The crypto world is seeing some interesting moves lately. Ethereum’s price has dropped amid talks of potential rate cuts by the Fed, sparking conversations about the future of decentralized finance (DeFi). Meanwhile, Monero (XMR) is also riding a wave of uncertainty despite strong technical indicators, slipping by 0.39% recently. Amidst
Digital asset investment products experienced net inflows of $321 million for the second consecutive week, according to CoinShares. The surge was largely attributed to the U.S. Federal Reserve’s decision to cut interest rates by 50 basis points (bps), which was viewed as a dovish move by the market. Total assets
At the time of writing, Ethereum (ETH) is trading at $2,676, reflecting a 3.10% increase over the past 24 hours. This surge is accompanied by a robust trading volume of $15 billion, marking a significant 46.85% uptick. In the institutional space, US spot ETH ETFs recorded a daily net inflow
The crypto millionaire count has almost doubled in the last year, highlighting the expanding influence of digital currencies. Among these wealthy figures is Donald Trump, with ambitious plans to turn the United States into the world’s crypto hub—an announcement that has sparked both enthusiasm and skepticism. As Trump aims to
Bonk Inu (BONK), a dog-themed meme coin and built on the Solana network, has now achieved a significant milestone in the world of cryptocurrency. The meme coin made history by announcing the debut of a BONK ETP in the United States, making it the first meme coin to do so.
Shiba Inu [SHIB] faces a critical juncture as gas fees on its layer 2 network, Shibarium, skyrocket by 2,024%. This surge poses significant challenges for SHIB’s deflationary model and its long-term value. Despite the gas fee concerns, SHIB’s price has recorded consecutive gains, rising by over 5% in the past
A joint assessment by regional bodies, including the Financial Action Task Force (FATF), has urged India to enhance its regulation of virtual assets. The FATF’s recent report on India’s efforts to combat money laundering and terrorist financing reveals significant risks associated with domestic illegal activities, primarily fraud, cyber fraud, corruption,
The Bitcoin price displays a brief bullish sentiment, attempting to hit a higher value after the recent break-out above $63K. The largest cryptocurrency managed to trade within the $60K range for the past three days. The analysts speculate that the asset could hit a new all-time high (ATH) before this
As we move through 2024, the crypto market is seeing significant shifts like Cardano (ADA) crashing 89% from its peak, causing investors to look for faster-growing alternatives. On the contrary, Bitcoin (BTC) has made a remarkable comeback, with a price surge pushing it back over the $60,000 mark and driving
Ethereum itself is witnessing a bullish trend, with large wallet transfers and increased trading volumes. As of September 19, the US Spot Ethereum ETF has shown significant movement, with a daily net inflow of $5.24 million, primarily from Blackrock’s ETHA, which recorded the entire inflow. The ETF now boasts total
