A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
Ethereum surged to a 16-day high of $2,684, bolstered by a wave of bullish momentum over the past week, gaining 8%. The rally mirrors Bitcoin’s recent rise above $68,000, pushing Ethereum to peak levels. However, as of today, Ethereum has pulled back slightly, trading at $2,623, with new signs indicating
October 16, 2024 2 mins read
Former U.S. President Donald Trump has surged ahead in betting odds for the upcoming presidential election, holding a 16% lead over Democratic candidate Kamala Harris on the decentralized prediction market platform, Polymarket. As of Tuesday night, Trump’s odds of winning stood at 57.9%, while Harris’ chances were at 41.8%. This
October 16, 2024 2 mins read
The race to bring more cryptocurrency-based exchange-traded funds (ETFs) to the U.S. market continues to heat up as Grayscale Investments and Canary Capital make bold moves. Grayscale, the world’s largest crypto asset manager, has filed to convert its Digital Large Cap Fund, which includes Bitcoin, Ethereum, Solana, XRP, and Avalanche,
October 16, 2024 2 mins read
The cryptocurrency options market witnessed a significant uptick in activity following a sustained rally, with over $1.2 billion worth of trades executed within 24 hours. Bitcoin puts dominated the market, representing $530 million in trades, nearly a quarter of the total volume. Among the most notable transactions was a deep-deflated
October 15, 2024 2 mins read
Shares in Japanese investment firm Metaplanet soared 15.7% on October 15, following the company’s announcement of its latest Bitcoin purchase. The firm confirmed it had acquired nearly 107 Bitcoin in a strategic move to diversify its investment portfolio, marking its continued interest in the digital asset space. Metaplanet’s decision to
October 15, 2024 2 mins read
The Sui (SUI) token has seen a remarkable rally, gaining over 120% in the past month to trade at $2.25 as of October 14. This surge, while impressive, has stirred controversy, as allegations of insider selling have surfaced, casting a shadow over the token’s performance. Crypto analyst Light, in a
October 15, 2024 2 mins read
Global crypto funds managed by asset giants such as BlackRock, Bitwise, Fidelity, Grayscale, and ProShares experienced net inflows of $407 million last week, according to CoinShares. This marked a sharp reversal from $147 million in outflows the previous week. The inflows were primarily driven by U.S.-based funds, which contributed $406
October 14, 2024 1 min read
Solana (SOL), one of the leading altcoins, gained the attention of traders today by surging 4% in the past 24 hours, hitting a one-week high of $154. After a bearish week that saw its price drop below $135, SOL has shown signs of recovery over the past two days, recording
October 14, 2024 2 mins read
Ethereum co-founder Vitalik Buterin has recently taken to social media to share insights into the blockchain’s development and future. In a detailed blog post on October 14, Buterin reflected on Ethereum’s evolution since the Merge, the major 2022 upgrade that transitioned the network from proof-of-work (PoW) to proof-of-stake (PoS). While
October 14, 2024 2 mins read
South Korea’s financial regulator is moving closer to approving spot crypto exchange-traded funds (ETFs) and corporate crypto accounts, with discussions set to accelerate following the establishment of a new Virtual Assets Committee. The committee, which was officially announced on October 13, is expected to play a key role in shaping
October 14, 2024 2 mins read