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Search Results for: Cryptocurrency

How Mt. Gox Payouts on Kraken and Bitstamp Influenced Bitcoin Price?

In a significant update for the cryptocurrency community, Kraken announced the successful distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors affected by the Mt. Gox hack nearly a decade ago. The now-defunct exchange’s long-awaited fund recovery process has been facilitated by Kraken, alongside Bitstamp and other partners. On

July 24, 2024 2 mins read

Spot ETH ETFs Kick-Off to a $106M Inflow On First-Day Trading

The Ethereum ecosystem hit a new milestone with the US Spot ETH ETFs starting trading in the last 24 hours. After considerable anticipation, the digital assets began trading on July 23 after the SEC approved the final filings. On the first day of trading, the nine ETFs recorded a total

July 24, 2024 2 mins read

Why Analysts Remain Bullish on Litecoin’s Near Future?

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

July 24, 2024 2 mins read

Layer-1 Technology BlockDAG Attracts Astute Investors, Surpasses Uniswap & IMX Potential, Rushing to $100M in Presale

Uniswap recently achieved significant Layer-2 transaction volumes, while Immutable X saw price surges post-Polygon partnership. Amid these trends, BlockDAG stands out with a $60.4 million presale, drawing major investors to its innovative blockchain solution.  BlockDAG’s Layer-1 technology addresses the blockchain trilemma—speed, scalability, and decentralisation—offering swift transaction processing and robust security

July 24, 2024 4 mins read

Amid Rising Toncoin (TON) & Cronos (CRO) Prices, BlockDAG’s $2M Giveaway Attracts 98k+ Entries

BlockDAG, along with Toncoin (TON) and Cronos (CRO), is generating substantial excitement in the cryptocurrency arena, with each offering promising developments that attract investor interest. BlockDAG is at the forefront with its $2 million giveaway and a fast-forwarded mainnet debut, attracting more than 98,000 entrants. This vast participation underscores BlockDAG’s

July 24, 2024 4 mins read

Spot Ethereum ETFs See $300M Trading Activity in First Few Hours

Significant trading activity has already been produced since spot Ethereum ETFs first debuted on the U.S. stock market Tuesday morning. The exchange-traded funds amassed millions in total trading volume in less than an hour. At roughly 10:45 a.m. EST, or 75 minutes after the open, the funds reached $300 million

July 23, 2024 2 mins read

How To Spot A Hidden Crypto Gem? Practical Tips From Leading Market Analyst

The crypto market is experiencing a period of calm, with many investors eagerly awaiting the next bull run. Altcoins are still at attractive entry points, though they are already beginning to rise. This presents a unique opportunity for those looking to discover hidden gems before their value explodes. This article

July 23, 2024 4 mins read

CITI Upgrades Coinbase Shares to Buy Rating Amid Positive Regulatory Shifts

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

July 23, 2024 2 mins read

HashKey Cloud Collaborates with exSat as Leading Data Validator

ExSat is thrilled to announce a strategic alliance with HashKey Cloud, a Hong Kong-based Web3 infrastructure service provider that is recognized as a worldwide leader. As one of the first groups of validators on the mainnet upon launch, HashKey Cloud is set to join the testnet as a Data Validator.

July 23, 2024 3 mins read
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