The crypto sector has experienced optimistic waves since last week. With price recoveries and upward streaks multiple altcoin sectors have drawn investors’ interest. In the meme coin sector, Pepe (PEPE) has become a prime focus, as it sustains last week’s upward rally into this week, increasing by 79.94%. Notably, according
May 27, 2024 2 mins read
Ethereum co-founder Vitalik Buterin proposed the first block of the L2 rollup project Taiko, boosting its preparation for the mainnet launch. Buterin highlighted Taiko’s based-rollup approach as a diverse approach. In the block, he left a message: “I’m excited to see that Taiko is launching as a based rollup. Ethereum benefits
May 25, 2024 2 mins read
Ethereum (ETH) price witnessed an impressive upsurge in the past seven days, instigated by the SEC’s spot ETH ETF approval. As the week draws to a close, with the ETH approval not priced in yet, ETH struggles to surpass the $3,700 mark. Prices hit a monthly high of $3.9K on
May 25, 2024 2 mins read
In the past 24 hours, the crypto market has witnessed a dip in market cap by 3.19%. Bitcoin has struggled to maintain its prices above the $66K resistance. While the leading altcoin ETH prices have dropped 3.54% in the past 24 hours. However, over the week the crypto market exhibits
May 24, 2024 2 mins read
The Securities and Exchange Commission (SEC) released an official statement approving the spot Ethereum Exchange-Traded Funds (ETFs) on May 23. The SEC’s statement was widely anticipated by the crypto community since the approval of spot Bitcoin ETFs. Exchanges that had applied for issuance rights were approved in the published report,
May 24, 2024 2 mins read
Crypto exchange Kucoin delisted the dormant stablecoin of Acala Network — aUSD — and has initiated the launch of an “acquirement plan” to compensate token holders’ loss. Previously, in August 2022, the Acala incident — an erroneous minting of 3 billion aUSD tokens in its liquidity pool — occurred. Following
May 23, 2024 2 mins read
Jeffery Wilcke, co-founder of Ethereum, deposited 10K Ether (ETH) into the Kraken Exchange during the Asian morning hours on Thursday. Wilcke has made multiple deposits of ETH since the beginning of 2024, drawing significant attention from the crypto community. The SEC deadline for the decisive update on spot Ethereum ETF
May 23, 2024 2 mins read
The crypto market has shown optimistic performances this week. Bitcoin, Ethereum and other Altcoins have shown upward trends in market price. With the Bitcoin Pizza day celebrated today, the leading cryptocurrency’s prices dipped down to the $69K mark. BTC witnessed a price recovery that snowballed to new monthly highs in
May 22, 2024 2 mins read
Optimistic signs have appeared for spot Ethereum exchange-traded fund (ETF) approval ahead of the SEC’s approaching deadline on Thursday. Depository Trust and Clearing Corporation (DTCC), has listed VanEck’s spot ETH ETF (“ETHV”) on Tuesday. Notably, Franklin Templton’s EZET made its entry into the same listing last month. Currently, the count
May 22, 2024 2 mins read
The entire crypto market has leaned toward an upsurge, rising its valuation to $2.6 trillion. Bitcoin and the family of altcoins have experienced price hikes. Over the past 24 hours, Ethereum (ETH), is spearheading the bullish rally with a 17% surge in price and by breaking recent resistance levels. The
May 21, 2024 2 mins read