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Search Results for: Ethereum

ETH Struggles to Hold Gains as Market Faces Bearish Pressure

The crypto market is still dominated by bearish trends, with many major assets struggling to hold onto their recent gains. Ethereum (ETH), the largest altcoin, managed to post a small 2.05% rally, but its recovery has been shaky. ETH opened the day around $1,541, and briefly saw an upward movement,

April 12, 2025 2 mins read

Roundhill Seeks SEC Approval for Humanoid Robotics ETF

Roundhill Investments has filed a prospectus with the U.S. Securities and Exchange Commission to launch a new Humanoid Robotics ETF. This move follows its earlier success with ETFs focused on Bitcoin and generative AI. The New York-based firm aims to capitalize on growing investor interest in human-like machines. Humanoid robotics

April 12, 2025 2 mins read

SUI Sets Sights on $2.35 Breakout with Network Growth and Stablecoin Surge

The SUI token is showing promising signs of a bullish reversal despite the broader cryptocurrency market experiencing a slight slowdown in momentum. Currently trading at $2.16 after a 2.60% intraday recovery, SUI appears poised for a potential breakout above key resistance levels that could ignite a more substantial rally in

April 11, 2025 2 mins read

BNB Chain Completes Lorentz Testnet Hard Fork Ahead of Mainnet Upgrade

BNB Chain successfully completed the Lorentz testnet hard fork today. It improves the network’s efficiency and ensures seamless performance. The blockchain has detailed its upcoming upgrades in its 2025 roadmap, further improving the network’s scalability and performance.  BNB Chain announced the completion of Lorentz testnet hardforks on its official X

April 11, 2025 2 mins read

Magic Eden Ignites Over 11%, But Is It Built to Last?

Recent recovery attempts have failed due to dominant bearish pressure. The crypto market cap has reached $2.57 trillion, with assets still trading under fear. Meanwhile, Magic Eden (ME) defied the trend, surging by over 11.16%. The asset traded at around a low of $0.8585. The rise of the bulls sent

April 11, 2025 2 mins read

Is Curve DAO Token Hitting $1 on the Horizon as Token Surges 21% in Single-Day?

The crypto community has been through a rollercoaster of emotions over the last few weeks. As they began to deal with the frustration of prolonged consolidation, the market crash was another major hit. However, the regulatory sector has continued to remain vibrant over the past few days.  Additionally, particular altcoins

April 11, 2025 2 mins read

Trump Repeals IRS DeFi Broker Rule, Reversing Biden-Era Crypto Policy

President Donald Trump has signed a law repealing a Biden-era IRS rule that extended tax reporting requirements to decentralized finance (DeFi) platforms. The IRS rule, finalized in late 2024, aimed to treat DeFi operators as brokers and force them to report user transaction data. Although it was scheduled to take

April 11, 2025 2 mins read

Arizona Senate Passes New Bill Granting Bitcoin Mining Rights to Citizens

With the US Federal Reserve announcing CPI data, investors expected the crypto market to react positively. However, the leading cryptocurrency Bitcoin fell modestly to the $80K range. Meanwhile, within the regulatory sector, several advancements occurred. US President Donald Trump signed a recent crypto bill that repels the IRS DeFi broker

April 11, 2025 2 mins read

Onyxcoin (XCN) Surges 70%, Is Further Rally Ahead?

All eyes of the crypto community are on Onyxcoin following its significant price surge over the past couple of days. Its considerable surge in trading volume demonstrates the genuine price surge led by on-chain activity rather than simply hype around the project. After being dormant for more than 2 years,

April 11, 2025 2 mins read