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Search Results for: etfs

Can Solana Bounce Back from Its Recent Dip?

Solana, one of the leading altcoins, is facing an 8% decline amid an overall bearish market. The total cryptocurrency market cap has dropped by 4%, with Bitcoin, the dominant cryptocurrency, experiencing a similar 4% decline, currently trading at $58,601. Despite the downturn, Solana has shown resilience in the past week.

August 12, 2024 2 mins read

Ethereum Price Consolidates at $2.6K Amid Increasing Selling Pressure

The beginning of August witnessed a spur of activity within the crypto sector. While most of the market attention was focused on the first-week market crash, regulatory activities, and notable partnerships took place. Meanwhile, this following week exhibits price revivals from key cryptocurrencies as Bitcoin retracted to $60K. Leading altcoin

August 10, 2024 2 mins read

Is Bitcoin Price Struggling to Break $60K Resistance After Recent Dip?

The cryptocurrency market is on a revival trend as prices have begun to once again reach their previous highs. However, the trend has not been linear as leading cryptocurrencies have exhibited struggles to surpass their previous resistance levels. Bitcoin, in the last 24 hours, made several unsuccessful attempts to surpass

August 10, 2024 2 mins read

Ethereum Surges 10%: Can ETH Hit $2,800?

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has demonstrated remarkable resilience in the face of recent market turbulence. After touching a critical support level of $2,116 earlier this week, ETH staged a powerful comeback, surging 10% in a 24-hour period to reach approximately $2,670 during the mid-London trading session

August 9, 2024 1 min read

Will Bitcoin Reach New Price Levels After Retracing to $60K?

The crypto market has shown a revival in the past few days after the August first weekend market crash. Notably, the overall market cap has increased by 6.50% while the daily trading volume exhibited slight declines. Leading cryptocurrency Bitcoin showed notable surges over the past day as the present positive

August 9, 2024 2 mins read

OKX Exchange CEO Bans Tornado Cash Interaction for Users

The cryptocurrency sector has witnessed an increasing number of scams in the past few months. The recent WazirX hack caught market attention over the loss of its $230 million funds. Amid such various reports, the China-based OKX exchange announced a new measure to prevent hacker activity.  Notably, OKX exchange’s CEO

August 9, 2024 2 mins read

HashKey Capital To Host Decode: Legacy, the World’s First Crypto-Themed Immersive Theatre Experience, Ahead of Token2049 Singapore

Get ready for an unprecedented adventure into the Web3 world with Decode: Legacy, the world’s first immersive theatre experience, conceptualized by HashKey Capital. Hosted at the historic Raffles Hotel on 17th September 2024, 7.30PM, Decode: Legacy promises an interactive mystery thriller that spans 16 years of crypto history, from Bitcoin’s

August 9, 2024 2 mins read

Putin Approves Crypto Mining Law, Reducing Russia’s USD Dependency

A piece of legislation to legitimize Bitcoin (BTC) and crypto mining was adopted by Russian President Vladimir Putin on August 8th. As part of its foreign policy, the nation is working to lessen its need for the US currency. Approved mining enterprises will be able to register via a state

August 8, 2024 2 mins read

U.S Court Approves $12.7 Billion Repayment Plan for FTX Creditors

Final clearance for the $12.7 billion repayment to FTX creditors as part of the settlement with the US Commodity Futures Trading Commission (CFTC) was given by a New York court for the now-defunct crypto exchange FTX and its sister trading business Alameda Research. Judgment on the $12.7 billion settlement agreement

August 8, 2024 1 min read