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The global crypto market displayed a slight dip today. Despite the U.S. SEC’s final approval for Spot Ether exchange-traded funds to commence trading on July 23, the anticipated market boost did not materialize during the Asian trading hours. Instead, Bitcoin (BTC) saw a 1.84% decline, while Ethereum (ETH) dropped by
July 23, 2024 3 mins read
The Chicago Board Options Exchange (CBOE) recently announced that five new spot Ether ETFs will commence trading on July 23, following the SEC’s approval of rule changes on May 23. These ETFs, including top institutions like VanEck, 21Shares, Invesco Galaxy, Fidelity, and Franklin, are expected to draw significant attention from
July 20, 2024 2 mins read
After a five-month suspension, triggered by a significant investigation, cryptocurrency exchange BitForex has announced it will soon allow users to withdraw their assets. This decision follows the detention of the BitForex team by Jiangsu Province authorities in China on February 23rd, which led to a halt in operations and concerns
July 20, 2024 2 mins read
While the global crypto market turns green, the notable layer 2 player Arbitrum (ARB) has captured attention with a 15% price increase over the past week. At the time of writing, ARB was priced at $0.76 with a market cap of $2.46 billion. This surge has propelled Arbitrum into an
July 17, 2024 1 min read
Ethereum (ETH) futures have seen a significant surge in open interest, reaching $14.18 billion, marking a 3.98% increase within the last 24 hours. This uptick reflects a sharp rise in trading activity, suggesting a growing bullish sentiment among traders toward Ethereum. Since the start of this week, Ethereum has displayed
July 17, 2024 2 mins read
The global cryptocurrency market continues to showcase strong activity, with institutional investments and significant transactions involving Tether’s stablecoin, USDT. Cumberland, a prominent player in the crypto space, has injected substantial funds into major exchanges, signifying renewed market momentum. According to Lookonchain, over the past 40 hours, Cumberland has received a
July 17, 2024 2 mins read
While the global crypto market turns positive, Ripple’s XRP has firm signs of resurgence, bolstered by improving market sentiment and anticipation surrounding upcoming SEC developments. The XRP market sentiment has notably turned positive, buoyed by expectations surrounding an upcoming SEC settlement discussion scheduled for July 18th. Speculation is rife that
July 16, 2024 2 mins read
While the global crypto market turns green for the week with Bitcoin (BTC) climbing to $63,000, the leading altcoin Solana (SOL) breaches the $160 zone after five weeks of consolidation. This positive trend is fueling optimism among investors and analysts alike. According to on-chain analyst @ali_charts, if Solana’s price reaches
July 16, 2024 2 mins read
In renewed bullish activity across the cryptocurrency market, propelled by Bitcoin’s recent surge to $63,000, meme coins have once again captured the spotlight. Among them, Floki, a meme-based cryptocurrency inspired by Elon Musk’s dog, has seen significant movements. Today, Floki recorded a 28% increase, pushing its price to $0.0001866 and
July 16, 2024 2 mins read
BlackRock, the world’s largest asset manager, has reported a strong performance in the second quarter with assets under management (AUM) climbing to a staggering $10.6 trillion. This marks a nearly 13% increase from the previous year. Further, earnings per share (EPS) also saw growth, rising to $9.99 from $9.06, while
July 15, 2024 1 min read