The current state of the Ethereum market shows some weakness, with prices tumbling approximately 15% from March 2024. However, despite this downward pressure, on-chain data points to a more bullish sentiment. One key factor contributing to this positive outlook is the increased demand for ETH from permanent holders, who are most likely institutions with deeper
Crypto analyst TechDev has recently shared insights into the future trajectory of Bitcoin. According to TechDev, Bitcoin has not yet reached its full potential in this market cycle. The analyst suggested that more price surges are on the horizon for the flagship cryptocurrency. TechDev pointed out in a post on X (formerly Twitter) that Bitcoin
The Bitcoin options market is currently experiencing an expiry event involving around 20,000 options with a notional value of $1.35 billion. Despite the significant value of these options, the impact on the market is expected to be minimal due to the relatively smaller size of today’s expiry event. However, traders are closely watching a future
The cryptocurrency market has been experiencing sideways movement recently, with Bitcoin unable to decisively break past the $67K mark. Despite attempting to surpass $68K, the price faced resistance from sellers, resulting in a 1% loss over the past 24 hours. The volatile nature of the market has led to the liquidation of over $110 million
STORM Partners recently made waves in the crypto space with the announcement of their new initiative, Lightningbox, during the Web3Fest event in Switzerland’s “Crypto Valley.” This initiative aims to revolutionize the way large enterprises in Europe harness the power of blockchain technology to drive their digital transformation efforts. The Lightningbox initiative seeks to create a
In a recent interview on the Thinking Crypto podcast, Charles Hoskinson, the founder of Cardano, revealed the disappointing truth behind the rumored partnership with tech mogul Elon Musk. Despite numerous attempts to reach out to Musk’s companies, including offering free work to combat issues with bots on the platform formerly known as Twitter, Hoskinson expressed
The IOTA Foundation’s Web3 Identification Solution has been selected for the European Blockchain Sandbox program, marking a significant milestone in the evolution of Know-Your-Customer (KYC) processes and privacy in the Web3 space. This decision underscores the importance of addressing regulatory concerns surrounding KYC and privacy, especially as decentralized finance (DeFi) continues to attract regulatory scrutiny.
Blockchain analytics platform Bubblemaps recently made headlines by alleging insider trading activity in meme coin projects associated with prominent figures like Andrew Tate and Iggy Azalea. These allegations have sparked a discussion within the crypto community about the ethics of such practices and their impact on the market. Bubblemaps detailed the alleged insider trading activities
Recently, several major retail companies in South Korea, including Lotte and Hyundai, have made the decision to bow out of the non-fungible token (NFT) market. This move comes as a response to a noticeable slowdown in the NFT industry, prompting these companies to redirect their focus and resources back towards their core business operations. Lotte
Coinbase recently voiced its objection to the SEC’s $2.6 billion budget request for the 2025 fiscal year. The cryptocurrency exchange criticized the SEC for allocating a significant portion of the budget, $812.4 million, to enforcement rather than towards creating regulatory clarity. Coinbase argued that the SEC’s heavy focus on enforcement does not benefit the crypto