Crypto

Crypto enthusiasts anticipating a groundbreaking Ethereum spot ETF launch may need to temper their expectations, as Bloomberg ETF analyst Eric Balchunas suggests that the launch may not live up to the success of Bitcoin spot ETFs. Balchunas believes that the Ethereum ETFs are likely to be overshadowed by their Bitcoin counterparts, which have seen significant
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In a groundbreaking move on March 4th, 2024, an anonymous buyer shattered records with the purchase of CryptoPunk #3100 for over $16 million. This sale not only set a new benchmark for the value of CryptoPunks but also drew attention due to the unique circumstances surrounding the buyer. CryptoPunk #3100 is part of the exclusive
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The Wall Street Journal’s investigative article shed light on the questionable financial practices employed by Tether, Bitfinex, and related companies. The majority stake of both Tether and the Bitfinex exchange is owned by iFinex, a corporation established in the Virgin Islands. The article claimed that the group of entities surrounding iFinex attempted to maintain their
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After Apple announced the cancellation of the Apple Car project, the Solana meme coin market saw a surge in TESLA token traders. The excitement in the crypto market led to a 500x pump for TESLA price in less than a day. This spike in price was supported by positive sentiment following Elon Musk’s update on
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In the recent cryptocurrency market landscape, the tearaway dragon coin $SMOG made significant strides over the weekend, setting a new all-time high (ATH) of above $0.127. This substantial increase marked a bullish trajectory for $SMOG as it gained momentum during the meme season. Furthermore, the surge in price propelled $SMOG’s circulation-adjusted market cap towards the
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