Ethereum (ETH) is gaining momentum in the cryptocurrency market, inching closer to the $3,000 mark. One of the key factors fueling this upward trajectory is the increasing popularity of ETH staking. With Ethereum 2.0 gaining traction, more investors are opting to lock their ETH into staking contracts. This not only allows them to earn passive
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Coinbase, one of the major US crypto exchanges, recently released its financial report for the fourth quarter of 2023, shedding light on its performance over the year. The report revealed some key insights into the company’s financial health and growth trajectory. In Q4 2023, Coinbase reported a net income of $273 million and an adjusted
The recent performance of Cosmos (ATOM) has raised concerns among its investors due to a 1.7% decline in the past 24 hours. The cryptocurrency has been trading in a narrow range between $8-12, contrary to the bullish trends seen in other coins. Despite a recent rebound from the 20-day moving average (DMA) support level of
The Chief Investment Officer at Build Asset Management, Matt Dines, has recently identified a classical ‘Cup and Handle’ pattern in the Bitcoin (BTC) price chart. This pattern is considered a strong bullish signal by market analysts and traders. The ‘Cup’ part of the pattern started forming in March 2022 when the price dipped below $48,000,
Lamborghini, a brand synonymous with luxury and extravagance in the realm of sports cars, is making headlines in the digital sphere with its latest revelation. Teaming up with VeVe, a renowned digital marketplace specializing in premium licensed digital collectibles, Lamborghini is set to unveil a new NFT car collection on February 18. NFTs have been
Cardano (ADA) has demonstrated outstanding progress during the fourth quarter (Q4) of 2023, exceeding its rivals and exhibiting impressive growth in key metrics, as per a recent Messari report. The report reveals that ADA’s revenue in USD surged by 66.7% quarter-over-quarter (QoQ), not just due to ADA’s price movement but also a 10.6% QoQ growth
Bitcoin, the undisputed king of cryptocurrencies, is once again making headlines with a recent price surge that has propelled it past the coveted $50,000 mark. This rally has been accompanied by an “extreme greed” reading on the Crypto Fear and Greed Index, indicating that the market is filled with optimism but also raising concerns about
Recently, Ethereum has been experiencing a surge in its market price, reaching a one-month high and indicating a growing demand for the digital asset. In the midst of this upward trend, Lookonchain, an on-chain analytics platform, uncovered an intriguing strategy employed by an Ethereum whale. This unidentified whale has been actively increasing their Ethereum holdings
Tuur Demeester, a well-known Bitcoin researcher, recently shared his optimistic stance on Bitcoin’s future price potential. Anticipating a significant surge in Bitcoin’s valuation, he predicted that the cryptocurrency could reach anywhere between $200,000 and $600,000 by the year 2026. This bullish projection is based on the massive influx of trillions of dollars into the global
Franklin Templeton, a prominent Wall Street titan and asset manager, has recently made a significant move by applying for an Ethereum Spot Exchange-Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This decision comes on the heels of a prior struggle to obtain approval for their Bitcoin Spot ETF earlier this year.