The recent confirmation by VanEck Head of Digital Assets Research, Matthew Sigel, has shed light on the company’s Solana spot ETF proposal and its reliance on the outcome of the US presidential elections. With the deadline for VanEck’s application set for March 2025, the speculation is that the approval odds for the ETF are heavily
Ethereum
A crypto analyst recently discovered a new technical pattern in the Cardano price movements, suggesting the possibility of a significant rebound. This discovery has sparked optimism among investors, with some analysts speculating that Cardano may have reached its lowest point and could be poised for a comeback to $0.8. Falling Wedge Pattern Signaling a Potential
Bitcoin, once known for its around-the-clock trading accessibility, is experiencing a significant shift in trading patterns. According to a recent report by Kaiko, BTC weekend trading volumes have plummeted to historic lows, dropping from 28% in 2019 to a mere 16% in 2024. This decline is closely tied to the increasing influence of institutional investors
The Blast Network has emerged as a key player in the world of web3, offering a unique solution among the many Ethereum Layer 2 (L2) platforms. Launched by the creators of the Blur NFT marketplace, Blast Network’s mainnet, known as Blast Mainnet, was unveiled in February 2024 to tackle the challenges of high transaction fees
Vitalik Buterin, a co-founder of Ethereum, recently expressed his apprehensions about the current state of cryptocurrency regulation, particularly in the United States. He raised a crucial point regarding the paradoxical nature of the regulatory framework that he believes is hindering the growth and integrity of the industry. Buterin pointed out that the existing regulatory environment
Ethereum had a tough week, as it fell by 3% and struggled to defend the key support level at $3,500. The downward trend has been clear with the past five weekly candles closing with a lower low. In order to reverse this trend, ETH must push above $3,700 and challenge the resistance at $4,000. Failure
Earth Attack is not just your average NFT project – it is a space where sci-fi enthusiasts and those curious about extraterrestrial phenomena come together to delve into a world of immersive exploration. The project aims to create more than just a collection of NFTs; it strives to build a community where entertainment, collaboration, and
The cryptocurrency markets are currently experiencing a downturn, with Bitcoin approaching the $60K mark and most altcoins showing gradual declines. The total market capitalization has fallen to $2.37 trillion, signaling a weakening sentiment among investors. Bitcoin, in particular, has seen a 1.3% decrease in price over the past 24 hours, contributing to a total weekly
This Friday, a significant amount of Bitcoin options contracts will reach their expiration date, totaling around 107,000 contracts with a notional value of $6.6 billion. This end-of-month expiry event is much larger than the usual end-of-week expiries, potentially leading to increased market volatility. The put/call ratio of these contracts is 0.5, indicating that twice as
Kraken founder Jesse Powell made headlines recently after donating $1 million, primarily in Ethereum, to support former US President Donald Trump’s re-election bid. Powell stated that the donation was intended to help the US maintain its leadership position in blockchain technology. His decision to support Trump, who has shown a more favorable stance towards crypto,