Solana’s smart money investors, known for their insightful early-stage market analysis have identified a potential XRP killer, ETFSwap (ETFS), which is poised to achieve a 1500x surge in value by November 2024. Their belief in this emerging XRP killer’s potential is fueled by its unique approach that bridges the gap
The hedge funds have focused on traditional asset classes and have exposure to the cryptocurrency market. Approximately 50% of the hedge funds have allocated capital to digital assets, marking an increase compared to previous years. Reportedly, 47% of the hedge funds invested in traditional asset classes have ventured into cryptocurrencies
Ethereum (ETH), the largest altcoin by market cap, continues to underperform in the crypto market. The cryptocurrency has been in a steady downtrend since falling below $3,400 on June 23. The much-anticipated “Uptober” has also disappointed ETH holders, with the altcoin hitting a monthly low and facing growing selling pressure.
While the world mourns the passing of tech giant Ratan Tata, cryptocurrency prices fell in the last 24 hours. The community also received news about the US FBI’s creation of a new token to entrap suspects involved in market manipulation. Meanwhile, the largest cryptocurrency has yet again initiated a bearish
The Thai Securities and Exchange Commission (SEC) has proposed updating investment regulations to allow mutual and private funds to invest in crypto assets. This comes as the country sees growing interest in cryptocurrency, especially with more institutional players getting involved. The draft proposal released by the Thai SEC on Oct
Taiwan’s Financial Supervisory Commission (FSC) plans to trail the custody services of open digital assets. Three domestic banks have taken the initiative to participate in the trial program, which is set to kick off in the first quarter of 2025. These banks are expected to provide storage solutions for the
It’s been less than a year, and yet it’s hard to remember Bitcoin without a spot ETF. Just as Bitcoin before the advent of stablecoins, centralized exchanges, or block explorers, is hard to fathom now, the pre-ETF times feel dark and distant. Bitcoin didn’t need the SEC to rubber stamp
According to a report by MatrixPort, 7.51% of the world’s population now uses digital currencies, marking a major milestone in global cryptocurrency adoption. This would indicate that cryptocurrency is starting to move out of its niche market and into the mainstream of financial systems, because the analysis predicts that this
Donald Trump has taken a slight 3% lead in the U.S. presidential polls ahead of the November 2024 election, with his pro-crypto stance drawing significant attention from both traditional and digital markets. His recent endorsement of Bitcoin, alongside calls for a strategic U.S. Bitcoin reserve, has positioned him as a
In 2024, Bitcoin (BTC) and Ethereum ( ETH) have grabbed investors’ interests, especially with the launch of spot ETFs. Trading at $63,800 (BTC) and $2600 ( ETH), their exorbitant pricing sometimes deters prospective investors from searching for low-cost, highly profitable prospects. Fortunately, there are some fascinating cryptocurrencies presently for less
