Large Ethereum holders have been rapidly withdrawing ETH from centralized exchanges as prices recover above $1,850, according to blockchain analytics firm Santiment. Santiment reported that the percentage of ETH supply held on exchanges has dropped to just 8.41%, the lowest level since Ethereum first launched in 2015. Ethereum exodus comes
October 25, 2023 1 min read
According to data from CoinGecko, Solana’s SOL has been a rare standout in 2023’s cryptocurrency rout, gaining over 214% year-to-date. The price performance makes it one of the only major crypto assets firmly in positive territory for the year. In comparison, Bitcoin and Ethereum are only up 106% and 50%,
October 25, 2023 1 min read
Star stock picker Cathie Wood expressed growing confidence that U.S. regulators will finally approve a Bitcoin ETF after years of rejections. In a recent interview, the Ark Invest CEO revealed her firm has been engaged in communications with the SEC regarding Ark’s spot Bitcoin ETF application. Wood views this as
October 24, 2023 2 mins read
Ongoing legal battles involving Ripple and Coinbase may provide crucial clarity on whether cryptocurrencies should be deemed securities under the Howey test, according to crypto lawyer John Deaton. The outcomes could have profound impacts on SEC regulation. Deaton argues that no case in the past 80 years has found a
October 24, 2023 2 mins read
An intriguing new project called OpenFabric aims to disrupt the artificial intelligence (AI) landscape but faces questions around the utility and purpose of its token, referred to as “gems.” In a 16-minute whirlwind of insights, the Arcanum Ventures team, Sasha and Carmelo, delves into OpenFabric’s ambitious journey into the world
October 24, 2023 2 mins read
A popular cryptocurrency trader is pointing to the potential for a breakout rally in the battered Cardano token ADA. But he cautions that more downsides could still be ahead. In a recent tweet, trader Gareth Soloway highlighted a bullish chart pattern developing for ADA. The token appears to be forming
October 22, 2023 1 min read
A new blockchain project called Kaspa aims to solve scalability issues holding back wider blockchain adoption. The future of blockchain scalability may lie with a new project called Kaspa and its BlockDAG technology, according to Travladd Crypto, co-founder of crypto investment firm King Finance. In a recent tweet, Travladd outlined
October 19, 2023 1 min read
As the crypto market anxiously awaits a spot Bitcoin ETF, Dogecoin has moved in lockstep with Bitcoin price action around major developments. When BlackRock filed for a Bitcoin ETF in June, Bitcoin rallied 20% as institutional ETF involvement looked more promising. At the same time, the Dogecoin price surged 36%
October 19, 2023 1 min read
According to analysis by altFINS, Solana has seen a bullish breakout from a falling wedge pattern, rallying 20% to reach the target resistance zone of $25–30. Short- and medium-term trends have now inflected to uptrend status. After breaking wedge resistance, Solana reached altFINS’ projected area of contention between $25 and
October 19, 2023 1 min read
Shiba Inu-affiliated artificial intelligence project Bad Idea AI has released a major 2.0 upgrade for its chatbot application. Key enhancements include per-room memory retention, performance improvements, and security updates. In a tweet, the BAD team highlighted the launch of version 2.0 and its new capabilities. BAD aims to blend AI,
October 18, 2023 1 min read