Litecoin (LTC) has been in the spotlight recently, reaching an 18-day high of $74.61 two days ago. However, the cryptocurrency is experiencing a bearish trend, with its price dipping to $71.92, reflecting a 2.53% decline. Trading volume has also decreased by 37%, adding to the cautious sentiment. Despite this, recent
With CITI’s “buy” recommendation for Coinbase shares, the prominent cryptocurrency exchange has attracted a lot of interest from investors. The timing of this event, just before the exchange’s expected Q2 results report in early August, has sparked speculation as to why the market is so bullish. Coinbase’s rating has been
The overall crypto market, in the last 24 hours, recorded minor declines in market cap. Meanwhile, the overall trading volume increased by 21.96%. Leading cryptocurrency, Bitcoin with a modest daily decline slid back to the $66K level. On the other hand, the largest altcoin Ethereum, began showing price increases fueled
In the budget meeting for the fiscal year 2024-2025, India’s Finance Minister Nirmala Sitharaman upheld the existing tax regulations on cryptocurrencies, leaving the controversial tax-deducted-at-source (TDS) rate at 1% unchanged. This decision follows a significant urge from the crypto sector, which had asked for a reduction of the TDS to
Ending the eight month, the Securities and Exchange Commission (SEC) flashed the greenlight to the entry of spot Ethereum Exchange Traded Funds (ETF’s) in the U.S. This approval of ETH ETFs began trading in the market today. The investors were highly anticipating the new crypto asset to invest in. ETH
The global crypto market displayed a slight dip today. Despite the U.S. SEC’s final approval for Spot Ether exchange-traded funds to commence trading on July 23, the anticipated market boost did not materialize during the Asian trading hours. Instead, Bitcoin (BTC) saw a 1.84% decline, while Ethereum (ETH) dropped by
US spot Ethereum ETFs received approval from the SEC on Monday after leading issuers filed 424(b) forms. Grayscale issuing two of the nine spot ETFs was observed transferring ETH tokens worth $1.01 billion from its Coinbase Prime deposit onto the platform’s Hot Wallet 8 hours ago. This has led to
Bitcoin bulls have had a tumultuous week, breaking the $65,000 resistance after nearly a month and reaching a 41-day high of $68,474 yesterday. This peak came just hours before US regulators approved spot Ethereum exchange-traded funds, a move expected to impact the market positively. However, Bitcoin has declined 1.46% in
On July 22, the price of Solana reached $185, its highest point in the last two months, maintaining its bullish momentum, a climb of more than 3.5% in the previous 24 hours. Investors are becoming excited about the possibility of pro-crypto candidate Donald Trump winning, as the recent gains reflects
Recent crypto market movements have seen Solana (SOL) price surge by 13%, driven by predictions of a potential Solana ETF. On the other hand, Dogecoin is capturing attention with forecasts suggesting it might hit $1 by 2029 despite struggling to break past the $0.20 mark recently. Amid these trends, BlockDAG’s
