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Search Results for: crypto market

ENS Token Rallies Over 70% After Vitalik Buterin’s Praise

After receiving accolades from Vitalik Buterin, co-founder of Ethereum, the governance token of the Ethereum Name Service (ENS) soared over 70% on January 3rd. Buterin emphasized that the Ethereum Name Service is “super important” in a post he made on Twitter on January 3. He also emphasized that the platform

January 4, 2024 2 mins read

Peter Schiff Cautions on Potential Risks of Spot Bitcoin ETF Approval

Popular Bitcoin critic and gold advocate Peter Schiff has cautioned BTC supporters to be wary of getting their hopes up in the face of mixed reactions to the prospect of the first spot Bitcoin ETF in the U.S. The potential disastrous effect of spot Bitcoin ETFs on the price of

January 4, 2024 2 mins read

Analyzing ICP And Why It Surged 180%

The Internet Computer (ICP) has experienced a swift ascent over the past four weeks, reaching an impressive high of $16.30. The surge follows a parabolic trajectory, marked by decisive breakouts from key resistance levels, signaling a significant shift in market dynamics. ICP’s price trajectory has been marked by a break

January 3, 2024 2 mins read

Matrixport’s Prediction on Spot Bitcoin ETF Approval Causes Havoc

Matrixport, a platform that specializes in financial services for the cryptocurrency industry, recently shocked the community with a wild prediction about the price of Bitcoin and the SEC’s position on the highly anticipated Bitcoin Spot ETF ruling. Moreover, their most recent report indicates that all Bitcoin spot ETFs are expected

January 3, 2024 2 mins read

Ethereum Supply Surge on CEX Raises Concerns Amid Bull Rally

Prominent institutions, including Celsius Network and Alameda Research, are depositing substantial amounts of Ethereum (ETH) onto centralized exchanges like Coinbase. This strategic shift comes at a time when Ethereum’s performance has lagged behind other major cryptocurrencies, such as Bitcoin and Solana, in the ongoing bullish market. Celsius Network’s Noteworthy Ethereum

January 3, 2024 2 mins read

Ethereum Faces Brief Correction After Climbing Above $2400 Level

A strategic purchase of Solscan, the renowned block explorer of Solana, has been announced by Etherscan, a major Ethereum network block explorer, API, and analytics platform. As stated in the release, the Solscan ecosystem is now officially a part of the Etherscan portfolio, including Bscscan, an explorer for the BNB

January 3, 2024 2 mins read

Radiant Protocol Exploited of $4.5 Million Worth of Ethereum

In yet another significant exploit, Radiant Capital, a cross-chain lending system, had 1,900 Ethereum (ETH) stolen worth $4.5 million. PeckShield, a blockchain security and analytics company, reported about the incident first. A recent hacking event on RDNT Capital led to the loss of 1.9k ETH, or over $4.5 million, according

January 3, 2024 1 min read

3 Altcoins Every Portfolio Should Have for Massive Returns in January 2024

Although the crypto world is a dynamic environment full of opportunity, navigating it may be challenging. Selecting the correct projects might be likened to discovering a rare diamond amidst a sea of pebbles, as there are many offering moonshot returns.As 2024 draws near, the cryptocurrency community is a hive of

January 3, 2024 4 mins read