A recent report from Singaporean trading firm QCP Capital has revealed that the top crypto trading desks have been recording substantial BTC orders from large hedge funds, who are buying at the top, in contrast to the ongoing FUD in the broader crypto community. Speculation is now rife regarding the
Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K. ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded
The global cryptocurrency community is buzzing with excitement as Nate Geraci, president of the ETF Store, predicts the imminent approval of spot Ethereum exchange-traded funds (ETFs). This anticipation has significantly influenced Ether’s market performance, ETH has climbed over the $3,300 zone. Currently, Ethereum (ETH) is trading at $3,348, reflecting a
Chainlink, a prominent altcoin, has surged 14% in the past 24 hours, with trading volume up 12% over the same period. The price hit a 12-day high of $13.89, rebounding from an eight-month low ten days ago, driven by four days of sustained bullish activity by market participants. This surge
Ethereum (ETH), the largest altcoin, has had a slight revival above $3.1K with a spike of 2.76% in the last 24 hours. The highest weekly ETH price was at $3,164, and the lowest was $3,117. This surge was alongside Bitcoin’s spike of over 2% to $58.3K, creating excitement in the
The history of crypto’s battle with the SEC dates back several years. Amid the recent anti-SAB voting, the SEC has announced making exceptions for certain custody banks and broker dealers in crypto reports. This announcement has caused quite a stir, raising speculations in the market. Recently, Fox Reporter Eleanor Terrett
The second-largest cryptocurrency, Ethereum, has rebounded above $3,000 after dropping below $2,800, with a critical price target set at $3,200. Breaking this level could bring significant gains for traders, but resistance at $3,300 poses a challenge. Anticipated spot Ethereum exchange-traded funds (ETFs) and current market dynamics hint at volatility and
The Ethereum-related token, EtherFi (ETHFI) showed notable price drops in the last 24 hours. While the token did take a hit from the recent market crash, this week witnessed a swift price recovery. However, on Friday, the token showed price declines after a particular wallet dumped 880 tokens worth $1.87
There wasn’t enough support in the House of Representatives to override President Joe Biden’s veto of a measure that would have affected an SEC regulation requiring banks to list cryptocurrencies as a liability on their balance sheets. A total of 228 House members casted their votes on July 11 to
Crypto markets and the rest of the global financial industry were waiting with bated breath for today’s US CPI numbers. Notably, compared to Wall Street’s predictions, the most recent figures from the U.S. Labor Department show that inflation slowed to 3% in June. Market mood, which had been hurt recently
