A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
Ethereum has been one of the most talked-about cryptocurrencies this year, especially with its roller-coaster performance and the recent ETF approval green light. Starting the year trading at $2,352, Ethereum saw a significant rise to $4,093 in March, a level not reached since 2021. However, by May 1, the price
June 10, 2024 2 mins read
As of June 5, 2024, investment institutions collectively hold 879,191 BTC, underscoring robust confidence in Bitcoin amid significant movements in the ETF market. Adding on, U.S. spot Bitcoin exchange-traded funds (ETFs) have seen an unprecedented 18-day streak of positive net inflows, totaling $217.78 million. BlackRock’s IBIT ETF led the surge,
June 7, 2024 2 mins read
The cryptocurrency market is currently in a consolidation phase, with Bitcoin trading at $71,377, experiencing a modest 0.77% price surge, while Ethereum has seen a 0.69% decrease, bringing its value to $3,824. This period of market stability is marked by the absence of significant gains among the top 50 coins
June 7, 2024 2 mins read
In the volatile world of cryptocurrencies, market consolidation phases often bring a period of calm and strategic repositioning. The cryptocurrency market is currently experiencing one of these phases, characterized by relatively stable prices and lower trading volumes. This phase is a breeding ground for strategic maneuvers by big whales—large holders
June 6, 2024 2 mins read
Baby Dogecoin (BabyDoge), a popular memecoin that ranks 17th in market capitalization among top memecoins, has once again captured the attention of the cryptocurrency community. This resurgence in interest follows a recent cryptic announcement on its X (formerly Twitter) account. The post featured the BabyDoge logo accompanied by several question
June 6, 2024 1 min read
Shiba Inu (SHIB) has experienced a significant uptick, with its value surging by 8% in the past 24 hours. This surge is accompanied by a notable increase in trading volume, which has risen by 40%, and a corresponding 8% boost in the market capitalization. The driving force behind this rally
June 5, 2024 2 mins read
In recent days, the memecoin Floki has been making headlines with its impressive bullish performance, capturing wider attention within the crypto traders. Today, it broke through the anticipated resistance level of $0.0002902, reaching a trading price of $0.000328, marking a significant 25% surge in the past 24 hours. This surge
June 5, 2024 2 mins read
Thailand’s Securities and Exchange Commission (SEC) has given its nod to One Asset Management (ONEAM) to pioneer the launch of a Bitcoin exchange-traded fund (ETF) in the country. This development marks Thailand’s entry into the global trend of embracing cryptocurrency-based investment instruments. The ETF, dubbed the ONE Bitcoin ETF Fund
June 4, 2024 2 mins read
The popular frog-themed memecoin, PEPE, has experienced a tumultuous period, with its price dropping 3.50% in the past 24 hours and trading volume declining by 5.20%. This volatility follows an impressive surge to an all-time high (ATH) of $0.00001718 just eight days ago. Over the past week, PEPE has seen
June 4, 2024 2 mins read
In mid-May, Solana [SOL] hit a one-month and two-week high of $188.8, but it has since experienced volatility. In the last week of May, bearish sentiments dominated the market. Currently, SOL declining by 1%. Despite this dip, trading volume surged by 64%, suggesting heightened market activity. Over the past week,
June 3, 2024 2 mins read