Bernstein, a global asset management firm, recently expressed confidence in the approval of an Ethereum Spot ETF by the US Securities and Exchange Commission (SEC). The analysts at Bernstein, Gautam Chhugani and Mahika Sapra, believe that Ethereum has a strong chance of being the second digital asset after Bitcoin to receive a Spot ETF approval
Wall Street Memes has recently implemented a major new burn mechanism that has set ablaze 5% of the $WSM token supply. This move marks the beginning of an exciting deflationary force in the dynamics of the $WSM token. Originally, developers had planned for a 10% buyback of Net Gaming Revenue, but they have now shifted
Renowned crypto analyst Michaël van de Poppe has made a bullish prediction for Ethereum, suggesting that it could soar to $4,500. Van de Poppe believes Ethereum is soaking up Bitcoin’s upward momentum as investment capital shifts to ETH. According to the analyst, this is a “massive period to be rotating from Bitcoin towards Ethereum.” The
Cryptocurrency enthusiasts were in for a rude awakening when news broke about a fake Rabby Wallet app infiltrating the iOS App Store. What was supposed to be an exciting launch of the beta version of Rabby Wallet’s mobile app turned into a nightmare for many users. Reports started surfacing about individuals losing their entire crypto
In a groundbreaking sale that has caused waves in both the blockchain and art communities, a complete set of 10 Autoglyphs recently changed hands for a remarkable 5,000 ETH. This purchase, valued at around $14.6 million, has set a new record for the highest NFT sale in the last two years, making it the fifth-largest
Ethereum has recently broken through the $2,900 level, showcasing a strong surge in price over the past 24 hours. While Bitcoin has been experiencing a sideways trajectory, Ethereum has taken its own path, surging almost 4% in a day. This push has brought Ethereum to touch the $2,900 mark for the first time since May
In a recent strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation. This decision, revealed during a press conference on Feb. 19, aims to explore the possibility of postponing the commencement
The Bitcoin open interest has experienced a significant surge in recent weeks as the price of the cryptocurrency continues to climb. This spike in open interest is a clear indication of the growing interest in Bitcoin, particularly following the approval of Spot Bitcoin ETFs for trading by the SEC in the United States. As per
Recently, the popular cryptocurrency exchange Binance made an announcement regarding the discontinuation of trading and subscription services for its leveraged token offerings. This decision affects tokens such as Bitcoin, Ethereum, and BNB Coin, with the deadline set for Feb. 28. The exchange plans to delist these tokens and stop redemption by April 3. Among the
As the cryptocurrency market continues to evolve, investors are constantly on the lookout for quick near-term gains. While blue-chip cryptocurrencies like Bitcoin may offer stability, micro-cap markets present an opportunity for exponential growth in a short period of time. These markets are often characterized by tokens with small market capitalizations and limited liquidity, making them