DeFi Technologies, a Canadian fintech company, has been making waves in the crypto industry with its recent acquisitions and strategic moves. The company has been actively adding Bitcoin to its balance sheet, along with expanding into altcoins like Solana and CORE tokens. This article will delve deeper into DeFi Technologies’ recent acquisitions and explore the
Staking
The impending launch of spot Ethereum ETFs has generated widespread excitement, with experts predicting a significant surge in the Ethereum price. The Chief Investment Officer of Bitwise, Matt Hougan, believes that these ETF inflows could push Ethereum to all-time highs exceeding $5,000. Drawing parallels to the Bitcoin ETF market, Hougan anticipates substantial growth in Ethereum
Bitwise Asset Management’s Chief Investment Officer has made a bold prediction regarding the potential impact of Ethereum Exchange-Traded Products (ETPs) on the price of ether (ETH). According to the CIO, the introduction of ETPs could drive ETH prices to new all-time highs, surpassing the $5,000 mark by the end of the year. This forecast is
Cardano, once considered one of the largest cryptocurrencies in the market, has been facing significant challenges in recent months. This is evident from the substantial drop in its market cap, plummeting from over $90 billion in 2021 to a mere $15.9 billion as of Wednesday. The number of monthly developer commits has also dwindled, showcasing
Cryptocurrency journalism is a specialized field within the broader realm of journalism that focuses on reporting and analyzing news related to digital assets, blockchains, decentralized finance, and other aspects of the crypto space. It requires a deep understanding of the complexities and intricacies of the ever-evolving world of cryptocurrencies, as well as a knack for
During a hearing on July 11, Judge Katherine Polk Failla expressed doubts about Coinbase’s attempts to subpoena SEC Chair Gary Gensler in the ongoing case against the cryptocurrency exchange. The hearing highlighted Coinbase’s persistent efforts to obtain Gensler’s communications, including statements made before he assumed the role of SEC Chair in 2021. Judge Failla seemed
During a hearing on July 11, Judge Katherine Polk Failla expressed her disapproval of Coinbase’s attempts to subpoena SEC chair Gary Gensler in the ongoing case against the firm. Failla specifically pointed out that the request included Gensler’s statements before he assumed his role as SEC chair in 2021. Coinbase’s lawyer argued that the company
The recent transaction by an Ethereum whale transferring $34.3 million worth of ETH to the crypto exchange Coinbase has caused panic among community members. This move suggests that the whale might be looking to offload their holdings, potentially impacting ETH’s price significantly. Typically, such large transfers indicate a plan to sell tokens, leading to concerns
Ethereum 2.0 staking has experienced a remarkable surge in recent times, with the deposit contract for staking Ethereum on the Beacon Chain hitting an all-time high of 47.36 million ETH. This figure represents a staggering 33.9% of the total supply of Ethereum, signifying a significant increase from just two years ago when it accounted for
Semilore Faleti is a name that has become synonymous with excellence in cryptocurrency writing. Specializing in journalism and content creation, Semilore has established himself as a trusted source of information in the field of blockchain and digital assets. His journey into the world of crypto writing began with a general focus on various subjects, but