In recent times, Ethereum’s network has witnessed significant growth in terms of daily active users and daily transaction volume. Despite this surge in network activity, the price of ETH, Ethereum’s native cryptocurrency, has experienced corrections over the past few days. It is interesting to note that Ethereum has seen a decline of over 10% in
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Coinbase, the derivatives arm of the largest American cryptocurrency exchange, is gearing up to introduce futures trading contracts for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. The company recently filed letters with the United States Commodity Futures Trading Commission (CFTC) outlining their plans to launch monthly cash-settled and margin futures
The price of Ethereum has been facing challenges as the month progresses, despite a strong start. The bearish pressure in the cryptocurrency market has been impacting Ethereum, leading to a negative sentiment surrounding the “king of altcoins.” One significant concern contributing to this sentiment is the regulatory uncertainty surrounding ETH, adding to the bearish pressure
The decentralized finance ecosystem within XRP has taken a significant step forward with the integration of automated market maker (AMM) functionality. Recent reports from XRPScan indicate that the introduction of AMM features has resulted in the creation of the first liquidity pools within a matter of minutes. These pools are now holding substantial amounts of
The recent decline in the price of Bitcoin has had a significant impact on the spot Bitcoin ETF market. According to data from BitMEX Research, there has been a negative netflow in the BTC ETF market for the last four trading sessions. This trend is characterized by large outflows from Grayscale’s GBTC and record low
Super Sushi Samurai, a blockchain game on layer-2 solution Blast, recently experienced a significant exploit just hours before the launch of its highly anticipated gaming product. The exploit, supposedly carried out by a white hat hacker, resulted in a staggering $4.6 million loss due to a flaw in the smart contract code. This bug allowed
Despite the anticipation surrounding Bitcoin’s future trajectory leading up to the Bitcoin Halving, JPMorgan analysts have expressed concerns that things may not unfold as optimistically as many had hoped. They believe that a storm is brewing for the flagship cryptocurrency before any significant upward movement. The strategists at JPMorgan, led by Nikolaos Nikolaos Panigirtzoglou, pointed
Venturing into the world of bleeding-edge Web 3 technologies, the stackers of small cap coins have set their sights on the VR token 5thScape (5SCAPE) in the midst of its presale phase, where a significant $1.9 million has already been raised. 5thScape stands out as the world’s first virtual and augmented reality cryptocurrency gaming ecosystem,
The last few weeks have not been kind to Cardano (ADA) investors, as the price of the cryptocurrency has been stuck within a narrow range of $0.61 to $0.64. While other cryptocurrencies like Solana (SOL) and Avalanche (AVAX) have seen significant price gains, Cardano seems to have missed out on the party. This lackluster performance
OKX and Immutable have recently announced a strategic partnership that is set to revolutionize the GameFi NFT launchpad industry. This collaboration aims to integrate Immutable’s zkEVM chain into the OKX Marketplace and Wallet, ultimately transforming user interaction with NFTs and digital assets within the gaming sector. One of the key components of this partnership is