Recently, two market experts have made bold predictions regarding the future price of Ethereum, with one expert even suggesting that the second-largest cryptocurrency could skyrocket to $100,000. These predictions go against conventional expectations but are aligned with some forecasts made by major financial institutions. Ethereum maximalist, Adriano Feria, made headlines by predicting that Ethereum could
Recent data shows that the nine spot Ethereum ETFs in the US experienced net outflows amounting to $77.21 million on Wednesday. This marks a significant reversal from the previous day’s positive trend. These outflows coincide with Ether’s price dropping below $3,200. Notably, the Grayscale Ethereum Trust (ETHE) recorded a massive $133.33 million in net outflows
Manchester United has taken a bold step by becoming the first Premier League club to introduce player trading cards and the Fantasy United game for the 2024/25 season on the Tezos Blockchain. This revolutionary move allows fans to collect cards featuring their favorite first-team players, build squads, and participate in a cutting-edge Web3 fantasy football
In the first two quarters of 2024, meme coins experienced a surge in popularity, with many investors jumping on the bandwagon. However, recent data indicates that the market has cooled off significantly since the spring. While a few lesser-known meme coins such as doginme, Kimbo, Turbo, Dogelon Mars, and Coq Inu have seen gains ranging
The Wanderers Open Beta has arrived on the Epic Games Store, offering players a chance to delve into a unique gaming experience. This game combines ever-changing, generated worlds with innovative deck-building mechanics to create a fun and strategic gameplay environment. Unlike traditional games, Wanderers challenges players to explore virtual worlds filled with enemies and challenges,
In a recent X post, hedge fund manager James Lavish made a bold prediction that Bitcoin could potentially rise to $428,000. This prediction is based on the premise that Bitcoin will account for 1% of the $900 trillion investment assets worldwide. Lavish believes that once Bitcoin captures a larger market share, it could experience a
Recent developments in the cryptocurrency market have brought about heightened volatility, impacting investor sentiment across the board. Bitcoin (BTC) experienced a notable price surge, reaching nearly $70,000 on July 29, only to see a sharp decline below $66,000 the following day. Currently, BTC is trading around $66,300, according to CoinGecko’s data. This market correction was
XRP has seen a significant surge in its price, climbing to $0.66 on Wednesday, marking an 8% increase over the past 24 hours. This surge comes amidst important developments in the XRP ecosystem and renewed investor optimism in the market. One key factor contributing to this upward price action is the growing accumulation trend among
The Elliot Wave theory has gained popularity among Bitcoin analysts for its ability to provide insights into the potential future direction of the cryptocurrency’s price. One pseudonymous crypto analyst, XForceGlobal, recently utilized this theory to make predictions about the Bitcoin price. In their analysis on TradingView, they applied the 5-wave Elliot Wave theory to forecast
The Bahamas Securities Commission recently unveiled the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) in response to the collapse of FTX nearly two years ago. The passage of this new legislation signals a commitment to providing regulatory clarity for the digital assets industry in the country. Christina Rolle, the executive director of the
Cardano (ADA) is currently showing signs of a potential inverted hammer formation on its weekly chart. This pattern typically indicates a shift from bearish to bullish momentum, with buying pressure overcoming initial selling. However, confirmation of this trend reversal is essential, with the need for a subsequent bullish candle to solidify the pattern. Despite this
In a recent interview, pseudonymous trader and analyst Roman made a bold prediction regarding the future of the ETH price, advising investors to lower their short-term expectations. Roman expressed his belief that Ethereum may not perform well in the upcoming months due to Bitcoin dominating the market and altcoins trading sideways. He indicated that a
Jonathan Mann, a prolific songwriter known for his daily compositions over sixteen years, along with conceptual artist Brian L. Frye, has taken legal action against the US Securities and Exchange Commission (SEC). The lawsuit questions whether NFTs, specifically those representing digital art, should be regarded as securities under US law. Mann protested by stating, “This
Doodles has recently introduced their Super Pass for DoodlesTV, now available for minting on Coinbase’s Base–an Ethereum layer-2 scaling network. This marks a significant milestone in Doodles’ transformation from a collection of NFTs to a comprehensive Web3 entertainment company. DoodlesTV, the latest addition to The Stoodio at the Doodles site, utilizes Web3 technology to revolutionize
Recently, Cardano (ADA) has experienced a significant surge in Exchange Traded Product (ETP) inflows, with institutional investors playing a crucial role in this unexpected development. CoinShares, a prominent firm in the crypto ETP industry, released a weekly report on digital asset fund flows. According to the report, digital asset investment products saw an inflow of
Samuel Edyme, also known by his nickname HIM-buktu, is not your typical web3 content writer. His journey into the realm of crypto was far from conventional, starting with a Ponzi scheme that led him down a path of self-discovery and resilience. Despite facing setbacks and challenges, Edyme emerged as a seasoned trader and insightful market
BlackRock, one of the largest asset managers in the world, has made it clear that they currently have no plans to launch a Solana (SOL) ETF in the near future. This decision comes despite the tremendous success of their Bitcoin and Ethereum spot ETFs that were launched earlier this year. BlackRock’s Chief Investment Officer, Samara
In today’s rapidly evolving financial landscape, transparency is key when it comes to investments in the crypto market. Recently, 21Shares, a part of 21Shares AG, made an important announcement regarding the integration of Chainlink Proof of Reserve on the Ethereum mainnet. This move highlights the company’s commitment to improving transparency in its offerings, particularly the
Goldman Sachs CEO David Solomon recently expressed his belief that Bitcoin could potentially serve as a store of value similar to gold. While Solomon acknowledged the value of Bitcoin, he maintained a cautious stance towards the digital asset. In a CNBC interview, he emphasized that he does not see Bitcoin as a practical investment due
The US Securities and Exchange Commission (SEC) has announced its plans to amend the original complaint against Binance, a prominent cryptocurrency exchange platform. This move by the SEC could potentially eliminate the need for the court to make a decision on tokens that were previously categorized as securities. The joint filing, which was made public
Shiba Inu, a popular meme coin, experienced a 3% price dip amidst a substantial plunge in the cryptocurrency market. This drop was largely attributed to the US government’s decision to move $2 billion worth of bitcoin holdings to a new address, potentially signaling a sale. However, despite this initial setback, there are indicators suggesting a
The decentralized exchanges (DEXs) have reached a milestone with their highest-ever trading volume compared to centralized exchanges (CEXs). Uniswap founder Hayden Adams pointed out this significant achievement, emphasizing that the DEX market share is currently at an all-time high in relation to CEXs. This trend is supported by a chart from The Block, illustrating the
The U.S. Securities and Exchange Commission recently announced a pause in its allegations that native crypto assets of Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities in the ongoing lawsuit against Binance. This move comes as a significant development in the crypto space, as these assets have faced intense scrutiny and potential delistings
The Bitcoin open interest serves as a crucial indicator of investor sentiment towards the cryptocurrency market. When the metric hits a new all-time high, it can have significant implications for the future of Bitcoin. Recently, the open interest reached a record level, surpassing $39.5 billion, signaling increased interest from traders. While this may seem like
Ripple’s XRP has shown significant volatility in its price movement in the past few weeks. Starting below $0.40, it quickly rose to over $0.63 before retracing below $0.55. Currently, it has consolidated around $0.60, showing signs of uncertainty in the market. One user pointed out the tight Bollinger Bands, indicating a potential large price movement
Cryptocurrency enthusiasts have been closely monitoring Ethereum, the second-largest cryptocurrency by market capitalization, as it begins to show signs of a bullish trajectory. According to insights from CoinSignals, a leading crypto analysis platform, Ethereum is on track for a substantial price rally. The platform suggests that Ethereum could potentially reach a price range between $12,000
Fight League Survivor offers players an exhilarating experience as they confront the formidable Icharid Covenant in an action-packed and survival game. Set against the backdrop of Bastion, players take on the role of liberators fighting to free besieged worlds and save brainwashed warriors from the clutches of the Icharid Covenant. The game is known for