In the past 24 hours, the cryptocurrency market has shown bullish turns with market cap increasing 2.79% and daily trading volume surging 16.36%. Leading cryptocurrencies such as Bitcoin also showed price increases over the past day. However, the market over the past few weeks has remained uncertain with high volatility
As new spot exchange-traded funds (ETFs) enter the U.S. market, Ethereum, the second-largest cryptocurrency by market cap, continues to grapple with substantial difficulties. Despite recent efforts to reach new price peaks, ETH has struggled to surpass the crucial $3,000 resistance level, contending with market fluctuations and waning dominance compared to
Blockchain technology has begun to see extensive incorporation in several fields over the past months. With increasing awareness of cryptocurrency and blockchain technology, other sectors are identifying ways of integration. Recently, Singapore-based DBS bank launched the pilot of its blockchain-based government grants. Notably, the bank has immersed itself in blockchain
The U.S. Supreme Court is set to hear a legal dispute between chipmaker Nvidia and a class of its investors. This is a case that could have significant implications for the cryptocurrency industry. The Digital Chamber (TDC), warns that allowing this lawsuit could open the door to “frivolous securities lawsuits”
Spot Ethereum exchange-traded funds (ETFs) in the US have seen withdrawals for five days in a row. This is the longest run of withdrawals since their inception on July 23. Withdrawals from the Grayscale Ethereum Trust (ETHE) having surpassed $2.5 billion as of August 21 have outpaced the majority of
Coinbase, one of the top cryptocurrency exchanges globally, is making significant strides in advancing its offerings in Europe, particularly in light of the European Union’s evolving cryptocurrency regulations. As part of this expansion, Coinbase is introducing conversions between the fiat euro and the euro-pegged stablecoin EURC, set at a fixed
WazirX, a leading cryptocurrency exchange, recently cancelled all open orders on its platform. The exchange took this step to address ongoing issues related to Indian Rupee (INR) and cryptocurrency balances. This decision has sparked concern among users who had active trades on the platform. The problem stems from discrepancies between
In a recent Bloomberg News roundtable at the Democratic National Convention (DNC) on Wednesday, Kamala Harris, the Vice President of America showed a green flag for crypto. She is said to back measures to help grow the crypto community. Brian Nelson, Senior campaign advisor for policy to the campaign stated:
In the volatile nature of the cryptocurrency market, an anonymous trader has turned a modest $1,000 investment into a jaw-dropping $750,000 by trading the SunWukong memecoin. The trader’s holdings in SunWukong surged to this impressive peak, yet he has not sold a single token, leaving the crypto community speculating about
Solana investors are concerned as they face an impending unlock of $340 million worth of SOL tokens. With that many new tokens entering circulation, investors are concerned about increased selling pressure on Solana, which could drive the price down in an already volatile market. Meanwhile, the new ETFSwap (ETFS) presale
