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Search Results for: Cryptocurrency

Ethereum Hovers Near $4,000: How High Can ETH Surge In June?

The altcoin leader, Ethereum (ETH), has witnessed a 20% growth in its portfolio this month, signaling a strong bullish reversal in the cryptocurrency market. As speculation about an impending altseason intensifies, the ETH price continues to hold above a crucial support level. Following the approval of the ETH ETF, Ethereum-based

May 28, 2024 2 mins read

Global Bitcoin ETFs Hold 5% of Supply Implies the Rise of Institutional Interest

Bitcoin exchange-traded funds (ETFs) worldwide have exceeded 1 million BTC under management, nearly 5% of the largest cryptocurrency’s circulating supply. This signals bullish institutional interest, and mainstream adoption of Bitcoin as an investment asset.  Global Bitcoin ETFs and its BTC AUM (Source: The Bold)  Signaling a major shift in the

May 28, 2024 2 mins read

NFT Trading Hits Lowest Point Since October 2023 Amid Crypto Rally

The global cryptocurrency market is displaying a surge, with Bitcoin (BTC) and Ethereum (ETH) reaching new highs. Bitcoin has soared to new peaks, trading between $68,000 and $70,000, while Ethereum is approaching the $4,000 mark. The excitement around these gains is heightened by the anticipation of Bitcoin and Ethereum ETF

May 28, 2024 2 mins read

Mt. Gox’s Staggering $3B Bitcoin Transfer Stirs Up Market FUD

In a significant development, wallets associated with the defunct cryptocurrency exchange Mt. Gox have transferred a substantial amount of Bitcoin. Data from Arkham Intelligence reveals that approximately 43,000 Bitcoin, valued at $3 billion, were moved on May 28. This marks the first such transfer in five years and signals a

May 28, 2024 2 mins read
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