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Search Results for: kraken

What German Government’s $425M Worth BTC Transfer Reveals?

In a recent development highlighting the German government’s involvement in the cryptocurrency space, approximately 6,500 Bitcoin (BTC), valued at over $425 million, were transferred from a government-affiliated wallet to various destinations, sparking speculation about its implications for the market. The transactions, detailed by cryptocurrency analysts and reported on by Arkham,

June 20, 2024 2 mins read

Ethereum Hit One-Month Low Amidst $19M Whale Deposit

The altcoin market is experiencing high bearish pressure, with major cryptocurrencies seeing notable declines. Ethereum (ETH), the leading altcoin has dropped 4% in the past twenty-four hours, hitting a one-month low of $3,355. Despite this price drop, trading volume has surged by 83%. Other notable coins in the altcoins’ red

June 18, 2024 2 mins read

Staked Crypto – A Step-by-Step Guide For Beginners

Ethereum staking has become an increasingly popular way for cryptocurrency holders to earn passive income through staking rewards. In this guide, we will walk you through the process of staking Ethereum step by step, using OkayCoin, a leading staking platform for decentralized applications, while following the best practices for staking

June 17, 2024 6 mins read

Will Ethereum Recover from Its 23D Low or Continue to Decline?

Ethereum, the leading altcoin, is currently navigating a challenging market environment. After hitting a 23-day low of $3,432 yesterday, it is trading at $3,508.74, marking a 1.47% decline. While, trading volume has surged by 12%, reflecting heightened market activity despite the coin being down 7% over the past week. This

June 12, 2024 2 mins read

Tether Eyes Diversifying Portfolio with $1B Investment in AI and Biotech Sectors

Tether, the firm behind USDT stablecoin, has made news all over the world once again for its strategic investment projects, this time by announcing its intentions to enter the artificial intelligence and biotech sector. A post from June 11th states that Tether Holdings Inc., the stablecoin giant’s investment arm, plans

June 12, 2024 1 min read

BlockDAG Dominates in Cryptocurrency Performance Following Stellar Keynote, While XMR and Arweave Suffer Setbacks

Investors witnessing downturns in Arweave (AR) and XMR cryptocurrencies are shifting their focus towards more promising alternatives. BlockDAG has emerged as a standout performer, surpassing expectations with its remarkable presale achievements and a second groundbreaking keynote delivered from the moon. This Layer 1 project demonstrated its robust technical capabilities, highlighting

June 9, 2024 4 mins read

SEC Chair Gensler Suggests Potential Delays for Spot Ether ETFs

Final approvals for asset managers providing spot Ethereum (ETH) exchange-traded funds (ETFs) on exchanges may be delayed, according to U.S SEC Chair Gary Gensler. While appearing on CNBC on June 5, Gensler hinted that the SEC may be dragging its feet in approving spot Ether ETFs, saying that the following

June 5, 2024 1 min read