The price of Ethereum (ETH) has skyrocketed to over $3,100, marking a significant increase in value. This surge comes at a time when other major cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and Cardano (ADA), have either remained stable or experienced minor losses in the past 24 hours. One of the main reasons behind ETH’s rally
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The recent approval of Binance’s guilty plea and the $4.3 billion settlement deal for breaching anti-money laundering (AML) and sanctions laws by a U.S. federal judge has sent shockwaves through the cryptocurrency industry. The U.S. Department of Justice (DOJ) had been investigating Binance over the past few years, alleging violations of the Bank Secrecy Act
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Bitcoin’s price surge from under $20,000 to over $50,000 since June 2023 has been attributed to the anticipation and approval of spot Bitcoin ETFs in the United States. While institutional investors have shown great interest in Bitcoin, retail traders have not fully joined the market. The question now arises whether the arrival of retail investors
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The price of Ethereum has been on an upward trajectory since the beginning of 2024, showing a significant increase of over 30% in less than two months. Recent on-chain data indicates that ETH investors are feeling more confident in the market, suggesting that the rally in Ethereum’s price may continue. An analyst on CryptoQuant’s Quicktake
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