As Ethereum prepares for the upcoming Dencun upgrade to improve scalability, there is a sense of anticipation in the crypto community. However, recent analysis from QCP Capital has revealed a concerning trend regarding risk reversals for Ethereum. The shift towards negative risk reversals for upcoming expiries hints at growing apprehension among investors about a potential
Ethereum (ETH) recently underwent a significant software upgrade named Dencun, aimed at improving the efficiency and cost-effectiveness of the network ecosystem. This upgrade, particularly focused on Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base, has resulted in a substantial reduction in transaction fees, making it more affordable for users to interact with the
Samson Mow, the CEO of Jan3 and known Bitcoiner, has made a bold prediction that Bitcoin could skyrocket to $1 million in the near future. In a recent interview with ‘What Bitcoin Did’ Host Peter McCormack, Mow reiterated his belief that BTC will reach this milestone either by the end of this year or by
Arbitrum, a layer-2 blockchain network, recently revealed their Gaming Catalyst Program (GCP) on March 12. This initiative aims to boost and improve the development of Web3 games on the Arbitrum network. The program has requested an allocation of 200 million ARB tokens, valued at approximately $426 million, to be distributed over a two-year period. This
The recent surge in NEAR Protocol has caught the attention of the crypto community, with traders eyeing a potential target price of $8. After experiencing a minor retracement, NEAR Protocol is currently trading at $7.85, showcasing a 24-hour change of -2.8%. The rapid ascent in price, with a 70% increase out of consolidation above $5.15,
The cryptocurrency market is currently buzzing with excitement as Ethereum strives to solidify its position above the $4,000 level. Analysts, such as Ali Martinez, are optimistic about Ethereum’s future, suggesting that the digital asset could potentially surge to $5,000 in the near future. Martinez’s analysis, based on data from IntoTheBlock, indicates that Ethereum still has
In the midst of the ongoing meme coin frenzy within the cryptocurrency markets, a new player has emerged in the form of the Solana-based LAMBO token, which has seen an incredible surge of +69,420% in its price. The token, inspired by the famous crypto meme ‘Wen Lambo?’, has garnered significant attention and excitement within the
The recent surge in the price of Bitcoin has led to a significant increase in profit for the majority of BTC holders. However, this rise has also seen large whales, who hold at least 1,000 BTC in their wallets, taking the opportunity to cash out some of their holdings. Crypto analyst Ali Martinez highlighted this
Ethereum (ETH) has been on a rollercoaster ride lately, with its price soaring past the $4,000 mark for the first time since December 2021. This has left investors both excited and cautious about the future prospects of the world’s second-largest cryptocurrency. The recent surge in price has led to a flurry of bullish predictions, but
The recent surge in Bitcoin’s value beyond the $73,000 mark has been fueled by notable players in the financial realm, specifically BlackRock and MicroStrategy. BlackRock, a titan in asset management, made headlines by filing with the SEC to incorporate spot Bitcoin ETFs into its Global Allocation Fund. This move has sparked hopes for increased demand,
Recently, CryptoQuant founder Ki Young Ju expressed concerns about the continuous influx of capital into spot Bitcoin ETFs. He warned of a potential sell-side liquidity crisis within six months if this trend persists. Ju emphasized that bears will not be able to win this game until the inflow of spot Bitcoin ETFs stops. In the
The rise of NFTs has taken the digital world by storm, with blockchain platforms like Solana at the forefront of this revolutionary technology. One player that has emerged as a major contender in the Solana NFT marketplace is the Tensor Foundation, with its ambitious plans for the TNSR token. By leveraging the potential of NFTs
The game development studio Studio369 has recently made headlines by securing a significant amount of funding – $5 million to be exact. This financial boost will pave the way for further development and enhancement of their highly anticipated open-world PvP mech combat game, MetalCore. With MetalCore already in development for three years, the additional funding
The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is set to revolutionize Layer 2 (L2) networks with significant cost reductions and notable changes. Scheduled for March 13, this update will introduce a new data storage system known as blobs, promising to reduce congestion on the Ethereum network and drive key new features across
Bitcoin mining earnings have recently reached an all-time high, reflecting the ongoing surge in the value of the leading cryptocurrency. According to data compiled by CryptoQuant, miners raked in a daily revenue of $78.6 million on March 7, surpassing the previous record set during the peak of the crypto boom in April 2021. This surge
Coinbase recently made headlines by announcing its plan to launch a $1 billion bond offering aimed at raising funds for its growth and expansion. The offering, comprised of unsecured convertible senior notes maturing in 2030, provides investors with the opportunity to convert their holdings into Coinbase shares or cash at the time of maturity. This
Thailand’s Securities and Exchange Commission (SEC) recently made a significant change to its regulations, allowing for the creation of private funds that can invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. This new opportunity is, however, limited to institutional investors and high-net-worth individuals. The decision to permit asset management firms to oversee
Scotty the AI (SCOTTY) is a new AI-integrated blockchain security coin that has generated a lot of buzz in the crypto community. With a unique combination of meme coin culture and AI-powered blockchain threat detection, Scotty aims to offer both entertainment and utility to its users. The project recently concluded its presale, raising $7.7 million,
Recently, Tether collaborated with the US Department of Justice and the Federal Bureau of Investigation (FBI) to seize $1.4 million USDT associated with a tech support scam network. The fraudulent scheme targeted vulnerable elderly individuals through deceptive pop-up advertisements, leading them to seek assistance from supposed tech support. Victims were then coerced into converting their
Bitcoin’s recent surge past $70,000 has left many experts analyzing its potential future growth. According to Rekt Capital, historical patterns indicate that Bitcoin tends to reach its peak around 518-546 days after a halving event. However, the current cycle seems to be accelerating, with a potential deviation of around 260 days. This suggests that the
The recent rise of Near Protocol by 3% in the past 24 hours brings its price to $7.18, showcasing a noteworthy 63% gain over the course of a week. Moreover, with a substantial increase of 127% in the last 30 days, it has outperformed various other major tokens in the market. This surge in the
In the past 24 hours, Litecoin (LTC) has witnessed a modest 1% gain, reaching a price of $96.44. This increase marks a notable 21% surge over the past week and a significant 33% rise in the last 30 days. However, despite these positive developments, LTC has only appreciated by 40% over the past year, indicating
The Nigerian government recently obtained a court warrant to detain Binance officials for at least twelve days after they insisted they should be taken to their respective countries’ embassies, according to local media outlet Premium Times. The government accused Binance of exacerbating the country’s foreign exchange challenges by manipulating rates for profit, leading to restrictions
Despite facing a 5% decrease in the past week, Cardano (ADA) remains strong and resilient with a current price of $0.75. The 24-hour trading volume stands at $1.14 billion, while the market capitalization is at $24 billion. Analysts like Sssebi are optimistic about ADA’s future, highlighting significant green candles on the weekly charts and a
Ethereum (ETH) has been on a significant price growth trajectory, surpassing the $4,000 level for the first time since December 2021. This surge in price, with a monthly increase of 60%, has caught the attention of many investors and analysts who believe that the rally could continue in the near future, potentially leading to a
The recent surge in Bitcoin’s price has coincided with a significant increase in interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs). According to Matt Hougan, Chief Investment Officer of Bitwise Asset Management, approximately $20 billion has flowed into the market since the launch of 10 new spot Bitcoin ETFs in mid-January. This influx of
In a groundbreaking achievement, Bitcoin has once again made headlines by surpassing the $71,000 mark, solidifying its position as the digital equivalent of gold. This milestone comes as Bitcoin’s market capitalization surpasses that of silver, further establishing its dominance in the digital currency space. The rapid rise in Bitcoin’s value has been a consistent trend