A significant milestone for the cryptocurrency sector was reached when Spot Bitcoin ETF options made their official debut on the Nasdaq. Investors have acquired more tools for risk hedging and covering exposure to Bitcoin’s volatility with the introduction of these options, beginning with BlackRock’s iShares Bitcoin Trust ETF (IBIT). During
The cryptocurrency market exhibits mixed trends, with assets rising and falling. With Bitcoin’s steady momentum, major altcoins like Ethereum, Solana, and XRP fluctuate and face varying levels of volatility. While looking at Cardano (ADA), it has registered a 13.35% gain over the past 24 hours. In the early hours, ADA
This week, the crypto market has prolonged its weekend slump not showing much action in prices. Meanwhile, a shift in focus from cryptocurrency in the regulatory sector has further contributed to this slump. On the other hand, in the past day, Trump’s considering Teresa Goody Guillén has received market interest.
Today, BONK, the leading Solana-based memecoin, has made a significant breakthrough. It reached a new all-time high of $0.00005916, surpassing dogwifhat (WIF) to become the largest Solana-based memecoin by market cap. Currently, it holds the position of the fourth largest meme coin in the overall cryptocurrency ranking. Adding to the
Asgard Upgrade, which will be the first significant technological update to the mainnet of the Layer-1 relational blockchain, will take place on December 3rd, according to Chromia, which has officially announced the date of the upgrade. Chromia Extensions are modular enhancements that are introduced with this upgrade. These extensions enable
GPU DePIN io.net has made the announcement that it has formed a partnership with Zero1 Labs, a platform for decentralized artificial intelligence, in order to further the development of decentralized AI (DeAI). As part of the deal, Zero1 Labs will make use of the GPU compute network provided by io.net in order
The global cryptocurrency market is maintaining a subtle uptick. Over the past 24 hours, the total market capitalization climbed 0.89% to reach $3.08 trillion. Trading volume also surged by 22.12%, hitting $188.71 billion. This growth has been supported by positive sentiment, as reflected in the Fear & Greed Index, which
The crypto market’s November phase was on the upside, as analysts predicted. The surge in cryptocurrency prices fueled the bullish sentiment in the market, with the global market cap settled at $3.08 trillion. Notably, the largest asset, Bitcoin (BTC), trades at $92.3K, while the largest altcoin, Ethereum (ETH) stays at
Using the country’s Finance Ministry as a source, Russian news agency Interfax reported on Monday that the Russian government has authorized draft modifications to a law regarding the taxation of cryptocurrency transactions and mining. According to the report, cryptocurrency would be considered property for tax reasons under the proposed law.
Dogecoin price surged after a tweet from Elon Musk. pic.twitter.com/7NHqlQBbcZ — Elon Musk (@elonmusk) November 19, 2024 Elon Musk’s Influence on Dogecoin Price Surge While Musk’s tweets on Dogecoin have historically created price pumps, this latest surge seems different. Dogecoin is increasingly being defined in political terms, with Musk and
