Bitcoin and Ethereum ETFs Lead Record Inflows in Investment Landscape
BlackRock's iShares Bitcoin Trust leads 2024 with $21B inflows, setting a new benchmark in crypto ETF performance. Ethereum ETFs rise, with iShares Ethereum Trust ETF surpassing $1B in net inflows as...
View ArticleIVFUN Memecoin Sees Rapid Growth on TRON’s Sun Pump Network
IVFUN gained 17,000 holders in 12 days, hitting an $80M peak on TRON's Sun Pump. Community-driven, IVFUN's growth relies on user involvement and no founder liquidity. New features include staking and...
View ArticleJapan to Slash Crypto Tax Rate to 20% Amid Investor Worries
Japan is reviewing reducing its crypto tax from 55% to 20%. The set tax rate to merge digital assets taxation with other financial grounds like stocks. The change could attract more investors,...
View ArticleWill Toncoin Dip Below $5 Amidst Telegram’s Legal Storm?
Telegram's legal issues in South Korea could pressure Toncoin's price below $5. South Korean authorities are investigating Telegram for distributing illicit content. Toncoin whales are buying, while...
View ArticleNFT Market Drops to $374M in August 2024 Amid Ongoing Decline
NFT sales fell to $374M in August 2024, marking the least point this year. Sales dropped 76% from March's peak of $1.6B, showing a strong declining trend. Despite fewer transactions in August, average...
View ArticleBearish Ethereum: Death Cross Impacts and $2.1K Support Focus
Ethereum faces bearish pressure with a recent Death Cross signaling potential price drops. Resistance at Fibonacci levels and a wedge breakdown reinforce the bearish trend. Increasing ETH reserves on...
View ArticleAltcoin Market to Peak by Early 2025: Major Gains Predicted for Investors
Investors should prepare for a major digital currency rally by early 2025 to capitalise on gains. The market cap could hit $2 T, offering a key exit point for investors. Careful planning and...
View ArticleWazirX Hacker Moves $6.5M in Ethereum to Tornado Cash, Sparking Fears
The token's hacker shifted $6.5M in ETH to Tornado Money using 27 on-chain transactions. The hacker still holds 59,156 ETH, worth about $149M, causing concerns of more financial selloffs. The WazirX...
View ArticleRipple Expands Blockchain Presence in Korea and Japan with New Partnerships
Ripple collaborates with Futureverse to enhance XRPL and protect digital resources in emerging tech fields. New initiatives by Ripple will introduce smart contracts and expand XRPL's uses by 2025. A...
View ArticleTop 3 Bitcoin Wallets for Secure Storage in 2024: A Closer Look
The three leading Bitcoin wallets for 2024 emphasize security features to safeguard digital assets. These wallets provide protection through encryption, ensuring top-notch security. With growing...
View ArticleRipple’s Top Lawyer Accuses SEC of Misleading the Courts
Ripple CLO claims the SEC's "crypto asset security" term is fabricated without legal grounding. Ripple accuses the SEC of using misleading terms to influence court decisions against crypto firms. The...
View ArticleBitcoin Dips Below $58K as Market Faces Bearish Pressure
Bitcoin's price drops below $58K, raising concerns about prospective further declines. The every day chart shows Bitcoin struggling to break free from a descending channel. RSI hovers above...
View ArticleMatter Labs Reduces Workforce by 16% as ZKsync Era Demand Decreases
Matter Labs has reduced its workforce by 16% as demand for its Ethereum Layer 2 protocol, ZKsync Era, significantly declines in 2024. The number of active addresses on ZKsync has decreased sharply,...
View ArticleBitcoin’s Seasonal Trends: September Declines, October Gains Over a Decade
Bitcoin has historically plunged in September during 8 of the last 11 years. October has seen BTC prices rise in 9 out of 11 years, showing an 82% bullish trend. These patterns offer insights for...
View ArticleJustin Sun Announces 100% On-Chain Buyback for SunPump
SunPump switches from LP token burning to a 100% Onchain buyback and burn process for enhanced transparency and simplicity. The new Onchain process ensures all transactions are recorded on the...
View ArticleArthur Hayes Warns: Reverse Repo Surge Could Damp Bitcoin’s Rally Despite Fed...
Bitcoin dropped 10% to $57,400 after Fed rate cut hints, despite expectations of a price boost. Reverse repurchase agreements yield 5.3%, leading to capital shifts from Treasury bills. $120 billion...
View ArticleMatter Labs Cuts Workforce by 16% Amid Restructuring for ZKsync
Matter Labs cuts 16% workforce amid strategic shift to specialized Layer 2 solutions. ZKsync's native token, ZK, drops 64% since June despite new Elastic Chain launch. Matter Labs offers robust...
View ArticleBDAG’s Partnership with Inter Milan: Could This Presale Net $600M? Analyzing...
The crypto market offers certain crucial developments undertaken by three crypto kings - Polygon (MATIC), NEAR Protocol (NEAR), and BlockDAG (BDAG). Polygon Price is surging due to its upcoming token...
View ArticleBitfarms Expands U.S. Presence with Stronghold Acquisition Amid Production Drop
Bitfarms' Stronghold Digital acquisition boosts its Bitcoin mining and energy portfolio, expanding U.S. capacity to nearly 50% by 2025. August saw a 1.3% drop in mining difficulty, reducing Bitcoin...
View ArticleJohn Deaton’s GOP Victory Energizes Crypto Community Ahead of Clash with Warren
John Deaton triumphed in the Massachusetts Republican primary with 65% of the vote and faced crypto-critic Elizabeth Warren in the finals. The upcoming election between Deaton, a Republican, and...
View Article