Jesse Powell, Kraken’s co-founder and chairman, recently made headlines for a large personal contribution he made to the 2024 presidential campaign of former president Donald Trump. A major player in the cryptocurrency industry, Powell has donated $1 million to Trump’s campaign, mostly in Ethereum (ETH). In a recent social media
Net inflows of $11.80 million were recorded by the eleven spot bitcoin ETFs in the US on Thursday, extending the positive run to three consecutive days. The pace has decreased since Tuesday’s net inflows of $31 million, but the inflows have persisted. SosoValue data shows that Bitwise’s BITB received $8
Investors and enthusiasts in the cryptocurrency sector must comprehend the short-term and long-term price projections of digital assets due to the quick changes in market dynamics and investor sentiments. There has been a precipitous fall in the value of the cryptocurrency market over the last few weeks, with major cryptocurrencies
Despite a slight recovery in Bitcoin’s market price, it struggles to surpass the $62,000 mark, hovering at $61,510 after a 1.02% increase in the past 24 hours. This recovery may be short-lived amidst the 90-minute US presidential debate. Current President Joe Biden and Donald Trump clashed on economic, taxation, and
Bitcoin, the largest cryptocurrency, has been under bearish pressure since mid-June, dropping below $58.5K amid strong selling pressure. However, in the past 24 hours, BTC has shown signs of recovery with a modest 2% price increase and a similar rise in trading volume. This recovery coincides with the heated debate
After 4 years, the Central Bank in Bolivia has officially reversed its 2020 ban on Bitcoin and other cryptocurrencies. The Central Bank of Bolivia (BCB) announced on June 26 that it permits financial institutions to engage in cryptocurrency transactions via authorized electronic channels, line up with neighboring Argentina’s more permissive
Dogecoin is currently trading within a bullish pattern, but the lack of positive investor sentiment and behavior may hinder the cryptocurrency’s ability to confirm the pattern and initiate a significant price rally. The market is closely monitoring the dynamics surrounding DOGE, as its price movement could have implications for the
Base, the Ethereum layer-2 blockchain developed by a U.S. crypto exchange Coinbase, has marked a remarkable surge in its total value locked (TVL), surpassing Blast. According to DefiLlama, Base’s TVL stands at $1.549 billion and Blast’s TVL at $1.525 billion, a one-day change of 1.56% and 5.75% respectively. Total value
Synternet, the blockchain that powers modular data infrastructure across all major chains including Ethereum and Cosmos, has announced the launch of its mainnet on Cosmos. The achievement, which completes the Monaco phase, heralds in a new era for the decentralized data economy and allows $SYNT, the token of Synternet, to reach its
The old and well-known altcoin Ethereum Name Service (ENS) has shown a notable surge, rising over 8% in the last 24 hours. This increase comes following the announcement of an upcoming rebranding for ENS. At the time of writing, ENS is trading at $26.64 with a market cap of $834
