocurrencies, has been steadily rising and bouncing back from multi-year lows. This upward trajectory suggests that investors are increasingly bullish on Ethereum’s potential relative to
Coinbase Prime, the dedicated crypto platform tailored for institutional investors, trusts, and high-net-worth individuals, experienced a significant surge in trading activity after the introduction of U.S. spot Bitcoin ETFs. A recent CryptoSlate analysis revealed that a hot wallet at Coinbase Prime has witnessed a remarkable increase in inflows, surpassing the historical dominance of Binance’s hot
Dogecoin (DOGE), the meme coin popularized by Elon Musk, has experienced a significant price correction in recent days. This correction, which has seen DOGE fall over 14% in the past 30 days, can be attributed to the dwindling market sentiment surrounding the hype generated by the approval of Bitcoin Exchange Traded Funds (ETFs), as well
Financial authorities in South Korea are growing increasingly concerned about the misuse of cryptocurrency mixers for money laundering by criminal organizations. Originally designed to protect user privacy, these mixers have become a tool for illicit financial activities. To address this issue, the Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission is considering the
In the ever-evolving landscape of the Web3 gaming industry, scams continue to pose a significant threat. Recently, a new deceitful scheme has been discovered, targeting developers and game enthusiasts. This scam employed deceptive tactics that aimed to gain the trust of potential victims. The Initial Trap It all began with a seemingly innocent direct message
Bitcoin, the pioneering cryptocurrency, has long been a topic of speculation and investment in the financial world. While its volatility has been a subject of concern for some, there are those who have a much more optimistic outlook on Bitcoin’s future. A prominent figure in the crypto trading community, Ash Crypto, predicts that the introduction
The trial between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs, along with its former top executive, has been postponed, according to a report by Reuters. The delay has been approved by the SEC due to the decision of Terraform Labs’ co-founder, Do Kwon, to attend the trial. This article will analyze the
Bankrupt lending firm Celsius has recently made a significant move in its efforts to repay creditors. Over the course of the past week, the company has transferred more than $125 million worth of Ether to various crypto exchanges. This initiative follows in the footsteps of FTX and Alameda Research, who also resumed fund transfers earlier
With the recent launch of Bitcoin ETFs and the upcoming Bitcoin halving event, investors are looking for opportunities to diversify and strengthen their investment portfolios in the crypto market. In this article, we will explore five top cryptocurrencies that offer unique models and real-world utility, making them attractive investment options for the discerning investor. Celestia:
In the wake of the recent launch of a Bitcoin ETF, the Ethereum price has been performing well. However, an unsettling development has come to light that threatens to disrupt the price movement. Celsius Network, the now-bankrupt crypto lender, has commenced its reimbursement plan to creditors, as evidenced by the movement of its ETH holdings