Bitcoin is currently experiencing a downward trend in its price after suffering a significant crash last week. The crash, which saw the price drop below $66,000, has been attributed to a decrease in net inflows into Spot Bitcoin ETFs. Institutions, which have been driving the bull run in recent months, seem to be scaling back
Ethereum
The chances of approval for pending spot Ethereum exchange-traded fund (ETF) applications in May seem to be dwindling due to the recent urging from two US Senators for the Securities and Exchange Commission (SEC) to reject other crypto ETF proposals. Senators Jack Reed and Laphonza Butler advised the SEC to tighten its scrutiny of Bitcoin
The recent emergence of the new Ethereum-based meme token, Dogecoin20 (DOGE20), has been nothing short of impressive. Surpassing the $240,000 mark in its presale within just 24 hours of launch, DOGE20 has quickly captured the attention of investors with its unique take on Dogecoin-related memes. Unlike traditional meme tokens, DOGE20 aims to shake up the
VeVe Comics has recently announced a partnership with Marvel Comics, giving fans access to a wide range of digital comic issues featuring beloved characters such as Spider-Man, X-Men, Captain Marvel, and Black Panther. What sets VeVe Comics apart from other platforms is its unique panel-by-panel viewing feature, creating a seamless reading experience for comic enthusiasts.
As the crypto market continues to witness the surge in meme coins, Satooshi Nakahobo has emerged as the latest sensation with a staggering 600x surge. Launching at 9PM (UTC) on March 12, the token quickly gained traction and skyrocketed by +716,750% in less than 6 hours. Despite a subsequent -73% retracement, Satooshi Nakahobo managed to
Bitcoin’s price has once again broken records, with a recent surge pushing it to just below $74,000. This comes after a brief dip below $72,000, showcasing the volatile nature of the cryptocurrency market. Despite a slight retracement following the initial high, Bitcoin has managed to hold steady around $73,000, with a market capitalization close to
MakerDAO recently announced the launch of Phase 1 of its highly anticipated ‘Endgame’ project, scheduled for the summer of 2024. This phase will see the release of the project’s major features, aimed at driving growth and establishing a fully functional virtuous cycle. The key components of Phase 1 include the introduction of new tokens, a
Ethereum (ETH) recently completed a significant software upgrade known as Dencun, which aims to enhance the network ecosystem’s cost-effectiveness, particularly focusing on Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base. This upgrade has resulted in a substantial decrease in transaction costs on these networks, making fees drop from dollars to cents or even
The collaboration between PIXELYNX, Animoca Brands, and Banijay Brands has resulted in the creation of a new NFT collection inspired by the “Nosedive” episode from the popular TV series Black Mirror. Named “Black Mirror Experience: Smile Club”, this collection has taken the NFT market by storm, selling out in less than three hours after its
Ethereum (ETH) is on the brink of a significant upgrade with the impending Dencun update aimed at improving the network’s scalability. However, amidst this positive development, QCP Capital, a reputable crypto asset trading firm, has uncovered a concerning trend that could potentially impact Ethereum’s price trajectory. Negative Risk Reversals and Investor Sentiment QCP Capital’s analysis